Cheap Homes for Rent in Tampa, FL from $700 (240 Rentals)

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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.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Tampa's Best Affordable Neighborhoods

Learn about Tampa and the best places to live with original content written by our Tampa, FL Local Expert Vickie Ferguson

Tampa, FL Local Guide

Cheapest Neighborhoods for Apartments in Tampa, FL

Pricing Updated: 06/02/2025

Current apartment rentals in the Tampa, FL area range in price from $640 to $50,000 with an overall median price of $6,403. The three Tampa neighborhoods with the lowest median rent pricing are Hillsborough Galleria at $1,425, Tampa International Airport at $1,500, and Wachovia Bank at New Tampa at $1,225. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Tampa Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Hillsborough Galleria$1,425$1,4251
Tampa International Airport$1,500$1,5001
Wachovia Bank at New Tampa$1,650$1,2256
South Highpoint$1,822$9008
East Lake East of Rt 611$1,875$1,6502
Sabal Park$1,995$1,7956
Florence Villa$2,050$1,3756
Grant Park$2,050$1,8004
Uceta$2,050$1,3755
East Lake$2,100$1,10040

Cheapest Available Tampa Apartments for Rent

 

The cheapest available apartment rental in Tampa, FL is a Studio unit found at Copeland Village in the University Square neighborhood priced from $837. Garden Terrace in the East Tampa neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $838. Here is today’s list of the most affordable Tampa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Copeland VillageStudioStudio,1BA$837
Garden TerraceStudio ApartmentStudio,1BA$838
42N3x3 A3BR,3BA$930
Shadow Pines2BR/2.0BA2BR,2BA$940
Rocky Creek Village Senior LivingStudioStudio,1BA$950
Regency Square ApartmentsSTUDStudio,1BA$975
New Life Village3 Beds, 2.5 baths3BR,2BA$984
Mobley ParkElm1BR,1BA$991
Palms at Sand LakeA11BR,1BA$993

Best Value Apartments for Rent in Tampa, FL

As of June 02, 2025 the best value apartment in the Tampa area is the $1.03 price per square foot 3 Beds, 2.5 baths Model at New Life Village in the in the Eucalyptus Park neighborhood starting from $1,490. The second greatest value Tampa apartment is the 3x3 A Model at 42N starting at $930 with a $0.80 price per square foot in the University Square neighborhood. Here is today’s list of the best values for Tampa apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
New Life Village3 Beds, 2.5 baths3BR,2.5BA$1.03
42N3x3 A3BR,3BA$0.80
Reflections3/3U w/ Quartz Leased By The Room3BR,3BA$0.76
Del Rio Apartment Homes2 Bedroom/1.5 Bath2BR,1.5BA$1.13
Brandywine Apartments2x22BR,2BA$1.32
Spanish Trace2x22BR,2BA$1.29
Autumn Place Apartments2 Bed 2 Bath2BR,2BA$1.31
Union on FletcherB12BR,2BA$1.30
Lark on 42nd2 Bedroom, 2 Bath2BR,2BA$1.09
1523 w hiawatha st, Unit Studio1523 w hiawatha st1BR,1BA$1.20

Quick 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.

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Tampa, FL Area Reviews

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Frequently Asked Questions about Tampa

What type of rentals are currently available in Tampa?

There are currently 2008 Apartments for Rent in Tampa, FL with pricing that ranges from $499 to $17,170. There are also 1769 Single Family Homes for rent, Condos, and Townhome rentals currently available in Tampa ranging from $710 to $36,000.

What is the current price range for Rental Homes in Tampa?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Tampa ranges from $710 to $36,000 with an average monthly rent of $4,250.

How much are larger Three and Four Bedroom Rentals in Tampa?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Tampa range from $699 to $17,170, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,249 to $18,500. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $499.

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.

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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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.