
Cheap Apartments for Rent in the South Florida Terraces Neighborhood of Tampa, FL from $500 (2 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Florida Terraces 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.

The Bahia Apartments
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.
South Florida Terraces, Tampa, FL Local Guide

How much does it cost to rent an apartment in South Florida Terraces?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Florida Terraces Studio Apartments | $1,616 | $1,050 | $1,890 |
| South Florida Terraces 1 Bedroom Apartments | $1,529 | $1,105 | $2,651 |
| South Florida Terraces 2 Bedroom Apartments | $1,712 | $859 | $3,079 |
| South Florida Terraces 3 Bedroom Apartments | $1,832 | $649 | $3,750 |
| South Florida Terraces 4 Bedroom Apartments | $1,148 | $599 | $2,940 |
Browse Apartments in this Neighborhood
There are currently 2 rentals with your search options within a 1 mile radius of the South Florida Terraces Neighborhood of Tampa, FL.
See all Apartments in TampaExplore Tampa
South Florida Terraces, Tampa, FL Local Guide
- Nearby Tampa neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Best Value Apartments for Rent in South Florida Terraces, FL
As of February 19, 2026 the best value apartment in the South Florida Terraces area is the $0.73 price per square foot 4BR/4.5BA - Boulder - Platinum Model at Cove Commons in the in the University Square neighborhood starting from $1,190. The second greatest value South Florida Terraces apartment is the D1 Model at Venue at North Campus starting at $830 with a $0.61 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cove Commons | 4BR/4.5BA - Boulder - Platinum | 4BR,4.5BA | $0.73 |
| Venue at North Campus | D1 | 4BR,4BA | $0.61 |
| Armature Gate Townhomes | B1 | 2BR,2BA | $1.38 |
| 42N | 3x3 A | 3BR,3BA | $0.80 |
| Reflections | 3/3U w/ Quartz Leased By The Room | 3BR,3BA | $0.74 |
| Forest Lake | 2BR/2BA - B1 Platinum | 2BR,2BA | $0.94 |
| Union on Fletcher | B1 | 2BR,2BA | $1.42 |
| 14606 N 42nd St, Unit 123 | 14606 N 42nd St | 2BR,1.5BA | $1.33 |
| Lark on 42nd | 2 Bedroom, 2 Bath | 2BR,2BA | $1.13 |
| Halo 46: Off-Campus Student Housing | B1 | 2BR,2BA | $1.40 |
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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleTop 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 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.
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 $1,105, while the average apartment in South Florida Terraces costs $2,215.
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 184 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 $806 which is $1,409 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.
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.

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.

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.

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.