Cheap Apartments for Rent in Tampa, FL from $500 (627 Rentals)

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Search the lowest-cost Apartments available for rent right now in Tampa.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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WestEnd
$1,075 - $1,607
Total Monthly Price

Total Monthly Price

Base Rent
$1,075 - $1,607
Total Monthly Price
$1,075 - $1,607
Studio to 2 Bedroom Apartments Available Now

WestEnd

7610 W Waters AveTampa, FL 33615
Affordability
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Tampa, FL Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Tampa, FL

Pricing Updated: 05/13/2026

Current apartment rentals in the Tampa, FL area range in price from $509 to $29,384 with an overall median price of $4,742. The three Tampa neighborhoods with the lowest median rent pricing are Northeast Community at $735, Temple Bluff at $735, and Temple Crest West at $735. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Tampa Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Northeast Community$1,450$73573
Temple Bluff$1,450$73599
Temple Crest West$1,450$73564
Ridgeland Ranch$1,460$735257
Tampa Overlook$1,479$84565
40th Street Corridor$1,500$735106
University Mall$1,505$870286
Temple Crest$1,574$735106
University$1,600$509614
Rowlett Park$1,670$735226

Cheapest Available Tampa Apartments for Rent

 

The cheapest available apartment rental in Tampa, FL is a 2 Beds unit found at Columbus Court in the East Tampa neighborhood priced from $753. Copeland Village in the University Square neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $802. Here is today’s list of the most affordable Tampa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Columbus Court2x12BR,1BA$753
Copeland VillageStudioStudio,1BA$802
Vue Tampa4BR/4BA - Platinum4BR,4BA$864
Garden TerraceStudio ApartmentStudio,1BA$889
Bella Mar Apartment HomesOne Bedroom One Bath - A11BR,1BA$899
Riverside PalmsSierra1BR,1BA$899
RosewoodEFFStudio,1BA$900
Palms at Sand LakeA11BR,1BA$968
Courtney Cove Apartment HomesThe StarfishStudio,1BA$975

Best Value Apartments for Rent in Tampa, FL

As of May 13, 2026 the best value apartment in the Tampa area is the $0.52 price per square foot 5BR/5.5BA - Durango - Platinum Model at Cove Commons in the in the University Square neighborhood starting from $1,100. The second greatest value Tampa apartment is the Lumpkin A 4 x 4 Model at The Retreat at Tampa starting at $935 with a $0.53 price per square foot in the University Square neighborhood. Here is today’s list of the best values for Tampa apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cove Commons5BR/5.5BA - Durango - Platinum5BR,5.5BA$0.52
The Retreat at TampaLumpkin A 4 x 44BR,4BA$0.53
Union on FletcherD14BR,4BA$0.76
The Metropolitan TampaD3 - 4x44BR,4BA$0.70
The Standard at TampaHamlet - 5 x 35BR,3BA$0.68
Vue Tampa4BR/4BA - Platinum4BR,4BA$0.62
Venue at North CampusD14BR,4BA$0.61
Forest Lake2BR/2BA - B3 Standard2BR,2BA$0.92
Lark on 42nd2 Bedroom, 2 Bath2BR,2BA$1.22
Columbus Court2x12BR,1BA$1.03

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Top Student Friendly Neighborhoods to Rent Near Colleges in Tampa

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Tampa Bay area for affordable living. Find your perfect Tampa Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Tampa Overview

Off the coast of western Florida sits the city of Tampa, the county seat of Hillsborough County and one of the largest cities in the state. Being a fun city with great weather and plenty to do all year long makes this city a hotbed for living the good life. With a wide variety of options of apartments in Tampa, living here can be the Florida lifestyle you're looking for.

Why live in Tampa, FL?

With its beautiful beaches, warm weather and its thriving economy, Tampa apartments are one of the best locations in the South to live. The crime rate is about the average of the rest of the country, and the unemployment rate is fairly low as well, with median household incomes more than $40,000. The city is incredibly diverse, with a lot of Hispanic culture.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Tampa, FL Rentals by Map

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See the most popular apartments and homes in Tampa, FL

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Tampa, FL Area Reviews

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Vickie • 4+ years in Tampa

September 24, 2025

Tampa is an active, vibrant, interesting, and entertaining city with plenty of opportunities for fun, adventure, education, and personal growth. It's a great place to call home.

Vickie • 4+ years in Tampa

August 10, 2025

When you live in Tampa, you never run out of things to do. Whether you're single, married, a couple, and do or don't have kids, the city has somehting of interest for everyone for all ages.

Frequently Asked Questions about Cheap Tampa Apartments

What is a cheap apartment in Tampa?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Tampa is under $975.

What is the price of a cheap apartment in Tampa?

The cheapest apartment in Tampa is Bella Mar Apartment Homes which is listed at $899, while the average apartment in Tampa costs $4,742.

What types of apartments are the cheapest in Tampa?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 20,531 regular apartments in Tampa that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Tampa?

Cheap apartments in Tampa have an average cost of $492 which is $4,250 cheaper than the average rent for all rentals in Tampa.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in Tampa

Written by: Vickie Ferguson

Hi, and welcome to ApartmentHomeLiving.com, we're here to provide you with all the information you need about top areas in and around Tampa that are great choices to call home.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.