Cheap Apartments for Rent in the South Peninsula Neighborhood of Saint Petersburg, FL from $400 (137 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Peninsula area of Saint 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

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property at 844 5th Ave S

844 5th Ave S

St. PetersburgFL33701
property at 3700 Haines Rd N

3700 Haines Rd N

St. PetersburgFL33704
Showing Results 1-50, Page 1 of 3

South Peninsula, St. Petersburg, FL Local Guide

Cheapest Available South Peninsula Apartments for Rent

 

The cheapest available apartment rental in the South Peninsula area of St. Petersburg, FL is a 1 Bed unit found at Reserve at Lake Pointe Apartments and Townhomes priced from $1,155. Sunkist Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,195. Here are the most affordable South Peninsula apartments for rent in St. Petersburg, FL:

Apartment ListingModel NameBed/BathPriced From
Reserve at Lake Pointe Apartments and TownhomesOne Bedroom1BR,1BA$1,155
Sunkist ApartmentsStudioStudio,1BA$1,195
LakesideStudioStudio,1BA$1,200
Trellis at the LakesKeystone- 1 BR / 1 BA1BR,1BA$1,225
Osprey Pointe1 bed 1 bath Full Reno1BR,1BA$1,245
The Waverly1 Beds, 1 Baths1BR,1BA$1,249

Best Value Apartments for Rent in South Peninsula, FL

As of April 04, 2025 the best value apartment in the South Peninsula area is the $1.56 price per square foot 1295 Savona Dr Model at 1295 Savona Dr in the in the Brighton Bay neighborhood starting from $3,600. The second greatest value South Peninsula apartment is the 4618 Castile Way S Model at 4618 Castile Way S starting at $2,955 with a $1.58 price per square foot in the Bayview neighborhood. Here is today’s list of the best values for South Peninsula apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1295 Savona Dr1295 Savona Dr3BR,3BA$1.56
4618 Castile Way S4618 Castile Way S3BR,2BA$1.58
7210 51st Ave N7210 51st Ave N3BR,2BA$1.59
PacificLEASED3BR,2BA$1.58
Enclave at Sabal Pointe Apartments2 bedroom 2 bath Apartment with 1200 Square Fee...2BR,2BA$1.30
Bardmoor Villas2BR/1.0BA2BR,1BA$1.58
Nordica VillageAllendale1BR,1BA$1.53
Reserve at Lake Pointe Apartments and TownhomesTwo Bedroom2BR,1BA$1.56
Belcher Park Apartments2 Bedroom, 1 Bathroom2BR,1BA$1.55
The Waverly1 Beds, 1 Baths1BR,1BA$1.56

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Pet Friendly Lifestyle
South Peninsula, Saint Petersburg, FL

Ranked #1

Among neighborhoods in Saint Petersburg, FL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
South Peninsula, Saint Petersburg, FL

School data provided by Great Schools

Best Local Schools in
South Peninsula, Saint Petersburg, FL

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Central St. Petersburg, FL. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and much more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap South Peninsula Apartments

What is the Cheapest Studio apartment in South Peninsula?

Currently the most affordable Cheap Studio Apartment in South Peninsula is at Sunkist Apartments listed at $1,195.

How much is rent for a Cheap One Bedroom South Peninsula Apartment?

The lowest price for a Cheap One Bedroom South Peninsula Apartment is $1,155 at Reserve at Lake Pointe Apartments and Townhomes.

What is the lowest price for a Cheap Two Bedroom South Peninsula Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in South Peninsula is starting from $1,395 at Belcher Park Apartments.

What is the most affordable South Peninsula Three Bedroom Apartment?

The best deal on a cheap South Peninsula Three Bedroom Apartment rental is at The Meadows and starts from $1,895.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

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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.

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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

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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.

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