Side-by-side comparison of Jacksonville, FL and Tampa, FL — cap rates, rent, prices, and investment metrics.
Cash flow: Jacksonville has the edge with an estimated cap rate of 3.76% compared to Tampa's 3.75%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $310,000 in Jacksonville vs $365,000 in Tampa, while rents come in at $1,480/mo and $1,720/mo respectively.
Growth & appreciation: Tampa is growing faster at 1.9% annually vs Jacksonville's 1.7%. Tampa leads on home value appreciation at 4.2% per year. Strong population growth typically translates to sustained rental demand and long-term price support.
Costs & risk: Property taxes are 0.86% in Jacksonville vs 0.83% in Tampa. Vacancy rates of 5.4% and 4.8% are both healthy, suggesting strong tenant demand in both markets.
Bottom line: Tampa edges out Jacksonville on most key metrics. While cap rates are moderate at 3.75%, Tampa's overall profile is stronger. Use our free calculators to model specific deals in Jacksonville or Tampa.