13832 Orange Sunset Dr
TampaFL33618
Cheap Homes for Rent in Pennington Village Neighborhood of Tampa, FL from $1,300 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the Pennington Village area of Tampa.
13731 Juniper Blossom Dr
TampaFL33618
7410 Ardenwood St, Unit A
7410 Ardenwood St
TampaFL33625
13828 Orange Sunset Dr
TampaFL33618
13760 Orange Sunset Dr
TampaFL33618
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.
12715 Raeburn Way
TampaFL33624
13698 Orange Sunset Dr
TampaFL33618
5606 Pinnacle Heights Cir
TampaFL33624
18108 Peregrines Perch Pl
LutzFL33558
15206 W Pond Woods Dr
TampaFL33618
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.
15206 W Pond Woods Dr
TampaFL33618
13735 Juniper Blossom Dr
TampaFL33618
16586 Brigadoon Dr
TampaFL33618
13610 S Village Dr
TampaFL33618
12325 Villager Ct
TampaFL33625
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.
Showing Results 1-15, Page 1 of 1
Pennington Village, Tampa, FL Local Guide
How much does it cost to rent a home in Pennington Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pennington Village 2 Bedroom Homes for Rent | $2,129 | $1,400 | $4,500 |
| Pennington Village 3 Bedroom Homes for Rent | $2,649 | $1,950 | $4,500 |
| Pennington Village 4 Bedroom Homes for Rent | $3,539 | $2,810 | $4,500 |
| Pennington Village 5 Bedroom Homes for Rent | $4,900 | $4,900 | $4,900 |
| Pennington Village 6 Bedroom Homes for Rent | $15,000 | $10,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 15 rentals with your search options within a 3 mile radius of the Pennington Village Neighborhood of Tampa, FL.
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Pennington Village, Tampa, FL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Countrywood | Studio | Studio,1BA | $999 |
| Park at Lake Magdalene Apartments and Townhomes | Studio | Studio,1BA | $1,120 |
| Seven Lakes at Carrollwood | Lily | Studio,1BA | $1,172 |
| Palencia | Barcelona | 1BR,1BA | $1,194 |
| St. James Crossing | 1A | 1BR,1BA | $1,250 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cypress Grand | B1 | 2BR,2BA | $1.72 |
| Arbors at Carrollwood | A3 | 1BR,1BA | $1.82 |
| MAA Belmere | The Regent | 1BR,1BA | $1.94 |
| Lakes of Northdale Apartments | Manatee | 1BR,1BA | $1.99 |
| Lake Carlton Arms | BL4 Upstairs | 1BR,1BA | $1.93 |
| Seasons at Westchase | The Barcelona | 1BR,1BA | $2.02 |
| The Landings At Cypress Meadows | $1.89/sq.ft. - One Bedroom | 1BR,1BA | $1.89 |
| Sabal Palm | A1 | 1BR,1BA | $1.98 |
| Northgreen at Carrollwood | 1 | 1BR,1BA | $2.02 |
| Palencia | Barcelona | 1BR,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.
Read Article
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
Read ArticleReal 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.
Read ArticleQuick 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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Best Local Schools in Pennington Village, Tampa, FL
School data provided by Great Schools
Frequently Asked Questions about Pennington Village
What type of rentals are currently available in Pennington Village?
There are currently 37 Apartments for Rent in Pennington Village, FL with pricing that ranges from $954 to $6,231. There are also 64 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pennington Village ranging from $1,300 to $15,000.
What is the current price range for Rental Homes in Pennington Village?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Pennington Village ranges from $1,300 to $15,000 with an average monthly rent of $4,927.
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
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.
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.
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.
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.