The 10 Cheapest Tampa, FL Neighborhoods To Live In For 2024


The cheapest Tampa neighborhoods are Drew Park and South Seminol Heights for 2024 based on Saturday Night Science.

Worst Neighborhoods In Tampa
Source: Wikipedia User Zeng8r | CC BY-SA 4.0

Everything else equal, we can all agree that living in a cheaper place is better than living in a more expensive place.

I’d much rather pay $500/mo in rent than $1,000. And I’d rather pay $2 for coffee than $5.

And while every neighbhorhood in Tampa might be more expensive than living in rural Florida, there are certain neighborhoods that are definitely cheaper.

What exactly are those Tampa neighborhoods where your dollar goes a little further — you can get that one bedroom instead of the studio?

Instead of relying on public opinion and speculation, we wanted to get the facts straight and determine which neighborhoods in Tampa are the cheapest using Saturday Night Science.

The Cheapest Neighborhoods In Tampa For 2024

  1. Drew Park
  2. South Seminol Heights
  3. Palma Ceia West
  4. Culbreath
  5. College Hill
  6. Belmar Gardens
  7. Orient Park
  8. Golf View
  9. New Tampa
  10. Seminol Heights

What’s the cheapest neighborhood to live in Tampa for 2024? According to the most recent census data, Drew Park looks to be the cheapest Tampa neighborhood to live in.

At this point, we should make it clear that you do get what you pay for — some of these neighborhoods might not be the best places to live in Tampa. You could be sacrificing location or crime rates for more space and cheaper groceries.

Read on to see how we determined the places around Tampa that deserve a little bragging rights, or maybe you’re interested in the worst neighborhoods in Tampa.

For more Florida reading, check out:


Table Of Contents: Top Ten | Methodology | Summary | Table


The 10 Cheapest Neighborhoods To Live In Tampa For 2024

Overall SnackAbility

3
/10

Population: 1,457
Cost Of Living Index: 84 (9th cheapest)
Home Value To Income Ratio: 3.2 (17th cheapest)
Rent To Income Ratio: 0.015 (16th cheapest)
More on Drew Park: Data | Real Estate

Overall SnackAbility

8
/10

Population: 4,510
Cost Of Living Index: 93 (37th cheapest)
Home Value To Income Ratio: 3.1 (13th cheapest)
Rent To Income Ratio: 0.016 (18th cheapest)
More on South Seminol Heights: Data | Real Estate

Overall SnackAbility

9
/10

Population: 1,752
Cost Of Living Index: 104 (50th cheapest)
Home Value To Income Ratio: 3.2 (16th cheapest)
Rent To Income Ratio: 0.008 (2nd cheapest)
More on Palma Ceia West: Data | Real Estate

Overall SnackAbility

9.5
/10

Population: 1,472
Cost Of Living Index: 128 (66th cheapest)
Home Value To Income Ratio: 2.4 (3rd cheapest)
Rent To Income Ratio: 0.006 (cheapest)
More on Culbreath: Data | Real Estate

Overall SnackAbility

3
/10

Population: 1,274
Cost Of Living Index: 85 (14th cheapest)
Home Value To Income Ratio: 2.5 (4th cheapest)
Rent To Income Ratio: 0.03 (53rd cheapest)
More on College Hill: Data | Real Estate

Overall SnackAbility

9.5
/10

Population: 2,045
Cost Of Living Index: 118 (60th cheapest)
Home Value To Income Ratio: 2.7 (5th cheapest)
Rent To Income Ratio: 0.011 (8th cheapest)
More on Belmar Gardens: Data | Real Estate

Overall SnackAbility

1
/10

Population: 720
Cost Of Living Index: 82 (4th cheapest)
Home Value To Income Ratio: 2.1 (cheapest)
Rent To Income Ratio: 0.039 (68th cheapest)
More on Orient Park: Data | Real Estate

Overall SnackAbility

9.5
/10

Population: 1,357
Cost Of Living Index: 133 (68th cheapest)
Home Value To Income Ratio: 2.1 (2nd cheapest)
Rent To Income Ratio: 0.008 (3rd cheapest)
More on Golf View: Data | Real Estate

Overall SnackAbility

7
/10

Population: 10,119
Cost Of Living Index: 104 (50th cheapest)
Home Value To Income Ratio: 2.8 (6th cheapest)
Rent To Income Ratio: 0.017 (2cheapest)
More on New Tampa: Data | Real Estate

Overall SnackAbility

7
/10

Population: 6,280
Cost Of Living Index: 92 (33rd cheapest)
Home Value To Income Ratio: 3.0 (11th cheapest)
Rent To Income Ratio: 0.022 (35th cheapest)
More on Seminol Heights: Data | Real Estate

Methodology: How We Determined The Cheapest Tampa Hoods In 2024

To rank the cheapest places to live in Tampa, we had to determine what criteria define “cheap” and then apply Saturday Night Science.

