Cheap Homes for Rent in Pennington Village Neighborhood of Tampa, FL from $1,300 (32 Rentals)

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Search the lowest-cost Homes available for rent right now in the Pennington Village 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 12718 Country Brook Ln

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750
Total Monthly Price
$1,750

2 Bedroom, 2.5 Bath Townhome for Rent

Available Now

12718 Country Brook Ln

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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property at 16513 Lake Brigadoon Cir

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795
Total Monthly Price
$1,795

2 Bedroom, 3 Bath Townhome for Rent

Available Now

16513 Lake Brigadoon Cir

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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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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Showing Results 1-32, 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 $899. Park at Lake Magdalene Apartments and Townhomes has the second lowest priced unit, which is a Studio apartment currently listed from $1,135. Here are the most affordable Pennington Village apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
CountrywoodStudioStudio,1BA$899
Park at Lake Magdalene Apartments and TownhomesStudioStudio,1BA$1,135
Northgreen at Carrollwood11BR,1BA$1,140
Avion at CarrollwoodA11BR,1BA$1,275
PalenciaBarcelona1BR,1BA$1,289
St. James Crossing1B Renovation 31BR,1BA$1,290
Seven Lakes at CarrollwoodWhite Orchid1BR,1BA$1,299
Waterstone at CarrollwoodA1r1BR,1BA$1,325
The Pointe at CarrollwoodAspen Premium1BR,1BA$1,331
Sole at Citrus ParkBartow - Classic1BR,1BA$1,409

Best Value Apartments for Rent in Pennington Village, FL

As of February 25, 2026 the best value apartment in the Pennington Village area is the $1.31 price per square foot 2 BR Townhome (1-2 Bath) Model at Lake Carlton Arms in the in the Cypress Meadows neighborhood starting from $1,674. The second greatest value Pennington Village apartment is the $1.69/sq.ft. - Three Bedroom Model at The Landings At Cypress Meadows starting at $2,025 with a $1.69 price per square foot in the Cypress Meadows 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.
Lake Carlton Arms2 BR Townhome (1-2 Bath)2BR,1.5BA$1.31
The Landings At Cypress Meadows$1.69/sq.ft. - Three Bedroom3BR,2BA$1.69
Cypress GrandB12BR,2BA$1.69
13692 Orange Sunset Dr, Unit 10213692 Orange Sunset Dr2BR,1BA$2.00
MAA BelmereThe Regent1BR,1BA$1.87
MAA CarrollwoodThe Aster1BR,1BA$2.02
Citrus VillageA31BR,1BA$2.00
Northgreen at Carrollwood1A1BR,1BA$1.91
Sabal PalmA11BR,1BA$2.11
CountrywoodStudioStudio ,1BA$2.00

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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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 38 Apartments for Rent in Pennington Village, FL with pricing that ranges from $899 to $5,428. There are also 108 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 $4,756.

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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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.