
Cheap Apartments for Rent in the Paradise Island Neighborhood of St. Petersburg, FL from $800 (8 Rentals)
Cheap Apartments in the Paradise Island area of St. Petersburg.


The Drake at St. Pete
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Park House Apartments

Raven at Monterey
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Lakeshore Apartments

Lutheran Residences of South Pasadena
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

Bay Pointe Tower

200 104th Ave
Paradise Island, St. Petersburg, FL Local Guide

How much does it cost to rent an apartment in Paradise Island?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Paradise Island Studio Apartments | $1,402 | $1,210 | $1,700 |
Paradise Island 1 Bedroom Apartments | $1,613 | $1,303 | $2,600 |
Paradise Island 2 Bedroom Apartments | $2,153 | $1,500 | $3,500 |
Paradise Island 3 Bedroom Apartments | $4,568 | $2,721 | $8,620 |
Paradise Island 4 Bedroom Apartments | $19,350 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Paradise Island Neighborhood of St. Petersburg, FL.
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Paradise Island, St. Petersburg, FL Local Guide
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Cheapest Available Paradise Island Apartments for Rent
 The cheapest available apartment rental in the Paradise Island area of Tampa, FL is a Studio unit found at Nautica Apartments priced from $1,210. The Drake at St. Pete has the second lowest priced unit, which is a Studio apartment currently listed from $1,328. Here are the most affordable Paradise Island apartments for rent in Tampa, FL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Nautica Apartments | The Stern | Studio,1BA | $1,210 |
The Drake at St. Pete | Sakonnet | Studio,1BA | $1,328 |
Park House Apartments | One Bedroom One Bath | 1BR,1BA | $1,350 |
Best Value Apartments for Rent in Paradise Island, FL
As of May 03, 2025 the best value apartment in the Paradise Island area is the $1.89 price per square foot 345 Capri Blvd Model at 345 Capri Blvd, Unit 4 in the in the Isle of Capri neighborhood starting from $4,000. The second greatest value Paradise Island apartment is the B2 Model at Waters Pointe starting at $2,260 with a $2.23 price per square foot in the Corey Ave Bsa neighborhood. Here is today’s list of the best values for Paradise Island apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
345 Capri Blvd, Unit 4 | 345 Capri Blvd | 3BR,3BA | $1.89 |
Waters Pointe | B2 | 2BR,2BA | $2.23 |
Lakeshore Apartments | 2 BedRoom 1 Bath | 2BR,1BA | $1.69 |
2820 DuPont St S | 203 | 2BR,1.5BA | $1.94 |
Park House Apartments | One Bedroom One Bath | 1BR,1BA | $2.27 |
The Drake at St. Pete | Landmark | 1BR,1BA | $2.52 |
601 76th Ave, Unit D | 601 76th Ave | 1BR,1BA | $3.60 |
Nautica Apartments | The Stern | Studio ,1BA | $2.69 |
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Pet Friendly LifestyleParadise Island, St. Petersburg, FL
Ranked #121
Among neighborhoods in St. Petersburg, FL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Paradise Island Apartments
What is the Cheapest Studio apartment in Paradise Island?
Currently the most affordable Cheap Studio Apartment in Paradise Island is at Nautica Apartments listed at $1,210.
How much is rent for a Cheap One Bedroom Paradise Island Apartment?
The lowest price for a Cheap One Bedroom Paradise Island Apartment is $1,350 at Park House Apartments.
What is the lowest price for a Cheap Two Bedroom Paradise Island Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Paradise Island is starting from $1,500 at Park House Apartments.
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.

A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in Tampa
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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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Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.