Cheap Apartments for Rent in the University Park - South Downtown Neighborhood of Tampa, FL from $400 (83 Rentals)

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

property at 520 11th Ave N

$1,225

1 Bedroom Rentals

Available Now

520 11th Ave N

St. PetersburgFL33701

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property at 725 Jackson St N

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Home for Rent

Available Now

725 Jackson St N

St. PetersburgFL33705

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property at 1408 7th Ave N

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

1 Bedroom, 1 Bath Home for Rent

Available Now

1408 7th Ave N

St. PetersburgFL33705
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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 Jun 1

130 17th St N

130 17th St NSt. Petersburg, FL 33713
Furnished
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property at 145 10th Ave N

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

1 Bedroom, 1 Bath Condo for Rent

Available Now

145 10th Ave N, Unit 7, Unit 7

145 10th Ave N
St. PetersburgFL33701

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Sole on Central
$1,789 - $6,779
Total Monthly Price

Total Monthly Price

Base Rent
$1,789 - $6,779

Total Monthly Price
$1,789 - $6,779
Studio to 2 Bedroom Apartments Available Now

Sole on Central

1560 Central AveSt. Petersburg, FL 33705
Corporate Housing
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  • Customer Reviewed
  • Utilities Included

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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 $1,143. Colony Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. Here are the most affordable University Park - South Downtown apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
The WaylandStudio, One Bath North DeluxeStudio,1BA$1,143
Colony ApartmentsStudio, 1 bathStudio,1BA$1,150
Mirror Lake ApartmentsStudio1BR,1BA$1,200
832 1st St N1 Bed Room1BR,1BA$1,300
Palm Court Apartments0 Beds, 1 BathsStudio,1BA$1,395
Satoshi Hideout- Simple living in Downtown St PeteStudioStudio,1BA$1,595
Vantage St. PeteCypress| Studio | SignatureStudio,1BA$1,716
930 Central FlatsS2Studio,1BA$1,972

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

As of April 26, 2026 the best value apartment in the University Park - South Downtown area is the $2.12 price per square foot 537 6th St N Model at 537 6th St N, Unit 537 6th St N in the in the Greater South Central neighborhood starting from $2,200. The second greatest value University Park - South Downtown apartment is the 1 Bed/1 Bath-A2 Model at Beacon 430 starting at $2,330 with a $3.20 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.
537 6th St N, Unit 537 6th St N537 6th St N1BR,1BA$2.12
Beacon 4301 Bed/1 Bath-A21BR,1BA$3.20
AvantiA21BR,1BA$3.53
Cottonwood BayviewThe Animation1BR,1BA$3.09
930 Central FlatsS2Studio ,1BA$3.36
Palm Court Apartments0 Beds, 1 BathsStudio ,1BA$2.66
Mirror Lake ApartmentsStudio1BR,1BA$2.29
539 6th St N, Unit 539 6th St N #2539 6th St N1BR,1BA$3.39
832 1st St N1 Bed Room1BR,1BA$2.80
The WaylandStudio West Tower PremiumStudio ,1BA$3.05

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 $1,972.

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

The cheapest apartment in University Park - South Downtown is Mirror Lake Apartments which is listed at $1,200, while the average apartment in University Park - South Downtown costs $10,793.

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 34 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 $241 which is $10,552 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

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

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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.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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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

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