
Cheap Apartments for Rent in the Franklin Street Neighborhood of Tampa, FL from $600 (60 Rentals)
Search the lowest-cost Apartments available for rent right now in the Franklin Street area of Tampa.


Davis Islands Apartments

The Tempo at Encore

Warehouse Lofts

Niche | Luxury Apartments

Total Monthly Price
Apella on Newport

Casa Marti

The Trio at Encore

Innovo Hyde Park

The Residences at 801 East Whiting Street
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.

Casa Pedroso

7th & Oak

SkyHouse Channelside

Total Monthly Price
Legacy Encore

Casa Socarras

La Union

The Stevedore

315 S Delaware Ave

The Slade at Channelside

Bell Channelside
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.

310 S Orleans Ave, Unit 310A

101 N Meridian

Total Monthly Price
NAVARA

Manor Riverside

1000 W Horatio St, Unit 126

Inscription Channel District

MAA Harbour Island

Modera Encore

Element

Asher
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.

Total Monthly Price
2 Bayshore

111 N 12th St, Unit 1411

1208 E Kennedy Blvd

Total Monthly Price
Pierhouse at Channelside

AVE Tampa Riverwalk

The Pearl

Aurora

Total Monthly Price
Arabelle Riverwalk

AER APARTMENTS

Channel Club
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.

Total Monthly Price
Nine15

The Fitzgerald

326 Plant

Cora

Total Monthly Price
The MAV

501 S Magnolia Ave

Tampa Park Apartments

The Eusonian

Beach Flats

Schoolhouse Flats
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

How much does it cost to rent an apartment in Franklin Street?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Street Studio Apartments | $2,079 | $1,450 | $4,559 |
| Franklin Street 1 Bedroom Apartments | $2,375 | $1,299 | $4,166 |
| Franklin Street 2 Bedroom Apartments | $3,375 | $1,239 | $7,995 |
| Franklin Street 3 Bedroom Apartments | $4,162 | $1,830 | $6,984 |
| Franklin Street 4 Bedroom Apartments | $1,952 | $1,500 | $4,041 |
Browse Apartments in this Neighborhood
There are currently 60 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
- Nearby Tampa neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Canopy West River Phase II | 1 Bed 1 Bath | 1BR,1BA | $1,299 |
| The Tempo at Encore | The Minuet | 1BR,1BA | $1,420 |
| Warehouse Lofts | Studio | Studio,1BA | $1,450 |
| Casa Marti | Arnao | Studio,1BA | $1,498 |
| Innovo Hyde Park | Palma Ceia - Studio 1 Bath | Studio,1BA | $1,585 |
| The Residences at 801 East Whiting Street | Ori Studio - 433 sq.ft. Income Restricted | Studio,1BA | $1,606 |
| Niche | Luxury Apartments | MS1-O | Studio,1BA | $1,639 |
| Casa Pedroso | Liberty | Studio,1BA | $1,699 |
| 7th & Oak | Studio-S1.120 WDU | Studio,1BA | $1,736 |
| La Union | A7A | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 315 S Delaware Ave | Studio, 1 bath | Studio ,1BA | $2.11 |
| Modera Encore | A11D | 1BR,1BA | $3.12 |
| Pierhouse at Channelside | Aruba | 1BR,1BA | $3.15 |
| The Tempo at Encore | The Minuet | 1BR,1BA | $1.93 |
| Bell Channelside | One Bedroom | 1BR,1BA | $2.72 |
| 220 Madison Student Housing | The Bayshore: Stunning Two Bedroom Apartment w... | 2BR,1BA | $2.11 |
| Canopy West River Phase II | 1 Bed 1 Bath | 1BR,1BA | $1.99 |
| Warehouse Lofts | Loft C | 1BR,1BA | $2.82 |
| Casa Pedroso | Liberty | Studio ,1BA | $2.95 |
| Casa Socarras | El Cielo | 1BR,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.
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 ArticleReal 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.
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 #58
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 $1,800.
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

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.

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.

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

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.

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.

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.

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.