www.zillow.com/research/

APRIL2019 Tampa Metro

National Rents

Current: $1,477Monthly Change: 0.2%Annual Change: 2.6%

Tampa Metro Rents

Current: $1,446Monthly Change: 0.3%Annual Change: 4.8%

Breakeven Horizon1.4 years

Major Cities - Rents

TampaCurrent: $1,428Monthly Change: 0.4%Annual Change: 6.2%Breakeven Horizon: 1.3 years

Saint PetersburgCurrent: $1,428Monthly Change: 0.6%Annual Change: 5.9%Breakeven Horizon: –

ClearwaterCurrent: $1,503Monthly Change: 0.5%Annual Change: 4.1%Breakeven Horizon: 1.3 years

New Port RicheyCurrent: $1,290Monthly Change: 0.4%Annual Change: 5.2%Breakeven Horizon: 1.3 years

RiverviewCurrent: $1,504Monthly Change: 0.3%Annual Change: 4.6%Breakeven Horizon: 1.7 years

Esri, HERE, DeLorme, MapmyIndia, © OpenStreetMap contributors, and the GIS user community

City ZRI Year-over-Year-0.2% -0.1% - -0.1% 1.3% - 2.8% 2.9% - 4.5% 4.6% - 6.1% 6.2% - 8.8% 8.9% - 16.6%

Metro Cities: Top/Bottom by Annual Rent AppreciationTop:Weeki Wachee Gardens 16.6%

Saint Pete Beach 12.9%

South Pasadena 8.8%

Treasure Island 7.9%

Gulfport 7.7%

Bottom:Redington Beach -0.2%

Hernando Beach -0.1%

North Redington Beac 1.3%

Indian Shores 2%

Odessa 2.1%

Metro Neighborhoods: Top/Bottom by Annual Rent AppreciationTop:Davis Island 10.1%

Isla Del Sol 10%

Courier City 9.5%

Southeast 8.5%

East Madison 8.4%

Bottom:Snell Isle -2.8%

Cory Lake Isles -1.1%

Pacido Bayou -0.7%

Maximo -0.2%

Arbor Greene 0.4%

How do we measure rents? To track rents, we use the Zillow Rent Index (ZRI). The

ZRI is the midpoint of estimated rents in a given region. Half the estimated rental prices

are above this number and half are below.

What is the Breakeven Horizon? The Breakeven Horizon in the number of years you

must live in a home before owning the same home becomes more financially advantageous

than renting the home. For example, if ’City X’ had a Breakeven Horizon of 5.5 years,

it is financially better for you to rent in ’City X’ unless you plan on living there for more

than 5.5 years.

APRIL2019

*Top cities and neighborhoods by size within the metro are listed. Additional counties, cities, neighborhoods and zip codes may be available online at

www.zillow.com/research/data or by emailing press@zillow.com

Zillow Research:Zillow R© is the leading real estate and rental marketplace dedicated to empowering consumers with data, inspiration and knowledge around the placethey call home, and connecting them with the best local professionals who can help. In addition, Zillow operates an industry-leading economics andanalytics bureau led by Zillow’s Chief Economist Dr. Svenja Gudell. Dr. Gudell and her team of economists and data analysts produce extensive housingdata and research covering more than 450 markets at Zillow Real Estate Research. Zillow also sponsors the quarterly Zillow Home Price ExpectationsSurvey, which asks more than 100 leading economists, real estate experts and investment and market strategists to predict the path of the Zillow HomeValue Index over the next five years. Zillow also sponsors the bi-annual Zillow Housing Confidence Index (ZHCI) which measures consumer confidence inlocal housing markets, both currently and over time. Launched in 2006, Zillow is owned and operated by Zillow Group (NASDAQ: Z), andheadquartered in Seattle.

www.zillow.com/research/

Largest Cities Covered by Zillow

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Brandon 1.5 1,478 5.4 1,500 0.9Brooksville 1,083 5.9 0.8Citrus Park 1.5 1,582 3.3 1,800 1Clearwater 1.3 1,503 4.1 1,700 1.2Dunedin 1.2 1,528 5.4 1,650 1.2Egypt Lake-Leto 1.2 1,323 5.9 1Greater Carrollwood 1.5 1,533 5.4 1,480 1Holiday 1,055 5.5 1,080 0.9Hudson 1.2 1,309 5 1,360 0.8Lake Magdalene 1.4 1,545 4.7 1,320 1Land O Lakes 1.8 1,634 4.6 1,680 0.9Largo 1.3 1,372 3.8 1,440 1.2Lutz 1.8 1,701 3.5 1,800 1New Port Richey 1.3 1,290 5.2 1,300 0.9Palm Harbor 1.7 1,653 4.1 1,750 1.1

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Pinellas Park 1.2 1,356 4.6 1,500 1.2Plant City 1.2 1,399 6.6 1,430 0.9Port Richey 1,065 6.1 1,150 0.9Riverview 1.7 1,504 4.6 1,600 0.9Ruskin 1.7 1,462 4.7 1,620 0.9Saint Petersburg 1,428 5.9 1,600 1.3Seminole 1.5 1,562 4.4 1,700 1.2Spring Hill 1.1 1,263 5.6 1,350 0.8Tampa 1.3 1,428 6.2 1,600 1.2Tarpon Springs 1.4 1,665 4.5 1,740 1.1Town ’n’ Country 1.3 1,434 3.9 1,400 1University 1,104 3.8 1.1Valrico 1.8 1,643 3.9 1,750 0.8Wesley Chapel 1.7 1,582 3.1 1,700 0.9Zephyrhills 1.2 1,151 5 1,200 1

Largest Neighborhoods Covered by Zillow

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Bayshore Beautiful 1.8 2,565 3.6 1.6Central Oak Park 1,296 4.8 1.2Disston Heights 1.3 1,415 5.6 1,400 1.2East Tampa 1,213 4.2 1,300 1Forest Hills 1.1 1,356 4.8 1Gandy 1,488 6.4 1,970 1.2Greater Pinellas Poi 1,534 2.4 1.1Lowry Park Central 1,268 4.2 1.1New Tampa 2.1 1,734 5.4 0.8North Hyde Park 1.9 1,713 7.1 1.7

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North Tampa 1,139 3.4 1.2Northeast Macfarlane 1,378 5 1.1Old Seminole Heights 1,322 6 1.1Plaza Terrace 1.2 1,435 5.1 1Sulphur Springs 1,158 5.3 1.1Tampa Palms 2.1 1,759 4.2 0.9Temple Crest 1,231 3.5 1Terrace Park 1,310 4 1University Square 1,234 3 1.1West Meadows 2.1 1,571 2.4 1,320 0.9