Cheap Apartments for Rent in the Independence Square Neighborhood of Tampa, FL from $700 (88 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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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.

property at 119 W 26th Ave

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

1 Bedroom, 1 Bath Home for Rent

Available Now

119 W 26th Ave

TampaFL33603

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.

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 Riverside Palms priced from $899. Garden Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $974. Here are the most affordable Independence Square apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
Riverside PalmsSierra1BR,1BA$899
Garden TerraceOne Bedroom One Bath Apartment1BR,1BA$974
Azula NorthA11BR,1BA$999
Crown Pointe Apartments1/11BR,1BA$1,100
The River Pointe Apartments1x1 - A11BR,1BA$1,100
Mirela North2 Bedrooms 1 Bath2BR,1BA$1,199
Del Rio Apartment Homes2 Bedroom/1 Bath2BR,1BA$1,250
Silver OaksSage2BR,1BA$1,261

Best Value Apartments for Rent in Independence Square, FL

As of April 12, 2026 the best value apartment in the Independence Square area is the $1.41 price per square foot The Craftsman Model at The Canopy Townhomes in the in the East Tampa neighborhood starting from $2,459. The second greatest value Independence Square apartment is the 2x2 Model at Brandywine Apartments starting at $1,286 with a $1.32 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 Canopy TownhomesThe Craftsman3BR,2.5BA$1.41
Brandywine Apartments2x22BR,2BA$1.32
Mirela North2 Bedrooms 1 Bath2BR,1BA$1.25
Meridian Pointe Apartments2x22BR,2BA$1.36
Temple Crest TownhomesCrest2BR,1.5BA$1.54
Del Rio Apartment Homes2 Bedroom/1 Bath2BR,1BA$1.53
The Arbor Walk Apartments1 Bed 1 Bath - A11BR,1BA$1.80
Crown Pointe Apartments1/1-PL1BR,1BA$1.81
Azula NorthA21BR,1BA$1.67
Garden TerraceOne Bedroom One Bath Apartment1BR,1BA$1.69

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

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 #214

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,261.

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

The cheapest apartment in Independence Square is Riverside Palms which is listed at $899, while the average apartment in Independence Square costs $5,939.

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 35 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 $401 which is $5,538 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.

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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.