Cheap Apartments for Rent in the Downtown Neighborhood of Tampa, FL from $600 (61 Rentals)

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

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Legacy Encore
Rent Specials
$1,534 - $4,338
Total Monthly Price

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$1,534 - $4,338
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Studio to 2 Bedroom Apartments Available Now

Legacy Encore

1251 Ray Charles BlvdTampa, FL 33602
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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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NAVARA
Rent Specials
$1,609 - $3,201
Total Monthly Price

Total Monthly Price

Base Rent
$1,609 - $3,201
Total Monthly Price
$1,609 - $3,201
Studio to 2 Bedroom Apartments Available Now

NAVARA

921 N Central AveTampa, FL 33602
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Arabelle Riverwalk
Rent Specials
$1,783 - $9,886
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$1,783 - $9,886
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Studio to 3 Bedroom Apartments Available Now

Arabelle Riverwalk

202 S Parker StTampa, FL 33606
Luxury
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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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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Nine15
$2,171 - $7,057
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Total Monthly Price

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$2,171 - $7,057
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Studio to 2 Bedroom Apartments Available Now

Nine15

915 N Franklin StTampa, FL 33602
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2 Bayshore
$2,283 - $5,320
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$2,283 - $5,320
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Studio to 3 Bedroom Apartments Available Now

2 Bayshore

101 W Beach PlTampa, FL 33606
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The MAV
Rent Specials
$2,301 - $4,679
Total Monthly Price

Total Monthly Price

Base Rent
$2,301 - $4,679
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Studio to 2 Bedroom Apartments Available Now

The MAV

601 N 12th StTampa, FL 33602
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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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Tampa Park Apartments
1 to 3 Bedroom Apartments

Tampa Park Apartments

1417 Tampa Park PlzTampa, FL 33602
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The Eusonian
Studio to 1 Bedroom Apartments

The Eusonian

610 W Horatio StTampa, FL 33606

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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Cheapest Available Downtown Apartments for Rent

 

The cheapest available apartment rental in the Downtown area of Tampa, FL is a 1 Bed unit found at The Tempo at Encore priced from $1,420. Warehouse Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,450. Here are the most affordable Downtown apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
The Tempo at EncoreThe Minuet1BR,1BA$1,420
Warehouse LoftsStudioStudio,1BA$1,450
Innovo Hyde ParkStudioStudio,1BA$1,521
Legacy EncoreStrengthStudio,1BA$1,534
Casa OlivaCoronaStudio,1BA$1,599
Casa MartiCandidoStudio,1BA$1,607
Anchor RiverwalkS1Studio,1BA$1,655
La UnionA2AStudio,1BA$1,674
Davis Islands Apartments312 Danube Ave1BR,1BA$1,695
Casa PedrosoLibertyStudio,1BA$1,699

Best Value Apartments for Rent in Downtown, FL

As of April 27, 2026 the best value apartment in the Downtown area is the $2.25 price per square foot Deluxe Two Bedroom Model at Bell Channelside in the in the Ybor City neighborhood starting from $2,700. The second greatest value Downtown apartment is the 700 S Harbour Island Blvd Model at 700 S Harbour Island Blvd, Unit 234 starting at $3,300 with a $2.79 price per square foot in the Historic Ybor neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bell ChannelsideDeluxe Two Bedroom2BR,2BA$2.25
700 S Harbour Island Blvd, Unit 234700 S Harbour Island Blvd2BR,2BA$2.79
The Slade at ChannelsideTwo Bedroom B2B2BR,2BA$2.57
Channel Club1 Bedroom 1 Bath 858 sqft (Y)1BR,1BA$3.10
Davis Islands Apartments311 Como Street2BR,1BA$2.42
Modera EncoreA11D1BR,1BA$2.88
The Tempo at EncoreThe Minuet1BR,1BA$1.93
Warehouse LoftsLoft C1BR,1BA$2.82
Casa PedrosoSovereign1BR,1BA$3.04
Legacy EncoreStrengthStudio ,1BA$3.12

Frequently Asked Questions about Cheap Downtown Apartments

What is a cheap apartment in Downtown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown is under $1,699.

What is the price of a cheap apartment in Downtown?

The cheapest apartment in Downtown is The Tempo at Encore which is listed at $1,420, while the average apartment in Downtown costs $4,267.

What types of apartments are the cheapest in Downtown?

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 26 regular apartments in Downtown 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 Downtown?

Cheap apartments in Downtown have an average cost of $1,174 which is $3,093 cheaper than the average rent for all rentals in Downtown.

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.

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