
Cheap Homes for Rent in Paradise Island Neighborhood of St. Petersburg, FL from $1,700 (19 Rentals)
Search the lowest-cost Homes available for rent right now in the Paradise Island area of St. Petersburg.


1120 Rue Des Chateaux

8921 Blind Pass Rd, Unit 348

7050 Sunset Way

1868 Shore Dr S

8911 Blind Pass Rd

11160 2nd St E

13325 1st St E

7400 Sun Island Dr S
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

10369 Paradise Blvd, Unit 1

250 126th Ave, Unit 207

7165 14th Ave S

6800 20th Ave N

680 71st Ave

555 69th Ave

500 Treasure Island Causeway

6647 Hibiscus Ave S

10375 Paradise Blvd
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

6771 Park St S
Paradise Island, St. Petersburg, FL Local Guide

How much does it cost to rent a home in Paradise Island?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Paradise Island 2 Bedroom Homes for Rent | $3,247 | $1,800 | $10,000+ |
Paradise Island 3 Bedroom Homes for Rent | $5,139 | $2,600 | $10,000+ |
Paradise Island 4 Bedroom Homes for Rent | $8,208 | $3,750 | $10,000+ |
Paradise Island 5 Bedroom Homes for Rent | $15,823 | $4,295 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Paradise Island Neighborhood of St. Petersburg, FL.
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Paradise Island, St. Petersburg, FL Local Guide
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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 Nautica Apartments priced from $1,210. The Drake at St. Pete has the second lowest priced unit, which is a Studio apartment currently listed from $1,323. Here are the most affordable Paradise Island apartments for rent in Tampa, FL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Nautica Apartments | The Stern | Studio,1BA | $1,210 |
The Drake at St. Pete | Sakonnet | Studio,1BA | $1,323 |
Park House Apartments | One Bedroom One Bath | 1BR,1BA | $1,350 |
Lakeshore Apartments | 2 BedRoom 1 Bath | 2BR,1BA | $1,525 |
2820 DuPont St S | 203 | 2BR,1BA | $1,750 |
Best Value Apartments for Rent in Paradise Island, FL
As of April 29, 2025 the best value apartment in the Paradise Island area is the $1.89 price per square foot 345 Capri Blvd Model at 345 Capri Blvd, Unit 4 in the in the Isle of Capri neighborhood starting from $4,000. The second greatest value Paradise Island apartment is the B2 Model at Waters Pointe starting at $2,260 with a $2.23 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
345 Capri Blvd, Unit 4 | 345 Capri Blvd | 3BR,3BA | $1.89 |
Waters Pointe | B2 | 2BR,2BA | $2.23 |
2820 DuPont St S | 203 | 2BR,1.5BA | $1.94 |
Lakeshore Apartments | 2 BedRoom 1 Bath | 2BR,1BA | $1.69 |
Park House Apartments | One Bedroom One Bath | 1BR,1BA | $2.27 |
Nautica Apartments | The Stern | Studio ,1BA | $2.69 |
The Drake at St. Pete | Sakonnet | Studio ,1BA | $2.94 |
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Frequently Asked Questions about Paradise Island
What type of rentals are currently available in Paradise Island?
There are currently 216 Apartments for Rent in Paradise Island, FL with pricing that ranges from $1,210 to $19,430. There are also 93 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paradise Island ranging from $1,700 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 $1,700 to $23,000 with an average monthly rent of $7,004.
How much are larger Three and Four Bedroom Rentals in Paradise Island?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Paradise Island range from $2,670 to $8,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,600 to $14,000. Four Bedroom Single-Family rentals are also available starting from $3,750 and Four Bedroom Apartments start at $10,000.
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.

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.

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.

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.

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.