
Cheap Apartments for Rent in the Magnolia Heights Neighborhood of Saint Petersburg, FL from $400 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Magnolia Heights area of Saint Petersburg.


750 7th Ave N

2565 40th Ave N

2440 25th St N

Nelson Apartment
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Nordica Flats
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

The Plantation Inn
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Navigating the Rental Market: Tips for First-Time Renters
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Magnolia Heights, St. Petersburg, FL Local Guide

How much does it cost to rent an apartment in Magnolia Heights?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Magnolia Heights Studio Apartments | $1,894 | $1,295 | $2,300 |
Magnolia Heights 1 Bedroom Apartments | $1,844 | $995 | $4,070 |
Magnolia Heights 2 Bedroom Apartments | $2,601 | $1,599 | $4,160 |
Magnolia Heights 3 Bedroom Apartments | $3,743 | $2,399 | $5,750 |
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the Magnolia Heights Neighborhood of Saint Petersburg, FL.
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Magnolia Heights, St. Petersburg, FL Local Guide
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Cheapest Available Magnolia Heights Apartments for Rent
 The cheapest available apartment rental in the Magnolia Heights area of Tampa, FL is a Studio unit found at Northbay Villas priced from $1,295. Nordica Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,299. Here are the most affordable Magnolia Heights apartments for rent in Tampa, FL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Northbay Villas | Studio, 1 bath | Studio,1BA | $1,295 |
Nordica Flats | A2 | 1BR,1BA | $1,299 |
Palm Court Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,395 |
Waterside Village | A2 | 1BR,1BA | $1,450 |
Nordica Bay | A1 – 1X1 | 1BR,1BA | $1,499 |
Loft at Third Apartments | Renovated 1 & 2 Bedrooms | 1/1LG | 1BR,1BA | $1,510 |
Hideout Park | Queen | 1BR,1BA | $1,600 |
Satoshi Sol-FULLY FURNISHED AND ALL INCLUSIVE | Studio | 1BR,1BA | $1,650 |
Best Value Apartments for Rent in Magnolia Heights, FL
As of July 02, 2025 the best value apartment in the Magnolia Heights area is the $2.28 price per square foot 1013 5th St N Model at 1013 5th St N, Unit 3 - Vintage View Loft in the in the Greater South Central neighborhood starting from $2,625. The second greatest value Magnolia Heights apartment is the 2x1 Model at Calais Park Apartments starting at $1,990 with a $1.95 price per square foot in the Council of Cona neighborhood. Here is today’s list of the best values for Magnolia Heights apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1013 5th St N, Unit 3 - Vintage View Loft | 1013 5th St N | 2BR,1BA | $2.28 |
Calais Park Apartments | 2x1 | 2BR,1BA | $1.95 |
618 7th Ave N, Unit A | 618 7th Ave N | 2BR,1BA | $2.38 |
Booker Creek Apartments | B1 | 2BR,2BA | $2.07 |
The Vinoy Courtyard Apartments | 2 Bedroom, 1 Bathroom | 2BR,1BA | $2.09 |
800 8th St N, Unit 2-3 mo rental One Bedroom | 800 8th St N | 1BR,1BA | $1.88 |
Nordica Bay | A1 – 1X1 | 1BR,1BA | $2.06 |
Waterside Village | A2 | 1BR,1BA | $2.15 |
Loft at Third Apartments | Renovated 1 & 2 Bedrooms | 1SRH | 1BR,1BA | $2.37 |
3115 54th Ave N, Unit 2 | 3115 54th Ave N | 1BR,1BA | $2.33 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleMagnolia Heights, Saint Petersburg, FL
Ranked #56
Among neighborhoods in Saint Petersburg, FL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Magnolia Heights, Saint Petersburg, FL
School data provided by Great Schools
Frequently Asked Questions about Cheap Magnolia Heights Apartments
What is the Cheapest Studio apartment in Magnolia Heights?
Currently the most affordable Cheap Studio Apartment in Magnolia Heights is at Northbay Villas listed at $1,295.
How much is rent for a Cheap One Bedroom Magnolia Heights Apartment?
The lowest price for a Cheap One Bedroom Magnolia Heights Apartment is $1,450 at Waterside Village.
What is the lowest price for a Cheap Two Bedroom Magnolia Heights Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Magnolia Heights is starting from $1,979 at The Vinoy Courtyard Apartments.
What is the most affordable Magnolia Heights Three Bedroom Apartment?
The best deal on a cheap Magnolia Heights Three Bedroom Apartment rental is at Calais Park Apartments and starts from $2,399.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.