
Cheap Apartments for Rent in the University Park - South Downtown Neighborhood of Tampa, FL from $400 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in the University Park - South Downtown area of Tampa.


1316 12th St S

The Wayland

1610 12th Ave S

730 4th Ave N

Baywalk Apartments

820 8th Ave S

Satoshi Sol-FULLY FURNISHED AND ALL INCLUSIVE
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.

539 1/2 2nd St N

520 15th St N

727 Dartmoor St N

The Vinoy Courtyard Apartments

Tropical Breeze Apartments

750 Burlington Ave N

305 Dr. M.L.K. Jr St S

1139 Bay St NE, Unit Upstairs Unit
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.

305 Dr. M.L.K. Jr St S

305 Dr. M.L.K. Jr St S

1051 7th Ave N

The Portland Apartments

114 7th St N

The Courtyard Vinoy

Citrus Grove Apartments

Prince Gregor Apartments
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.

Delmar 745

Pennsylvania

Viridian Apartments- 62+ Senior Community

City Place Senior

5th Ave Loft Apartments

Sunkist Apartments

Sans Souci Apartments

Coliseum Apartments
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.

Nelson Apartment

Northbay Villas

Ruby Apartments

Palm Court Apartments

441 3rd St

801 Grove St N

Bayside Arms Apartments

The Lawtone
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.

Corner Porch Apartments
University Park - South Downtown, Tampa, FL Local Guide

How much does it cost to rent an apartment in University Park - South Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Park - South Downtown Studio Apartments | $2,020 | $1,239 | $3,542 |
| University Park - South Downtown 1 Bedroom Apartments | $2,537 | $1,000 | $6,282 |
| University Park - South Downtown 2 Bedroom Apartments | $3,883 | $1,495 | $7,442 |
| University Park - South Downtown 3 Bedroom Apartments | $5,268 | $2,100 | $10,000+ |
| University Park - South Downtown 4 Bedroom Apartments | $10,571 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 41 rentals with your search options within a 1 mile radius of the University Park - South Downtown Neighborhood of Tampa, FL.
See all Apartments in TampaExplore Tampa
Cheapest Available University Park - South Downtown Apartments for Rent
 The cheapest available apartment rental in the University Park - South Downtown area of Tampa, FL is a Studio unit found at The Wayland priced from $1,261. Arte St. Pete has the second lowest priced unit, which is a Studio apartment currently listed from $1,785. Here are the most affordable University Park - South Downtown apartments for rent in Tampa, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Wayland | Studio West Tower Deluxe | Studio,1BA | $1,261 |
| Arte St. Pete | S1 x 0x1 | Studio,1BA | $1,785 |
| Ascent St. Petersburg | ST1 | Studio,1BA | $1,871 |
| Sole on Central | S2 | Studio,1BA | $1,933 |
| Beacon 430 | Studio | Studio,1BA | $1,985 |
| 930 Central Flats | S2 | Studio,1BA | $2,241 |
| Cottonwood Bayview | The Animation | 1BR,1BA | $2,293 |
| Park & Main | A1 | 1BR,1BA | $2,298 |
Best Value Apartments for Rent in University Park - South Downtown, FL
As of January 22, 2026 the best value apartment in the University Park - South Downtown area is the $2.55 price per square foot B4 Model at Avanti in the in the Highland Oaks neighborhood starting from $3,228. The second greatest value University Park - South Downtown apartment is the 644 6th Ave N Model at 644 6th Ave N, Unit 644 6th Ave N starting at $2,975 with a $2.86 price per square foot in the Greater South Central neighborhood. Here is today’s list of the best values for University Park - South Downtown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Avanti | B4 | 2BR,2BA | $2.55 |
| 644 6th Ave N, Unit 644 6th Ave N | 644 6th Ave N | 2BR,2BA | $2.86 |
| 1701 Central Apartments | Canvas | 1BR,1BA | $3.36 |
| Windsor Central Arts | A1 | 1BR,1BA | $3.43 |
| Cottonwood Bayview | The Gallery | 1BR,1BA | $3.43 |
| Arte St. Pete | A1 x 1x1 | 1BR,1BA | $3.46 |
| 1139 Bay St NE, Unit Upstairs Unit | 1139 Bay St NE | 1BR,1BA | $2.75 |
| Sole on Central | S2 | Studio ,1BA | $3.27 |
| Beacon 430 | Studio | Studio ,1BA | $3.41 |
| The Wayland | 1 Bedroom West Tower Premium | 1BR,1BA | $3.39 |
Frequently Asked Questions about Cheap University Park - South Downtown Apartments
What is a cheap apartment in University Park - South Downtown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Park - South Downtown is under $2,298.
What is the price of a cheap apartment in University Park - South Downtown?
The cheapest apartment in University Park - South Downtown is The Wayland which is listed at $1,526, while the average apartment in University Park - South Downtown costs $10,571.
What types of apartments are the cheapest in University Park - South Downtown?
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 19 regular apartments in University Park - South Downtown 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 University Park - South Downtown?
Cheap apartments in University Park - South Downtown have an average cost of $185 which is $10,386 cheaper than the average rent for all rentals in University Park - South Downtown.
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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.

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.