
Cheap Homes for Rent in El Rey Neighborhood of Saint Petersburg, FL from $1,400 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the El Rey area of Saint Petersburg.


6440 62nd Ave N, Unit 101
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.

5521 80th St N, Unit 312

6801 48th Ave N
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 a home in El Rey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| El Rey 2 Bedroom Homes for Rent | $1,948 | $1,400 | $2,500 |
| El Rey 3 Bedroom Homes for Rent | $1,950 | $1,950 | $1,950 |
| El Rey 4 Bedroom Homes for Rent | $2,898 | $2,495 | $3,700 |
Browse Homes for Rent in this Neighborhood
There are currently 4 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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Best Value Apartments for Rent in El Rey, FL
As of June 04, 2026 the best value apartment in the El Rey area is the $1.73 price per square foot Two Bedroom Two Bath Model at Allston Lakes Apartments in the in the Jungle Terrace neighborhood starting from $1,595. 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 | 2BR,2BA | $1.73 |
| 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 | $2.06 |
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 El Rey
What type of rentals are currently available in El Rey?
There are currently 39 Apartments for Rent in El Rey, FL with pricing that ranges from $1,100 to $5,738. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in El Rey ranging from $1,400 to $3,700.
What is the current price range for Rental Homes in El Rey?
Today's rental pricing for Homes for Rent, Condos and Townhomes in El Rey ranges from $1,400 to $3,700 with an average monthly rent of $2,126.
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.

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.

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.