Cheap Homes for Rent in Paradise Island Neighborhood of St. Petersburg, FL from $1,400 (13 Rentals)

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Search the lowest-cost Homes available for rent right now in the Paradise Island area of St. Petersburg.

property at 7321 Central Ave

7321 Central Ave

St. PetersburgFL33710

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 8911 Blind Pass Rd

8911 Blind Pass Rd

St Pete BeachFL33706

Paradise Island, St. Petersburg, FL Local Guide

Cheapest Available Paradise Island Apartments for Rent

 

The cheapest available apartment rental in the Paradise Island area of Tampa, FL is a Studio unit found at The Drake at St. Pete priced from $1,298. Bay Pointe Tower has the second lowest priced unit, which is a Studio apartment currently listed from $1,338. Here are the most affordable Paradise Island apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
The Drake at St. PeteSakonnetStudio,1BA$1,298
Bay Pointe TowerE1Studio,1BA$1,338
Park House ApartmentsOne Bedroom One Bath1BR,1BA$1,350
Nautica ApartmentsThe Galley1BR,1BA$1,430
Lakeshore Apartments2 BedRoom 1 Bath2BR,1BA$1,525

Best Value Apartments for Rent in Paradise Island, FL

As of April 05, 2025 the best value apartment in the Paradise Island area is the $1.61 price per square foot 6680 13th Ave N Model at 6680 13th Ave N in the in the Jungle Terrace neighborhood starting from $2,859. The second greatest value Paradise Island apartment is the B2 Model at Waters Pointe starting at $2,285 with a $2.25 price per square foot in the Corey Ave Bsa neighborhood. Here is today’s list of the best values for Paradise Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
6680 13th Ave N6680 13th Ave N3BR,2BA$1.61
Waters PointeB22BR,2BA$2.25
2820 DuPont St S2032BR,1.5BA$1.94
Lakeshore Apartments2 BedRoom 1 Bath2BR,1BA$1.69
Nautica ApartmentsThe Beacon2BR,1BA$2.17
The Drake at St. PeteSakonnetStudio ,1BA$2.88
Bay Pointe TowerE1Studio ,1BA$3.22

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Frequently Asked Questions about Paradise Island

What type of rentals are currently available in Paradise Island?

There are currently 213 Apartments for Rent in Paradise Island, FL with pricing that ranges from $1,150 to $9,160. There are also 85 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paradise Island ranging from $1,499 to $23,000.

What is the current price range for Rental Homes in Paradise Island?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Paradise Island ranges from $1,499 to $23,000 with an average monthly rent of $6,902.

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.

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.

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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.