
Cheap Apartments for Rent in the Franklin Street Neighborhood of Tampa, FL from $600 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Franklin Street area of Tampa.


111 S Newport Ave

The Tempo at Encore

Warehouse Lofts

Apella on Newport

The Trio at Encore
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Legacy Encore

Niche

Innovo Hyde Park

301 E Palm Ave

NAVARA

The Residences at 801 East Whiting Street
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Channel Club

Arabelle Riverwalk

La Union

7th & Oak

Modera Encore

SkyHouse Channelside

Pierhouse at Channelside
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1000 W Horatio St
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 | $1,953 | $1,450 | $3,255 |
| Franklin Street 1 Bedroom Apartments | $2,478 | $1,350 | $4,315 |
| Franklin Street 2 Bedroom Apartments | $3,430 | $1,239 | $10,000+ |
| Franklin Street 3 Bedroom Apartments | $4,172 | $1,755 | $10,000+ |
| Franklin Street 4 Bedroom Apartments | $2,792 | $1,500 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 31 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. Canopy West River Phase II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,391. 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 |
| 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 | $1,450 |
| Apella on Newport | 6BR/6BA - F2 | 6BR,6BA | $1,470 |
| Legacy Encore | Strength | Studio,1BA | $1,498 |
| Niche | MS1-O | Studio,1BA | $1,535 |
| Innovo Hyde Park | Studio | Studio,1BA | $1,585 |
| NAVARA | E1 | Studio,1BA | $1,653 |
| The Residences at 801 East Whiting Street | Ori Expandable Studio - 399 sq.ft. | Studio,1BA | $1,676 |
Best Value Apartments for Rent in Franklin Street, FL
As of November 10, 2025 the best value apartment in the Franklin Street 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 Franklin Street apartment is the Studio, 1 bath Model at 315 S Delaware Ave starting at $1,895 with a $2.11 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Aurora | LYRA | 2BR,2BA | $2.75 |
| 315 S Delaware Ave | Studio, 1 bath | Studio ,1BA | $2.11 |
| Apella on Newport | 2BR/2BA - B1 | 2BR,2BA | $2.37 |
| The Slade at Channelside | One Bedroom with Den A1B | 1BR,1BA | $2.83 |
| Bell Channelside | One Bedroom | 1BR,1BA | $2.63 |
| Canopy West River Phase II | 1 Bedroom / 1 Bathroom | 1BR,1BA | $2.13 |
| Warehouse Lofts | Studio | Studio ,1BA | $2.42 |
| Arabelle Riverwalk | S1 | Studio ,1BA | $3.00 |
| Davis Islands Apartments | 53 Davis Blvd | 1BR,1BA | $2.70 |
| Beach Flats | A4 | 1BR,1BA | $2.80 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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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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 #47
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 $1,676.
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 $4,006.
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 58 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 $804 which is $3,202 cheaper than the average rent for all rentals in Franklin Street.
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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.










