Cheap New Apartments for Rent in Tampa, FL from $500 (56 Rentals)

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

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Apella on Newport
$1,490 - $2,010
Total Monthly Price

Total Monthly Price

Base Rent
$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
  • Verified
  • Customer Reviewed
  • Utilities Included

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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Trails at Hunters Lake
Rent Specials
$1,513 - $3,038
Total Monthly Price

Total Monthly Price

Base Rent
$1,513 - $3,038
Total Monthly Price
Varies
Built in 2020Studio to 3 Bedroom Apartments Available Now

Trails at Hunters Lake

8500 Hunters Village RdTampa, FL 33647
Affordability
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  • Customer Reviewed
  • Utilities Included
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The Galvin
$1,534 - $2,865
Total Monthly Price

Total Monthly Price

Base Rent
$1,534 - $2,865
Total Monthly Price
$1,534 - $2,865
Built in 2025Studio to 3 Bedroom Apartments Available Now

The Galvin

10215 Estuary Lakes DrTampa, FL 33619
Affordability
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  • Customer Reviewed
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Lector 85
Rent Specials
$1,645 - $3,128
Total Monthly Price

Total Monthly Price

Base Rent
$1,645 - $3,128
Total Monthly Price
Varies
Built in 2021Studio to 3 Bedroom Apartments Available Now

Lector 85

2409 E 2nd AveTampa, FL 33605
Affordability
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  • Customer Reviewed
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Legacy Encore
Rent Specials
$1,654 - $4,215
Total Monthly Price

Total Monthly Price

Base Rent
$1,654 - $4,215
Total Monthly Price
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Built in 2021Studio to 2 Bedroom Apartments Available Now

Legacy Encore

1251 Ray Charles BlvdTampa, FL 33602
Affordability
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  • Customer Reviewed
  • 3D Tour

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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Haley Park
Built in 20161 to 2 Bedroom Apartments

Haley Park

1510 E 130th AveTampa, FL 33612
Senior Living
  • Utilities Included
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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
  • Utilities Included
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Uptown Sky
Built in 20232 to 3 Bedroom Apartments

Uptown Sky

13635 N 12th StTampa, FL 33613

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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Tessa Springs
Rent Specials
$1,679 - $2,745
Total Monthly Price

Total Monthly Price

Base Rent
$1,679 - $2,745
Total Monthly Price
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Built in 20221 to 3 Bedroom Apartments Available Now

Tessa Springs

11810 Uptown Walker PlThonotosassa, FL 33592
Luxury
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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.

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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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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 $950.

What is the price of a cheap apartment in Tampa?

The cheapest apartment in Tampa is Garden Terrace which is listed at $899, while the average apartment in Tampa costs $4,604.

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 19,287 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 $502 which is $4,102 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.

Helpful Local Expert Guides

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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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Top Student Friendly Neighborhoods to Rent Near Colleges in Tampa

Written by: Vickie Ferguson

Hi, I'm Vickie, and welcome to Apartment Home Living. As a long-time resident of Tampa, I'm here to serve as your expert local guide in and around the city's neighborhoods that are near to local colleges and universities.

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Sun, Sand, and a Short Commute: The Renters Guide to Tampa's Best Neighborhoods

Written by: Vickie Ferguson

Hi, and welcome to ApartmentHomeLiving.com, where you'll find information about Tampa's inviting, diverse, and community-friendly neighborhoods.

Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.