Cheap Apartments for Rent in Tampa, FL from $300 (427 Rentals)

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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: 08/04/2025

Current apartment rentals in the Tampa, FL area range in price from $499 to $31,590 with an overall median price of $4,518. The three Tampa neighborhoods with the lowest median rent pricing are Tierra Verde at $1,000, University Mall at $614, and North Side Homes at $781. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Tampa Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Tierra Verde$1,000$1,0001
University Mall$1,399$614328
North Side Homes$1,400$78117
University$1,475$499517
El Rey$1,537$1,20020
El Rey Mobile Home Park$1,537$1,20020
Lake Seminole$1,545$1,4604
Temple Crest West$1,600$73527
Plandome Heights$1,620$614151
Trianon Park$1,620$614146

Cheapest Available Tampa Apartments for Rent

 

The cheapest available apartment rental in Tampa, FL is a Studio unit found at Copeland Village in the University Square neighborhood priced from $781. Garden Terrace in the East Tampa neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $924. Here is today’s list of the most affordable Tampa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Copeland VillageStudioStudio,1BA$781
Garden TerraceOne Bedroom One Bath Apartment1BR,1BA$924
Shadow Pines2BR/2.0BA2BR,2BA$940
Rocky Creek Village Senior LivingStudioStudio,1BA$950
CountrywoodStudioStudio,1BA$999
Verra North1 Bedroom 1 Bath1BR,1BA$999
Oakwood Apartments1 Bedroom1BR,1BA$1,000
Riverside Palms0 Bedroom 1 BathStudio,1BA$1,025
Bella Mar Apartment HomesOne Bedroom One Bath - A11BR,1BA$1,039
Palms at Sand LakeA11BR,1BA$1,039

Best Value Apartments for Rent in Tampa, FL

As of August 04, 2025 the best value apartment in the Tampa area is the $1.02 price per square foot Phase I - Large 3 Bedroom Model at New Life Village in the in the Eucalyptus Park neighborhood starting from $1,464. The second greatest value Tampa apartment is the 3 Bed 2 Bath Model at Columbia Park Apartments starting at $1,900 with a $1.36 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.
New Life VillagePhase I - Large 3 Bedroom3BR,2.5BA$1.02
Columbia Park Apartments3 Bed 2 Bath3BR,2BA$1.36
Palm Flats Apartments2/2.52BR,2BA$1.30
The Park at Chesterfield Apartment HomesTHE GARDENIA2BR,2BA$1.32
Reflections3/3U w/ Quartz Leased By The Room3BR,3BA$0.72
Brandywine Apartments2x22BR,2BA$1.32
Spanish Trace2x22BR,2BA$1.29
Autumn Place Apartments2 Bed 2 Bath2BR,2BA$1.31
Royal Palm Key2 Bed, 2 Bath2BR,2BA$1.35
Lark on 42nd2 Bedroom, 2 Bath2BR,2BA$1.09

Quick Rent Budget Calculator

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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.

Pet Friendly Lifestyle
Tampa, FL

Ranked #1

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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

Explore Tampa, FL Rentals by Map

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Getting Around Tampa, FL

Walk Score®

55 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

56 / 100

Bikeable

Some bike infrastructure

Transit Score®

30 / 100

Some Transit

A few nearby public transportation options

Tampa, FL Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

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 $1,039.

What is the price of a cheap apartment in Tampa?

The cheapest apartment in Tampa is Garden Terrace which is listed at $924, while the average apartment in Tampa costs $4,518.

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 7,556 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 $635 which is $3,883 cheaper than the average rent for all rentals in Tampa.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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

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Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.