Using Census and extrapolated BLS data, we arrived at the following set of criteria:

  • Overall Cost Of Living
  • Rent To Income Ratio
  • Median Home Value To Income Ratio

We then ranked each neighborhood with scores from 1 to 71 in each category, where 1 was the cheapest.

Next, we averaged the rankings for each neighborhood to create a cheap neighborhood index.

And finally, we crowned the neighborhood with the lowest cheapest neighborhood index, the “Cheapest City Neighborhood In Tampa.” We’re lookin’ at you, Drew Park.

We updated this article for 2024. This is our fourth time ranking the cheapest neighborhoods to live in Tampa. Skip to the end to see the list of all the neighborhoods in the city, from cheapest to most expensive.

Summary: Lowest Cost Places To Live In Tampa

If you’re measuring the neighborhoods in Tampa where prices are low, and it’s cheap to live, this is an accurate list.

The most affordable neighborhoods in Tampa are Drew Park, South Seminol Heights, Palma Ceia West, Culbreath, College Hill, Belmar Gardens, Orient Park, Golf View, New Tampa, and Seminol Heights.

As mentioned earlier, the neighborhoods in Tampa aren’t all cheap. Ridgewood Park takes the title of the most expensive neighborhood to live in Tampa.

The most expensive neighborhoods in Tampa are Ridgewood Park, Harbour Island, Tampa Heights, Downtown, and Davis Island.

We ranked the neighborhoods from cheapest to most expensive in the chart below.

For more Florida reading, check out:

Detailed List Of The Cheapest Neighborhoods To Live In Tampa For 2024

Rank Neighborhood Cost Of Living Index
1 Drew Park 84
2 South Seminol Heights 93
3 Palma Ceia West 104
4 Culbreath 128
5 College Hill 85
6 Belmar Gardens 118
7 Orient Park 82
8 Golf View 133
9 New Tampa 104
10 Seminol Heights 92
11 Temple Park 84
12 Riverside 89
13 West Meadows 107
14 Forest Hills 88
15 Old Seminol Heights 92
16 Florence 84
17 Tampa Palms 106
18 Palmetto Beach 86
19 Sulphur Springs 84
20 University Square 83
21 Beach Park 135
22 Port Tampa City 93
23 East Ybor 85
24 Carver City 93
25 North Tampa 83
26 Beasley 86
27 Cory Lake Isles 127
28 River Grove 87
29 Courier City 105
30 Hunters Green 120
31 Bon Air 112
32 Live Oaks Square 86
33 Northeast Macfarlane 88
34 Palma Ceia 121
35 Wellswood 92
36 Virginia Park 118
37 Riverside Heights 99
38 Lowry Park Central 90
39 Northview Hills 81
40 Woodland Terrace 88
41 Rattlesnake 91
42 Ballast Point 114
43 Bayshore Beautiful 121
44 Temple Crest 87
45 West Riverfront 76
46 West Shore Palms 100
47 Tampa International Airport Area 93
48 East Tampa 85
49 Tampa-Bayshore Gardens 93
50 Northeast 86
51 Channelside 117
52 Bayside West 95
53 North Hyde Park 107
54 Swann Estates 131
55 Bon Air North 98
56 Plaza Terrace 89
57 Fairoaks 100
58 Parkland Estates 151
59 Gandy-Sun Bay South 94
60 Interbay 95
61 Oakford Park 94
62 Old West Tampa 84
63 Historic Ybor 94
64 Ybor City 85
65 Highland Pines 82
66 Grant Park 86
67 Davis Island 136
68 Downtown 90
69 Tampa Heights 90
70 Harbour Island 122
71 Ridgewood Park 103
About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.