Cheap Homes for Rent in Melrose-Mercy Neighborhood of St. Petersburg, FL from $1,000 (38 Rentals)

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

Search the lowest-cost Homes available for rent right now in the Melrose-Mercy area of 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

Read Article
property at 525 9th Ave N

525 9th Ave N

St. PetersburgFL33701
property at 470 3rd St S

470 3rd St S

St. PetersburgFL33701
Showing Results 1-38, Page 1 of 1

Melrose-Mercy, St. Petersburg, FL Local Guide

Cheapest Available Melrose-Mercy Apartments for Rent

 

The cheapest available apartment rental in the Melrose-Mercy area of Tampa, FL is a Studio unit found at Lakeside priced from $1,200. The Wayland has the second lowest priced unit, which is a Studio apartment currently listed from $1,289. Here are the most affordable Melrose-Mercy apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
LakesideStudioStudio,1BA$1,200
The WaylandStudio, One Bath North DeluxeStudio,1BA$1,289
Alta Mar at Broadwater ApartmentsCaravel1BR,1BA$1,361
The Atlas Apartments- SabalRenovated Apartments!1BR,1BA$1,395
Fountain Court Apartments1 bedroom1BR,1BA$1,400
1811 9th Ave S1811 9th Ave S2BR,1BA$1,400
441 3rd Ststudio #6Studio,1BA$1,495
Veranda FlatsRenovated One Bedroom1BR,1BA$1,500

Best Value Apartments for Rent in Melrose-Mercy, FL

As of March 29, 2025 the best value apartment in the Melrose-Mercy 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 Melrose-Mercy apartment is the 2550 10th Ave S Model at 2550 10th Ave S starting at $2,295 with a $1.94 price per square foot in the Bayview neighborhood. Here is today’s list of the best values for Melrose-Mercy 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
2550 10th Ave S2550 10th Ave S4BR,2BA$1.94
Fountain Court Apartments2 bedroom2BR,1BA$1.73
Waterside at Coquina KeyB1BR,1BA$1.76
Alta Mar at Broadwater ApartmentsCaravel1BR,1BA$1.78
Loft at Third Apartments | Renovated 1 & 2 Bedrooms1/1SM1BR,1BA$2.27
1811 9th Ave S1811 9th Ave S2BR,1BA$2.11
Crescent Lake Apartments1 Bed, 1 bath1BR,1BA$2.50
932 Newton Ave S, Unit 12932 Newton Ave SStudio ,1BA$1.67
1846 2nd Ave N, Unit 18461846 2nd Ave N1BR,1BA$2.32

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

Frequently Asked Questions about Melrose-Mercy

What type of rentals are currently available in Melrose-Mercy?

There are currently 645 Apartments for Rent in Melrose-Mercy, FL with pricing that ranges from $995 to $7,810. There are also 162 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melrose-Mercy ranging from $1,000 to $18,000.

What is the current price range for Rental Homes in Melrose-Mercy?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Melrose-Mercy ranges from $1,000 to $18,000 with an average monthly rent of $4,643.

How much are larger Three and Four Bedroom Rentals in Melrose-Mercy?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Melrose-Mercy range from $1,550 to $6,253, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $11,000. Four Bedroom Single-Family rentals are also available starting from $1,940 and Four Bedroom Apartments start at $2,700.

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.