
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 | $1,373 | $1,325 | $1,515 |
| El Rey 2 Bedroom Apartments | $1,532 | $1,360 | $1,750 |
| El Rey 3 Bedroom Apartments | $2,682 | $1,900 | $5,813 |
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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crossings at 66th | Two bedroom One Bath | 2BR,1BA | $1,360 |
| Oak Manor Apartments | One Bedroom | 1BR,1BA | $1,395 |
| Park House Apartments | Two bedroom One Half | 2BR,1BA | $1,450 |
| Allston Lakes Apartments | Two Bedroom Two Bath | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Allston Lakes Apartments | Two Bedroom Two Bath Partial Reno | 2BR,2BA | $1.68 |
| Oak Manor Apartments | One Bedroom | 1BR,1BA | $1.64 |
| Park House Apartments | Two bedroom One Half | 2BR,1.5BA | $1.83 |
| Crossings at 66th | One Bedroom One Bath | 1BR,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.
Read ArticleReal 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.
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 $1,360 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

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.

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.

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

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.

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.

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.

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.