Cheap Apartments for Rent in St. Petersburg, FL from $400 (191 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article
property at 334 48th Ave N

334 48th Ave N

St. PetersburgFL33703

Tampa's Best Affordable Neighborhoods

Learn about Tampa and the best places to live with original content written by our Tampa, FL Local Expert Vickie Ferguson

Read Article
Showing Results 1-50, Page 1 of 4

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: 07/02/2025

Current apartment rentals in the St. Petersburg, FL area range in price from $775 to $15,750 with an overall median price of $5,874. The three St. Petersburg neighborhoods with the lowest median rent pricing are Tyrone Park at $1,295, Midtown St Petersburg at $1,200, 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
Tyrone Park$1,550$1,2956
Midtown St Petersburg$1,797$1,20015
Allendale$1,899$1,3492
Uptown St Petersburg$2,300$1,2994
Gandy$2,598$1,20090
Weedon Island$2,650$1,300188
Mangrove Bay$2,789$1,265173
Azalea Homes$2,940$77547
Jungle Prada$2,940$77547
Sawgrass Lake$3,011$1,095254

Cheapest Available St. Petersburg Apartments for Rent

 

The cheapest available apartment rental in St. Petersburg, FL is a 1 Bed unit found at 5901 Fairfield Ave S in the Pasadena Golf & Yacht Club neighborhood priced from $775. Osprey Pointe 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
5901 Fairfield Ave S1 Bed, 1 bath1BR,1BA$775
Osprey Pointe1 Bed 1 Bath1BR,1BA$1,150
Alta Mar at Broadwater ApartmentsCaravel1BR,1BA$1,199
LakesideStudioStudio,1BA$1,200
Nautica ApartmentsThe SternStudio,1BA$1,210
Vantage Point CondominiumsCrest1BR,1BA$1,212
Flagler Pointe Apartments1/1 A1BR,1BA$1,220
Crescent LaneUpstairs1BR,1BA$1,265
The Waverly1 Beds, 1 Baths1BR,1BA$1,270

Best Value Apartments for Rent in St. Petersburg, FL

As of July 02, 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 Three Bedroom / Two Bathroom Model at Shores Apartments, Ltd starting at $1,537 with a $1.29 price per square foot in the Bayview 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
Shores Apartments, LtdThree Bedroom / Two Bathroom3BR,2BA$1.29
Kentucky 1414Home2BR,1BA$1.63
Bardmoor PointeTwo Bedroom One Bath w/ washer and dryer2BR,1BA$1.63
Buena Vista2x1U (Buena Vista I)2BR,1BA$1.44
Oak Manor ApartmentsTwo Bedroom2BR,1BA$1.60
Enclave at Sabal Pointe Apartments1 bedroom 1 bath Apartment with 870 Square Feet...1BR,1BA$1.64
The Waverly1 Beds, 1 Baths1BR,1BA$1.59
Alta Mar at Broadwater ApartmentsCaravel1BR,1BA$1.57
5901 Fairfield Ave S1 Bed, 1 bath1BR,1BA$1.19

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.

decorative image of people with a giant lease agreement

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

School data provided by Great Schools

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

Explore St. Petersburg, FL Rentals by Map

Decorative image of map

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

View MapSt. Petersburg, FL Apartments MapView MapSt. Petersburg, FL Rental Homes Map

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 $1,270.

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

The cheapest apartment in St. Petersburg is 5901 Fairfield Ave S which is listed at $775, while the average apartment in St. Petersburg costs $5,874.

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 20 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 $769 which is $5,105 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.

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

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.