Cheap Apartments for Rent in the Downtown St Petersburg Neighborhood of Saint Petersburg, FL from $400 (193 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 618 17th Ave S

$1,050 - $1,395

1 To 2 Bedroom Rentals

Available Now

618 17th Ave S

St. PetersburgFL33701

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.

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3815 1ST AVE N
$1,200 - $2,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $2,000
Total Monthly Price
$1,200 - $2,000
1 to 2 Bedroom Apartment Available Now

3815 1ST AVE N

3815 1ST AVE NSt. Petersburg, FL 33713
Affordability
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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.

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property at 2219 Highland St S

$1,250 - $1,650

1 To 2 Bedroom Rentals

Available Now

2219 Highland St S

St. PetersburgFL33705

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.

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property at 827 40th St S

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

827 40th St S

St. PetersburgFL33711

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.

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property at 985 8th Ave S

$1,500 - $2,700

1 To 3 Bedroom Rentals

Available Jun 1

985 8th Ave S

St. PetersburgFL33705

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.

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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 Colony Apartments priced from $1,150. Lakeside has the second lowest priced unit, which is a Studio apartment currently listed from $1,200. Here are the most affordable Downtown St Petersburg apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
Colony ApartmentsStudioStudio,1BA$1,150
LakesideStudioStudio,1BA$1,200
Dover Apartments1BR1BR,1BA$1,200
Mirror Lake ApartmentsStudio1BR,1BA$1,200
The WaylandStudio West Tower PremiumStudio,1BA$1,226
Nordica FlatsA21BR,1BA$1,249
Satoshi Sol-FULLY FURNISHED AND ALL INCLUSIVEStudio1BR,1BA$1,250

Best Value Apartments for Rent in Downtown St Petersburg, FL

As of May 19, 2026 the best value apartment in the Downtown St Petersburg area is the $1.91 price per square foot 1701 14th St S Model at 1701 14th St S in the in the Highland Oaks neighborhood starting from $2,100. The second greatest value Downtown St Petersburg apartment is the 1715 14th St S Model at 1715 14th St S, Unit 1715 14th St S starting at $1,650 with a $1.65 price per square foot in the Highland Oaks 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.
1701 14th St S1701 14th St S2BR,1BA$1.91
1715 14th St S, Unit 1715 14th St S1715 14th St S2BR,1BA$1.65
Booker Creek ApartmentsB12BR,2BA$1.76
Fountain Court Apartments1 bedroom1BR,1BA$1.60
932 Newton Ave S932 Newton Ave S1BR,1BA$2.08
Dover Apartments1BR1BR,1BA$2.00
3815 1ST AVE N3815 1ST AVE N1BR,1BA$2.00
Sans Souci Apartments1 BR1BR,1BA$2.13
1846 2nd Ave N, Unit 18461846 2nd Ave N1BR,1BA$2.07
Nordica FlatsA21BR,1BA$2.25

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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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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Pet Friendly Lifestyle
Downtown St Petersburg, Saint Petersburg, FL

Ranked #18

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 $1,250.

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

The cheapest apartment in Downtown St Petersburg is Dover Apartments which is listed at $1,200, while the average apartment in Downtown St Petersburg costs $5,525.

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 34 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 $205 which is $5,320 cheaper than the average rent for all rentals in Downtown 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.

Articles, How-To's, and Tips

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.