Cheap Apartments for Rent in the Pennington Village Neighborhood of Tampa, FL from $800 (12 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Pennington Village area of Tampa.

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

Pennington Village, Tampa, FL Local Guide

Cheapest Available Pennington Village Apartments for Rent

 

The cheapest available apartment rental in the Pennington Village area of Tampa, FL is a Studio unit found at Countrywood priced from $1,099. Park at Lake Magdalene Apartments and Townhomes has the second lowest priced unit, which is a Studio apartment currently listed from $1,120. Here are the most affordable Pennington Village apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
CountrywoodStudioStudio,1BA$1,099
Park at Lake Magdalene Apartments and TownhomesStudioStudio,1BA$1,120
PalenciaBarcelona1BR,1BA$1,239
St. James Crossing1A1BR,1BA$1,295
Seven Lakes at CarrollwoodOrchid1BR,1BA$1,318

Best Value Apartments for Rent in Pennington Village, FL

As of March 10, 2025 the best value apartment in the Pennington Village area is the $1.44 price per square foot 15423 Montilla Loop Model at 15423 Montilla Loop in the in the Mid Village neighborhood starting from $2,925. The second greatest value Pennington Village apartment is the 13116 Carrollwood Creek Dr Model at 13116 Carrollwood Creek Dr starting at $2,380 with a $1.72 price per square foot in the Mid Village neighborhood. Here is today’s list of the best values for Pennington Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
15423 Montilla Loop15423 Montilla Loop4BR,2BA$1.44
13116 Carrollwood Creek Dr13116 Carrollwood Creek Dr4BR,2BA$1.72
5621 Pinnacle Heights Cir, Unit 2075621 Pinnacle Heights Cir2BR,2BA$1.72
Cypress Grand Apartments1x11BR,1BA$2.08
MAA BelmereThe Regent1BR,1BA$1.87
Arbors at CarrollwoodA11BR,1BA$2.06
MAA CarrollwoodThe Aster1BR,1BA$1.96
The Landings At Cypress Meadows$1.93/sq.ft. - One Bedroom1BR,1BA$1.93
Sabal PalmA11BR,1BA$2.05
PalenciaBarcelona1BR,1BA$2.07

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Pet Friendly Lifestyle
Pennington Village, Tampa, FL

Ranked #183

Among neighborhoods in Tampa, FL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Florida and customized analysis for Tampa, Florida. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Pennington Village Apartments

What is the Cheapest Studio apartment in Pennington Village?

Currently the most affordable Cheap Studio Apartment in Pennington Village is at Countrywood listed at $1,099.

How much is rent for a Cheap One Bedroom Pennington Village Apartment?

The lowest price for a Cheap One Bedroom Pennington Village Apartment is $1,199 at Countrywood.

What is the lowest price for a Cheap Two Bedroom Pennington Village Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Pennington Village is starting from $1,489 at Palencia.

What is the most affordable Pennington Village Three Bedroom Apartment?

The best deal on a cheap Pennington Village Three Bedroom Apartment rental is at The Landings At Cypress Meadows and starts from $2,095.

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.

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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.

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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.

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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.

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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.