Cheap Apartments for Rent in the Pelican Island Neighborhood of Tampa, FL from $900 (92 Rentals)

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

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 4610 W Gray St

4610 W Gray St

TampaFL33609

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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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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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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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.

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Pelican Island, Tampa, FL Local Guide

Cheapest Available Pelican Island Apartments for Rent

 

The cheapest available apartment rental in the Pelican Island area of Tampa, FL is a 1 Bed unit found at Captiva Club Apartments priced from $1,210. BAYVUE has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,240. Here are the most affordable Pelican Island apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
Captiva Club ApartmentsCalusa1BR,1BA$1,210
BAYVUEA21BR,1BA$1,240
Hanley PlaceA11BR,1BA$1,240
Vantage on Hillsborough ApartmentsBali1BR,1BA$1,290
Tampa Woods1 BED / 1 BATH1BR,1BA$1,321
Atwater WestchaseStudio RenoStudio,1BA$1,330
The Park at Lake ComoA21BR,1BA$1,339
Audubon VillageAscot1BR,1BA$1,380

Best Value Apartments for Rent in Pelican Island, FL

As of October 21, 2025 the best value apartment in the Pelican Island area is the $1.68 price per square foot Waterstone Model at Waterview at Rocky Point Apartments in the in the Pelican Island neighborhood starting from $1,979. The second greatest value Pelican Island apartment is the Two Bedroom Model at Rocky Creek Apartments starting at $1,916 with a $1.80 price per square foot in the Pelican Island neighborhood. Here is today’s list of the best values for Pelican Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Waterview at Rocky Point ApartmentsWaterstone3BR,2BA$1.68
Rocky Creek ApartmentsTwo Bedroom2BR,2BA$1.80
Tampa Woods1 BED / 1 BATH1BR,1BA$1.30
4345 Bayside Village Dr, Unit unit 3014345 Bayside Village Dr1BR,1BA$1.87
Irving Place North Rocky PointA21BR,1BA$2.10
5 West ApartmentsA2- iConnect Renovated1BR,1BA$2.14
Westhaven Residence1 bed 1 bath1BR,1BA$2.13
Hanley PlaceA11BR,1BA$1.74
The Park at Lake ComoA21BR,1BA$2.00
Captiva Club ApartmentsRoyal1BR,1BA$2.03

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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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
Pelican Island, Tampa, FL

Ranked #52

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 brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities and towns across the United States including Pelican Island, Tampa, and the greater Tampa area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Pelican Island Apartments

What is a cheap apartment in Pelican Island?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Pelican Island is under $1,380.

What is the price of a cheap apartment in Pelican Island?

The cheapest apartment in Pelican Island is Captiva Club Apartments which is listed at $1,210, while the average apartment in Pelican Island costs $2,897.

What types of apartments are the cheapest in Pelican Island?

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 9 regular apartments in Pelican Island 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 Pelican Island?

Cheap apartments in Pelican Island have an average cost of $180 which is $2,717 cheaper than the average rent for all rentals in Pelican Island.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.