Welcome to HomeProp, your trusted Temple Terrace Property Management partner. We help you navigate the rental market of Temple Terrace, FL. As experienced property managers, we aim to provide comprehensive insights into this unique market, showcasing why HomeProp is the ideal choice for managing your rental property.
Understanding the Temple Terrace Property Management and Rental Market
Temple Terrace, known for its lush landscapes and vibrant community, presents a promising rental market. Let’s delve into the specifics:
Median Rental Prices for the Temple Terrace Property Management Market
Rental prices in Temple Terrace vary. Moreover, they reflect the diverse range of properties available. Additionally, median rental prices are competitively priced. Consequently, this makes it an attractive area for both tenants and landlords. Therefore, at HomeProp, we specialize in rental pricing. Specifically, we focus on maximizing your returns. Simultaneously, we ensure prices remain appealing to potential renters.
Average Days on Market
As of December 2023, the rental market in Temple Terrace, FL has experienced notable changes. Initially, the average rent for a one-bedroom apartment reached $1,465, reflecting a 9% increase year-over-year. Meanwhile, studio apartments witnessed a significant decrease of 22% in the past month, averaging $1,355. Conversely, two-bedroom apartments saw a modest increase, averaging $1,750, a 4% rise. Finally, the rent for three-bedroom apartments escalated to $2,200 per month, indicating a dynamic and evolving rental landscape in the area.
Property Profile
The area boasts a variety of property types, from charming single-family homes to modern apartments, catering to a wide audience. HomeProp has extensive expertise in managing diverse rental properties in Temple Terrace. HomeProp maintains your rental property exceptionally. We also meet the specific needs of the Temple Terrace rental market which are diverse.
Why Choose HomeProp for Temple Terrace Property Management?
Now, let’s explore why HomeProp stands as your best choice for property management in Temple Terrace:
- Local Market Expertise: We possess a deep understanding of Temple Terrace’s rental dynamics. Home Property will make sure that your property is well-positioned for maximum rents.
- Optimal Pricing Strategy: We expertly balance rental prices to align with market trends, ensuring competitive yet profitable returns.
- Effective Marketing Tactics: Our marketing is designed to reduce vacancies and attract quality tenants quickly.
- Comprehensive Management Services: From maintenance to tenant relations, we handle all aspects, providing peace of mind.
Partner with HomeProp
In conclusion, the Temple Terrace rental market offers significant opportunities for property owners. With HomeProp’s expertise, managing your rental property becomes seamless and efficient. Reach out to us today to unlock the full potential of your Temple Terrace rental property.
Important Rental Markets Near Temple Terrace
Learn more about important rental markets near Temple Terrace, including the Florida College Area, the USF Area and Tampa Palms.
Temple Terrace Rental Housing Ordinance
Temple Terrace has a special rental housing ordinance, including a required rental permit.
Rental ordinances include:
- Only up to three people who are not related can live together in a single rental home.
- Every rental home needs a yearly rental permit from the city, which costs $200 for each unit.
- Each year, rental homes will be inspected to check if they meet the requirements of City Code Chapter 8.
- If you don’t get or renew the rental permit, or if you don’t take care of the property properly, the Municipal Code Enforcement Board will investigate your case.
For more information, contact the Temple Terrace Fire Department, Risk Reduction Division at (813) 506-6690 or email.
Learn more about this ordinance here. HomeProp helps with all aspects of rental housing and Temple Terrace Property Management.
