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
  • Utilities Included
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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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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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 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 ListingModel NameBed/BathPriced From
Crossings at 66thOne bedroom One Bath1BR,1BA$1,325
Park House ApartmentsOne Bedroom One Bath1BR,1BA$1,350
Oak Manor ApartmentsOne Bedroom1BR,1BA$1,395
Allston Lakes ApartmentsTwo Bedroom Two Bath Partial Reno2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Allston Lakes ApartmentsTwo Bedroom Two Bath Partial Reno2BR,2BA$1.63
Oak Manor ApartmentsOne Bedroom1BR,1BA$1.64
Crossings at 66thTwo bedroom One Bath2BR,1BA$1.95
Park House ApartmentsOne Bedroom One Bath1BR,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.

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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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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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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 $1,325 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

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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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.

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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.

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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.