Cheap Apartments for Rent in the Central Peninsula Neighborhood of Clearwater, FL from $300 (170 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.

property at 1355 Drew St

1355 Drew St

ClearwaterFL33755

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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Wellington Apartments
1 to 3 Bedroom Apartments

Wellington Apartments

2900 Drew StClearwater, FL 33759
  • Utilities Included
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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.

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 Park House Apartments priced from $1,050. Altura Largo has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,075. Here are the most affordable Central Peninsula apartments for rent in Clearwater, FL:

Apartment ListingModel NameBed/BathPriced From
Park House ApartmentsOne Bedroom One Bath1BR,1BA$1,050
Altura Largo643 sqft, 1x1, Sand Dollar, Classic1BR,1BA$1,075
The IndigoStudio 3Studio,1BA$1,095
Crossings at 66thOne bedroom One Bath1BR,1BA$1,100
Town PlaceCambridge1BR,1BA$1,122
Canterbury Villas ApartmentsStandard One Bed1BR,1BA$1,129
Lexington Club2 Bedroom2BR,2BA$1,131
Somerset Apartments11BR,1BA$1,135

Best Value Apartments for Rent in Central Peninsula, FL

As of December 07, 2025 the best value apartment in the Central Peninsula area is the $1.42 price per square foot 994 Druid Rd E Model at 994 Druid Rd E, Unit 994 in the in the Island Estate neighborhood starting from $1,850. The second greatest value Central Peninsula apartment is the Vinoy Model at Nordica Village starting at $1,699 with a $1.39 price per square foot in the Council of Cona 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.
994 Druid Rd E, Unit 994994 Druid Rd E2BR,1.5BA$1.42
Nordica VillageVinoy2BR,1BA$1.39
FLORAL GARDENS APARTMENTSModel 2A2BR,2BA$1.36
Central Park at East Bay2 Bed - Partial2BR,1.5BA$1.41
Bardmoor Villas2BR/1.0BA2BR,1BA$1.50
Bardmoor PointeTwo Bedroom One Bath w/ washer and dryer2BR,1BA$1.47
15182 Verona Ave, Unit A15182 Verona Ave3BR,1BA$1.32
Marisol Vista Apartment HomesA11BR,1BA$1.46
Lexington Club2 Bedroom2BR,2BA$1.39
Palmetto on WestThe Evergreen2BR,1BA$1.52

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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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 cities in Florida 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 $1,135.

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

The cheapest apartment in Central Peninsula is Park House Apartments which is listed at $1,050, while the average apartment in Central Peninsula costs $13,654.

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 92 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 $151 which is $13,503 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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.