Cheap Homes for Rent in Magnolia Heights Neighborhood of Saint Petersburg, FL from $1,100 (57 Rentals)

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Search the lowest-cost Homes available for rent right now in the Magnolia Heights area of Saint Petersburg.

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.

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property at 5855 18th St N

5855 18th St N

St. PetersburgFL33714

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.

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property at 321 24th Ave N

321 24th Ave N

St. PetersburgFL33704
property at 917 30th Ave N

917 30th Ave N

St. PetersburgFL33704

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.

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Navigating the Rental Market: Tips for First-Time Renters

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Tampa's Best Affordable Neighborhoods

Learn about Tampa and the best places to live with original content written by our Tampa, FL Local Expert Vickie Ferguson

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Magnolia Heights, St. Petersburg, FL Local Guide

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 Northbay Villas priced from $1,195. Waterside Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,325. Here are the most affordable Magnolia Heights apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
Northbay Villas1 Bed, 1 bath1BR,1BA$1,195
Waterside VillageA11BR,1BA$1,325
Nordica BayA1 – 1X11BR,1BA$1,499
Loft at Third Apartments | Renovated 1 & 2 Bedrooms1/1LG1BR,1BA$1,510
Hideout ParkQueen1BR,1BA$1,600
Satoshi Sol-FULLY FURNISHED AND ALL INCLUSIVEStudio1BR,1BA$1,650
The Vinoy Courtyard Apartments1 Bedroom, 1 Bathroom1BR,1BA$1,650
Melrose Place1 Bedroom1BR,1BA$1,699
Calais Park Apartments1X1 - Renovated1BR,1BA$1,711

Best Value Apartments for Rent in Magnolia Heights, FL

As of June 20, 2025 the best value apartment in the Magnolia Heights area is the $1.59 price per square foot 600 Highland St N Model at 600 Highland St N, Unit 3 in the in the Greater South Central neighborhood starting from $1,750. The second greatest value Magnolia Heights apartment is the 2x1 Model at Calais Park Apartments starting at $1,926 with a $1.89 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 ListingModel NameBed/BathPrice Per Sq.Ft.
600 Highland St N, Unit 3600 Highland St N2BR,1BA$1.59
Calais Park Apartments2x12BR,1BA$1.89
618 7th Ave N, Unit B618 7th Ave N2BR,1BA$2.38
Booker Creek ApartmentsB12BR,2BA$2.08
Nordica BayA1 – 1X11BR,1BA$2.06
730 24th Ave N, Unit B730 24th Ave N2BR,1BA$2.50
Loft at Third Apartments | Renovated 1 & 2 Bedrooms1SRH1BR,1BA$2.37
The Vinoy Courtyard Apartments1 Bedroom, 1 Bathroom1BR,1BA$2.75
Waterside VillageA11BR,1BA$2.76
Northbay Villas1 Bed, 1 bath1BR,1BA$3.41

Quick 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.

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Frequently Asked Questions about Magnolia Heights

What type of rentals are currently available in Magnolia Heights?

There are currently 552 Apartments for Rent in Magnolia Heights, FL with pricing that ranges from $995 to $5,750. There are also 177 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnolia Heights ranging from $1,185 to $15,000.

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 $1,185 to $15,000 with an average monthly rent of $4,346.

How much are larger Three and Four Bedroom Rentals in Magnolia Heights?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Magnolia Heights range from $1,939 to $5,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $12,000. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $2,850.

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.

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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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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.

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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.

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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.