Cheap Apartments for Rent in the Central Peninsula Neighborhood of Clearwater, FL from $500 (140 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Central Peninsula area of Clearwater.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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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Wellington Apartments
1 to 3 Bedroom Apartments

Wellington Apartments

2900 Drew StClearwater, FL 33759
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Pine Berry Senior
1 to 2 Bedroom Apartments

Pine Berry Senior

1225 S Highland AveClearwater, FL 33756
Senior Living
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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.

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Santa Rosa Apartments
1 to 3 Bedroom Apartments

Santa Rosa Apartments

1270 Santa Rosa StClearwater, FL 33756
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Jefferson
1 to 3 Bedroom Apartments

Jefferson

121 N Jefferson AveClearwater, FL 33755
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Betty Lane Apartments
1 Bedroom Apartments

Betty Lane Apartments

311 S Betty LnClearwater, FL 33756
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The Monarch
Studio to 2 Bedroom Apartments

The Monarch

1520 Jeffords StClearwater, FL 33756
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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1429 Laura St
Studio to 1 Bedroom Apartments

1429 Laura St

1429 Laura StClearwater, FL 33755
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Pearl Cove Apartments
1 Bedroom Apartments

Pearl Cove Apartments

2025 Rogers StClearwater, FL 33764
  • Utilities Included

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

Central Peninsula, Clearwater, FL Local Guide

Cheapest Available Central Peninsula Apartments for Rent

 

The cheapest available apartment rental in the Central Peninsula area of Clearwater, FL is a Studio unit found at The Oasis priced from $899. Indigo has the second lowest priced unit, which is a Studio apartment currently listed from $1,063. Here are the most affordable Central Peninsula apartments for rent in Clearwater, FL:

Apartment ListingModel NameBed/BathPriced From
The OasisStudioStudio,1BA$899
IndigoE1Studio,1BA$1,063
Somerset Apartments11BR,1BA$1,158
Vantage Point CondominiumsCrest1BR,1BA$1,212
Palmetto on WestThe Evergreen2BR,1BA$1,221
Mystic Bay ApartmentsA11BR,1BA$1,229
Lexington Club2 Bedroom2BR,1BA$1,241
Marisol Vista Apartment HomesA11BR,1BA$1,242
Oakbrook Village ApartmentsStudioStudio,1BA$1,255

Best Value Apartments for Rent in Central Peninsula, FL

As of June 28, 2025 the best value apartment in the Central Peninsula area is the $1.52 price per square foot 3X2 - Renovated Model at Calais Park Apartments in the in the Council of Cona neighborhood starting from $2,599. The second greatest value Central Peninsula apartment is the 2 Bed w/ Garage Model at Whitney Place Townhomes starting at $2,595 with a $1.62 price per square foot in the High Point neighborhood. Here is today’s list of the best values for Central Peninsula apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Calais Park Apartments3X2 - Renovated3BR,2BA$1.52
Whitney Place Townhomes2 Bed w/ Garage2BR,2.5BA$1.62
Bluestone on the BaySandollar Cove I3BR,2BA$1.34
3331 Dryer Ave, Unit 33313331 Dryer Ave2BR,1BA$1.60
Buena Vista2x1U (Buena Vista I)2BR,1BA$1.50
Oak Manor ApartmentsTwo Bedroom2BR,1BA$1.60
The OceanaireGilmore Renovated1BR,1BA$1.51
Marisol Vista Apartment HomesA11BR,1BA$1.51
Palmetto on WestThe Evergreen2BR,1BA$1.53
Lexington Club2 Bedroom2BR,1BA$1.62

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.

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Pet Friendly Lifestyle
Central Peninsula, Clearwater, FL

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Central Peninsula, Clearwater, and the greater Clearwater area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, transit availability, pet-friendly communities, family-friendliness, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Central Peninsula Apartments

What is a cheap apartment in Central Peninsula?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Peninsula is under $1,255.

What is the price of a cheap apartment in Central Peninsula?

The cheapest apartment in Central Peninsula is The Oasis which is listed at $999, while the average apartment in Central Peninsula costs $14,195.

What types of apartments are the cheapest in Central Peninsula?

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 21 regular apartments in Central Peninsula 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 Central Peninsula?

Cheap apartments in Central Peninsula have an average cost of $139 which is $14,056 cheaper than the average rent for all rentals in Central Peninsula.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.