Cheap Apartments for Rent in the Central Peninsula Neighborhood of Clearwater, FL from $300 (157 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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.

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property at 606 S Betty Ln

$1,295

1 Bedroom, 1 Bath Home for Rent

Available Now

606 S Betty Ln

ClearwaterFL33756
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Avana Coachman
$1,310 - $3,587
Total Monthly Price

Total Monthly Price

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$1,310 - $3,587
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1 to 2 Bedroom Apartments Available Now

Avana Coachman

2481 NE Coachman RdClearwater, FL 33765
Corporate Housing
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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.

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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
  • Utilities Included

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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Jefferson
1 to 3 Bedroom Apartments

Jefferson

121 N Jefferson AveClearwater, FL 33755
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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
  • Utilities Included

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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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 1 Bed unit found at 417 Woodrow Ave priced from $1,095. Springwood Villas has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,099. Here are the most affordable Central Peninsula apartments for rent in Clearwater, FL:

Apartment ListingModel NameBed/BathPriced From
417 Woodrow Ave1 Bed, 1 bath1BR,1BA$1,095
Springwood Villas1 Bed 1 Bath 700 Sq. Ft.1BR,1BA$1,099
Rio Vista VillageA11BR,1BA$1,099
The IndigoStudio 3Studio,1BA$1,116
Somerset Apartments11BR,1BA$1,140
Canterbury Villas ApartmentsStandard One Bed1BR,1BA$1,149
Sandy LaneLakeview1BR,1BA$1,150
Pelican LakeS2 UpgradeStudio,1BA$1,168
Winding Lane ApartmentsOne Bedroom1BR,1BA$1,175
Palmetto on WestThe Evergreen2BR,1BA$1,195

Best Value Apartments for Rent in Central Peninsula, FL

As of April 25, 2026 the best value apartment in the Central Peninsula area is the $1.32 price per square foot 2 Bedroom 2 Bath Model at Mandalay on 4th at Baypointe Preserve in the in the Brighton Bay neighborhood starting from $1,695. The second greatest value Central Peninsula apartment is the 2BR/1.0BA Model at Bardmoor Villas starting at $1,495 with a $1.50 price per square foot in the Cross Bayou 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.
Mandalay on 4th at Baypointe Preserve2 Bedroom 2 Bath2BR,2BA$1.32
Bardmoor Villas2BR/1.0BA2BR,1BA$1.50
Bardmoor PointeTwo Bedroom One Bath w/ washer and dryer2BR,1BA$1.48
3979 43rd Ave N, Unit 43 rd Ave3979 43rd Ave N2BR,1BA$1.53
Park Village ApartmentsMagnolia2BR,2BA$1.53
The Apartments at Oak Creek2 bedroom 2 bath2BR,2BA$1.55
Madison at LargoAnsley1BR,1BA$1.55
The Genesis Apartments2X1 - B1 R2BR,1BA$1.56
Palmetto on WestThe Evergreen2BR,1BA$1.49
Cedar Hollow Apartments2 Bed 780-838 Sq. Ft.2BR,1BA$1.54

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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Best Local Schools in
Central Peninsula, Clearwater, FL

School data provided by Great Schools

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 $1,195.

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

The cheapest apartment in Central Peninsula is 417 Woodrow Ave which is listed at $1,095, while the average apartment in Central Peninsula costs $21,407.

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 97 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 $246 which is $21,161 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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.