- Associated Press - Monday, July 7, 2014

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.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.


Click to Read More

Click to Hide