
Cheap Apartments for Rent in the Terrace Park Neighborhood of Tampa, FL from $600 (81 Rentals)
Search the lowest-cost Apartments available for rent right now in the Terrace Park area of Tampa.


1409 E Waters Ave

5026 Sunridge Palms Dr, Unit 3, Unit 3

1504 E 99th Ave

Garden Terrace

Riverside Palms

Bella Mar Apartment Homes

Armature Place

8414 N River Dune St

10907 N 29th St
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.

Palm Avenue Apartments

13106 Leisurewood Pl

Vista Palms

The Lenox Apartments

4217 E Sewaha St

8425 Cerro Cir

Azula North

4145 Dolphin Dr, Unit 4145, Unit 4145

Timber Trace Apartments

Viva 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.

Regency Square Apartments

12401 N 15th St, Unit Cinnamon Cove - 1 Bedroom

The River Pointe Apartments

Andover Club Apartments

Carlton Arms North

Oak Chase Apartments

Raintree Park

Timberfalls Apartment Homes

Oak Manor Apartment Homes

Azure East
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.

Lago Bello Apartment Homes

Total Monthly Price
Uptown Apartments

Summit West

Avina North

The Flats on 52nd

The Grove at Temple Terrace Apartments

Viridian Apartments

11312 N 52nd St, Unit A17

11316 N 52nd St, Unit C9

11314 N 52nd St, Unit B13
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.

11312 N 52nd St, Unit A16

11312 N 52nd St, Unit A14

11314 N 52nd St, Unit B6

A place to call home

Total Monthly Price
5026 E Linebaugh Ave, Unit Apt B, Unit Apt B

Park Avenue Apartments

The Park at Chesterfield Apartment Homes

1919 E Mulberry Dr

12703 N 15th St

Haley Park
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.
Terrace Park, Tampa, FL Local Guide

How much does it cost to rent an apartment in Terrace Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Terrace Park Studio Apartments | $1,181 | $735 | $1,890 |
| Terrace Park 1 Bedroom Apartments | $1,369 | $795 | $3,437 |
| Terrace Park 2 Bedroom Apartments | $1,644 | $999 | $3,935 |
| Terrace Park 3 Bedroom Apartments | $1,557 | $649 | $4,600 |
| Terrace Park 4 Bedroom Apartments | $1,023 | $699 | $7,265 |
Browse Apartments in this Neighborhood
There are currently 81 rentals with your search options within a 2 mile radius of the Terrace Park Neighborhood of Tampa, FL.
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Terrace Park, Tampa, FL Local Guide
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Cheapest Available Terrace Park Apartments for Rent
 The cheapest available apartment rental in the Terrace Park area of Tampa, FL is a 4 Beds unit found at Vue Tampa priced from $864. Bella Mar Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable Terrace Park apartments for rent in Tampa, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vue Tampa | 4BR/4BA - Platinum | 4BR,4BA | $864 |
| Bella Mar Apartment Homes | One Bedroom One Bath - A1 | 1BR,1BA | $899 |
| Riverside Palms | Sierra | 1BR,1BA | $899 |
| Garden Terrace | One Bedroom One Bath Apartment | 1BR,1BA | $974 |
| Palm Avenue Apartments | Kent | 1BR,1BA | $985 |
| Vista Palms | A1 | 1BR,1BA | $999 |
| The Lenox Apartments | The Maple | Studio,1BA | $999 |
| Azula North | A1 | 1BR,1BA | $1,069 |
| Regency Square Apartments | 1/1 | 1BR,1BA | $1,099 |
Best Value Apartments for Rent in Terrace Park, FL
As of April 27, 2026 the best value apartment in the Terrace Park area is the $0.53 price per square foot Lumpkin A 4 x 4 Model at The Retreat at Tampa in the in the University Square neighborhood starting from $935. The second greatest value Terrace Park apartment is the Deerwood - 4 x 4 Model at The Standard at Tampa starting at $1,095 with a $0.74 price per square foot in the University Square neighborhood. Here is today’s list of the best values for Terrace Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Retreat at Tampa | Lumpkin A 4 x 4 | 4BR,4BA | $0.53 |
| The Standard at Tampa | Deerwood - 4 x 4 | 4BR,4BA | $0.74 |
| Venue at North Campus | D1 | 4BR,4BA | $0.61 |
| Town Park Villas | 3/3.5 A | 3BR,3.5BA | $1.38 |
| Vue Tampa | 3BR/3BA - Gold | 3BR,3BA | $0.80 |
| The Grove at Temple Terrace Apartments | 2BR - 2BTH Renovated | 2BR,2BA | $1.13 |
| The Flats on 52nd | A | 2BR,1BA | $1.25 |
| Spanish Trace | 2x2 | 2BR,2BA | $1.29 |
| Mirela North | 2 Bedrooms 1 Bath | 2BR,1BA | $1.25 |
| The Metropolitan Tampa | B2 - 2x2 | 2BR,2BA | $1.30 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.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.
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 $1,099.
What is the price of a cheap apartment in Terrace Park?
The cheapest apartment in Terrace Park is Bella Mar Apartment Homes which is listed at $899, while the average apartment in Terrace Park costs $34,227.
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 170 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 $606 which is $33,621 cheaper than the average rent for all rentals in Terrace Park.
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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.