Cheap Apartments for Rent in the Melrose-Mercy Neighborhood of St. Petersburg, FL from $400 (102 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Melrose-Mercy area of St. Petersburg.

property at 986 22nd Ave S

986 22nd Ave S

St. PetersburgFL33705
property at 1316 12th St S

1316 12th St S

St. PetersburgFL33705

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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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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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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property at 2219 Highland St S

2219 Highland St S

St. PetersburgFL33705
property at 734 21st Ave S

734 21st Ave S

St. PetersburgFL33705

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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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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Showing Results 1-50, Page 1 of 3

Melrose-Mercy, St. Petersburg, FL Local Guide

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 5th Ave Loft Apartments priced from $1,150. The Wayland has the second lowest priced unit, which is a Studio apartment currently listed from $1,159. Here are the most affordable Melrose-Mercy apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
5th Ave Loft Apartments303Studio,1BA$1,150
The WaylandStudio, One Bath North DeluxeStudio,1BA$1,159
Alta Mar at Broadwater ApartmentsCaravel1BR,1BA$1,199
LakesideStudioStudio,1BA$1,200
Tropical Breeze ApartmentsGalley Kitchen1BR,1BA$1,250
Sans Souci Apartments1 BR1BR,1BA$1,280
Satoshi Sol-FULLY FURNISHED AND ALL INCLUSIVEStudio1BR,1BA$1,295
Nordica FlatsA21BR,1BA$1,299
Wildwood ApartmentsModel A2BR,1BA$1,300

Best Value Apartments for Rent in Melrose-Mercy, FL

As of November 13, 2025 the best value apartment in the Melrose-Mercy area is the $1.39 price per square foot 1311 24th Ave S Model at 1311 24th Ave S, Unit 2 in the in the Highland Oaks neighborhood starting from $1,850. The second greatest value Melrose-Mercy apartment is the C1 Model at Booker Creek Apartments starting at $2,366 with a $1.92 price per square foot in the Melrose-Mercy neighborhood. Here is today’s list of the best values for Melrose-Mercy apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1311 24th Ave S, Unit 21311 24th Ave S2BR,1BA$1.39
Booker Creek ApartmentsC13BR,2BA$1.92
1701 14th St S, Unit A1701 14th St S2BR,1BA$1.91
1715 14th St S, Unit 1715 14th St S1715 14th St S2BR,1BA$2.10
3860 7th Ave N, Unit 123860 7th Ave N2BR,2BA$2.10
Fountain Court Apartments1 bedroom1BR,1BA$1.60
Alta Mar at Broadwater ApartmentsCaravel1BR,1BA$1.57
Loft at Third Apartments | Renovated 1 & 2 Bedrooms1LRH1BR,1BA$2.13
Sans Souci Apartments1 BR1BR,1BA$1.83
Wildwood ApartmentsModel A2BR,1BA$2.17

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The 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.

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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
Melrose-Mercy, St. Petersburg, FL

Ranked #5

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 the Cheapest Studio apartment in Melrose-Mercy?

Currently the most affordable Cheap Studio Apartment in Melrose-Mercy is at 5th Ave Loft Apartments listed at $1,150.

How much is rent for a Cheap One Bedroom Melrose-Mercy Apartment?

The lowest price for a Cheap One Bedroom Melrose-Mercy Apartment is $1,199 at Alta Mar at Broadwater Apartments.

What is the lowest price for a Cheap Two Bedroom Melrose-Mercy Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Melrose-Mercy is starting from $1,300 at Wildwood Apartments.

What is the most affordable Melrose-Mercy Three Bedroom Apartment?

The best deal on a cheap Melrose-Mercy Three Bedroom Apartment rental is at Alta Mar at Broadwater Apartments and starts from $1,925.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.