Cheap Homes for Rent in Terrace Park Neighborhood of Tampa, FL from $700 (22 Rentals)

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

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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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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 ListingModel NameBed/BathPriced From
Vue Tampa4BR/4BA - Platinum4BR,4BA$864
Bella Mar Apartment HomesOne Bedroom One Bath - A11BR,1BA$899
Riverside PalmsSierra1BR,1BA$899
Garden TerraceOne Bedroom One Bath Apartment1BR,1BA$974
Palm Avenue ApartmentsKent1BR,1BA$985

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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Retreat at TampaLumpkin A 4 x 44BR,4BA$0.53
The Standard at TampaDeerwood - 4 x 44BR,4BA$0.74
Venue at North CampusD14BR,4BA$0.61
Town Park Villas3/3.5 A3BR,3.5BA$1.38
Vue Tampa3BR/3BA - Gold3BR,3BA$0.80
The Grove at Temple Terrace Apartments2BR - 2BTH Renovated2BR,2BA$1.13
The Flats on 52ndA2BR,1BA$1.25
Spanish Trace2x22BR,2BA$1.29
Mirela North2 Bedrooms 1 Bath2BR,1BA$1.25
The Metropolitan TampaB2 - 2x22BR,2BA$1.30

Frequently Asked Questions about Terrace Park

What type of rentals are currently available in Terrace Park?

There are currently 242 Apartments for Rent in Terrace Park, FL with pricing that ranges from $649 to $34,227. There are also 119 Single Family Homes for rent, Condos, and Townhome rentals currently available in Terrace Park ranging from $780 to $5,000.

What is the current price range for Rental Homes in Terrace Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Terrace Park ranges from $780 to $5,000 with an average monthly rent of $1,875.

How much are larger Three and Four Bedroom Rentals in Terrace Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Terrace Park range from $649 to $4,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,649 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $699.

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

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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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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.