$2,050 Per Month
- 3 Beds
- 2.5 Baths
- 1,400 Sq Ft
- Townhouse for Rent
6959 Towne Lake Rd, Riverview, FL 33578
6959 Towne Lake Rd, Riverview, FL 33578
Frequently Asked Questions
How much does it cost to rent a townhouse in Riverview, FL?
The median rent for a townhouse in Riverview, FL is $1,900 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Riverview, FL?
To comfortably afford the median rent in Riverview, FL, a household needs to earn roughly $91,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,275 per month in Riverview, FL, renters typically need to show $6,825 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Riverview, FL?
In Riverview, FL, the price-to-rent ratio is 13.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Riverview, FL are best for renting a townhouse?
The best neighborhood for renting in Riverview, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a townhouse include FishHawk Ranch, Great Palm River Point, Waterset, East Lake-Orient Park and Harbour Island, each with its own character and price range.
