
Cheap Apartments for Rent in the Terrace Park Neighborhood of Tampa, FL from $400 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Terrace Park area of Tampa.


River Pines Senior Apartments 55+

Armature Place

Garden Terrace

Regency Square Apartments

Azula North

Riverside Palms

4139 Dolphin Dr
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
Terrace Park, Tampa, FL Local Guide

How much does it cost to rent an apartment in Terrace Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Terrace Park Studio Apartments | $1,346 | $735 | $1,875 |
Terrace Park 1 Bedroom Apartments | $1,345 | $465 | $2,879 |
Terrace Park 2 Bedroom Apartments | $1,533 | $536 | $5,626 |
Terrace Park 3 Bedroom Apartments | $1,656 | $600 | $5,134 |
Terrace Park 4 Bedroom Apartments | $1,085 | $649 | $2,890 |
Browse Apartments in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the Terrace Park Neighborhood of Tampa, FL.
See all Apartments in TampaExplore Tampa
Terrace Park, Tampa, FL Local Guide
- Nearby Tampa neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Terrace Park Apartments for Rent
 The cheapest available apartment rental in the Terrace Park area of Tampa, FL is a 2 Beds unit found at Shadow Pines priced from $940. Park Place at Tampa has the second lowest priced unit, which is a 5 Beds apartment currently listed from $965. Here are the most affordable Terrace Park apartments for rent in Tampa, FL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Shadow Pines | 2BR/2.0BA | 2BR,2BA | $940 |
Park Place at Tampa | 5x5 Premium | 5BR,5BA | $965 |
Garden Terrace | Studio Apartment | Studio,1BA | $988 |
Azula North | A1 | 1BR,1BA | $999 |
Riverside Palms | 1 Bedroom 1 Bath Small | 1BR,1BA | $1,000 |
Best Value Apartments for Rent in Terrace Park, FL
As of March 14, 2025 the best value apartment in the Terrace Park area is the $0.65 price per square foot Hounslow 5 x 4 Model at The Standard at Tampa in the in the University Square neighborhood starting from $965. The second greatest value Terrace Park apartment is the 3BR/2.0BA Model at Shadow Pines starting at $1,700 with a $1.42 price per square foot in the University Square neighborhood. Here is today’s list of the best values for Terrace Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Standard at Tampa | Hounslow 5 x 4 | 5BR,4BA | $0.65 |
Shadow Pines | 3BR/2.0BA | 3BR,2BA | $1.42 |
Vue Tampa | 3BR/3BA | 3BR,3BA | $0.74 |
River Rock Apartments | B1 | 2BR,2BA | $1.58 |
Seastone Apartments | B1 | 2BR,2BA | $1.58 |
Palm Flats Apartments | 2/2 | 2BR,2BA | $1.44 |
Grove at Temple Terrace | Two Bedroom | 2BR,1BA | $1.29 |
Union on Fletcher | B1 | 2BR,2BA | $1.36 |
The Park at Chesterfield Apartment Homes | THE BELLFLOWER | 1BR,1BA | $1.47 |
Timberfalls Apartment Homes | 1 Bedroom/1 Bath | 1BR,1BA | $1.37 |
Quick 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.
Lifestyle Ratings
ApartmentHomeLiving.com compares millions of points of data 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 are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, features that make it easier to raise kids, raising pets, transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Getting Around the Terrace Park Neighborhood in Tampa, FL
Walk Score®
71 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
59 / 100
Bikeable
Some bike infrastructure
Transit Score®
32 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Terrace Park Apartments
What is the Cheapest Studio apartment in Terrace Park?
Currently the most affordable Cheap Studio Apartment in Terrace Park is at Riverside Palms listed at $1,025.
How much is rent for a Cheap One Bedroom Terrace Park Apartment?
The lowest price for a Cheap One Bedroom Terrace Park Apartment is $999 at Azula North.
What is the lowest price for a Cheap Two Bedroom Terrace Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Terrace Park is starting from $940 at Shadow Pines.
What is the most affordable Terrace Park Three Bedroom Apartment?
The best deal on a cheap Terrace Park Three Bedroom Apartment rental is at Park Place at Tampa and starts from $1,215.
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.