Cheap Apartments for Rent in the Central Peninsula Neighborhood of Clearwater, FL from $300 (158 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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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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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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Betty Lane Apartments
1 to 2 Bedroom Apartments

Betty Lane Apartments

311 S Betty LnClearwater, FL 33756
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The Oasis
Studio to 3 Bedroom Apartments

The Oasis

1101 Tuskawilla DrClearwater, FL 33756
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The Standard at 2690
1 to 3 Bedroom Apartments

The Standard at 2690

2690 Drew StClearwater, FL 33759
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The Monarch
Studio to 2 Bedroom Apartments

The Monarch

1520 Jeffords StClearwater, FL 33756
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309 S Arcturas Ave
1 to 2 Bedroom Apartments

309 S Arcturas Ave

309 S Arcturas AveClearwater, FL 33765

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.

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 Indigo priced from $547. Grand Oak has the second lowest priced unit, which is a 2 Beds apartment currently listed from $894. Here are the most affordable Central Peninsula apartments for rent in Clearwater, FL:

Apartment ListingModel NameBed/BathPriced From
The IndigoStudio 1Studio,1BA$547
Grand OakB2 120%2BR,1BA$894
Crossings at 66thOne Bedroom One Bath1BR,1BA$1,100
Somerset Apartments11BR,1BA$1,120
Canterbury Villas ApartmentsStandard One Bed1BR,1BA$1,129
Lexington Club2 Bedroom2BR,2BA$1,131
The Genesis Apartments1X1 - A1 R1BR,1BA$1,133
Central Park at East Bay1 Bed - Partial1BR,1BA$1,150

Best Value Apartments for Rent in Central Peninsula, FL

As of January 24, 2026 the best value apartment in the Central Peninsula area is the $1.54 price per square foot Sandollar Cove I Model at Bluestone on the Bay in the in the Seville neighborhood starting from $2,066. The second greatest value Central Peninsula apartment is the Palmer Upgraded Model at The Oceanaire starting at $1,666 with a $1.28 price per square foot in the Ulmerton 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.
Bluestone on the BaySandollar Cove I3BR,2BA$1.54
The OceanairePalmer Upgraded2BR,2BA$1.28
994 Druid Rd E, Unit 994994 Druid Rd E2BR,1.5BA$1.54
Bardmoor PointeTwo Bedroom One Bath w/ washer and dryer2BR,1BA$1.42
Allston Lakes ApartmentsTwo Bedroom Two Bath w/ Washer and Dryer2BR,2BA$1.49
Central Park at East Bay1 Bed - Partial1BR,1BA$1.35
Marisol Vista Apartment HomesA11BR,1BA$1.54
15542 Verona Ave, Unit B15542 Verona Ave3BR,1BA$1.35
Palmetto on WestThe Evergreen2BR,1BA$1.52
Lexington Club2 Bedroom2BR,1BA$1.48

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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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 $1,150.

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

The cheapest apartment in Central Peninsula is Crossings at 66th which is listed at $1,100, while the average apartment in Central Peninsula costs $21,594.

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 121 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 $170 which is $21,424 cheaper than the average rent for all rentals in Central Peninsula.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.