Cheap Apartments for Rent in the Melrose-Mercy Neighborhood of St. Petersburg, FL from $400 (113 Rentals)

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

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2034 Auburn St S, Unit 1
$850
Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850
1 Bedroom Apartment Available Now

2034 Auburn St S, Unit 1

2034 Auburn St SSt. Petersburg, FL 33712
Furnished
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2443 4th Ave N, Unit Upper
$1,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150
Studio Apartment Available Apr 1

2443 4th Ave N, Unit Upper

2443 4th Ave NSt. Petersburg, FL 33713
Affordability
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property at 730 4th Ave N

$1,175 - $1,200

Studio Rentals

Available Now

730 4th Ave N

St. PetersburgFL33701
property at 734 21st Ave S

$1,200 - $1,550

1 To 2 Bedroom Rentals

Available Now

734 21st Ave S

St. PetersburgFL33705

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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731 10th St N
$1,265
Total Monthly Price

Total Monthly Price

Base Rent
$1,265
Total Monthly Price
$1,265
1 Bedroom Apartment Available Now

731 10th St N

731 10th St NSt. Petersburg, FL 33705
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2344 1st Ave N
$1,285 - $1,485
Total Monthly Price

Total Monthly Price

Base Rent
$1,285 - $1,485
Total Monthly Price
$1,285 - $1,485
Studio Apartment Available Now

2344 1st Ave N

2344 1st Ave NSt. Petersburg, FL 33713
Furnished
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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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property at 2219 Highland St S

$1,300 - $1,700

1 To 2 Bedroom Rentals

Available Now

2219 Highland St S

St. PetersburgFL33705
property at 2315 1st Ave N

$1,350 - $1,700

1 To 2 Bedroom Rentals

Available Now

2315 1st Ave N

St. PetersburgFL33713
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Fountain Court Apartments
Rent Specials
$1,400 - $1,900
Total Monthly Price

Total Monthly Price

Base Rent
$1,345 - $1,845
Required Monthly Fees
$55
Total Monthly Price
$1,400 - $1,900
1 to 2 Bedroom Apartments Available Now

Fountain Court Apartments

600 40th St NSt. Petersburg, FL 33713
Cost Per Sq.Ft.
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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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 1 Bed unit found at Alta Mar at Broadwater Apartments priced from $949. San Rafael Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,195. Here are the most affordable Melrose-Mercy apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
Alta Mar at Broadwater ApartmentsCaravel1BR,1BA$949
San Rafael Apartments24Studio,1BA$1,195
LakesideStudioStudio,1BA$1,200
The WaylandStudio West Tower DeluxeStudio,1BA$1,245
Sans Souci Apartments1 BR1BR,1BA$1,280
Nordica FlatsA21BR,1BA$1,299

Best Value Apartments for Rent in Melrose-Mercy, FL

As of February 23, 2026 the best value apartment in the Melrose-Mercy area is the $2.72 price per square foot B1 Model at Beacon 430 in the in the Highland Oaks neighborhood starting from $2,851. The second greatest value Melrose-Mercy apartment is the 1311 24th Ave S Model at 1311 24th Ave S starting at $1,750 with a $1.70 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.
Beacon 430B12BR,2BA$2.72
1311 24th Ave S1311 24th Ave S2BR,1BA$1.70
Booker Creek ApartmentsB22BR,2BA$1.76
Fountain Court Apartments1 bedroom1BR,1BA$1.60
Alta Mar at Broadwater ApartmentsCaravel1BR,1BA$1.24
Veranda FlatsLuxe 2 Bedroom 1 Bath1BR,1BA$2.37
Sur ClubA1A1BR,1BA$2.64
Sans Souci Apartments1 BR1BR,1BA$1.83
932 Newton Ave S, Unit unit 12932 Newton Ave S1BR,1BA$2.08
Nordica FlatsA21BR,1BA$2.34

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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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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Best Local Schools in
Melrose-Mercy, St. Petersburg, FL

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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 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 $1,299.

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 $10,793.

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 26 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 $166 which is $10,627 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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