Cheap Apartments for Rent in the Terrace Park Neighborhood of Tampa, FL from $500 (30 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Terrace Park 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

close
View Me
12703 N 15th St
2 Bedroom Apartments

12703 N 15th St

12703 N 15th StTampa, FL 33612
  • Utilities Included
close
View Me
Regency Palms
Studio to 2 Bedroom Apartments

Regency Palms

4113 E Linebaugh AveTampa, FL 33617
  • Utilities Included
close
View Me
Stonehenge Village
1 Bedroom Apartments

Stonehenge Village

13136 N 20th StTampa, FL 33612
  • Utilities Included
close
View Me
Andover Club
Studio to 2 Bedroom Apartments

Andover Club

9305 Takomah TrlTampa, FL 33617
  • Utilities Included
close
View Me
Palm Court
1 to 3 Bedroom Apartments

Palm Court

1511 E 131st AveTampa, FL 33612
  • Utilities Included
close
View Me
Park at Rialto
1 to 3 Bedroom Apartments

Park at Rialto

11305 N 51st StTampa, FL 33617
close
View Me
USF Gardens
2 Bedroom Apartments

USF Gardens

2016 E 131st AveTampa, FL 33612
  • Utilities Included
close
View Me
Sandanay Apartments
1 to 2 Bedroom Apartments

Sandanay Apartments

13132 N 19th StTampa, FL 33612
  • Utilities Included
close
View Me
Pine Crest
2 Bedroom Apartments

Pine Crest

11302 N 15th StTampa, FL 33612
close
View Me
La Vista Oaks Apartments
1 to 4 Bedroom Apartments

La Vista Oaks Apartments

12771 Saint James Place DrTampa, FL 33612
  • Utilities Included
close
View Me
Haley Park
1 to 2 Bedroom Apartments

Haley Park

1510 E 130th AveTampa, FL 33612
Senior Living
  • Utilities Included
close
View Me
Tampa Palms
3 Bedroom Apartments

Tampa Palms

1903 E 131st AveTampa, FL 33612
  • Utilities Included
close
View Me
Azure East
1 to 2 Bedroom Apartments

Azure East

1426 Marathon Key DrTampa, FL 33612

Terrace Park, Tampa, FL Local Guide

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 ListingModel NameBed/BathPriced From
Shadow Pines2BR/2.0BA2BR,2BA$940
Park Place at Tampa5x5 Premium5BR,5BA$965
Garden TerraceOne Bedroom One Bath Apartment1BR,1BA$999
Azula NorthA11BR,1BA$999
Riverside Palms1 Bedroom 1 Bath Small1BR,1BA$1,000
Bella Mar Apartment HomesOne Bedroom One Bath - A11BR,1BA$1,039
Azure EastAtlantic1BR,1BA$1,057
Timberfalls Apartment Homes1 Bedroom/1 Bath1BR,1BA$1,100
Mirela North1 Bedroom 1 Bath1BR,1BA$1,149
The LenoxThe MapleStudio,1BA$1,150

Best Value Apartments for Rent in Terrace Park, FL

As of April 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 C1 Model at River Rock Apartments starting at $1,999 with a $1.44 price per square foot in the Terrace Park neighborhood. Here is today’s list of the best values for Terrace Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Standard at TampaHounslow 5 x 45BR,4BA$0.65
River Rock ApartmentsC13BR,2BA$1.44
Shadow Pines3BR/2.0BA3BR,2BA$1.42
Vue Tampa3BR/3BA3BR,3BA$0.67
The River Pointe Apartments3x2 - A13BR,2BA$1.48
Grove at Temple TerraceTwo Bedroom2BR,1BA$1.29
Union on FletcherB12BR,2BA$1.36
The Park at Chesterfield Apartment HomesTHE ASPEN1BR,1BA$1.51
Summit WestPlan A11BR,1BA$1.50
Timberfalls Apartment Homes2 Bedroom/1 Bath2BR,1BA$1.58

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.

decorative image of people with a giant lease agreement

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

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.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.