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Cheap Apartments for Rent in the Magnolia Heights Neighborhood of Saint Petersburg, FL from $400 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Magnolia Heights area of Saint Petersburg.
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750 Burlington Ave N
St. PetersburgFL33701
1310 28th St N
St. PetersburgFL33713
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$1,1251 Bedroom Apartments Available Jan 1, 2026
2440 25th St N
2440 25th St NSt. Petersburg, FL 33713
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1225 1/2 27th St N
St. PetersburgFL33713
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$1,200 - $1,6501 to 2 Bedroom Apartments Available Now
Waterside Village
3600 49th Ave NSt. Petersburg, FL 33714
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$1,200Studio Apartments Available Now
3525-3550 50th Ave N
3525-3550 50th Ave NSt. Petersburg, FL 33714
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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Studio to 2 Bedroom Apartments
The Plantation Inn
1830 Dr. Martin Luther King Jr St NSt. Petersburg, FL 33704
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Showing Results 1-28, Page 1 of 1
Magnolia Heights, St. Petersburg, FL Local Guide
How much does it cost to rent an apartment in Magnolia Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Magnolia Heights Studio Apartments | $1,754 | $1,050 | $2,162 |
| Magnolia Heights 1 Bedroom Apartments | $1,802 | $1,095 | $3,194 |
| Magnolia Heights 2 Bedroom Apartments | $2,330 | $1,050 | $5,000 |
| Magnolia Heights 3 Bedroom Apartments | $2,507 | $1,017 | $5,750 |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the Magnolia Heights Neighborhood of Saint Petersburg, FL.
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Magnolia Heights, St. Petersburg, FL Local Guide
- Nearby Saint Petersburg neighborhoods
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Cheapest Available Magnolia Heights Apartments for Rent
The cheapest available apartment rental in the Magnolia Heights area of Tampa, FL is a 1 Bed unit found at Baywalk Apartments priced from $1,250. Satoshi Sol-FULLY FURNISHED AND ALL INCLUSIVE has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,295. Here are the most affordable Magnolia Heights apartments for rent in Tampa, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Baywalk Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,250 |
| Satoshi Sol-FULLY FURNISHED AND ALL INCLUSIVE | Studio | 1BR,1BA | $1,295 |
| San Rafael Apartments | 2 | Studio,1BA | $1,295 |
| Loft at Third Apartments | Renovated 1 & 2 Bedroom Apartments | 1/1LG | 1BR,1BA | $1,449 |
| Waterside Village | B2 | 2BR,1BA | $1,450 |
| The Corvette Apartments | 1 Bed Classic | 1BR,1BA | $1,545 |
| Nordica Bay | A3 – 1X1 | 1BR,1BA | $1,549 |
| Calais Park Apartments | 1x1 | 1BR,1BA | $1,562 |
Best Value Apartments for Rent in Magnolia Heights, FL
As of December 25, 2025 the best value apartment in the Magnolia Heights area is the $1.79 price per square foot C1 Model at Booker Creek Apartments in the in the Melrose-Mercy neighborhood starting from $2,209. The second greatest value Magnolia Heights apartment is the Vinoy Model at Nordica Village starting at $1,699 with a $1.39 price per square foot in the Council of Cona neighborhood. Here is today’s list of the best values for Magnolia Heights apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Booker Creek Apartments | C1 | 3BR,2BA | $1.79 |
| Nordica Village | Vinoy | 2BR,1BA | $1.39 |
| Calais Park Apartments | 2X1 - Renovated | 2BR,1BA | $1.98 |
| 2443 4th Ave N, Unit House | 2443 4th Ave N | 2BR,1BA | $2.30 |
| Waterside Village | B2 | 2BR,1BA | $1.65 |
| Loft at Third Apartments | Renovated 1 & 2 Bedroom Apartments | 2/1RH | 2BR,1BA | $2.14 |
| Nordica Bay | A3 – 1X1 | 1BR,1BA | $1.85 |
| 849 58th Avenue Northeast, Unit 849 58th Ave NE | 849 58th Avenue Northeast | 2BR,1BA | $2.49 |
| 3115 54th Ave N, Unit 2 | 3115 54th Ave N | 1BR,1BA | $2.33 |
| Baywalk Apartments | 1 Bed, 1 bath | 1BR,1BA | $2.16 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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.
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Pet Friendly LifestyleMagnolia Heights, Saint Petersburg, FL
Ranked #73
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Magnolia Heights, Saint Petersburg, FL
School data provided by Great Schools
Frequently Asked Questions about Cheap Magnolia Heights Apartments
What is a cheap apartment in Magnolia Heights?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Magnolia Heights is under $1,562.
What is the price of a cheap apartment in Magnolia Heights?
The cheapest apartment in Magnolia Heights is Baywalk Apartments which is listed at $1,250, while the average apartment in Magnolia Heights costs $2,489.
What types of apartments are the cheapest in Magnolia Heights?
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 3 regular apartments in Magnolia Heights 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 Magnolia Heights?
Cheap apartments in Magnolia Heights have an average cost of $235 which is $2,254 cheaper than the average rent for all rentals in Magnolia Heights.
Expert Rental Resources
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.
Articles, How-To's, and Tips
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.
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.