Cheap Homes for Rent in University Park - South Downtown Neighborhood of Tampa, FL from $1,100 (55 Rentals)

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

property at 115 7th Ave N

$1,495 - $2,095

1 To 2 Bedroom Rentals

Available Now

115 7th Ave N

St. PetersburgFL33701

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

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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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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Cash 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.

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property at 210 5th Ave S

$1,700 - $2,000

1 Bedroom Rentals

Available Now

210 5th Ave S

St. PetersburgFL33701

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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property at 470 3rd St S

$1,795 - $2,400

Studio To 2 Bedroom Rentals

Available Jun 6

470 3rd St S

St. PetersburgFL33701

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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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. Mirror Lake Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here are the most affordable University Park - South Downtown apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
Colony ApartmentsStudioStudio,1BA$1,150
Mirror Lake ApartmentsStudio1BR,1BA$1,200
The WaylandStudio, One Bath North DeluxeStudio,1BA$1,221
Satoshi Sol-FULLY FURNISHED AND ALL INCLUSIVEStudio1BR,1BA$1,250
832 1st St N1 Bed Room1BR,1BA$1,300
Palm Court Apartments0 Beds, 1 BathsStudio,1BA$1,350
Caprice ApartmentsStudio #18Studio,1BA$1,525
Satoshi Hideout- Simple living in Downtown St PeteStudioStudio,1BA$1,545
The Vinoy Courtyard Apartments1 Bedroom, 1 Bathroom1BR,1BA$1,700

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

As of May 27, 2026 the best value apartment in the University Park - South Downtown area is the $3.22 price per square foot The Animation Model at Cottonwood Bayview in the in the Greater South Central neighborhood starting from $2,293. The second greatest value University Park - South Downtown apartment is the 1134 Bay St NE Model at 1134 Bay St NE, Unit 1134-1/2 Bay ST NE starting at $2,175 with a $3.11 price per square foot in the Melrose-Mercy 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.
Cottonwood BayviewThe Animation1BR,1BA$3.22
1134 Bay St NE, Unit 1134-1/2 Bay ST NE1134 Bay St NE2BR,1BA$3.11
932 Newton Ave S932 Newton Ave S1BR,1BA$2.08
The Vinoy Courtyard Apartments1 Bedroom, 1 Bathroom1BR,1BA$2.83
Sans Souci Apartments1 BR1BR,1BA$2.13
Palm Court Apartments0 Beds, 1 BathsStudio ,1BA$2.57
Mirror Lake ApartmentsStudio1BR,1BA$2.29
832 1st St N1 Bed Room1BR,1BA$2.80
Satoshi Sol-FULLY FURNISHED AND ALL INCLUSIVEStudio1BR,1BA$2.84
The WaylandStudio West Tower PremiumStudio ,1BA$3.07

Frequently Asked Questions about University Park - South Downtown

What type of rentals are currently available in University Park - South Downtown?

There are currently 397 Apartments for Rent in University Park - South Downtown, FL with pricing that ranges from $1,200 to $20,291. There are also 118 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Park - South Downtown ranging from $1,100 to $13,000.

What is the current price range for Rental Homes in University Park - South Downtown?

Today's rental pricing for Homes for Rent, Condos and Townhomes in University Park - South Downtown ranges from $1,100 to $13,000 with an average monthly rent of $4,690.

How much are larger Three and Four Bedroom Rentals in University Park - South Downtown?

For those who are looking for larger living arrangements, Three Bedroom Apartments in University Park - South Downtown range from $2,895 to $20,291, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $11,800. Four Bedroom Single-Family rentals are also available starting from $2,150 and Four Bedroom Apartments start at $10,000.

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

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

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.