Cheap Apartments for Rent in the South Florida Terraces Neighborhood of Tampa, FL from $500 (42 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Florida Terraces 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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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 4022 Tumble Wood Trl

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

2 Bedroom, 2 Bath Condo for Rent

Available Now

4022 Tumble Wood Trl, Unit 103

4022 Tumble Wood Trl
TampaFL33613

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 Dawson
1 to 3 Bedroom Apartments

The Dawson

15501 Bruce B Downs BlvdTampa, FL 33647
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Oak Ramble
1 to 2 Bedroom Apartments

Oak Ramble

14627 Grenadine DrTampa, FL 33613
Student Housing

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 14414 Reuter Strasse Cir

$1,540

Total Monthly Price

Total Monthly Price

Base Rent
$1,540
Total Monthly Price
$1,540

2 Bedroom, 2 Bath Condo for Rent

Available Now

14414 Reuter Strasse Cir, Unit 212

14414 Reuter Strasse Cir
TampaFL33613

Tampa Has It All: The Ultimate Insider's Guide to Things to Do in Tampa

From Busch Gardens to Ybor City, Tampa has something for everyone. Our local expert breaks down the best things to do across every region of the city — parks, dining, nightlife, and more.

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property at 14468 Reuter Strasse Cir

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

2 Bedroom, 2 Bath Condo for Rent

Available Now

14468 Reuter Strasse Cir, Unit 508

14468 Reuter Strasse Cir
TampaFL33613
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Sage at Cypress Cay
Rent Specials
$1,560 - $5,219
Total Monthly Price

Total Monthly Price

Base Rent
$1,560 - $5,219
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Sage at Cypress Cay

14976 Osprey Nest LoopLutz, FL 33559
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Showing Results 1-42, Page 1 of 1

South Florida Terraces, Tampa, FL Local Guide

Cheapest Available South Florida Terraces Apartments for Rent

 

The cheapest available apartment rental in the South Florida Terraces area of Tampa, FL is a 1 Bed unit found at Willow Brooke Apartments priced from $1,005. The Bahia Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here are the most affordable South Florida Terraces apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
Willow Brooke ApartmentsClassic 1BD/1BTH1BR,1BA$1,005
The Bahia ApartmentsThe InletStudio,1BA$1,050
Cove Commons5BR/5.5BA - Durango - Platinum5BR,5BA$1,100
Ascott Place ApartmentsImperial2BR,1BA$1,178
Greenwich Commons Apartment HomesBeresford1BR,1BA$1,199
Cambridge WoodsPlan A1C1BR,1BA$1,270
Caribbean BreezeA1: 1 Bed 1 Bath1BR,1BA$1,279
The Flats at 4200Studio I1BR,1BA$1,285
The Brady at Tampa PalmsA1 Traditional1BR,1BA$1,300

Best Value Apartments for Rent in South Florida Terraces, FL

As of July 06, 2026 the best value apartment in the South Florida Terraces area is the $0.52 price per square foot 5BR/5.5BA - Durango - Platinum Model at Cove Commons in the in the University Square neighborhood starting from $1,100. The second greatest value South Florida Terraces apartment is the D1 Model at Union on Fletcher starting at $1,049 with a $0.73 price per square foot in the University Square neighborhood. Here is today’s list of the best values for South Florida Terraces apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cove Commons5BR/5.5BA - Durango - Platinum5BR,5.5BA$0.52
Union on FletcherD14BR,4BA$0.73
Reflections4-4U Premium w/ Quartz Countertops4BR,4BA$0.56
Armature Gate TownhomesB12BR,2BA$1.49
Forest Lake2BR/2BA - B3 Standard2BR,2BA$0.95
Stone Creek ApartmentsTwo Bedrooms | Two Baths2BR,2BA$1.51
14606 N 42nd St, Unit 12314606 N 42nd St2BR,2BA$1.32
14301 Hanging Moss Circle, Unit 20214301 Hanging Moss Circle2BR,2BA$1.53
Lark on 42nd2 Bedroom, 2 Bath2BR,2BA$1.22
U Lake2x2 B2BR,2BA$1.17

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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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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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States and customized analysis for Northern Tampa, FL. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap South Florida Terraces Apartments

What is the price of a cheap apartment in South Florida Terraces?

The cheapest apartment in South Florida Terraces is Willow Brooke Apartments which is listed at $1,005, while the average apartment in South Florida Terraces costs $2,068.

What types of apartments are the cheapest in South Florida Terraces?

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 68 regular apartments in South Florida Terraces 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 South Florida Terraces?

Cheap apartments in South Florida Terraces have an average cost of $722 which is $1,346 cheaper than the average rent for all rentals in South Florida Terraces.

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.

Helpful Local Expert Guides

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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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Top Student Friendly Neighborhoods to Rent Near Colleges in Tampa

Written by: Vickie Ferguson

Hi, I'm Vickie, and welcome to Apartment Home Living. As a long-time resident of Tampa, I'm here to serve as your expert local guide in and around the city's neighborhoods that are near to local colleges and universities.

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Sun, Sand, and a Short Commute: The Renters Guide to Tampa's Best Neighborhoods

Written by: Vickie Ferguson

Hi, and welcome to ApartmentHomeLiving.com, where you'll find information about Tampa's inviting, diverse, and community-friendly neighborhoods.

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Tampa Has It All: The Ultimate Insiders Guide to Things to Do in Tampa

Written by: Vickie Ferguson

Hi, and welcome to Tampa. I'm Vickie, your ApartmentHomeLiving.

Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.