Cheap Apartments for Rent in the Pennington Village Neighborhood of Tampa, FL from $900 (44 Rentals)

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

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St. James Crossing
Rent Specials
$1,250 - $2,509
Total Monthly Price

Total Monthly Price

Base Rent
$1,250 - $2,509
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

St. James Crossing

5620 Tranquility Oaks DrTampa, FL 33624
Corporate Housing
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  • Customer Reviewed
  • 3D Tour

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 16586 Brigadoon Dr

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

2 Bedroom, 2.5 Bath Townhome for Rent

Available Now

16586 Brigadoon Dr

TampaFL33618
property at 12325 Villager Ct

$1,875

Total Monthly Price

Total Monthly Price

Base Rent
$1,875
Total Monthly Price
$1,875

2 Bedroom, 2.5 Bath Townhome for Rent

Available Now

12325 Villager Ct

TampaFL33625
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Cedar Forest Apartments
1 to 3 Bedroom Apartments

Cedar Forest Apartments

12835 Cedar Forest DrTampa, FL 33625
  • Utilities Included

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 Gardens at Rose Harbor
1 to 2 Bedroom Apartments

The Gardens at Rose Harbor

11927 Rose Harbor DrTampa, FL 33625
Senior Living
  • Utilities Included
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Sabal Palm
1 to 3 Bedroom Apartments

Sabal Palm

3602 Carrollwood PlTampa, FL 33624
Corporate Housing
property at 7410 Ardenwood St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

2 Bedroom, 1 Bath Condo for Rent

Available Now

7410 Ardenwood St, Unit A

7410 Ardenwood St
TampaFL33625

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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Citrus Village
1 to 3 Bedroom Apartments

Citrus Village

7940 Citrus Garden DrTampa, FL 33625
property at 15206 W Pond Woods Dr

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700

2 Bedroom, 3 Bath Townhome for Rent

Available Now

15206 W Pond Woods Dr

TampaFL33618

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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Showing Results 1-44, Page 1 of 1

Pennington Village, Tampa, FL Local Guide

Cheapest Available Pennington Village Apartments for Rent

 

The cheapest available apartment rental in the Pennington Village area of Tampa, FL is a Studio unit found at Countrywood priced from $999. Park at Lake Magdalene Apartments and Townhomes has the second lowest priced unit, which is a Studio apartment currently listed from $1,120. Here are the most affordable Pennington Village apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
CountrywoodStudioStudio,1BA$999
Park at Lake Magdalene Apartments and TownhomesStudioStudio,1BA$1,120
Seven Lakes at CarrollwoodLilyStudio,1BA$1,172
PalenciaBarcelona1BR,1BA$1,194
St. James Crossing1A1BR,1BA$1,250
Northgreen at Carrollwood11BR,1BA$1,255
Lofton Place ApartmentsBrighton Signature1BR,1BA$1,299
Waterstone at CarrollwoodA1r1BR,1BA$1,315
Sabal PalmA11BR,1BA$1,332
The Landings At Cypress Meadows$1.89/sq.ft. - One Bedroom1BR,1BA$1,395

Best Value Apartments for Rent in Pennington Village, FL

As of May 27, 2026 the best value apartment in the Pennington Village area is the $1.72 price per square foot B1 Model at Cypress Grand in the in the Rose Harbor neighborhood starting from $1,940. The second greatest value Pennington Village apartment is the A3 Model at Arbors at Carrollwood starting at $1,535 with a $1.82 price per square foot in the Mid Village neighborhood. Here is today’s list of the best values for Pennington Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cypress GrandB12BR,2BA$1.72
Arbors at CarrollwoodA31BR,1BA$1.82
MAA BelmereThe Regent1BR,1BA$1.94
Lakes of Northdale ApartmentsManatee1BR,1BA$1.99
Lake Carlton ArmsBL4 Upstairs1BR,1BA$1.93
Seasons at WestchaseThe Barcelona1BR,1BA$2.02
The Landings At Cypress Meadows$1.89/sq.ft. - One Bedroom1BR,1BA$1.89
Sabal PalmA11BR,1BA$1.98
Northgreen at Carrollwood11BR,1BA$2.02
PalenciaBarcelona1BR,1BA$1.99

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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Pennington Village, Tampa, FL

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Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Florida and customized analysis for Tampa, Florida. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Pennington Village Apartments

What is a cheap apartment in Pennington Village?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Pennington Village is under $1,395.

What is the price of a cheap apartment in Pennington Village?

The cheapest apartment in Pennington Village is Countrywood which is listed at $1,099, while the average apartment in Pennington Village costs $2,384.

What types of apartments are the cheapest in Pennington Village?

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 5 regular apartments in Pennington Village 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 Pennington Village?

Cheap apartments in Pennington Village have an average cost of $149 which is $2,235 cheaper than the average rent for all rentals in Pennington Village.

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

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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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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.

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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.

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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.