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Cheap Apartments for Rent in the Bay Lake Neighborhood of Tampa, FL from $800 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Bay Lake area of Tampa.
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$908 - $1,947Studio to 2 Bedroom Apartments Available Now
Windwood Oaks Apartments
202 Windwood Oaks DrTampa, FL 33613
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$999 - $1,579Studio to 2 Bedroom Apartments Available Now
Countrywood
12101 N Dale Mabry HwyTampa, FL 33618
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Rent Specials
$1,125 - $2,389Studio to 2 Bedroom Apartments Available Now
Park at Lake Magdalene Apartments and Townhomes
13401 Park Lake DrTampa, FL 33618
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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Rent Specials
$1,165 - $2,991Studio to 3 Bedroom Apartments Available Now
Deerpath on the Lake
10200 N Armenia AveTampa, FL 33612
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$1,196 - $1,7441 to 2 Bedroom Apartments Available Now
Avion at Carrollwood
11500 N Dale Mabry HwyTampa, FL 33618
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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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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 | $1,097 | $908 | $1,225 |
| Bay Lake 1 Bedroom Apartments | $1,412 | $800 | $2,049 |
| Bay Lake 2 Bedroom Apartments | $1,677 | $1,349 | $2,499 |
| Bay Lake 3 Bedroom Apartments | $2,445 | $1,785 | $6,453 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Bay Lake Neighborhood of Tampa, FL.
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Bay Lake, Tampa, FL Local Guide
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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 Park at Lake Magdalene Apartments and Townhomes priced from $1,125. Deerpath on the Lake has the second lowest priced unit, which is a Studio apartment currently listed from $1,165. Here are the most affordable Bay Lake apartments for rent in Tampa, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park at Lake Magdalene Apartments and Townhomes | Studio | Studio,1BA | $1,125 |
| Deerpath on the Lake | The Juniper | Studio,1BA | $1,165 |
| Palencia | Barcelona | 1BR,1BA | $1,189 |
Best Value Apartments for Rent in Bay Lake, FL
As of December 07, 2025 the best value apartment in the Bay Lake area is the $1.43 price per square foot More Expensive 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 Cypress Elite Model at The Pointe at Carrollwood starting at $1,931 with a $1.84 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 | More Expensive | 2BR,2.5BA | $1.43 |
| The Pointe at Carrollwood | Cypress Elite | 2BR,2BA | $1.84 |
| Countrywood | 2 Bed 2 Bath | 2BR,2BA | $1.67 |
| MAA Belmere | The Regent | 1BR,1BA | $1.77 |
| Arbors at Carrollwood | A2 | 1BR,1BA | $1.81 |
| MAA Carrollwood | The Aster | 1BR,1BA | $2.02 |
| Windwood Oaks Apartments | 1x1 Marathon | 1BR,1BA | $1.95 |
| Northgreen at Carrollwood | 1 | 1BR,1BA | $2.08 |
| Palencia | Barcelona | 1BR,1BA | $1.98 |
| Curiosity Creek Apartments | 1 Bed 1 Bath | 1BR,1BA | $2.16 |
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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
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Pet Friendly LifestyleBay Lake, Tampa, FL
Ranked #309
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 Park at Lake Magdalene Apartments and Townhomes listed at $1,125.
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 $1,349 at Countrywood.
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 $1,785.
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.
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!