Cheap Homes for Rent in Pennington Village Neighborhood of Tampa, FL from $1,200 (14 Rentals)

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Search the lowest-cost Homes 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

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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 Park at Lake Magdalene Apartments and Townhomes priced from $1,100. St. James Crossing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,220. Here are the most affordable Pennington Village apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
Park at Lake Magdalene Apartments and TownhomesStudioStudio,1BA$1,100
St. James Crossing1A1BR,1BA$1,220
PalenciaBarcelona1BR,1BA$1,239
Sabal PalmA11BR,1BA$1,316
Northgreen at Carrollwood11BR,1BA$1,323

Best Value Apartments for Rent in Pennington Village, FL

As of April 06, 2025 the best value apartment in the Pennington Village area is the $1.37 price per square foot 5569 Pentail Cir Model at 5569 Pentail Cir in the in the Mid Village neighborhood starting from $2,779. The second greatest value Pennington Village apartment is the 12526 Cardiff Dr Model at 12526 Cardiff Dr starting at $2,915 with a $1.71 price per square foot in the Citrus Park Town Center 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.
5569 Pentail Cir5569 Pentail Cir4BR,2BA$1.37
12526 Cardiff Dr12526 Cardiff Dr4BR,2.5BA$1.71
4706 Ashton Ct4706 Ashton Ct3BR,2BA$1.86
16123 Dawnview Dr16123 Dawnview Dr2BR,2.5BA$1.47
13116 Carrollwood Creek Dr13116 Carrollwood Creek Dr4BR,2BA$1.73
3224 Saddlebrook Ave3224 Saddlebrook Ave3BR,1BA$1.56
Cypress Grand Apartments2x22BR,2BA$1.84
Lofton Place ApartmentsCantebury Fully Renovated 232BR,1BA$1.66
MAA BelmereThe Regent1BR,1BA$1.73
The Landings At Cypress Meadows$1.86/sq.ft. - One Bedroom1BR,1BA$1.86

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Frequently Asked Questions about Pennington Village

What type of rentals are currently available in Pennington Village?

There are currently 32 Apartments for Rent in Pennington Village, FL with pricing that ranges from $875 to $6,160. There are also 67 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pennington Village ranging from $1,250 to $7,700.

What is the current price range for Rental Homes in Pennington Village?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Pennington Village ranges from $1,250 to $7,700 with an average monthly rent of $2,759.

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.

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.

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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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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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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.