Cheap Apartments for Rent in St. Petersburg, FL from $400 (143 Rentals)

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Search the lowest-cost Apartments available for rent right now in St. Petersburg.

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property at 953 12th Ave S

953 12th Ave S

St. PetersburgFL33705

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St. Petersburg, FL Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in St. Petersburg, FL

Pricing Updated: 07/31/2025

Current apartment rentals in the St. Petersburg, FL area range in price from $995 to $33,360 with an overall median price of $9,795. The three St. Petersburg neighborhoods with the lowest median rent pricing are Uptown St Petersburg at $1,100, Midtown St Petersburg at $1,095, and Allendale at $1,349. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for St. Petersburg Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Uptown St Petersburg$1,797$1,1006
Midtown St Petersburg$1,825$1,09511
Allendale$1,899$1,3492
Tyrone Park$2,200$1,09550
Lakewood$2,395$1,25029
Bear Creek$2,540$1,09547
Gandy$2,640$1,14857
Mangrove Bay$2,799$1,252110
Weedon Island$2,800$1,148107
Central Oak Park$3,000$1,20011

Cheapest Available St. Petersburg Apartments for Rent

 

The cheapest available apartment rental in St. Petersburg, FL is a 1 Bed unit found at Lincoln Shores Apartments in the Brighton Bay neighborhood priced from $1,088. Reserve at Lake Pointe Apartments and Townhomes in the Bayview neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here is today’s list of the most affordable St. Petersburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lincoln Shores ApartmentsA11BR,1BA$1,088
Reserve at Lake Pointe Apartments and TownhomesOne Bedroom1BR,1BA$1,150
The Drake at St. PeteSakonnetStudio,1BA$1,186
Alta Mar at Broadwater ApartmentsCaravel1BR,1BA$1,199
LakesideStudioStudio,1BA$1,200
Nautica ApartmentsThe SternStudio,1BA$1,210
Vantage Point CondominiumsCrest1BR,1BA$1,212
Osprey Pointe1 Bed 1 Bath1BR,1BA$1,225
Park House ApartmentsOne Bedroom One Bath1BR,1BA$1,250
Mandalay on 4th at Baypointe Preserve1 Bedroom 1 Bath1BR,1BA$1,275

Best Value Apartments for Rent in St. Petersburg, FL

As of July 31, 2025 the best value apartment in the St. Petersburg area is the $1.39 price per square foot 1311 24th Ave S Model at 1311 24th Ave S, Unit 2 in the in the Highland Oaks neighborhood starting from $1,850. The second greatest value St. Petersburg apartment is the 1701 14th St S Model at 1701 14th St S, Unit A starting at $1,800 with a $1.64 price per square foot in the Highland Oaks neighborhood. Here is today’s list of the best values for St. Petersburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1311 24th Ave S, Unit 21311 24th Ave S2BR,1BA$1.39
1701 14th St S, Unit A1701 14th St S2BR,1BA$1.64
Kentucky 1414Home2BR,1BA$1.63
Inlet Bay at GatewayPlan B2B2BR,2BA$1.67
Bardmoor PointeTwo Bedroom One Bath w/ washer and dryer2BR,1BA$1.63
Buena Vista2x1U (Buena Vista I)2BR,1BA$1.39
The Waverly2 Beds, 1 Baths2BR,1BA$1.46
Oak Manor ApartmentsTwo Bedroom2BR,1BA$1.60
Enclave at Sabal Pointe Apartments1 bedroom 1 bathroom Upgraded with 870 Square F...1BR,1BA$1.66
Alta Mar at Broadwater ApartmentsCaravel1BR,1BA$1.57

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St. Petersburg Overview

The second largest city in the Tampa Bay area, St. Petersburg is a wonderful locale snug within the heartland of Florida. From a budding industrial job market to the oh-so-scenic beaches, apartments in St. Petersburg offer plenty of excitement and amenities that are sure to please.

Why live in St. Petersburg, FL?

A hot spot with both tourists and residents alike, St. Petersburg is a fantastic place to raise a family and a solid option for young working professionals as well. With easy access to the larger job market and nightlife excitement of Tampa, apartments in St. Petersburg are an ideal mid-point to a large number of Florida opportunities. Oceanside beauty abounds, and the locals are as likely to help you change a tire as they are to spin a humorous yarn around a few pints at the bar. This 'Sunshine City' is truly a bright example of Florida living at its finest.

Best Local Schools in
St. Petersburg, FL

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore St. Petersburg, FL Rentals by Map

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See the most popular apartments and homes in St. Petersburg, FL

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Getting Around St. Petersburg, FL

Walk Score®

66 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

70 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

38 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap St. Petersburg Apartments

What is a cheap apartment in St. Petersburg?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in St. Petersburg is under $1,275.

What is the price of a cheap apartment in St. Petersburg?

The cheapest apartment in St. Petersburg is Lincoln Shores Apartments which is listed at $1,148, while the average apartment in St. Petersburg costs $9,795.

What types of apartments are the cheapest in St. Petersburg?

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 49 regular apartments in St. Petersburg 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 St. Petersburg?

Cheap apartments in St. Petersburg have an average cost of $646 which is $9,149 cheaper than the average rent for all rentals in St. Petersburg.

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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A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in Tampa

Written by: Vickie Ferguson

Hi, and welcome to ApartmentHomeLiving.com, we're here to provide you with all the information you need about top areas in and around Tampa that are great choices to call home.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.