Cheap Apartments for Rent in St. Petersburg, FL from $400 (171 Rentals)

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

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

property at 4601 22nd Ave S

4601 22nd Ave S

St. PetersburgFL33711
property at 844 5th Ave S

844 5th Ave S

St. PetersburgFL33701
property at 3700 Haines Rd N

3700 Haines Rd N

St. PetersburgFL33704
property at 2345 13th St S

2345 13th St S

St. PetersburgFL33702

St. Petersburg, FL Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in St. Petersburg, FL

Pricing Updated: 02/28/2025

Current apartment rentals in the St. Petersburg, FL area range in price from $1,000 to $9,818 with an overall median price of $3,100. The three St. Petersburg neighborhoods with the lowest median rent pricing are Azalea at $1,195, Bear Creek at $1,450, and Mangrove Bay at $1,210. 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
Azalea$1,195$1,19531
Bear Creek$1,812$1,45082
Mangrove Bay$2,180$1,2101322
Lakewood$2,215$1,0854792
Central Oak Park$2,700$1,1004060
Azalea Homes$2,704$1,195730
Tyrone Park$2,704$1,195820
Long Bayou$2,741$1,0751672
Allendale$2,839$1,3451158
Roser Park$2,850$1,30088

Cheapest Available St. Petersburg Apartments for Rent

 

The cheapest available apartment rental in St. Petersburg, FL is a Studio unit found at Reserve at Lake Pointe Apartments and Townhomes in the Bayview neighborhood priced from $1,085. Pelican Lake in the Country Haven neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,131. Here is today’s list of the most affordable St. Petersburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Reserve at Lake Pointe Apartments and TownhomesStudioStudio,1BA$1,085
Pelican LakeS1Studio,1BA$1,131
LakesideStudioStudio,1BA$1,200
The MeadowsEfficiencyStudio,1BA$1,210
Enclave at Sabal Pointe Apartments1 bedroom 1 bath Apartment with 870 Square Feet...1BR,1BA$1,235
The Drake at St. PeteSakonnetStudio,1BA$1,251
Zura BayThe SignatureStudio,1BA$1,295
Osprey Pointe1 bed 1 bath Full Reno1BR,1BA$1,295

Best Value Apartments for Rent in St. Petersburg, FL

As of March 01, 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 1X1 - Renovated Model at Calais Park Apartments starting at $2,099 with a $1.68 price per square foot in the Council of Cona 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
Calais Park Apartments1X1 - Renovated1BR,1BA$1.68
Enclave at Sabal Pointe Apartments2x2 Fully Renovated with 1200 Square Feet of Li...2BR,2BA$1.43
Bardmoor Villas2BR/1.0BA2BR,1BA$1.58
Nordica VillageAllendale1BR,1BA$1.53
Buena Vista2x1U (Buena Vista I)2BR,1BA$1.53
Oak Manor ApartmentsTwo Bedroom2BR,1BA$1.60
Belcher Park Apartments2 Bedroom, 1 Bathroom2BR,1BA$1.55
Lakeshore Apartments2 BedRoom 1 Bath2BR,1BA$1.69
The Waverly1 Beds, 1 Baths1BR,1BA$1.62

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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.

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

Explore St. Petersburg, FL Rentals by Map

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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

Frequently Asked Questions about Cheap St. Petersburg Apartments

What is the Cheapest Studio apartment in St. Petersburg?

Currently the most affordable Cheap Studio Apartment in St. Petersburg is at Reserve at Lake Pointe Apartments and Townhomes listed at $1,085.

How much is rent for a Cheap One Bedroom St. Petersburg Apartment?

The lowest price for a Cheap One Bedroom St. Petersburg Apartment is $1,190 at Reserve at Lake Pointe Apartments and Townhomes.

What is the lowest price for a Cheap Two Bedroom St. Petersburg Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in St. Petersburg is starting from $1,365 at Reserve at Lake Pointe Apartments and Townhomes.

What is the most affordable St. Petersburg Three Bedroom Apartment?

The best deal on a cheap St. Petersburg Three Bedroom Apartment rental is at Alta Mar at Broadwater Apartments and starts from $1,963.

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.

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A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in Tampa

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