Cheap Apartments for Rent in St. Petersburg, FL from $700 (294 Rentals)

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

The Real Cost of Living in Tampa: What You Need to Know Before You Move

From budget-friendly East Tampa to the trendy Channel District, where you live in Tampa makes a big difference in what you pay. Get our local expert's complete cost of living breakdown before you make your move.

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Rent According to Income: A Look at Income-Restricted Rentals

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property at 4925 2nd Ave S
$1,195
1 Bedroom Rentals
Available Now
Affordability

4925 2nd Ave S

St. PetersburgFL33707

Sun, Sand, and a Short Commute: The Renter's Guide to Tampa's Best Neighborhoods

Find the perfect Tampa apartment near where you work. Our local expert breaks down the best neighborhoods near Tampa General Hospital, USF, Raymond James, Tampa International Airport, and more.

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property at 537 2nd St N
$1,245 - $1,295
1 Bedroom Rentals
Available Now
Affordability

537 2nd St N

St. PetersburgFL33701

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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: 09/06/2026

Current apartment rentals in the St. Petersburg, FL area range in price from $700 to $33,592 with an overall median price of $1,959. The three St. Petersburg neighborhoods with the lowest median rent pricing are Midtown St Petersburg at $1,395, Central Oak Park at $1,495, and Tyrone Park at $1,535. 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
Midtown St Petersburg$1,395$70018
Central Oak Park$1,495$1,0955
Tyrone Park$1,535$955105
Azalea$1,537$1,09591
Azalea Homes$1,574$1,09596
Jungle Prada$1,574$1,125103
Lake Euclid$1,586$1,05022
Uptown St Petersburg$1,587$1,12018
Allendale$1,600$1,1256
Mobel Americana$1,635$99535

Cheapest Available St. Petersburg Apartments for Rent

 

The cheapest available apartment rental in St. Petersburg, FL is a Studio unit found at Whitehall Garden Apartments in the Bayview neighborhood priced from $899. 111 SW Madison Cir N, St Petersburg, FL 33703 in the Council of Cona neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here is today’s list of the most affordable St. Petersburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Whitehall Garden Apartments#209Studio,1BA$899
111 SW Madison Cir N, St Petersburg, FL 33703Studio/1.0BAStudio,1BA$1,000
7380 63rd St N1 Beds, 1 Baths1BR,1BA$1,025
Reserve at Lake Pointe Apartments and TownhomesStudioStudio,1BA$1,035
Crescent LaneUpstairs1BR,1BA$1,055
Buena VistaOx1U (Buena Vista II)1BR,1BA$1,067
301 4th Ave N, St Petersburg, FL 33701Studio/1.0BAStudio,1BA$1,100
St. Pete Gardens - Sabal0BD-1BTHStudio,1BA$1,100

Best Value Apartments for Rent in St. Petersburg, FL

As of September 06, 2026 the best value apartment in the St. Petersburg area is the $1.52 price per square foot 2 Beds, 2 Baths Model at Chateau Bayonne in the in the Crystal Bay neighborhood starting from $2,050. The second greatest value St. Petersburg apartment is the 1x1 Model at Calais Park Apartments starting at $1,758 with a $1.41 price per square foot in the Council of Cona 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.
Chateau Bayonne2 Beds, 2 Baths2BR,2BA$1.52
Calais Park Apartments1x11BR,1BA$1.41
7550-7750 92nd St2 Beds, 2 Baths2BR,2BA$1.47
Alta Mar at Broadwater ApartmentsGalleon2BR,2BA$1.24
Marisol Vista Apartment HomesA2 w/ Den1BR,1BA$1.62
Pam Terrace2/12BR,1BA$1.31
Bardmoor PointeTwo Bedroom One Bath w/ washer and dryer2BR,1BA$1.58
4091 58th Ave2 Beds, 1 Baths2BR,1BA$1.55
Enclave at Sabal Pointe Apartments1 bedroom 1 bath Apartment Renovated with 870 S...1BR,1BA$1.51
Skyview Point1 Beds, 1 Baths1BR,1BA$1.55

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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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.

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Top Student Friendly Neighborhoods to Rent Near Colleges in Tampa

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Tampa Bay area for affordable living. Find your perfect Tampa Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Real 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.

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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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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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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 $1,100.

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

The cheapest apartment in St. Petersburg is 7380 63rd St N which is listed at $1,025, while the average apartment in St. Petersburg costs $1,959.

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 226 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 $253 which is $1,706 cheaper than the average rent for all rentals in St. Petersburg.

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.

Helpful Local Expert Guides

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The Real Cost of Living in Tampa: What You Need to Know Before You Move

Written by: Vickie Ferguson

Hi, I'm Vickie, your Apartment HomeLiving.com Local Expert for Tampa.

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Tampa Has It All: The Ultimate Insider's Guide to Things to Do in Tampa

Written by: Vickie Ferguson

Hi, and welcome to Tampa. I'm Vickie, your ApartmentHomeLiving.

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Sun, Sand, and a Short Commute: The Renter's Guide to Tampa's Best Neighborhoods

Written by: Vickie Ferguson

Hi, and welcome to ApartmentHomeLiving.com, where you'll find information about Tampa's inviting, diverse, and community-friendly neighborhoods.

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Top Student Friendly Neighborhoods to Rent Near Colleges in Tampa

Written by: Vickie Ferguson

Hi, I'm Vickie, and welcome to Apartment Home Living. As a long-time resident of Tampa, I'm here to serve as your expert local guide in and around the city's neighborhoods that are near to local colleges and universities.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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