Cheap Apartments for Rent in the Franklin Street Neighborhood of Tampa, FL from $600 (60 Rentals)

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

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Apella on Newport
$1,490 - $2,010
Total Monthly Price

Total Monthly Price

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$1,490 - $2,010

Total Monthly Price
$1,490 - $2,010
2 to 6 Bedroom Apartments Available Aug 21

Apella on Newport

311 N Newport AveTampa, FL 33606
Student Housing
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  • Utilities Included

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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Legacy Encore
Rent Specials
$1,794 - $3,089
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$1,794 - $3,089

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Studio to 2 Bedroom Apartments Available Now

Legacy Encore

1251 Ray Charles BlvdTampa, FL 33602
Affordability
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  • 3D Tour

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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NAVARA
Rent Specials
$1,983 - $2,426
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Total Monthly Price

Base Rent
$1,983 - $2,426

Total Monthly Price
$1,983 - $2,426
Studio to 1 Bedroom Apartments Available Now

NAVARA

921 N Central AveTampa, FL 33602
Affordability
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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.

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2 Bayshore
$2,170 - $5,573
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Total Monthly Price

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$2,170 - $5,573

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Studio to 3 Bedroom Apartments Available Now

2 Bayshore

101 W Beach PlTampa, FL 33606
Eco-Friendly
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property at 111 N 12th St

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

111 N 12th St, Unit 1411

111 N 12th St
TampaFL33602
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Arabelle Riverwalk
Rent Specials
$2,277 - $8,170
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$2,277 - $8,170

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Studio to 3 Bedroom Apartments Available Now

Arabelle Riverwalk

202 S Parker StTampa, FL 33606
Luxury
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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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Nine15
$2,471 - $5,434
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$2,471 - $5,434

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Studio to 2 Bedroom Apartments Available Now

Nine15

915 N Franklin StTampa, FL 33602
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The MAV
Rent Specials
$2,536 - $4,996
Total Monthly Price

Total Monthly Price

Base Rent
$2,536 - $4,996

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Studio to 2 Bedroom Apartments Available Now

The MAV

601 N 12th StTampa, FL 33602
Eco-Friendly
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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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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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Schoolhouse Flats
Studio to 3 Bedroom Apartments

Schoolhouse Flats

404 S Newport AveTampa, FL 33606

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Franklin Street, Tampa, FL Local Guide

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 Canopy West River Phase II priced from $1,299. The Tempo at Encore has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,420. Here are the most affordable Franklin Street apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
Canopy West River Phase II1 Bed 1 Bath1BR,1BA$1,299
The Tempo at EncoreThe Minuet1BR,1BA$1,420
Warehouse LoftsStudioStudio,1BA$1,450
Casa MartiArnaoStudio,1BA$1,498
Innovo Hyde ParkPalma Ceia - Studio 1 BathStudio,1BA$1,585
The Residences at 801 East Whiting StreetOri Studio - 433 sq.ft. Income RestrictedStudio,1BA$1,606
Niche | Luxury ApartmentsMS1-OStudio,1BA$1,639
Casa PedrosoLibertyStudio,1BA$1,699
7th & OakStudio-S1.120 WDUStudio,1BA$1,736
La UnionA7A1BR,1BA$1,800

Best Value Apartments for Rent in Franklin Street, FL

As of June 12, 2026 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 A11D Model at Modera Encore starting at $2,380 with a $3.12 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 ListingModel NameBed/BathPrice Per Sq.Ft.
315 S Delaware AveStudio, 1 bathStudio ,1BA$2.11
Modera EncoreA11D1BR,1BA$3.12
Pierhouse at ChannelsideAruba1BR,1BA$3.15
The Tempo at EncoreThe Minuet1BR,1BA$1.93
Bell ChannelsideOne Bedroom1BR,1BA$2.72
220 Madison Student HousingThe Bayshore: Stunning Two Bedroom Apartment w...2BR,1BA$2.11
Canopy West River Phase II1 Bed 1 Bath1BR,1BA$1.99
Warehouse LoftsLoft C1BR,1BA$2.82
Casa PedrosoLibertyStudio ,1BA$2.95
Casa SocarrasEl Cielo1BR,1BA$3.15

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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Top 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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Real 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.

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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
Franklin Street, Tampa, FL

Ranked #58

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,800.

What is the price of a cheap apartment in Franklin Street?

The cheapest apartment in Franklin Street is Canopy West River Phase II which is listed at $1,299, while the average apartment in Franklin Street costs $4,080.

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 161 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 $789 which is $3,291 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.

Helpful Local Expert Guides

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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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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.

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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

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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.

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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.

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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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.