Cheap Homes for Rent in Magnolia Heights Neighborhood of Saint Petersburg, FL from $1,200 (74 Rentals)
Search the lowest-cost Homes available for rent right now in the Magnolia Heights area of Saint Petersburg.

2440 25th St N

1435 15th St 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.

1134 38th Ave N

333 9th Ave N

2112 9th Ave N

5920 18th St N

3301 58th Ave N

2168 8th Ave N

356 13th Ave NE

2611 41st Ave N

763 31st Ave N
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.

2576 42nd Ave N

122-3700 Haines Rd N

419 4th St N

1020 Queen St N

301 24th Ave N

3722 28th St N

321 24th Ave N

3257 57th Ave N

5200 28th St N
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.

317 34th Ave N

682 37th St N

522 1/2 15th St N

333 9th Ave N

4000 24th St N

445 32nd Ave N

105 7th Ave N

4843 Haines Rd N

3120 29th Ave N

2543 38th Ave N
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.

2917 61st Ave N

6047 32nd St N

379 47th Ave N

1668 24th Ave N

2050-2033 33rd Ave N

2435 13th Ave N

708 Grove St N

2105 52nd Ave N

2853 17th Ave N

1145 53rd Ave N
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Magnolia Heights, St. Petersburg, FL Local Guide

How much does it cost to rent a home in Magnolia Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Magnolia Heights 2 Bedroom Homes for Rent | $2,682 | $1,350 | $10,000+ |
| Magnolia Heights 3 Bedroom Homes for Rent | $3,373 | $1,695 | $6,200 |
| Magnolia Heights 4 Bedroom Homes for Rent | $5,058 | $2,350 | $10,000+ |
| Magnolia Heights 5 Bedroom Homes for Rent | $16,500 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 74 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 1 Bed unit found at Baywalk Apartments priced from $1,250. Satoshi Sol-FULLY FURNISHED AND ALL INCLUSIVE has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,295. Here are the most affordable Magnolia Heights apartments for rent in Tampa, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Baywalk Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,250 |
| Satoshi Sol-FULLY FURNISHED AND ALL INCLUSIVE | Studio | 1BR,1BA | $1,295 |
| San Rafael Apartments | 2 | Studio,1BA | $1,295 |
| Loft at Third Apartments | Renovated 1 & 2 Bedroom Apartments | 1/1LG | 1BR,1BA | $1,449 |
| Waterside Village | B2 | 2BR,1BA | $1,450 |
| The Corvette Apartments | 1 Bed Classic | 1BR,1BA | $1,545 |
| Calais Park Apartments | 1x1 | 1BR,1BA | $1,549 |
| Nordica Bay | A3 – 1X1 | 1BR,1BA | $1,549 |
Best Value Apartments for Rent in Magnolia Heights, FL
As of December 30, 2025 the best value apartment in the Magnolia Heights area is the $1.79 price per square foot C1 Model at Booker Creek Apartments in the in the Melrose-Mercy neighborhood starting from $2,209. The second greatest value Magnolia Heights apartment is the Vinoy Model at Nordica Village starting at $1,699 with a $1.39 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. |
|---|---|---|---|
| Booker Creek Apartments | C1 | 3BR,2BA | $1.79 |
| Nordica Village | Vinoy | 2BR,1BA | $1.39 |
| Calais Park Apartments | 2X1 - Renovated | 2BR,1BA | $1.98 |
| 2443 4th Ave N, Unit House | 2443 4th Ave N | 2BR,1BA | $2.30 |
| Waterside Village | B2 | 2BR,1BA | $1.65 |
| Loft at Third Apartments | Renovated 1 & 2 Bedroom Apartments | 2/1RH | 2BR,1BA | $2.14 |
| Nordica Bay | A3 – 1X1 | 1BR,1BA | $1.85 |
| 849 58th Avenue Northeast, Unit 849 58th Ave NE | 849 58th Avenue Northeast | 2BR,1BA | $2.49 |
| 3115 54th Ave N, Unit 2 | 3115 54th Ave N | 1BR,1BA | $2.33 |
| Baywalk Apartments | 1 Bed, 1 bath | 1BR,1BA | $2.16 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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.
Pet Friendly LifestyleMagnolia Heights, Saint Petersburg, FL
Ranked #75
Among cities in Florida 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 Magnolia Heights
What type of rentals are currently available in Magnolia Heights?
There are currently 569 Apartments for Rent in Magnolia Heights, FL with pricing that ranges from $1,017 to $5,750. There are also 191 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnolia Heights ranging from $1,200 to $18,000.
What is the current price range for Rental Homes in Magnolia Heights?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Magnolia Heights ranges from $1,200 to $18,000 with an average monthly rent of $5,101.
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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.









