Cheap Apartments for Rent in the Franklin Street Neighborhood of Tampa, FL from $600 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Franklin Street area of Tampa.

The Tempo at Encore

111 S Newport Ave

Apella on Newport

Davis Islands Apartments

The Trio at Encore

Warehouse Lofts
Tampa's Best Affordable Neighborhoods
Learn about Tampa and the best places to live with original content written by our Tampa, FL Local Expert Vickie Ferguson

Casa Marti

Legacy Encore

Innovo Hyde Park

La Unión
Franklin Street, Tampa, FL Local Guide

How much does it cost to rent an apartment in Franklin Street?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Franklin Street Studio Apartments | $2,169 | $1,555 | $3,286 |
Franklin Street 1 Bedroom Apartments | $2,685 | $991 | $5,588 |
Franklin Street 2 Bedroom Apartments | $3,618 | $1,088 | $7,568 |
Franklin Street 3 Bedroom Apartments | $4,163 | $1,258 | $10,000+ |
Franklin Street 4 Bedroom Apartments | $1,671 | $1,459 | $2,325 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 1 mile radius of the Franklin Street Neighborhood of Tampa, FL.
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Franklin Street, Tampa, FL Local Guide
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Cheapest Available Franklin Street Apartments for Rent
 The cheapest available apartment rental in the Franklin Street area of Tampa, FL is a 1 Bed unit found at Mobley Park priced from $991. Apella on Newport has the second lowest priced unit, which is a 6 Beds apartment currently listed from $1,430. Here are the most affordable Franklin Street apartments for rent in Tampa, FL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Mobley Park | Elm | 1BR,1BA | $991 |
Apella on Newport | 6BR/6BA - F2 | 6BR,6BA | $1,430 |
Niche | MS1-O | Studio,1BA | $1,555 |
Warehouse Lofts | Studio | Studio,1BA | $1,595 |
NuMi Living | The Shei | Studio,1BA | $1,599 |
Best Value Apartments for Rent in Franklin Street, FL
As of March 23, 2025 the best value apartment in the Franklin Street area is the $3.30 price per square foot 2 Bedroom 2 Bath 989 sqft (H) Model at Channel Club in the in the Ybor City neighborhood starting from $3,266. The second greatest value Franklin Street apartment is the 311 Como Street Model at Davis Islands Apartments starting at $2,150 with a $2.61 price per square foot in the Historic Ybor neighborhood. Here is today’s list of the best values for Franklin Street apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Channel Club | 2 Bedroom 2 Bath 989 sqft (H) | 2BR,2BA | $3.30 |
Davis Islands Apartments | 311 Como Street | 2BR,1BA | $2.61 |
Apella on Newport | 2BR/2BA - B1 | 2BR,2BA | $2.36 |
Casa Pedroso - Ybor City | 1x1 -Patio | 1BR,1BA | $2.84 |
The Slade at Channelside | One Bedroom with Den A1B | 1BR,1BA | $3.02 |
Bell Channelside | One Bedroom | 1BR,1BA | $2.94 |
Element | Residence 3 - Classic | 1BR,1BA | $3.31 |
616 W Azeele St, Unit #3 | 616 W Azeele St | 1BR,1BA | $2.31 |
Warehouse Lofts | Studio | Studio ,1BA | $2.66 |
Mobley Park | Elm | 1BR,1BA | $1.80 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleFranklin Street, Tampa, FL
Ranked #40
Among neighborhoods in Tampa, FL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in metropolitan areas across the United States, including Tampa. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, transit availability, pet-friendly communities, multifamily communities for the kids, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Franklin Street Apartments
What is a cheap apartment in Franklin Street?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Franklin Street is under $1,800.
What is the price of a cheap apartment in Franklin Street?
The cheapest apartment in Franklin Street is Mobley Park which is listed at $991, while the average apartment in Franklin Street costs $4,142.
What types of apartments are the cheapest in Franklin Street?
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 12,739 regular apartments in Franklin Street 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 Franklin Street?
Cheap apartments in Franklin Street have an average cost of $863 which is $3,279 cheaper than the average rent for all rentals in Franklin Street.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.