
Cheap Apartments for Rent in the Melrose-Mercy Neighborhood of St. Petersburg, FL from $600 (150 Rentals)
Search the lowest-cost Apartments available for rent right now in the Melrose-Mercy area of St. Petersburg.


3535 17th Ave S

109 18th Ave S, Unit 3

Alta Mar at Broadwater Apartments

Studio Bed/1 Bath - 3

Nordica Flats

Studio Bed/1 Bath - 6

Total Monthly Price
914 8th St N, Unit studio

Total Monthly Price
3663 1/2 4th Ave N, Unit 3663 1/2

3815 1st Ave N
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

Total Monthly Price
1846 2nd Ave N, Unit 1846

805 4th Ave N, St. Petersburg, FL 33701

301 4th Ave N, St Petersburg, FL 33701

2227 Highland St S

Mirror Lake Apartments

2219 Highland St S

Burlington Post II

Studio Bed/1 Bath - 4

San Rafael Apartments

626 23rd Ave S
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1515 14th St S

1799 Russell St S

425 North - Your Downtown St. Pete Home

2135 8th Ave N

986 22nd Ave S

725 Jackson St N

Veranda Flats

3320 6th Ave N, Unit B

The Wayland

1919 Dr. M.L.K. Jr St S
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537 2nd St N

The Portland

Woodlawn Park Apartments

The Astoria - Sabal

1931 7th St S

928 9th Ave S

Total Monthly Price
130 17th St N

549 2nd St N

1 Bed/1 Bath - 5

Studio Bed/1 Bath - 26
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735 Grove St N

Casa Nina Apartments

Caprice Apartments

2867 12th Ave N

The Vinoy Courtyard Apartments

Tropical Breeze Apartments

1 Bed/1 Bath - 5

1921 Dr M.L.K. Jr St N

Total Monthly Price
Gallery 3100

2438 9th Ave S
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Melrose-Mercy, St. Petersburg, FL Local Guide

How much does it cost to rent an apartment in Melrose-Mercy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Melrose-Mercy Studio Apartments | $1,997 | $1,000 | $4,285 |
| Melrose-Mercy 1 Bedroom Apartments | $2,268 | $949 | $9,850 |
| Melrose-Mercy 2 Bedroom Apartments | $3,402 | $1,300 | $10,000+ |
| Melrose-Mercy 3 Bedroom Apartments | $4,791 | $1,649 | $7,996 |
| Melrose-Mercy 4 Bedroom Apartments | $5,381 | $2,500 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 150 rentals with your search options within a 2 mile radius of the Melrose-Mercy Neighborhood of St. Petersburg, FL.
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Melrose-Mercy, St. Petersburg, FL Local Guide
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Cheapest Available Melrose-Mercy Apartments for Rent
 The cheapest available apartment rental in the Melrose-Mercy area of Tampa, FL is a Studio unit found at 805 4th Ave N, St. Petersburg, FL 33701 priced from $1,195. 301 4th Ave N, St Petersburg, FL 33701 has the second lowest priced unit, which is a Studio apartment currently listed from $1,200. Here are the most affordable Melrose-Mercy apartments for rent in Tampa, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 805 4th Ave N, St. Petersburg, FL 33701 | Studio/1.0BA | Studio,1BA | $1,195 |
| 301 4th Ave N, St Petersburg, FL 33701 | Studio/1.0BA | Studio,1BA | $1,200 |
| Burlington Post II | 1x1 | 1BR,1BA | $1,206 |
| San Rafael Apartments | 18 | Studio,1BA | $1,250 |
| Mirror Lake Apartments | 1 br | 1BR,1BA | $1,295 |
| 1701 16th St N | 0/1 | Studio,1BA | $1,300 |
| Alta Mar at Broadwater Apartments | Schooner | 2BR,2BA | $1,300 |
Best Value Apartments for Rent in Melrose-Mercy, FL
As of July 25, 2026 the best value apartment in the Melrose-Mercy area is the $1.70 price per square foot 1311 24th Ave S Model at 1311 24th Ave S in the in the Highland Oaks neighborhood starting from $1,750. The second greatest value Melrose-Mercy apartment is the 2 Bed, 1 Bath Model at Uptown Villas 68 starting at $1,700 with a $2.09 price per square foot in the Highland Oaks neighborhood. Here is today’s list of the best values for Melrose-Mercy apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1311 24th Ave S | 1311 24th Ave S | 2BR,1BA | $1.70 |
| Uptown Villas 68 | 2 Bed, 1 Bath | 2BR,1BA | $2.09 |
| Alta Mar at Broadwater Apartments | Caravel | 1BR,1BA | $1.24 |
| Burlington Post II | 1x1 | 1BR,1BA | $1.63 |
| The Portland | 2 Bedroom 1 Bath | 2BR,1BA | $1.99 |
| Loft at Third | 1LRH | 1BR,1BA | $2.13 |
| Mirror Lake Apartments | 1 br | 1BR,1BA | $1.99 |
| Sans Souci Apartments | 1 BR | 1BR,1BA | $2.13 |
| 3663 1/2 4th Ave N, Unit 3663 1/2 | 3663 1/2 4th Ave N | 1BR,1BA | $1.83 |
| 1846 2nd Ave N, Unit 1846 | 1846 2nd Ave N | 1BR,1BA | $1.98 |
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 ArticleReal 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.
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.
Best Local Schools in Melrose-Mercy, St. Petersburg, FL
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities and towns, and rental properties across Florida, including St. Petersburg. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Melrose-Mercy Apartments
What is a cheap apartment in Melrose-Mercy?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Melrose-Mercy is under $1,300.
What is the price of a cheap apartment in Melrose-Mercy?
The cheapest apartment in Melrose-Mercy is Alta Mar at Broadwater Apartments which is listed at $949, while the average apartment in Melrose-Mercy costs $5,532.
What types of apartments are the cheapest in Melrose-Mercy?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 25 regular apartments in Melrose-Mercy that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Melrose-Mercy?
Cheap apartments in Melrose-Mercy have an average cost of $248 which is $5,284 cheaper than the average rent for all rentals in Melrose-Mercy.
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.
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