
Cheap Apartments for Rent in the Bay Lake Neighborhood of Tampa, FL from $800 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Bay Lake area of Tampa.


Deerpath on the Lake

Park at Lake Magdalene Apartments and Townhomes

Windwood Oaks Apartments

Seven Lakes at Carrollwood

Palencia
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.

Lofton Place Apartments

Total Monthly Price
St. James Crossing

Avion at Carrollwood

Waterstone at Carrollwood

Total Monthly Price
Arbors at Carrollwood

MAA Belmere
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.

13831 Orange Sunset Dr, Unit 101

13831 Orange Sunset Dr, Unit 101

Courtyard Suites and Apartments

Curiosity Creek Apartments

2110 Seaman Rd

13686 Orange Sunset Dr
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.

The Park at Palermo Apartments

13725 Juniper Blossom Dr

13731 Juniper Blossom Dr

13761 Juniper Blossom Dr

Parkview Apartments

Northgreen at Carrollwood
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.

13760 Orange Sunset Dr
Bay Lake, Tampa, FL Local Guide

How much does it cost to rent an apartment in Bay Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bay Lake Studio Apartments | $1,157 | $899 | $1,327 |
| Bay Lake 1 Bedroom Apartments | $1,411 | $999 | $2,164 |
| Bay Lake 2 Bedroom Apartments | $1,706 | $1,349 | $2,425 |
| Bay Lake 3 Bedroom Apartments | $2,254 | $1,650 | $5,649 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Bay Lake Neighborhood of Tampa, FL.
See all Apartments in TampaExplore Tampa
Bay Lake, Tampa, FL Local Guide
- Nearby Tampa neighborhoods
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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 Deerpath on the Lake priced from $1,040. Park at Lake Magdalene Apartments and Townhomes has the second lowest priced unit, which is a Studio apartment currently listed from $1,060. Here are the most affordable Bay Lake apartments for rent in Tampa, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Deerpath on the Lake | The Juniper | Studio,1BA | $1,040 |
| Park at Lake Magdalene Apartments and Townhomes | Studio | Studio,1BA | $1,060 |
| Seven Lakes at Carrollwood | Lily | Studio,1BA | $1,172 |
| Palencia | Barcelona | 1BR,1BA | $1,189 |
| Curiosity Creek Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,199 |
Best Value Apartments for Rent in Bay Lake, FL
As of June 17, 2026 the best value apartment in the Bay Lake area is the $1.43 price per square foot Townhouse St Andrews Model at Saint Andrews Square Townhomes in the in the West Tampa neighborhood starting from $1,645. The second greatest value Bay Lake apartment is the A3 Model at Arbors at Carrollwood starting at $1,494 with a $1.77 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Saint Andrews Square Townhomes | Townhouse St Andrews | 2BR,2.5BA | $1.43 |
| Arbors at Carrollwood | A3 | 1BR,1BA | $1.77 |
| MAA Belmere | The Regent | 1BR,1BA | $1.94 |
| Lofton Place Apartments | Ashbury Premium | 1BR,1BA | $1.92 |
| Avion at Carrollwood | A2 | 1BR,1BA | $2.06 |
| Windwood Oaks Apartments | 1x1 Marathon | 1BR,1BA | $1.91 |
| The Park at Palermo Apartments | 1A | 1BR,1BA | $2.17 |
| Palencia | Barcelona | 1BR,1BA | $1.98 |
| Curiosity Creek Apartments | 1 Bed 1 Bath | 1BR,1BA | $2.08 |
| Deerpath on the Lake | The Juniper | Studio ,1BA | $2.08 |
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.
Read ArticleTop 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
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleBay Lake, Tampa, FL
Ranked #315
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Bay Lake Apartments
What is the Cheapest Studio apartment in Bay Lake?
Currently the most affordable Cheap Studio Apartment in Bay Lake is at Deerpath on the Lake listed at $1,040.
How much is rent for a Cheap One Bedroom Bay Lake Apartment?
The lowest price for a Cheap One Bedroom Bay Lake Apartment is $1,189 at Palencia.
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 $1,339 at Palencia.
What is the most affordable Bay Lake Three Bedroom Apartment?
The best deal on a cheap Bay Lake Three Bedroom Apartment rental is at Deerpath on the Lake and starts from $1,650.
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

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.

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.

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

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.

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.