Cheap Apartments for Rent in St. Petersburg, FL from $400 (170 Rentals)

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Search the lowest-cost Apartments available for rent right now in St. Petersburg.

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property at 720 7th Ave N

720 7th Ave N

St. PetersburgFL33701

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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property at 844 5th Ave S

844 5th Ave S

St. PetersburgFL33701
property at 5357 81st St N

5357 81st St N

St. PetersburgFL33709
property at 3316 31st Ave N

3316 31st Ave N

St. PetersburgFL33713
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St. Petersburg, FL Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in St. Petersburg, FL

Pricing Updated: 04/27/2025

Current apartment rentals in the St. Petersburg, FL area range in price from $750 to $19,430 with an overall median price of $4,654. The three St. Petersburg neighborhoods with the lowest median rent pricing are Bay Pines at $1,795, Azalea at $1,995, and Mangrove Bay at $1,259. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for St. Petersburg Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Bay Pines$1,795$1,7951
Azalea$1,995$1,9951
Mangrove Bay$2,120$1,25970
Bear Creek$2,485$1,6954
Azalea Homes$2,719$1,21017
Tyrone Park$2,719$1,21027
Gandy$2,779$1,16483
Mobel Americana$2,779$1,38298
Allendale$2,789$99537
Long Bayou$2,820$1,14961

Cheapest Available St. Petersburg Apartments for Rent

 

The cheapest available apartment rental in St. Petersburg, FL is a 1 Bed unit found at Eveningside Apartments in the Bayview neighborhood priced from $1,050. Reserve at Lake Pointe Apartments and Townhomes in the Bayview neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,080. Here is today’s list of the most affordable St. Petersburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Eveningside Apartments1 BR/ 1 BATH1BR,1BA$1,050
Reserve at Lake Pointe Apartments and TownhomesStudioStudio,1BA$1,080
Sunkist ApartmentsStudioStudio,1BA$1,195
Osprey Pointe1 bed 1 bath Full Reno1BR,1BA$1,195
LakesideStudioStudio,1BA$1,200
Nautica ApartmentsThe SternStudio,1BA$1,210
The Waverly1 Beds, 1 Baths1BR,1BA$1,249
Trellis at the LakesMagdalene - 1 BR / 1 BA1BR,1BA$1,249
Lincoln Shores ApartmentsA11BR,1BA$1,250

Best Value Apartments for Rent in St. Petersburg, FL

As of April 27, 2025 the best value apartment in the St. Petersburg area is the $1.65 price per square foot 1311 24th Ave S Model at 1311 24th Ave S, Unit 2 in the in the Highland Oaks neighborhood starting from $2,200. The second greatest value St. Petersburg apartment is the LEASED Model at Pacific starting at $1,895 with a $1.58 price per square foot in the Highland Oaks neighborhood. Here is today’s list of the best values for St. Petersburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1311 24th Ave S, Unit 21311 24th Ave S2BR,1BA$1.65
PacificLEASED3BR,2BA$1.58
Kentucky 1414Home2BR,1BA$1.63
1840 2nd Ave N1840 2nd Ave N2BR,1BA$1.50
Nordica VillageWoodlawn1BR,1BA$1.53
Oak Manor ApartmentsTwo Bedroom2BR,1BA$1.60
Lakeshore Apartments2 BedRoom 1 Bath2BR,1BA$1.69
Belcher Park Apartments2 Bedroom, 1 Bathroom2BR,1BA$1.69
Marisol Vista Apartment HomesA11BR,1BA$1.68
The Waverly1 Beds, 1 Baths1BR,1BA$1.56

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St. Petersburg Overview

The second largest city in the Tampa Bay area, St. Petersburg is a wonderful locale snug within the heartland of Florida. From a budding industrial job market to the oh-so-scenic beaches, apartments in St. Petersburg offer plenty of excitement and amenities that are sure to please.

Why live in St. Petersburg, FL?

A hot spot with both tourists and residents alike, St. Petersburg is a fantastic place to raise a family and a solid option for young working professionals as well. With easy access to the larger job market and nightlife excitement of Tampa, apartments in St. Petersburg are an ideal mid-point to a large number of Florida opportunities. Oceanside beauty abounds, and the locals are as likely to help you change a tire as they are to spin a humorous yarn around a few pints at the bar. This 'Sunshine City' is truly a bright example of Florida living at its finest.

Best Local Schools in
St. Petersburg, FL

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore St. Petersburg, FL Rentals by Map

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See the most popular apartments and homes in St. Petersburg, FL

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Getting Around St. Petersburg, FL

Walk Score®

66 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

70 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

38 / 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 St. Petersburg Apartments

What is a cheap apartment in St. Petersburg?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in St. Petersburg is under $1,250.

What is the price of a cheap apartment in St. Petersburg?

The cheapest apartment in St. Petersburg is Eveningside Apartments which is listed at $1,050, while the average apartment in St. Petersburg costs $4,654.

What types of apartments are the cheapest in St. Petersburg?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in St. Petersburg that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in St. Petersburg?

Cheap apartments in St. Petersburg have an average cost of $380 which is $4,274 cheaper than the average rent for all rentals in St. Petersburg.

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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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.