
Cheap Apartments for Rent in the El Rey Neighborhood of Saint Petersburg, FL from $500 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the El Rey area of Saint Petersburg.


Park House Apartments

5623 80th St N

7524 41st Ave N

6801 48th Ave N

Discover Comfort & Convenience
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.

Aqua at 66th

The Welk Arms Apartments

Landings at Cross Bayou

Villa Da Costa Apartments

6440 64th Ave N

Midship Apartments
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.
El Rey, St. Petersburg, FL Local Guide

How much does it cost to rent an apartment in El Rey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| El Rey Studio Apartments | $1,200 | $1,200 | $1,200 |
| El Rey 1 Bedroom Apartments | $1,363 | $1,200 | $1,515 |
| El Rey 2 Bedroom Apartments | $1,544 | $1,460 | $1,700 |
| El Rey 3 Bedroom Apartments | $2,664 | $1,900 | $5,721 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the El Rey Neighborhood of Saint Petersburg, FL.
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El Rey, St. Petersburg, FL Local Guide
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Cheapest Available El Rey Apartments for Rent
 The cheapest available apartment rental in the El Rey area of Tampa, FL is a 1 Bed unit found at Crossings at 66th priced from $1,325. Park House Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. Here are the most affordable El Rey apartments for rent in Tampa, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crossings at 66th | One bedroom One Bath | 1BR,1BA | $1,325 |
| Park House Apartments | One Bedroom One Bath | 1BR,1BA | $1,350 |
| Oak Manor Apartments | One Bedroom | 1BR,1BA | $1,395 |
| Allston Lakes Apartments | Two Bedroom Two Bath Partial Reno | 2BR,2BA | $1,495 |
Best Value Apartments for Rent in El Rey, FL
As of April 18, 2026 the best value apartment in the El Rey area is the $1.63 price per square foot Two Bedroom Two Bath Partial Reno Model at Allston Lakes Apartments in the in the Jungle Terrace neighborhood starting from $1,495. The second greatest value El Rey apartment is the One Bedroom Model at Oak Manor Apartments starting at $1,395 with a $1.64 price per square foot in the Jungle Terrace neighborhood. Here is today’s list of the best values for El Rey apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Allston Lakes Apartments | Two Bedroom Two Bath Partial Reno | 2BR,2BA | $1.63 |
| Oak Manor Apartments | One Bedroom | 1BR,1BA | $1.64 |
| Crossings at 66th | Two bedroom One Bath | 2BR,1BA | $1.95 |
| Park House Apartments | One Bedroom One Bath | 1BR,1BA | $2.43 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick 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.
Best Local Schools in El Rey, Saint Petersburg, FL
School data provided by Great Schools
Frequently Asked Questions about Cheap El Rey Apartments
How much is rent for a Cheap One Bedroom El Rey Apartment?
The lowest price for a Cheap One Bedroom El Rey Apartment is $1,325 at Crossings at 66th.
What is the lowest price for a Cheap Two Bedroom El Rey Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in El Rey is starting from $1,460 at Crossings at 66th.
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

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.

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.