How much house can I afford in Tampa on $70k?
About $1,633 a month at 28%. That often maps to $240k–$280k with 20% down.
Tampa · Florida
How Much House Can You Afford in Tampa?
Median home near $385,000. Typical household income near $65,000. Moderate to high — insurance still matters more than inland states. Calculator below uses Tampa tax and insurance defaults.
Local numbers for Tampa
$385,000Median home price
$120,312+Rough gross income for median home (3× rule)
0.92%Property tax (effective)
0.52%Insurance (of home value / yr)
On a median $385,000 home, tax near 0.92% is about $295/month. Insurance near 0.52% is about $166/month. HOA near $140/month where it applies.
Tampa Bay growth raised prices after 2020. Flood maps affect insurance in coastal blocks.
Affordability in Tampa: local context
Tampa Bay grew fast after 2020. Median price near $385k is more reachable than Miami for many dual-income households.
Insurance still runs above the US average. Get a quote early — do not size your max price on a national default alone.
Flood zones along the bay and rivers add cost. A home that looks affordable on list price may fail the full PITI test.
Suburbs in Hillsborough and Pasco often trade commute for space. Run the calculator with your real drive-to-work budget in mind.
FAQ — Tampa
Do I need flood insurance in Tampa?
Many zones yes — it is separate from homeowners and can be $100+ a month.