953 12th Ave S
St. PetersburgFL33705
Cheap Apartments for Rent in the University Park - South Downtown Neighborhood of Tampa, FL from $400 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in the University Park - South Downtown area of Tampa.
750 Burlington Ave N
St. PetersburgFL33701
1316 12th St S
St. PetersburgFL33705
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Rent Specials
$1,158 - $2,481Studio to 2 Bedroom Apartments Available Now
The Wayland
305 Dr Martin Luther King Jr St SSt. Petersburg, FL 33705
1215 Melrose Ave S
St. PetersburgFL33705
730 4th Ave N
St. PetersburgFL33701
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$1,250 - $1,8001 Bedroom Apartments Available Feb 1, 2026
Tropical Breeze Apartments
1693 2nd Ave NSt. Petersburg, FL 33713
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$1,250 - $1,3501 Bedroom Apartments Available Now
Baywalk Apartments
118 6th Ave NSt. Petersburg, FL 33701
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$1,295 - $1,6001 Bedroom Apartments Available Now
Satoshi Sol-FULLY FURNISHED AND ALL INCLUSIVE
805 4th Ave NSt. Petersburg, FL 33701
820 8th Ave S
St. PetersburgFL33701
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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916 1/2 2nd St N
St. PetersburgFL33701
224 6th Ave N
St. PetersburgFL33701
944 15th Ave S
St. PetersburgFL33705
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Rent Specials
$1,500Studio to 2 Bedroom Apartments Available Feb 8, 2026
The Vinoy Courtyard Apartments
266 7th Ave NESt. Petersburg, FL 33701
520 15th St N
St. PetersburgFL33705
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$1,5752 Bedroom Apartment Available Now
999 Dr Martin Luther King Jr St S, Unit 4
999 Dr Martin Luther King Jr St SSt. Petersburg, FL 33705
999 Dr. M.L.K. Jr St S
St. PetersburgFL33705
727 Dartmoor St N
St. PetersburgFL33701
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$1,675Studio Apartments Available Jan 5, 2026
305 Dr. M.L.K. Jr St S
305 Dr. M.L.K. Jr St SSt. Petersburg, FL 33705
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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$1,706 - $3,550Studio to 2 Bedroom Apartments Available Now
Vantage St. Pete
160 16th St NSt. Petersburg, FL 33705
160 16th St N
St. PetersburgFL33705
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$1,739Studio Apartments Available Jan 4, 2026
305 Dr. M.L.K. Jr St S
305 Dr. M.L.K. Jr St SSt. Petersburg, FL 33705
644 4th Ave S
St. PetersburgFL33701
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$1,769Studio Apartments Available Jan 7, 2026
305 Dr. M.L.K. Jr St S
305 Dr. M.L.K. Jr St SSt. Petersburg, FL 33705
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$1,769Studio Apartments Available Jan 1, 2026
305 Dr. M.L.K. Jr St S
305 Dr. M.L.K. Jr St SSt. Petersburg, FL 33705
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$1,769Studio Apartments Available Jan 19, 2026
305 Dr. M.L.K. Jr St S
305 Dr. M.L.K. Jr St SSt. Petersburg, FL 33705
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$1,7981 Bedroom Apartments Available Jan 12, 2026
305 Dr. M.L.K. Jr St S
305 Dr. M.L.K. Jr St SSt. Petersburg, FL 33705
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$1,8001 Bedroom Apartment Available Jan 1, 2026
130 17th St N, Unit Urban Oasis
130 17th St NSt. Petersburg, FL 33713
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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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Studio to 1 Bedroom Apartments
Viridian Apartments- 62+ Senior Community
518 3rd Ave SSt. Petersburg, FL 33701
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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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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.
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 | $2,004 | $1,050 | $3,704 |
| University Park - South Downtown 1 Bedroom Apartments | $2,533 | $1,000 | $6,220 |
| University Park - South Downtown 2 Bedroom Apartments | $3,747 | $1,195 | $7,349 |
| University Park - South Downtown 3 Bedroom Apartments | $5,223 | $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 52 rentals with your search options within a 1 mile radius of the University Park - South Downtown Neighborhood of Tampa, FL.
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University Park - South Downtown, Tampa, FL Local Guide
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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 $1,158. Baywalk Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. 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, One Bath North Deluxe | Studio,1BA | $1,158 |
| Baywalk Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,250 |
| Satoshi Sol-FULLY FURNISHED AND ALL INCLUSIVE | Studio | 1BR,1BA | $1,295 |
| Arte St. Pete | S1 x 0x1 | Studio,1BA | $1,955 |
| The Exchange | A1 | 1BR,1BA | $1,988 |
| Beacon 430 | Studio | Studio,1BA | $2,022 |
| Sole on Central | S2 | Studio,1BA | $2,027 |
| Ascent St. Petersburg | ST2 | Studio,1BA | $2,072 |
| VIV | Studio-ST | Studio,1BA | $2,200 |
Best Value Apartments for Rent in University Park - South Downtown, FL
As of December 26, 2025 the best value apartment in the University Park - South Downtown area is the $2.80 price per square foot B5 Model at 930 Central Flats in the in the Highland Oaks neighborhood starting from $3,435. The second greatest value University Park - South Downtown apartment is the A9 Model at Avanti starting at $2,840 with a $3.04 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 930 Central Flats | B5 | 2BR,2BA | $2.80 |
| Avanti | A9 | 1BR,1BA | $3.04 |
| 634 15th Ave S, Unit 634 | 634 15th Ave S | 2BR,2BA | $2.51 |
| 1701 Central Apartments | Canvas | 1BR,1BA | $3.26 |
| 357 South | 1BR/1BA - Corner Floorplan A - 2nd-4th Floor | 1BR,1BA | $3.34 |
| 999 Dr Martin Luther King Jr St S, Unit 4 | 999 Dr Martin Luther King Jr St S | 2BR,1BA | $2.23 |
| The Exchange | A1 | 1BR,1BA | $2.93 |
| Baywalk Apartments | 1 Bed, 1 bath | 1BR,1BA | $2.16 |
| The Wayland | 1 Bedroom West Tower Premium | 1BR,1BA | $3.32 |
| Satoshi Sol-FULLY FURNISHED AND ALL INCLUSIVE | Studio | 1BR,1BA | $2.94 |
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.
Read ArticleCash 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.
Read ArticleTop 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
Read ArticleQuick 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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Pet Friendly LifestyleUniversity Park - South Downtown, Tampa, FL
Ranked #112
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $2,200.
What is the price of a cheap apartment in University Park - South Downtown?
The cheapest apartment in University Park - South Downtown is Baywalk Apartments which is listed at $1,250, 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 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 $191 which is $10,380 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.
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
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.
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.