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Tampa top market for boomers to rent

 
Tampa top market for boomers to rent
Posted Monday, July 7th 2014 @ 5am

ORLANDO, Fla. (AP) - A new report says the Tampa-St. Petersburg metro area is the best market for renting to the baby boomer population.

The report from Realtytrac released last week also placed Ocala, Homosassa Springs, Lakeland and the Space Coast in the top five rental markets for baby boomers.

Realtytrac picked markets where baby boomers made up at least a quarter of the population and then rated the annual gross rental yields.

More than a quarter of the Tampa metro area's residents are between the ages of 49 and 68, and the annual gross rental yield for the market was more than 20 percent.

Florida counties made up 15 of the top 25 spots for best rental market for baby boomers.

Photo Credit 970 WFLA/K. Norman

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