Cheap Homes for Rent in Magnolia Heights Neighborhood of Saint Petersburg, FL from $1,100 (60 Rentals)

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

property at 5855 18th St N

5855 18th St N

St. PetersburgFL33714
property at 321 24th Ave N

321 24th Ave N

St. PetersburgFL33704
property at 917 30th Ave N

917 30th Ave N

St. PetersburgFL33704
property at 5095 Bay St NE

5095 Bay St NE

St. PetersburgFL33703

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 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 ListingModel NameBed/BathPriced From
Northbay VillasStudio, 1 bathStudio,1BA$1,295
Nordica FlatsA21BR,1BA$1,299
Palm Court Apartments0 Beds, 1 BathsStudio,1BA$1,395
Nordica BayA2 – 1X11BR,1BA$1,499
Loft at Third Apartments | Renovated 1 & 2 Bedrooms1/1LG1BR,1BA$1,510
Satoshi Sol-FULLY FURNISHED AND ALL INCLUSIVEStudio1BR,1BA$1,550
Palms @ Crescent Lake Apartments1 Bedroom1BR,1BA$1,550
Hideout ParkQueen1BR,1BA$1,600
Waterside VillageB22BR,1BA$1,650

Best Value Apartments for Rent in Magnolia Heights, FL

As of July 13, 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 $1,989 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1013 5th St N, Unit 3 - Vintage View Loft1013 5th St N2BR,1BA$2.28
Calais Park Apartments2x12BR,1BA$1.95
618 7th Ave N, Unit A618 7th Ave N2BR,1BA$2.38
Booker Creek ApartmentsB12BR,2BA$2.05
The Vinoy Courtyard Apartments2 Bedroom, 1 Bathroom2BR,1BA$2.09
Waterside VillageB22BR,1BA$1.88
Nordica BayA1 – 1X11BR,1BA$2.06
Loft at Third Apartments | Renovated 1 & 2 Bedrooms1SRH1BR,1BA$2.37
3115 54th Ave N, Unit 23115 54th Ave N1BR,1BA$2.33
Nordica FlatsA21BR,1BA$2.34

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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 $995 to $5,750. There are also 186 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 $4,293.

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.