Tampa Apartment Vacancy Hovers Around 10%
The U.S. average apartment vacancy rate was 8 percent and the asking rental rate was $1,026.
Of the other major Florida markets, Miami had the lowest vacancy rate at 5.8 percent as well as the highest asking rental rate at $1,063. Tampa-St. Petersburg had a 10.7 percent vacancy rate and an $827 asking rent and Orlando had a 11.2 percent vacancy rate and an $869 asking rent.
New York-based Reis (Nasdaq: REIS) is a commercial real estate performance information and analysis company.
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