Cheap Apartments for Rent in the El Rey Neighborhood of Saint Petersburg, FL from $500 (12 Rentals)

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

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5623 80th St N
Studio Apartments

5623 80th St N

5623 80th St NSt. Petersburg, FL 33709
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7524 41st Ave N
1 Bedroom Apartments

7524 41st Ave N

7524 41st Ave NSt. Petersburg, FL 33709
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6801 48th Ave N
1 Bedroom Apartments

6801 48th Ave N

6801 48th Ave NSt. Petersburg, FL 33709
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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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Aqua at 66th
1 to 2 Bedroom Apartments

Aqua at 66th

3556 66th St NSt. Petersburg, FL 33710
Corporate Housing
  • Utilities Included
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Landings at Cross Bayou
1 to 3 Bedroom Apartments

Landings at Cross Bayou

6835 54th Ave NSt. Petersburg, FL 33709
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6440 64th Ave N
2 Bedroom Apartments

6440 64th Ave N

6440 64th Ave NPinellas Park, FL 33781
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Midship Apartments
1 to 3 Bedroom Apartments

Midship Apartments

5255 62nd St NKenneth City, FL 33709
  • Utilities Included

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El Rey, St. Petersburg, FL Local Guide

Cheapest Available El Rey Apartments for Rent

 

The cheapest available apartment rental in the El Rey area of Tampa, FL is a 2 Beds unit found at Crossings at 66th priced from $1,360. Oak Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,395. Here are the most affordable El Rey apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
Crossings at 66thTwo bedroom One Bath2BR,1BA$1,360
Oak Manor ApartmentsOne Bedroom1BR,1BA$1,395
Park House ApartmentsTwo bedroom One Half2BR,1BA$1,450
Allston Lakes ApartmentsTwo Bedroom Two Bath2BR,2BA$1,595

Best Value Apartments for Rent in El Rey, FL

As of June 12, 2026 the best value apartment in the El Rey area is the $1.68 price per square foot Two Bedroom Two Bath Partial Reno Model at Allston Lakes Apartments in the in the Jungle Terrace neighborhood starting from $1,545. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Allston Lakes ApartmentsTwo Bedroom Two Bath Partial Reno2BR,2BA$1.68
Oak Manor ApartmentsOne Bedroom1BR,1BA$1.64
Park House ApartmentsTwo bedroom One Half2BR,1.5BA$1.83
Crossings at 66thOne Bedroom One Bath1BR,1BA$1.85

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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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 $1,360 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 $1,360 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.

Helpful Local Expert Guides

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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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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.

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Sun, Sand, and a Short Commute: The Renters 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.

Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.