Cheap Apartments for Rent in the Downtown St Petersburg Neighborhood of Saint Petersburg, FL from $400 (107 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown St Petersburg area of Saint Petersburg.

property at 986 22nd Ave S

986 22nd Ave S

St. PetersburgFL33705
property at 1316 12th St S

1316 12th St S

St. PetersburgFL33705
property at 2219 Highland St S

2219 Highland St S

St. PetersburgFL33705
property at 734 21st Ave S

734 21st Ave S

St. PetersburgFL33705
Showing Results 1-50, Page 1 of 3

Downtown St Petersburg, St. Petersburg, FL Local Guide

Cheapest Available Downtown St Petersburg Apartments for Rent

 

The cheapest available apartment rental in the Downtown St Petersburg area of Tampa, FL is a Studio unit found at 5th Ave Loft Apartments priced from $1,150. The Wayland has the second lowest priced unit, which is a Studio apartment currently listed from $1,159. Here are the most affordable Downtown St Petersburg apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
5th Ave Loft Apartments303Studio,1BA$1,150
The WaylandStudio, One Bath North DeluxeStudio,1BA$1,159
LakesideStudioStudio,1BA$1,200
Tropical Breeze ApartmentsGalley Kitchen1BR,1BA$1,250
Sans Souci Apartments1 BR1BR,1BA$1,280
Satoshi Sol-FULLY FURNISHED AND ALL INCLUSIVEStudio1BR,1BA$1,295
Nordica FlatsA21BR,1BA$1,299
Wildwood ApartmentsModel A2BR,1BA$1,300
The Waverly2 Beds, 1 Baths2BR,1BA$1,349

Best Value Apartments for Rent in Downtown St Petersburg, FL

As of November 13, 2025 the best value apartment in the Downtown 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 Downtown St Petersburg apartment is the C1 Model at Booker Creek Apartments starting at $2,366 with a $1.92 price per square foot in the Melrose-Mercy neighborhood. Here is today’s list of the best values for Downtown 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
Booker Creek ApartmentsC13BR,2BA$1.92
1701 14th St S, Unit A1701 14th St S2BR,1BA$1.91
1715 14th St S, Unit 1715 14th St S1715 14th St S2BR,1BA$2.10
The Waverly2 Beds, 1 Baths2BR,1BA$1.43
3860 7th Ave N, Unit 123860 7th Ave N2BR,2BA$2.10
Fountain Court Apartments1 bedroom1BR,1BA$1.60
Loft at Third Apartments | Renovated 1 & 2 Bedrooms1LRH1BR,1BA$2.13
Sans Souci Apartments1 BR1BR,1BA$1.83
Wildwood ApartmentsModel A2BR,1BA$2.17

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Pet Friendly Lifestyle
Downtown St Petersburg, Saint Petersburg, FL

Ranked #20

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Downtown St Petersburg, Saint Petersburg, FL

School data provided by Great Schools

Lifestyle Ratings

Our team is proud to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Downtown St Petersburg, Saint Petersburg, and the greater Tampa area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, transit availability, pet-friendly communities, places that make kids happy, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Downtown St Petersburg Apartments

What is a cheap apartment in Downtown St Petersburg?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown St Petersburg is under $1,349.

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

The cheapest apartment in Downtown St Petersburg is Tropical Breeze Apartments which is listed at $1,250, while the average apartment in Downtown St Petersburg costs $7,876.

What types of apartments are the cheapest in Downtown 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 30 regular apartments in Downtown 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 Downtown St Petersburg?

Cheap apartments in Downtown St Petersburg have an average cost of $171 which is $7,705 cheaper than the average rent for all rentals in Downtown 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.

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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! 

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

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.