The Tampa apartment market vacancy rate at just 4.0% in the fourth quarter of 2016 was up 30 basis points for the period but was up only 20 for the year. Rent growth has remained strong, “tapering off” just a bit in 2016. At $1,015 and $975 per month, fourth quarter asking and effective averages were up 4.8% apiece for the year. Gains in the fourth quarter alone, however, were just 0.4% each. Marketwide vacancy closed January 2017 at 4.3%. Gains of 0.5% are reported for both mean rents for the month.