
Cheap Apartments for Rent in the Central Peninsula Neighborhood of Clearwater, FL from $300 (159 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Peninsula area of Clearwater.


Total Monthly Price
810 Palm Bluff St, Unit 810 1/2 Palm Bluff

The Indigo

Pelican Lake

119 N Evergreen Ave

Total Monthly Price
Promenade At Belleair Apartments

The Genesis Apartments

Lexington Club

Oakbrook Village Apartments

Melrose on the Bay Apartment Homes
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.

Total Monthly Price
524 Florida Ave

135 N Martin Luther King Jr Ave

Palmetto on West

600 Wildwood Way

311 S Arcturas Ave

807 Turner St

Total Monthly Price
1235 Grove St

Total Monthly Price
1009 Jasmine Way, Unit Apt B

Grande Bay

The Standard Apartments
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.

Total Monthly Price
Bluestone on the Bay

Lindru Gardens

Royal Breeze Apartments

1103 Drew St

1562 S Jefferson Ave

Total Monthly Price
Four Lakes at Clearwater

Madison at Roosevelt

117 N Evergreen Ave

Terraces at Clearwater Beach

1279 Santa Rosa St
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.

1911 Nursery Rd

1718 S Washington Ave

Imperial Gardens

Total Monthly Price
Avana Coachman

The Apartments at Oak Creek

Anthem Clearwater

411 S Nimbus Ave, Unit 3

Total Monthly Price
308 Gunn Ave, Unit 308

Avanda Oaks

1365 Drew St
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.

Wellington Apartments

Santa Rosa Apartments

Liv @ Clearwater North

Jefferson

407 S Jupiter Ave

Royal Orleans Apartments

Madison Point Senior Apartments

Betty Lane Apartments

Creekside Manor I & II Apartments

Garden Trail Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Central Peninsula, Clearwater, FL Local Guide

How much does it cost to rent an apartment in Central Peninsula?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Peninsula Studio Apartments | $1,649 | $1,050 | $6,360 |
| Central Peninsula 1 Bedroom Apartments | $1,823 | $955 | $4,521 |
| Central Peninsula 2 Bedroom Apartments | $2,196 | $1,179 | $5,259 |
| Central Peninsula 3 Bedroom Apartments | $2,906 | $1,405 | $10,000+ |
| Central Peninsula 4 Bedroom Apartments | $6,537 | $2,685 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 159 rentals with your search options within a 2 mile radius of the Central Peninsula Neighborhood of Clearwater, FL.
See all Apartments in ClearwaterExplore Clearwater
Central Peninsula, Clearwater, FL Local Guide
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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 $950. Sandy Lane has the second lowest priced unit, which is a 1 Bed apartment currently listed from $955. Here are the most affordable Central Peninsula apartments for rent in Clearwater, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Oasis | Studio A | Studio,1BA | $950 |
| Sandy Lane | Lakeview | 1BR,1BA | $955 |
| The Indigo | Studio 1 | Studio,1BA | $1,095 |
| Winding Lane Apartments | One Bedroom | 1BR,1BA | $1,095 |
| 417 Woodrow Ave | 1 Bed, 1 bath | 1BR,1BA | $1,095 |
| Crescent Lane | Upstairs | 1BR,1BA | $1,120 |
| Pelican Lake | S1 Upgrade | Studio,1BA | $1,129 |
| 7380 63rd St N | 1 Beds, 1 Baths | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Central Peninsula, FL
As of June 13, 2026 the best value apartment in the Central Peninsula area is the $1.56 price per square foot 3 Bedroom Townhome Model at Whitney Place Townhomes in the in the High Point neighborhood starting from $2,945. The second greatest value Central Peninsula apartment is the B 2x2 1,070 SF Model at Monterey Lakes Apartments starting at $1,675 with a $1.57 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Whitney Place Townhomes | 3 Bedroom Townhome | 3BR,2.5BA | $1.56 |
| Monterey Lakes Apartments | B 2x2 1,070 SF | 2BR,2BA | $1.57 |
| 1601 Turner St | 1601 Turner St | 2BR,1BA | $1.60 |
| Park Village Apartments | Magnolia | 2BR,2BA | $1.53 |
| The Apartments at Oak Creek | 2 bedroom 2 bath | 2BR,2BA | $1.50 |
| Madison at Largo | Ansley | 1BR,1BA | $1.54 |
| The Genesis Apartments | 2X1 - B1 R | 2BR,1BA | $1.57 |
| Palmetto on West | The Evergreen | 2BR,1BA | $1.49 |
| Melrose on the Bay Apartment Homes | One Bedroom | 1BR,1BA | $1.59 |
| 417 Woodrow Ave | 1 Bed, 1 bath | 1BR,1BA | $1.62 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
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 the Cheapest Studio apartment in Central Peninsula?
Currently the most affordable Cheap Studio Apartment in Central Peninsula is at The Oasis listed at $950.
How much is rent for a Cheap One Bedroom Central Peninsula Apartment?
The lowest price for a Cheap One Bedroom Central Peninsula Apartment is $955 at Sandy Lane.
What is the lowest price for a Cheap Two Bedroom Central Peninsula Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Central Peninsula is starting from $1,179 at Lexington Club.
What is the most affordable Central Peninsula Three Bedroom Apartment?
The best deal on a cheap Central Peninsula Three Bedroom Apartment rental is at Bayside Court and starts from $1,538.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.