St. Petersburg vs Tampa
Side-by-side rent vs buy analysis comparing these two markets
Overall Comparison
St. Petersburg has an edge
St. Petersburg currently favors renting, with better rent-to-price dynamics.
Median Home PriceBETTER
$361,621.35
Median Rent
$2,031.75/mo
Price-to-Rent RatioBETTER
14.8
Property Tax RateTIE
0.89%
Price Change (1Y)
-8.5%
Price Change (5Y)
-42.6%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$116,888
Median Home Price
$373,641.61
Median RentBETTER
$2,008.84/mo
Price-to-Rent Ratio
15.5
Property Tax RateTIE
0.89%
Price Change (1Y)BETTER
-4.6%
Price Change (5Y)BETTER
-23.2%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$137,121
Key Differences
Home Prices
St. Petersburg's median home price of $361,621.35 is lower than Tampa's $373,641.61 by 3%.
Monthly Rent
Renting in St. Petersburg costs $2,031.75/mo compared to $2,008.84/mo in Tampa—a difference of $22.91/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.
Run Your Own Numbers
This comparison uses median values. Your income, savings, and goals matter. Use our Buy vs Rent calculator to get a personalized analysis.