Cheap Apartments for Rent in the Terrace Park Neighborhood of Tampa, FL from $600 (46 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Terrace Park area of Tampa.

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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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12703 N 15th St
2 Bedroom Apartments

12703 N 15th St

12703 N 15th StTampa, FL 33612
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Regency Palms
Studio to 2 Bedroom Apartments

Regency Palms

4113 E Linebaugh AveTampa, FL 33617
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Stonehenge Village
1 Bedroom Apartments

Stonehenge Village

13136 N 20th StTampa, FL 33612
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Andover Club
Studio to 2 Bedroom Apartments

Andover Club

9305 Takomah TrlTampa, FL 33617
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Park at Rialto
1 to 3 Bedroom Apartments

Park at Rialto

11305 N 51st StTampa, FL 33617
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USF Gardens
2 Bedroom Apartments

USF Gardens

2016 E 131st AveTampa, FL 33612
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Sandanay Apartments
1 to 2 Bedroom Apartments

Sandanay Apartments

13132 N 19th StTampa, FL 33612
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Pine Crest
2 Bedroom Apartments

Pine Crest

11302 N 15th StTampa, FL 33612
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La Vista Oaks Apartments
1 to 4 Bedroom Apartments

La Vista Oaks Apartments

12771 Saint James Place DrTampa, FL 33612
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Tampa Palms
3 Bedroom Apartments

Tampa Palms

1903 E 131st AveTampa, FL 33612
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Tampa's Best Affordable Neighborhoods

Learn about Tampa and the best places to live with original content written by our Tampa, FL Local Expert Vickie Ferguson

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Azure East
1 to 2 Bedroom Apartments

Azure East

1426 Marathon Key DrTampa, FL 33612
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Puritan Place
Studio to 3 Bedroom Apartments

Puritan Place

7907 Holly Lea CtTampa, FL 33617
Showing Results 1-46, Page 1 of 1

Terrace Park, Tampa, FL Local Guide

Cheapest Available Terrace Park Apartments for Rent

 

The cheapest available apartment rental in the Terrace Park area of Tampa, FL is a Studio unit found at Garden Terrace priced from $868. Shadow Pines has the second lowest priced unit, which is a 2 Beds apartment currently listed from $940. Here are the most affordable Terrace Park apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
Garden TerraceStudio ApartmentStudio,1BA$868
Shadow Pines2BR/2.0BA2BR,2BA$940
Regency Square ApartmentsSTUDStudio,1BA$975
Azula NorthA11BR,1BA$999
Riverside Palms0 Bedroom 1 BathStudio,1BA$1,025
Bella Mar Apartment HomesOne Bedroom One Bath - A11BR,1BA$1,039
Andover Club Apartments0BR/1.0BAStudio,1BA$1,100
Timberfalls Apartment Homes1 Bedroom/1 Bath1BR,1BA$1,115
Palm Avenue ApartmentsKent1BR,1BA$1,135
Mirela North1 Bedroom 1 Bath1BR,1BA$1,149

Best Value Apartments for Rent in Terrace Park, FL

As of June 05, 2025 the best value apartment in the Terrace Park area is the $0.65 price per square foot Hounslow 5 x 4 Model at The Standard at Tampa in the in the University Square neighborhood starting from $965. The second greatest value Terrace Park apartment is the The Mulligan Model at Doral Oaks starting at $1,919 with a $1.42 price per square foot in the East Tampa neighborhood. Here is today’s list of the best values for Terrace Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Standard at TampaHounslow 5 x 45BR,4BA$0.65
Doral OaksThe Mulligan3BR,2BA$1.42
Palm Flats Apartments2/2.52BR,2BA$1.34
Summit WestPlan C13BR,2BA$1.34
Shadow Pines3BR/2.0BA3BR,2BA$1.42
Vue Tampa3BR/3BA3BR,3BA$0.67
Spanish Trace2x22BR,2BA$1.29
Grove at Temple Terrace2-1 Renovated2BR,1BA$1.39
Union on FletcherB12BR,2BA$1.30
Oak Manor Apartment HomesThe Chestnut2BR,1BA$1.47

Quick Rent Budget Calculator

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Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Florida and customized analysis for Tampa, Florida. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, features that make it easier to raise kids, raising pets, transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Getting Around the Terrace Park Neighborhood in Tampa, FL

Walk Score®

71 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

59 / 100

Bikeable

Some bike infrastructure

Transit Score®

32 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Terrace Park Apartments

What is a cheap apartment in Terrace Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Terrace Park is under $1,149.

What is the price of a cheap apartment in Terrace Park?

The cheapest apartment in Terrace Park is Azula North which is listed at $999, while the average apartment in Terrace Park costs $1,706.

What types of apartments are the cheapest in Terrace Park?

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 227 regular apartments in Terrace Park 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 Terrace Park?

Cheap apartments in Terrace Park have an average cost of $641 which is $1,065 cheaper than the average rent for all rentals in Terrace Park.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.