Cheap Apartments for Rent in the Downtown Neighborhood of Tampa, FL from $600 (30 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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Tampa Park Apartments
1 to 3 Bedroom Apartments

Tampa Park Apartments

1417 Tampa Park PlzTampa, FL 33602
  • Utilities Included
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Vista 400
Studio to 1 Bedroom Apartments

Vista 400

400 E Harrison StTampa, FL 33602
Senior Living
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Ella at Encore
1 to 2 Bedroom Apartments

Ella at Encore

1210 E Ray Charles AveTampa, FL 33602
Senior Living
  • Utilities Included
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Mobley Park
1 to 3 Bedroom Apartments

Mobley Park

401 E 7th AveTampa, FL 33602
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The Eusonian
Studio to 1 Bedroom Apartments

The Eusonian

610 W Horatio StTampa, FL 33606
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Beach Flats
Studio to 3 Bedroom Apartments

Beach Flats

211 W Beach PlTampa, FL 33606
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NuMi Living
Studio Apartments

NuMi Living

830 W Kennedy BlvdTampa, FL 33606
  • Utilities Included
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Addison Flats
1 to 2 Bedroom Apartments

Addison Flats

801 W Azeele StTampa, FL 33606
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Showing Results 1-30, Page 1 of 1

Downtown, Tampa, FL Local Guide

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 Miles at Ybor priced from $1,025. Davis Islands Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. Here are the most affordable Downtown apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
Miles at YborThe Murphy Co-Living Suite1BR,1BA$1,025
Davis Islands Apartments53 Davis Blvd1BR,1BA$1,350
Beach FlatsA41BR,1BA$1,399
Warehouse LoftsStudioStudio,1BA$1,400
Legacy EncoreStrengthStudio,1BA$1,498
Innovo Hyde ParkStudioStudio,1BA$1,585
Casa OlivaMaduro1BR,1BA$1,649
The Residences at 801 East Whiting StreetOri Expandable Studio - 399 sq.ft.Studio,1BA$1,676
NAVARAE1Studio,1BA$1,684
Arabelle RiverwalkS1Studio,1BA$1,688

Best Value Apartments for Rent in Downtown, FL

As of November 14, 2025 the best value apartment in the Downtown area is the $2.75 price per square foot LYRA Model at Aurora in the in the Historic Ybor neighborhood starting from $2,740. The second greatest value Downtown apartment is the A1.2 Model at Arabelle Riverwalk starting at $2,685 with a $3.12 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.
AuroraLYRA2BR,2BA$2.75
Arabelle RiverwalkA1.21BR,1BA$3.12
The Slade at ChannelsideOne Bedroom with Den A1B1BR,1BA$2.76
The Pearl1C-11BR,1BA$3.27
Bell ChannelsideOne Bedroom1BR,1BA$2.60
Casa MartiFigueredo - Balcony1BR,1BA$3.22
Warehouse LoftsLoft C1BR,1BA$2.82
Davis Islands Apartments53 Davis Blvd1BR,1BA$2.70
Beach FlatsA41BR,1BA$2.80
Legacy EncoreStrengthStudio ,1BA$3.05

Quick 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.

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Pet Friendly Lifestyle
Downtown, Tampa, FL

Ranked #47

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,688.

What is the price of a cheap apartment in Downtown?

The cheapest apartment in Downtown is Miles at Ybor which is listed at $1,025, while the average apartment in Downtown costs $4,013.

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 77 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 $781 which is $3,232 cheaper than the average rent for all rentals in Downtown.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.