Cheap Homes for Rent in Melrose-Mercy Neighborhood of St. Petersburg, FL from $1,000 (58 Rentals)

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

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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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 470 3rd St S

470 3rd St S

St. PetersburgFL33701

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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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.

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 The Wayland priced from $1,119. Booker Creek Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,125. Here are the most affordable Melrose-Mercy apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
The WaylandStudio, One Bath North DeluxeStudio,1BA$1,119
Booker Creek ApartmentsB22BR,2BA$1,125
Alta Mar at Broadwater ApartmentsCaravel1BR,1BA$1,199
LakesideStudioStudio,1BA$1,200
Nordica FlatsA21BR,1BA$1,299
Wildwood ApartmentsModel A2BR,1BA$1,300
Shores Apartments, LtdTwo Bedroom/Two Bathroom2BR,2BA$1,330
San Rafael Apartments3Studio,1BA$1,350

Best Value Apartments for Rent in Melrose-Mercy, FL

As of September 16, 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 $2,389 with a $1.93 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$1.93
Fountain Court Apartments2 bedroom2BR,1BA$1.73
1701 14th St S, Unit A1701 14th St S2BR,1BA$1.27
Shores Apartments, LtdTwo Bedroom/Two Bathroom2BR,2BA$1.32
Alta Mar at Broadwater ApartmentsCaravel1BR,1BA$1.57
Loft at Third Apartments | Renovated 1 & 2 Bedrooms1SRH1BR,1BA$2.25
Wildwood ApartmentsModel A2BR,1BA$2.17
Nordica FlatsA21BR,1BA$2.34
214 19th St N, Unit 1214 19th St N1BR,1BA$2.27

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

Ranked #4

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Melrose-Mercy

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

There are currently 657 Apartments for Rent in Melrose-Mercy, FL with pricing that ranges from $827 to $12,000. There are also 317 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melrose-Mercy ranging from $1,095 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 $1,095 to $18,000 with an average monthly rent of $5,567.

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 $11,237, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $10,000. Four Bedroom Single-Family rentals are also available starting from $1,985 and Four Bedroom Apartments start at $2,900.

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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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.