Cheap Apartments for Rent in the Independence Square Neighborhood of Tampa, FL from $700 (79 Rentals)

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

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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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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property at 1515 E 31st Ave

$1,250 - $1,550

Studio To 2 Bedroom Rentals

Available Now

1515 E 31st Ave

TampaFL33610

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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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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property at 7193 E Bank Dr

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050

1 Bedroom, 1 Bath Condo for Rent

Available Now

7193 E Bank Dr, Unit 106

7193 E Bank Dr
TampaFL33617

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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Independence Square, Tampa, FL Local Guide

Cheapest Available Independence Square Apartments for Rent

 

The cheapest available apartment rental in the Independence Square area of Tampa, FL is a 1 Bed unit found at Garden Terrace priced from $969. Riverside Palms has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here are the most affordable Independence Square apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
Garden TerraceOne Bedroom One Bath Apartment1BR,1BA$969
Riverside PalmsKonaStudio,1BA$1,000
Crown Pointe Apartments1/11BR,1BA$1,100
Grande Oaks2 Bed 2 Bath2BR,2BA$1,149
Mirela North1 Bedroom 1 Bath1BR,1BA$1,149
Silver OaksSage2BR,1BA$1,261
The River Pointe Apartments1x1 - A21BR,1BA$1,300
The Arbor Walk Apartments1 Bed 1 Bath - A11BR,1BA$1,300
Del Rio Apartment Homes2 Bedroom/1 Bath2BR,1BA$1,325

Best Value Apartments for Rent in Independence Square, FL

As of May 27, 2026 the best value apartment in the Independence Square area is the $1.79 price per square foot 2 Bed 2.5 Bathroom - B1 Model at The Arbor Walk Apartments in the in the East Tampa neighborhood starting from $1,833. The second greatest value Independence Square apartment is the 2x2 Model at Brandywine Apartments starting at $1,408 with a $1.45 price per square foot in the East Tampa neighborhood. Here is today’s list of the best values for Independence Square apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Arbor Walk Apartments2 Bed 2.5 Bathroom - B12BR,2.5BA$1.79
Brandywine Apartments2x22BR,2BA$1.45
Grande Oaks2 Bed 2 Bath2BR,2BA$1.22
Temple Crest TownhomesCrest2BR,1.5BA$1.54
218 W Indiana Ave, Unit 218 W Indiana218 W Indiana Ave1BR,1BA$1.66
Del Rio Apartment Homes2 Bedroom/1 Bath2BR,1BA$1.63
8605 N Alaska St, Unit 8605 North Alaska Apt A8605 N Alaska St2BR,1BA$1.80
Crown Pointe Apartments1/1-PL1BR,1BA$1.81
Mirela North1 Bedroom 1 Bath1BR,1BA$1.67
Garden TerraceOne Bedroom One Bath Apartment1BR,1BA$1.68

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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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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Pet Friendly Lifestyle
Independence Square, Tampa, FL

Ranked #151

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Independence Square, Tampa, FL

School data provided by Great Schools

Frequently Asked Questions about Cheap Independence Square Apartments

What is a cheap apartment in Independence Square?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Independence Square is under $1,325.

What is the price of a cheap apartment in Independence Square?

The cheapest apartment in Independence Square is Garden Terrace which is listed at $969, while the average apartment in Independence Square costs $7,111.

What types of apartments are the cheapest in Independence Square?

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 34 regular apartments in Independence Square 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 Independence Square?

Cheap apartments in Independence Square have an average cost of $461 which is $6,650 cheaper than the average rent for all rentals in Independence Square.

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.