Cheap Apartments for Rent in the Franklin Street Neighborhood of Tampa, FL from $600 (58 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
$1,507 - $2,027
Total Monthly Price

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$1,507 - $2,027

Total Monthly Price
$1,507 - $2,027
2 to 6 Bedroom Apartments Available Aug 21

Apella on Newport

311 N Newport AveTampa, FL 33606
Student Housing
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  • Customer Reviewed
  • 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
$1,561 - $4,446
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$1,561 - $4,446

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Studio to 2 Bedroom Apartments Available Now

Legacy Encore

1251 Ray Charles BlvdTampa, FL 33602
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NAVARA
Rent Specials
$1,744 - $3,214
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Total Monthly Price

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$1,744 - $3,214

Total Monthly Price
$1,744 - $3,214
Studio to 2 Bedroom Apartments Available Now

NAVARA

921 N Central AveTampa, FL 33602
Affordability
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  • Customer Reviewed
  • 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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Arabelle Riverwalk
Rent Specials
$1,873 - $9,145
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$1,873 - $9,145

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Studio to 3 Bedroom Apartments Available Now

Arabelle Riverwalk

202 S Parker StTampa, FL 33606
Luxury
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The MAV
Rent Specials
$1,996 - $4,679
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$1,996 - $4,679

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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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  • Customer Reviewed
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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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2 Bayshore
$2,175 - $5,323
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$2,175 - $5,323

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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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Nine15
Rent Specials
$2,251 - $7,093
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$2,251 - $7,093

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Studio to 2 Bedroom Apartments Available Now

Nine15

915 N Franklin StTampa, FL 33602
Affordability
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  • 3D Tour

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
  • 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
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La Union
Studio to 3 Bedroom Apartments

La Union

1720 Nick Nuccio PkyTampa, FL 33605

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

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 $1,395. 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 Bedroom / 1 Bathroom1BR,1BA$1,395
The Tempo at EncoreThe Minuet1BR,1BA$1,420
Davis Islands Apartments301 Danube1BR,1BA$1,450
Warehouse LoftsStudioStudio,1BA$1,450
Casa MartiCandidoStudio,1BA$1,507
Legacy EncoreStrengthStudio,1BA$1,561
Innovo Hyde ParkStudioStudio,1BA$1,585
La UnionA2AM - WDU1BR,1BA$1,594
SkyHouse ChannelsideThe HillsboroughStudio,1BA$1,596
Niche | Luxury ApartmentsMS1-OStudio,1BA$1,639

Best Value Apartments for Rent in Franklin Street, FL

As of April 09, 2026 the best value apartment in the Franklin Street area is the $2.40 price per square foot Deluxe Two Bedroom Model at Bell Channelside in the in the Ybor City neighborhood starting from $2,879. The second greatest value Franklin Street 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 Franklin Street apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bell ChannelsideDeluxe Two Bedroom2BR,2BA$2.40
700 S Harbour Island Blvd, Unit 234700 S Harbour Island Blvd2BR,2BA$2.79
The Slade at ChannelsideTwo Bedroom B2B2BR,2BA$2.72
AuroraLYRA2BR,2BA$2.71
315 S Delaware AveStudio, 1 bathStudio ,1BA$2.11
Davis Islands Apartments311 Como Street2BR,1BA$2.42
Orleans Apartments2 Bedroom, 1 Bath2BR,1BA$2.49
The Tempo at EncoreThe Minuet1BR,1BA$1.93
Canopy West River Phase II1 Bedroom / 1 Bathroom1BR,1BA$2.14
Warehouse LoftsLoft C1BR,1BA$2.82

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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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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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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Quick Rent Budget Calculator

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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 #49

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 the Cheapest Studio apartment in Franklin Street?

Currently the most affordable Cheap Studio Apartment in Franklin Street is at Warehouse Lofts listed at $1,450.

How much is rent for a Cheap One Bedroom Franklin Street Apartment?

The lowest price for a Cheap One Bedroom Franklin Street Apartment is $1,395 at Canopy West River Phase II.

What is the lowest price for a Cheap Two Bedroom Franklin Street Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Franklin Street is starting from $1,700 at Davis Islands Apartments.

What is the most affordable Franklin Street Three Bedroom Apartment?

The best deal on a cheap Franklin Street Three Bedroom Apartment rental is at La Union and starts from $3,058.

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

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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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.