Cheap Apartments for Rent in the Terrace Park Neighborhood of Tampa, FL from $600 (55 Rentals)

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

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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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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.

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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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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
1 to 2 Bedroom Apartments

USF Gardens

2016 E 131st AveTampa, FL 33612
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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.

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Sandanay Apartments
1 to 2 Bedroom Apartments

Sandanay Apartments

13132 N 19th StTampa, FL 33612
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Haley Park
1 to 2 Bedroom Apartments

Haley Park

1510 E 130th AveTampa, FL 33612
Senior Living
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Pine Crest
Studio to 2 Bedroom Apartments

Pine Crest

11302 N 15th StTampa, FL 33612
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Uptown 22 Villas
Studio to 2 Bedroom Apartments

Uptown 22 Villas

13102 N 20th 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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Puritan Place
Studio to 3 Bedroom Apartments

Puritan Place

7903 Holly Lea CtTampa, FL 33617

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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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 Riverside Palms priced from $800. Garden Terrace has the second lowest priced unit, which is a Studio apartment currently listed from $869. Here are the most affordable Terrace Park apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
Riverside PalmsStudioStudio,1BA$800
Garden TerraceStudio ApartmentStudio,1BA$869
Bella Mar Apartment HomesOne Bedroom One Bath - A11BR,1BA$899
Shadow Pines2BR/2.0BA2BR,2BA$940
Vista PalmsA11BR,1BA$999
Lago Bello Apartment Homes1 Bedroom/1 Bath1BR,1BA$999
Cinnamon Cove Apartments1x1 Standard1BR,1BA$1,099
Regency Square Apartments1/11BR,1BA$1,099

Best Value Apartments for Rent in Terrace Park, FL

As of January 14, 2026 the best value apartment in the Terrace Park area is the $1.11 price per square foot 9905 N Myrtle St Model at 9905 N Myrtle St, Unit B in the in the Terrace Park neighborhood starting from $1,800. The second greatest value Terrace Park apartment is the Hamlet - 5 x 3 Model at The Standard at Tampa starting at $965 with a $0.69 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.
9905 N Myrtle St, Unit B9905 N Myrtle St2BR,1BA$1.11
The Standard at TampaHamlet - 5 x 35BR,3BA$0.69
Venue at North CampusD14BR,4BA$0.60
Uptown Palms ApartmentsC13BR,2BA$1.28
Shadow Pines3BR/2.0BA3BR,2BA$1.42
Vue Tampa3BR/3BA - Gold3BR,3BA$0.77
Spanish Trace2x22BR,2BA$1.29
Palm Flats Apartments2/22BR,2BA$1.39
Grove At Temple Terrace2-1 Renovated2BR,1BA$1.26
5326 Whiteway Dr, Unit 5326 Whiteway Drive5326 Whiteway Dr2BR,1BA$1.05

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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The 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.

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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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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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Quick 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.

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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 Riverside Palms which is listed at $845, while the average apartment in Terrace Park costs $1,700.

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 155 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 $530 which is $1,170 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

decorative image for A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in Tampa article

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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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.