Cheap Apartments for Rent in the Melrose-Mercy Neighborhood of St. Petersburg, FL from $400 (65 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 680 22nd Ave S

680 22nd 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.

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.

property at 750 7th Ave N

750 7th Ave N

St. PetersburgFL33701

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Sans Souci Apartments
Studio to 1 Bedroom Apartments

Sans Souci Apartments

512 Dartmoor St NSt. Petersburg, FL 33701
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Astoria Apartments
Studio to 1 Bedroom Apartments

Astoria Apartments

2026 4th St SSt. Petersburg, FL 33705
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114 7th St N
Studio to 1 Bedroom Apartments

114 7th St N

114 7th St NSt. Petersburg, FL 33701
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Lutheran Apartments
Studio to 1 Bedroom Apartments

Lutheran Apartments

550 1st Ave SSt. Petersburg, FL 33701
Senior Living

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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The Courtyard Vinoy
1 to 2 Bedroom Apartments

The Courtyard Vinoy

256-266 7th Ave NESt. Petersburg, FL 33701
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Northbay Villas
Studio to 2 Bedroom Apartments

Northbay Villas

1023 Locust St NESt. Petersburg, FL 33701
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Woodlawn Oaks
1 Bedroom Apartments

Woodlawn Oaks

1541 16th St NSt. Petersburg, FL 33704
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The Plantation Inn
Studio to 2 Bedroom Apartments

The Plantation Inn

1830 Dr. Martin Luther King Jr St NSt. Petersburg, FL 33704
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844 5th Ave S
Studio to 2 Bedroom Apartments

844 5th Ave S

844 5th Ave SSt. Petersburg, FL 33701
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Burlington Post 55+
1 to 2 Bedroom Apartments

Burlington Post 55+

3201 Burlington Ave NSt. Petersburg, FL 33713
Senior Living
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Delmar 745
1 to 2 Bedroom Apartments

Delmar 745

745 Delmar Ter SSt. Petersburg, FL 33701
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1601 5th St N
1 Bedroom Apartments

1601 5th St N

1601 5th St NSt. Petersburg, FL 33704
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City Place Senior
1 to 2 Bedroom Apartments

City Place Senior

298 8th St NSt. Petersburg, FL 33701

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 Lakeside priced from $1,200. Palm Court Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,295. Here are the most affordable Melrose-Mercy apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
LakesideStudioStudio,1BA$1,200
Palm Court Apartments0 Beds, 1 BathsStudio,1BA$1,295
Coliseum ApartmentsStudio, 1 bathStudio,1BA$1,295
Alta Mar at Broadwater ApartmentsCaravel1BR,1BA$1,361
The Atlas Apartments- SabalRenovated Apartments!1BR,1BA$1,395
Nordica FlatsA21BR,1BA$1,399
Fountain Court Apartments1 bedroom1BR,1BA$1,400
The WaylandStudio, One Bath North DeluxeStudio,1BA$1,419
Loft at Third Apartments | Renovated 1 & 2 Bedrooms1/1LG1BR,1BA$1,510

Best Value Apartments for Rent in Melrose-Mercy, FL

As of May 29, 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 LEASED Model at Pacific starting at $1,895 with a $1.58 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1311 24th Ave S, Unit 21311 24th Ave S2BR,1BA$1.39
PacificLEASED3BR,2BA$1.58
Fountain Court Apartments2 bedroom2BR,1BA$1.73
600 Highland St N, Unit 3600 Highland St N2BR,1BA$1.68
Kentucky 1414Home2BR,1BA$1.63
1715 14th St S, Unit 1715 14th St S1715 14th St S3BR,1BA$1.73
Booker Creek ApartmentsB12BR,2BA$2.12
Kentucky 540Home2BR,1BA$2.11
Waterside at Coquina KeyB1BR,1BA$1.76
Alta Mar at Broadwater ApartmentsCaravel1BR,1BA$1.78

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Melrose-Mercy, St. Petersburg, FL

Ranked #6

Among neighborhoods in St. Petersburg, FL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 Lakeside listed at $1,200.

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

The lowest price for a Cheap One Bedroom Melrose-Mercy Apartment is $1,350 at Lakeside.

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 $1,602 at Alta Mar at Broadwater 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 Pacific and starts from $1,895.

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.

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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.