University, Hillsborough County, FL Rental Market Trends
Last updated: April 12, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in University is $1,818, a 1.82% decrease compared to the previous year, when the average rent was $1,852.
Studio Apartments at $1,291 offer the most budget-friendly option with 395 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 665 square feet for $1,319, balancing privacy and affordability.
Two-beedroom units at $1,644 offer 974 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,253 sq ft) for $2,359, suitable for larger households.
Average rent in University, Hillsborough County, FL
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,818 | 939 sq. ft. |
| Studio | $1,291 | 395 sq. ft. |
| 1 Bed | $1,319 | 665 sq. ft. |
| 2 Beds | $1,644 | 974 sq. ft. |
| 3 Beds | $2,359 | 1,253 sq. ft. |
University, Hillsborough County, FL rent trends
Rental prices in University, Hillsborough County, FL have decreased by 1.82% over the past year. The average rent moved from $1,852 to $1,818.
What's the typical rent budget in University, Hillsborough County, FL?
The largest share of rentals in University, Hillsborough County, FL (47%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in University, Hillsborough County, FL?
22,265 or 79% of the households in University, Hillsborough County, FL are renter-occupied while 6,049 or 21% are owner-occupied.
Most affordable neighborhoods in University?
North Tampa $1,167/month
Temple Crest $1,184/month
Plaza Terrace $1,387/month
All of these neighborhoods fall below the city wide average of $1,818/month.Most expensive neighborhoods in University?
Downtown Tampa $2,980/month
Harbour Island $3,257/month
Uptown Tampa $3,261/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in University, Hillsborough County, FL By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Uptown Tampa | $3,261 |
| Harbour Island | $3,257 |
| Downtown Tampa | $2,980 |
| Riverfront | $2,877 |
| Westshore Palms | $2,783 |
| Channel District | $2,709 |
| Tampa International Airport | $2,505 |
| Courier City - Oscawana | $2,411 |
| North Hyde Park | $2,315 |
| Tampa Heights | $2,313 |
| Carver City - Lincoln Gardens | $2,283 |
| Port Tampa | $2,270 |
| Gandy - Sun Bay South | $2,188 |
| Beach Park | $2,042 |
| MacDill Airforce Base | $1,992 |
| Terrace Park | $1,915 |
| Ybor | $1,869 |
| West Meadows | $1,848 |
| Ridgewood Park | $1,790 |
| University Square | $1,784 |
| Tampa Palms | $1,784 |
| Hunters Green - Cory Lake Isles | $1,755 |
| Bayside West | $1,739 |
| Old Seminole Heights | $1,728 |
| Wellswood | $1,686 |
| Temple Terrace | $1,631 |
| Fair Oaks - Manhattan Manor | $1,627 |
| Lowry Park | $1,528 |
| Gray Gables | $1,513 |
| Plaza Terrace | $1,387 |
| Temple Crest | $1,184 |
| North Tampa | $1,167 |
University | Rent Comparison by Neighborhood
Rent in Bayside West is 15% lower than in Beach Park
Bayside West rent is 4% lower than University average
Beach Park rent is 12% higher than University average
How University Compares to Other Cities
| City | Average Rent |
|---|---|
| University | $1,818 |
| Jacksonville | $1,497 |
| Cape Coral | $1,689 |
| Kissimmee | $1,809 |
| Tampa | $2,013 |
| Miami | $2,734 |
| Fort Myers | $1,714 |
| North Port | $1,705 |
| Lakeland | $1,527 |
| Orlando | $1,788 |
| Port St. Lucie | $2,136 |
| Brandon | $1,742 |
| Riverview | $1,880 |
| Wesley Chapel | $1,898 |
| Apollo Beach | $2,043 |
| Palm Harbor | $1,821 |
| Citrus Park | $1,895 |
| Northdale | $1,600 |
| Lake Magdalene | $1,435 |
| Westchase | $2,029 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all University apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.