Welcome to Tampa, Florida, a city known for its diverse culture, beautiful waterfronts, and mix of neighborhoods. Tampa offers a variety of living experiences, from fast-paced urban centers to serene suburban retreats. The city's thriving economy and sunny weather make it an attractive place to live.
Looking for places to live in Tampa can be hard when you’re on a budget. If you want to experience all that Tampa offers without breaking the bank, you're in luck. We've compiled a list of the five most affordable neighborhoods so that you can move to Tampa at a reasonable price.
The five cheapest neighborhoods in Tampa in 2024 are:
Oak Grove
- Average 1-bedroom rent in Tampa: $1,606/month
- Average 1-bedroom rent in Oak Grove: $1,316/month
- Median Home Value in Oak Grove: $390,000
Oak Grove is a charming neighborhood known for its tree-lined streets and welcoming environment. Oak Grove offers a sense of community just a short drive from downtown Tampa.
Things to do in Oak Grove, FL
In Oak Grove, you'll find plenty of green spaces and parks perfect for outdoor enthusiasts. The local Egypt Lake Recreation Center is a favorite spot for picnics, jogging, and family outings. The neighborhood is close to a variety of restaurants and shopping centers, perfect for those who enjoy a fun day out. Don't miss a visit to the nearby Lowry Park Zoo, where you can spend the day exploring wildlife.
Transportation
Residents enjoy easy access to I-275, streamlining the commute to work or exploring the city.
University Square
- Average 1-bedroom rent in Tampa: $1,606/month
- Average 1-bedroom rent in University Square: $1,171/month
- Median Home Value in University Square: $265,000
University Square is a bustling neighborhood located near the University of South Florida, making it a popular choice. With a population of approximately 12,000, according to Niche.com, this area offers a lively atmosphere with plenty of amenities.
Things to do in University Square, FL
This neighborhood is home to several cultural and outdoor attractions. Visit the USF Contemporary Art Museum for a dose of artistic inspiration, or enjoy a day of science exploration at the Museum of Science & Industry (MOSI). For a relaxing afternoon in nature, head to the USF Botanical Gardens. University Square also boasts numerous dining options, from casual eateries to fine dining establishments. For shopping enthusiasts, University Mall offers a one-stop shop.
Transportation
University Square offers excellent transportation options, including bus routes and proximity to major highways like I-75 and I-275.
North Tampa
- Average 1-bedroom rent in Tampa: $1,606/month
- Average 1-bedroom rent in North Tampa: $1,307/month
- Median Home Value in North Tampa: $450,000
North Tampa is a diverse and dynamic neighborhood offering a range of housing options and amenities. This area provides a suburban feel while still being connected to the heart of the city.
Things to do in North Tampa, FL
North Tampa is rich in recreational opportunities and local attractions. Busch Gardens Tampa Bay, a world-renowned theme park, is located nearby and offers thrilling rides and animal exhibits. For nature lovers, the Hillsborough River State Park provides hiking trails, fishing spots, and picnic areas. The neighborhood also features various shopping centers and dining options, catering to a wide array of tastes and preferences.
Transportation
North Tampa is conveniently located near I-275 and Route 41, allowing residents straightforward travel throughout Tampa.
Carrollwood
- Average 1-bedroom rent in Tampa: $1,606/month
- Average 1-bedroom rent in Carrollwood: $1,406/month
- Median Home Value in Carrollwood: $403, 000
Carrollwood is a well-established neighborhood known for its comfortable suburban lifestyle and top-rated schools. With a population of around 36,000, according to Niche.com, Carrollwood offers a peaceful environment with plenty of amenities.
Things to do in Carrollwood, FL
Residents of Carrollwood enjoy a variety of leisure activities. The Carrollwood Cultural Center hosts numerous events, including music performances, art exhibitions, and community theater productions. For outdoor fun, head to Carrollwood Village Park, which features walking trails, a playground, and a dog park. The neighborhood also offers a range of dining options, from steakhouses to bagel shops, ensuring you have everything you need within reach.
Transportation
The area is well-connected by major roads like Dale Mabry Highway and Veterans Expressway.
Tampa Palms
- Average 1-bedroom rent in Tampa: $1,606/month
- Average 1-bedroom rent in Tampa Palms: $1,394/month
- Median Home Value in Tampa Palms: $460,000
Tampa Palms is situated in the northern part of Tampa and offers both luxury and affordability. This area is known for its beautiful landscapes and well-maintained properties.
Things to do in Tampa Palms, FL
Tampa Palms boasts a range of recreational activities and attractions. The neighborhood is home to the Tampa Palms Golf & Country Club, where residents can enjoy golfing, tennis, and social events. Lettuce Lake Park, bordered by the Hillsborough River, offers rental canoes and kayaks and extensive hiking trails. Tampa Palms also has many locally owned shops and restaurants, ensuring you have plenty of options for entertainment and leisure.
Transportation
Residents enjoy easy access to I-75, making traveling to downtown Tampa and other parts of the city convenient.
Make the Most of Your Move with Apartments.com
Whether you’re dropping in for a short-term lease or hoping to set down roots, Apartments.com has the tools to help you find an affordable apartment easily. Navigate housing across neighborhoods with our customized search engine. Once you find the perfect location, narrow the search within a price range that works for you.
No matter the budget, the options are endless with Apartments.com. Ready to get started? Pay less, live more, and rent on.
Apartment rent data provided by CoStar Group’s June 2024 reports.
