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Tampa Bay renters paying a lot more for rent than in pre-crash days

Tampa Bay renters are spending a bigger chunk of their incomes on rent.  [LANCE ROTHSTEIN   |  Special to the Times , 2016]
Tampa Bay renters are spending a bigger chunk of their incomes on rent. [LANCE ROTHSTEIN | Special to the Times , 2016]
Published Nov. 29, 2017

Tampa Bay renters are spending a bigger chunk of their incomes on rent.

In the pre-bubble years between 1985 and 2000, those earning what was then the median income spent 27.6 percent of their earnings on rent, Zillow found. Today, bay area renters spend 32.1 percent of their income on rent.

The demand for rentals after the housing bubble burst has driven up rents nationwide, costing the typical renter $2,000 more than it would have before the crash.

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