Cheap New Apartments for Rent in Tampa, FL from $500 (66 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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Apella on Newport
$1,490 - $2,010
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$1,490 - $2,010

Total Monthly Price
$1,490 - $2,010
Built in 20242 to 6 Bedroom Apartments Available Aug 21

Apella on Newport

311 N Newport AveTampa, FL 33606
Student Housing
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Trails at Hunters Lake
Rent Specials
$1,499 - $2,988
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$1,499 - $2,988

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Built in 2020Studio to 3 Bedroom Apartments Available Now

Trails at Hunters Lake

8500 Hunters Village RdTampa, FL 33647
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Allora Uptown
Rent Specials
$1,520 - $2,300
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$1,520 - $2,300

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Built in 20241 to 2 Bedroom Apartments Available Now

Allora Uptown

14350 Ambrosia StTampa, FL 33613
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The Galvin
$1,534 - $2,785
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$1,534 - $2,785

Total Monthly Price
$1,534 - $2,785
Built in 2025Studio to 3 Bedroom Apartments Available Now

The Galvin

10215 Estuary Lakes DrTampa, FL 33619
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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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Prose Park View
Rent Specials
$1,619 - $2,475
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$1,619 - $2,475

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Built in 20241 to 2 Bedroom Apartments Available Now

Prose Park View

10881 Caladesi AveTampa, FL 33610
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Lector 85
Rent Specials
$1,634 - $3,128
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$1,634 - $3,128

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Built in 2021Studio to 3 Bedroom Apartments Available Now

Lector 85

2409 E 2nd AveTampa, FL 33605
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NAVARA
Rent Specials
$1,698 - $2,931
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Total Monthly Price

Base Rent
$1,698 - $2,931

Total Monthly Price
$1,698 - $2,931
Built in 2022Studio to 2 Bedroom Apartments Available Now

NAVARA

921 N Central AveTampa, FL 33602
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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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Haley Park
Built in 20161 to 2 Bedroom Apartments

Haley Park

1510 E 130th AveTampa, FL 33612
Senior Living
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Renaissance at West River
Built in 20201 to 2 Bedroom Apartments

Renaissance at West River

1545 W Main StTampa, FL 33607
Senior Living
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Uptown Sky
Built in 20232 to 3 Bedroom Apartments

Uptown Sky

13635 N 12th StTampa, FL 33613
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Alton Westshore
Built in 2018Studio to 2 Bedroom Apartments

Alton Westshore

5320 S West Shore BlvdTampa, FL 33611

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.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Tampa, FL Local Guide

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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Location, Location, Location!

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Tampa, FL Area Reviews

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Vickie4+ 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.

Vickie4+ 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.

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

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.