Cheap Apartments for Rent in the University Park - South Downtown Neighborhood of Tampa, FL from $400 (43 Rentals)

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Search the lowest-cost Apartments available for rent right now in the University Park - South Downtown area of Tampa.

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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.

property at 326 6th Ave N

$1,300 - $1,650

Studio To 1 Bedroom Rentals

Available Now

326 6th Ave N

St. PetersburgFL33701

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property at 1115 Highland St N

$1,500 - $1,850

1 To 2 Bedroom Rentals

Available Now

1115 Highland St N

St. PetersburgFL33701
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130 17th St N
$1,650 - $1,800
Total Monthly Price

Total Monthly Price

Base Rent
$1,650 - $1,800

Total Monthly Price
$1,650 - $1,800
1 Bedroom Apartment Available Now

130 17th St N

130 17th St NSt. Petersburg, FL 33713
Furnished
  • Smoke Free
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The Portland Apartments
1 to 3 Bedroom Apartments

The Portland Apartments

300 8th St NSt. Petersburg, FL 33705
  • Utilities Included
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Delmar 745
1 to 2 Bedroom Apartments

Delmar 745

745 Delmar Ter SSt. Petersburg, FL 33701
  • Utilities Included
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114 7th St N
Studio to 1 Bedroom Apartments

114 7th St N

114 7th St NSt. Petersburg, FL 33701

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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The Courtyard Vinoy
1 to 2 Bedroom Apartments

The Courtyard Vinoy

256-266 7th Ave NESt. Petersburg, FL 33701
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Prince Gregor Apartments
Studio to 2 Bedroom Apartments

Prince Gregor Apartments

844 5th Ave SSt. Petersburg, FL 33701
  • Utilities Included
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Pennsylvania
1 Bedroom Apartments

Pennsylvania

418 5th St SSt. Petersburg, FL 33701
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City Place Senior
1 to 2 Bedroom Apartments

City Place Senior

298 8th St NSt. Petersburg, FL 33701
  • Utilities Included
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Sunkist Apartments
Studio to 3 Bedroom Apartments

Sunkist Apartments

315 7th Ave NSt. Petersburg, FL 33701

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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Nelson Apartment
Studio to 1 Bedroom Apartments

Nelson Apartment

430 5th St NSt. Petersburg, FL 33701
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Coliseum Apartments
Studio to 1 Bedroom Apartments

Coliseum Apartments

610 5th Ave NSt. Petersburg, FL 33701
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Northbay Villas
Studio to 2 Bedroom Apartments

Northbay Villas

1023 Locust St NESt. Petersburg, FL 33701
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832 1st St N
1 Bedroom Apartments

832 1st St N

832 1st St NSt. Petersburg, FL 33701
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Ruby Apartments
1 Bedroom Apartments

Ruby Apartments

1101 16th St NSt. Petersburg, FL 33705
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801 Grove St N
1 Bedroom Apartments

801 Grove St N

801 Grove St NSt. Petersburg, FL 33701
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441 3rd St
Studio to 2 Bedroom Apartments

441 3rd St

441 3rd St SSt. Petersburg, FL 33701
Student Housing
  • Utilities Included

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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Bayside Arms Apartments
1 to 2 Bedroom Apartments

Bayside Arms Apartments

232 4th St NSt. Petersburg, FL 33701
  • Utilities Included
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The Lawtone
Studio to 1 Bedroom Apartments

The Lawtone

324 Grove St NSt. Petersburg, FL 33701

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 Colony Apartments priced from $1,150. The Wayland has the second lowest priced unit, which is a Studio apartment currently listed from $1,248. Here are the most affordable University Park - South Downtown apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
Colony ApartmentsStudio, 1 bathStudio,1BA$1,150
The WaylandStudio, One Bath North DeluxeStudio,1BA$1,248
Palm Court Apartments0 Beds, 1 BathsStudio,1BA$1,295
The Vinoy Courtyard ApartmentsStudioStudio,1BA$1,450
Vantage St. PeteHeron | Studio | SignatureStudio,1BA$1,851
Sole on CentralS1Studio,1BA$1,890
AvantiS1Studio,1BA$2,052

Best Value Apartments for Rent in University Park - South Downtown, FL

As of March 12, 2026 the best value apartment in the University Park - South Downtown area is the $3.14 price per square foot E-Select Model at EVO APARTMENTS in the in the Highland Oaks neighborhood starting from $3,578. The second greatest value University Park - South Downtown apartment is the 1BR/1BA - Floorplan B - 1st Ground Floor Model at 357 South starting at $2,200 with a $2.97 price per square foot in the Highland Oaks neighborhood. Here is today’s list of the best values for University Park - South Downtown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
EVO APARTMENTSE-Select1BR,1BA$3.14
357 South1BR/1BA - Floorplan B - 1st Ground Floor1BR,1BA$2.97
Cottonwood BayviewThe Animation1BR,1BA$2.94
Sans Souci Apartments1 BR1BR,1BA$1.83
932 Newton Ave S, Unit 12932 Newton Ave S1BR,1BA$2.08
Baywalk Apartments1 Bed, 1 bath1BR,1BA$2.08
534 4th Ave S, Unit 2W534 4th Ave SStudio ,1BA$2.92
Palm Court Apartments0 Beds, 1 BathsStudio ,1BA$2.59
The Vinoy Courtyard ApartmentsStudioStudio ,1BA$3.05
832 1st St N1 Bed, 1 bath1BR,1BA$2.80

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 $2,052.

What is the price of a cheap apartment in University Park - South Downtown?

The cheapest apartment in University Park - South Downtown is Sans Souci Apartments which is listed at $1,280, while the average apartment in University Park - South Downtown costs $10,863.

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 23 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 $178 which is $10,685 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.

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