Cheap Homes for Rent in Magnolia Heights Neighborhood of Saint Petersburg, FL from $1,000 (39 Rentals)

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

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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property at 5850 18th St N

$1,300 - $1,400

1 To 2 Bedroom Rentals

Available Now

5850 18th St N

St. PetersburgFL33714
property at 3425 16th St N

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

1 Bedroom, 1 Bath Home for Rent

Available May 30

3425 16th St N

St. PetersburgFL33704

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.

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property at 115 7th Ave N

$1,495 - $2,095

1 To 2 Bedroom Rentals

Available Now

115 7th Ave N

St. PetersburgFL33701
property at 2730 37th Ave N

$1,590

Total Monthly Price

Total Monthly Price

Base Rent
$1,590
Total Monthly Price
$1,590

1 Bedroom, 1 Bath Condo for Rent

Available Now

2730 37th Ave N, Unit B, Unit B

2730 37th Ave N
St. PetersburgFL33713

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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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 1310 28th St N

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

2 Bedroom, 1 Bath Condo for Rent

Available Now

1310 28th St N, Unit Upper, Unit Upper

1310 28th St N
St. PetersburgFL33713
Showing Results 1-39, Page 1 of 1

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 Studio unit found at Colony Apartments priced from $1,150. Dover Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here are the most affordable Magnolia Heights apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
Colony ApartmentsStudioStudio,1BA$1,150
Dover Apartments1BR1BR,1BA$1,200
Mirror Lake ApartmentsStudio1BR,1BA$1,200
Satoshi Sol-FULLY FURNISHED AND ALL INCLUSIVEStudio1BR,1BA$1,250
Villa Rica ApartmentsCabanaStudio,1BA$1,299
1701 16th St N0/1Studio,1BA$1,300
832 1st St N1 Bed Room1BR,1BA$1,300
Nordica FlatsA21BR,1BA$1,349
Palm Court Apartments0 Beds, 1 BathsStudio,1BA$1,350

Best Value Apartments for Rent in Magnolia Heights, FL

As of May 24, 2026 the best value apartment in the Magnolia Heights area is the $1.90 price per square foot C1 Model at Booker Creek Apartments in the in the Melrose-Mercy neighborhood starting from $2,343. The second greatest value Magnolia Heights apartment is the 2x1 Model at Calais Park Apartments starting at $1,899 with a $1.86 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.
Booker Creek ApartmentsC13BR,2BA$1.90
Calais Park Apartments2x12BR,1BA$1.86
Aqua 550Premium 2 bedroomW/ In unit Laundry2BR,1BA$2.63
Nordica BayA1 – 1X11BR,1BA$1.92
Nordica VillageCrescent1BR,1BA$2.32
Dover Apartments1BR1BR,1BA$2.00
Sans Souci Apartments1 BR1BR,1BA$2.13
Nordica FlatsA21BR,1BA$2.44
Mirror Lake ApartmentsStudio1BR,1BA$2.29
Palm Court Apartments0 Beds, 1 BathsStudio ,1BA$2.57

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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Real 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.

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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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Pet Friendly Lifestyle
Magnolia Heights, Saint Petersburg, FL

Ranked #83

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 556 Apartments for Rent in Magnolia Heights, FL with pricing that ranges from $1,045 to $4,147. There are also 150 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnolia Heights ranging from $1,075 to $18,500.

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 $1,075 to $18,500 with an average monthly rent of $5,138.

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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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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.