Reis put Tampa’s apartment market third quarter 2016 vacancy at just 4.3%, up 10 basis points for the period and up 20 year-to-date. Rent growth has remained strong. At $1,009 and $969 per month, third quarter asking and effective averages were up 4.2% and 3.2%, respectively, year-to-date following gains of 5.1% and 5.3% all told in 2015. Gains for the latest quarter alone were 1.7% each. The lack of new additions to supply and the weak absorption that followed for the metro market as a whole in October were accompanied by gains of 0.1% for both mean rents.