Cheap Homes for Rent in Melrose-Mercy Neighborhood of St. Petersburg, FL from $800 (45 Rentals)

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

property at 2025 7th St S

$875 - $1,275

1 Bedroom Rentals

Available Now

2025 7th 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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property at 1131 Queen St N

$1,300 - $2,095

1 To 3 Bedroom Rentals

Available Now

1131 Queen St N

St. PetersburgFL33713
property at 333 9th Ave N

$1,350

1 Bedroom, 1 Bath Condo for Rent

Available Now

333 9th Ave N

St. PetersburgFL33701
property at 1020 Queen St N

$1,350 - $1,500

1 Bedroom Rentals

Available Now

1020 Queen St N

St. PetersburgFL33713

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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property at 419 4th St N

$1,445 - $1,595

1 To 2 Bedroom Rentals

Available Now

419 4th St N

St. PetersburgFL33701

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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property at 333 9th Ave N

$1,550

1 Bedroom, 1 Bath Condo for Rent

Available Now

333 9th Ave N

St. PetersburgFL33701
property at 874 21st Ave S

$1,595

1 Bedroom Rentals

Available Now

874 21st Ave S

St. PetersburgFL33705

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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Showing Results 1-45, Page 1 of 1

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. Lakeside 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 ListingModel NameBed/BathPriced From
Alta Mar at Broadwater ApartmentsCaravel1BR,1BA$949
LakesideStudioStudio,1BA$1,200
Baywalk Apartments1 Bed, 1 bath1BR,1BA$1,250
The WaylandStudio West Tower DeluxeStudio,1BA$1,261
San Rafael Apartments2Studio,1BA$1,295
Nordica FlatsA21BR,1BA$1,299
Fountain Court Apartments1 bedroom1BR,1BA$1,400
Loft at Third Apartments | Renovated 1 & 2 Bedroom Apartments1/1LG1BR,1BA$1,449
Wild Woods ApartmentAmazing prices and location!2BR,2BA$1,450

Best Value Apartments for Rent in Melrose-Mercy, FL

As of January 15, 2026 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 221 15th Ave N Model at 221 15th Ave N, Unit 221 starting at $2,750 with a $2.20 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
221 15th Ave N, Unit 221221 15th Ave N2BR,1BA$2.20
Booker Creek ApartmentsC13BR,2BA$1.75
1701 14th St S, Unit A1701 14th St S2BR,1BA$1.23
Fountain Court Apartments1 bedroom1BR,1BA$1.60
Loft at Third Apartments | Renovated 1 & 2 Bedroom Apartments2/1RH2BR,1BA$2.14
Alta Mar at Broadwater ApartmentsCaravel1BR,1BA$1.24
Veranda FlatsLuxe 2 Bedroom 1 Bath2BR,1BA$2.43
Baywalk Apartments1 Bed, 1 bath1BR,1BA$2.16
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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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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Best Local Schools in
Melrose-Mercy, St. Petersburg, FL

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Frequently Asked Questions about Melrose-Mercy

What type of rentals are currently available in Melrose-Mercy?

There are currently 652 Apartments for Rent in Melrose-Mercy, FL with pricing that ranges from $949 to $17,189. There are also 273 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melrose-Mercy ranging from $875 to $18,000.

What is the current price range for Rental Homes in Melrose-Mercy?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Melrose-Mercy ranges from $875 to $18,000 with an average monthly rent of $3,913.

How much are larger Three and Four Bedroom Rentals in Melrose-Mercy?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Melrose-Mercy range from $1,417 to $17,189, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $7,500. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $10,000.

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.

Articles, How-To's, and Tips

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.