
Cheap Apartments for Rent in the Franklin Street Neighborhood of Tampa, FL from $600 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Franklin Street area of Tampa.


111 S Newport Ave

Legacy Encore

Warehouse Lofts

The Tempo at Encore

The Trio at Encore
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.

Apella on Newport

Innovo Hyde Park

Niche

The Residences at 801 East Whiting Street

Arabelle Riverwalk

Pierhouse at Channelside
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.

Casa Pedroso

La Union

7th & Oak

MAA Harbour Island

NAVARA

Casa Socarras
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.
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.
Franklin Street, Tampa, FL Local Guide

How much does it cost to rent an apartment in Franklin Street?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Street Studio Apartments | $1,965 | $1,382 | $3,400 |
| Franklin Street 1 Bedroom Apartments | $2,470 | $1,350 | $6,517 |
| Franklin Street 2 Bedroom Apartments | $3,414 | $1,239 | $10,000+ |
| Franklin Street 3 Bedroom Apartments | $4,646 | $1,820 | $10,000+ |
| Franklin Street 4 Bedroom Apartments | $3,917 | $1,500 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 1 mile radius of the Franklin Street Neighborhood of Tampa, FL.
See all Apartments in TampaExplore Tampa
Franklin Street, Tampa, FL Local Guide
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Cheapest Available Franklin Street Apartments for Rent
 The cheapest available apartment rental in the Franklin Street area of Tampa, FL is a 1 Bed unit found at Davis Islands Apartments priced from $1,350. Legacy Encore has the second lowest priced unit, which is a Studio apartment currently listed from $1,388. Here are the most affordable Franklin Street apartments for rent in Tampa, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Davis Islands Apartments | 53 Davis Blvd | 1BR,1BA | $1,350 |
| Legacy Encore | Strength | Studio,1BA | $1,388 |
| Canopy West River Phase II | 1 Bedroom / 1 Bathroom | 1BR,1BA | $1,391 |
| Beach Flats | A4 | 1BR,1BA | $1,399 |
| Warehouse Lofts | Studio | Studio,1BA | $1,400 |
| The Tempo at Encore | The Minuet | 1BR,1BA | $1,420 |
| Innovo Hyde Park | Studio | Studio,1BA | $1,500 |
| Niche | MS1-O | Studio,1BA | $1,535 |
| The Residences at 801 East Whiting Street | Ori Expandable Studio - 399 sq.ft. | Studio,1BA | $1,676 |
| Arabelle Riverwalk | S1 | Studio,1BA | $1,680 |
Best Value Apartments for Rent in Franklin Street, FL
As of December 29, 2025 the best value apartment in the Franklin Street area is the $2.11 price per square foot Studio, 1 bath Model at 315 S Delaware Ave in the in the Historic Ybor neighborhood starting from $1,895. The second greatest value Franklin Street apartment is the One Bedroom with Den A1.5A Model at The Slade at Channelside starting at $2,599 with a $3.03 price per square foot in the Ybor City neighborhood. Here is today’s list of the best values for Franklin Street apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 315 S Delaware Ave | Studio, 1 bath | Studio ,1BA | $2.11 |
| The Slade at Channelside | One Bedroom with Den A1.5A | 1BR,1.5BA | $3.03 |
| The Tempo at Encore | The Minuet | 1BR,1BA | $1.93 |
| Modera Encore | A03 | 1BR,1BA | $2.84 |
| Bell Channelside | One Bedroom | 1BR,1BA | $2.68 |
| Canopy West River Phase II | 1 Bedroom / 1 Bathroom | 1BR,1BA | $2.13 |
| Warehouse Lofts | Loft C | 1BR,1BA | $2.86 |
| Davis Islands Apartments | 53 Davis Blvd | 1BR,1BA | $2.70 |
| Beach Flats | A4 | 1BR,1BA | $2.80 |
| Legacy Encore | Strength | Studio ,1BA | $2.81 |
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 ArticleThe 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 ArticleCash 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.
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 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 LifestyleFranklin Street, Tampa, FL
Ranked #54
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in metropolitan areas across the United States, including Tampa. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, transit availability, pet-friendly communities, multifamily communities for the kids, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Franklin Street Apartments
What is a cheap apartment in Franklin Street?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Franklin Street is under $1,680.
What is the price of a cheap apartment in Franklin Street?
The cheapest apartment in Franklin Street is Davis Islands Apartments which is listed at $1,350, while the average apartment in Franklin Street costs $3,995.
What types of apartments are the cheapest in Franklin Street?
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 51 regular apartments in Franklin Street 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 Franklin Street?
Cheap apartments in Franklin Street have an average cost of $829 which is $3,166 cheaper than the average rent for all rentals in Franklin Street.
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.
Articles, How-To's, and Tips

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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.










