Cheap Apartments for Rent in the Bay Lake Neighborhood of Tampa, FL from $1,000 (10 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Bay Lake area of Tampa.

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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Bay Lake, Tampa, FL Local Guide

Cheapest Available Bay Lake Apartments for Rent

 

The cheapest available apartment rental in the Bay Lake area of Tampa, FL is a Studio unit found at Countrywood priced from $1,050. Park at Lake Magdalene Apartments and Townhomes has the second lowest priced unit, which is a Studio apartment currently listed from $1,210. Here are the most affordable Bay Lake apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
CountrywoodStudioStudio,1BA$1,050
Park at Lake Magdalene Apartments and TownhomesStudioStudio,1BA$1,210
Belara LakesCrane1BR,1BA$1,212

Best Value Apartments for Rent in Bay Lake, FL

As of May 24, 2025 the best value apartment in the Bay Lake area is the $1.59 price per square foot The Elite Model at MAA Belmere in the in the Mid Village neighborhood starting from $1,783. The second greatest value Bay Lake apartment is the The Eucalyptus Model at MAA Carrollwood starting at $1,878 with a $1.81 price per square foot in the Mid Village neighborhood. Here is today’s list of the best values for Bay Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
MAA BelmereThe Elite2BR,2BA$1.59
MAA CarrollwoodThe Eucalyptus2BR,2BA$1.81
Belara LakesCrane1BR,1BA$1.58
Waterstone at CarrollwoodA2r1BR,1BA$2.08
Deerpath on the LakeThe Gardenia1BR,1BA$2.00
Sabal PalmA11BR,1BA$1.81
Lofton Place ApartmentsAshbury Fully Renovated 231BR,1BA$2.21
Seven Lakes at CarrollwoodOrchid1BR,1BA$2.23
Avion at CarrollwoodA11BR,1BA$2.40
CountrywoodStudioStudio ,1BA$2.33

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Bay Lake, Tampa, FL

Ranked #359

Among neighborhoods in Tampa, FL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Bay Lake Apartments

How much is rent for a Cheap One Bedroom Bay Lake Apartment?

The lowest price for a Cheap One Bedroom Bay Lake Apartment is $1,149 at Countrywood.

What is the lowest price for a Cheap Two Bedroom Bay Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Bay Lake is starting from $1,281 at Belara Lakes.

What is the most affordable Bay Lake Three Bedroom Apartment?

The best deal on a cheap Bay Lake Three Bedroom Apartment rental is at Belara Lakes and starts from $1,606.

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.

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

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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.