Cheap Apartments for Rent in the South Florida Terraces Neighborhood of Tampa, FL from $500 (32 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Florida Terraces area of Tampa.

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The Dawson
$1,210 - $2,762
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$1,210 - $2,762
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1 to 3 Bedroom Apartments Available Now

The Dawson

15501 Bruce B Downs BlvdTampa, FL 33647
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Oak Ramble
Rent Specials
$1,270 - $2,420
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$1,270 - $2,420
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1 to 2 Bedroom Apartments Available Now

Oak Ramble

14627 Grenadine DrTampa, FL 33613
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Showing Results 1-32, 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 4 Beds unit found at The Social priced from $509. The Ivy has the second lowest priced unit, which is a 4 Beds apartment currently listed from $589. Here are the most affordable South Florida Terraces apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
The Social4 Bedroom 4 Bathroom4BR,4BA$509
The Ivy4br 2ba4BR,2BA$589
Cove Commons5BR/5.5BA - Keystone - Platinum5BR,5BA$859
Caribbean BreezeA1: 1 Bed 1 Bath1BR,1BA$925
42N3x3 A3BR,3BA$959
Willow Brooke ApartmentsClassic 1BD/1BTH1BR,1BA$1,005
The Bahia ApartmentsThe InletStudio,1BA$1,050
Ascott Place ApartmentsRoyal1BR,1BA$1,148
Greenwich Commons Apartment HomesDevon2BR,1BA$1,199

Best Value Apartments for Rent in South Florida Terraces, FL

As of August 21, 2026 the best value apartment in the South Florida Terraces area is the $0.47 price per square foot 4x4 Model at Station 42 in the in the University Square neighborhood starting from $799. The second greatest value South Florida Terraces apartment is the 4BR/4.5BA - Boulder - Platinum Model at Cove Commons starting at $999 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Station 424x44BR,4BA$0.47
Cove Commons4BR/4.5BA - Boulder - Platinum4BR,4.5BA$0.61
Venue at North CampusD14BR,4BA$0.61
42N3x3 A3BR,3BA$0.83
4050 LoftsTriple3BR,3BA$0.76
Reflections3/3U w/ Quartz Leased By The Room3BR,3BA$0.67
Forest Lake2BR/2BA - B1 Platinum2BR,2BA$0.98
The Social2 Bedroom 2 Bath - Premium2BR,2BA$0.75
On502 Bed, 2 Bath - Standard2BR,2BA$1.20
Lark on 42nd2 Bedroom, 2 Bath2BR,2BA$1.22

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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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 $1,525.

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 152 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 $660 which is $865 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.

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