Cheap Apartments for Rent in the Terrace Park Neighborhood of Tampa, FL from $600 (125 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Terrace Park 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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Uptown Apartments
$1,125 - $1,675
Total Monthly Price

Total Monthly Price

Base Rent
$1,125 - $1,675
Total Monthly Price
$1,125 - $1,675
1 to 2 Bedroom Apartments Available Now

Uptown Apartments

2002 Colonial Parc DrTampa, FL 33612
Pet Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

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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1823 E 109th Ave
$1,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150
Studio Apartment Available Now

1823 E 109th Ave

1823 E 109th AveTampa, FL 33612
Furnished
  • Smoke Free

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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Viridian Apartments
Rent Specials
$1,253 - $2,312
Total Monthly Price

Total Monthly Price

Base Rent
$1,253 - $2,312
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Viridian Apartments

12702 University Club DrTampa, FL 33612
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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 4 Beds unit found at Vue Tampa priced from $819. Columbia Oaks Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $895. Here are the most affordable Terrace Park apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
Vue Tampa4BR/4BA - Platinum4BR,4BA$819
Columbia Oaks Apartments2 Beds, 2 baths2BR,2BA$895
Shadow Pines2BR/2.0BA2BR,2BA$940
Garden TerraceOne Bedroom One Bath Apartment1BR,1BA$949
Bella Mar Apartment HomesOne Bedroom One Bath - A11BR,1BA$999
Riverside PalmsKonaStudio,1BA$1,000
Timber Trace ApartmentsFern 1/11BR,1BA$1,029
Vista PalmsA1R1BR,1BA$1,049
The Park at ValenzaA11BR,1BA$1,060
Mirela North1 Bedroom 1 Bath1BR,1BA$1,099

Best Value Apartments for Rent in Terrace Park, FL

As of June 11, 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 D1 Model at Union on Fletcher starting at $1,095 with a $0.76 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Retreat at TampaLumpkin A 4 x 44BR,4BA$0.53
Union on FletcherD14BR,4BA$0.76
The Metropolitan TampaD3 - 4x44BR,4BA$0.70
The Standard at TampaHamlet - 5 x 35BR,3BA$0.65
Vue Tampa4BR/4BA - Platinum4BR,4BA$0.59
Venue at North CampusD14BR,4BA$0.61
Town Park Villas3/3.5 A3BR,3.5BA$1.38
The Park at Chesterfield Apartment HomesTHE ELDER2BR,1.5BA$1.27
Palm Flats2/22BR,2BA$1.39
Columbia Oaks Apartments2 Beds, 2 baths2BR,2BA$1.02

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.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 Garden Terrace which is listed at $949, while the average apartment in Terrace Park costs $1,655.

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 57 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 $590 which is $1,065 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.

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.

Articles, How-To's, and Tips

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.