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$1,121 - $2,391Studio to 3 Bedroom Apartments Available Now
The Drake at St. Pete
1699 68th St NSt. Petersburg, FL 33710
Cheap Apartments for Rent in the Paradise Island Neighborhood of St. Petersburg, FL from $800 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Paradise Island area of St. Petersburg.
1100 70th St N
St. PetersburgFL33710
520 70th St N
St. PetersburgFL33710
7035 4th Ave N
St. PetersburgFL33710
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Studio to 1 Bedroom Apartments
Lutheran Residences of South Pasadena
6800 Park StSt. Petersburg, FL 33707
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$1,303 - $1,648Studio to 1 Bedroom Apartments Available Now
Bay Pointe Tower
880 Oleander Way SSouth Pasadena, FL 33707
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.
12175 3rd St E
Treasure IslandFL33706
11425 1st St E
Treasure IslandFL33706
11225 1st St E
Treasure IslandFL33706
13320 2nd St E
Madeira BeachFL33708
155 110th Ave
Treasure IslandFL33706
7057 Sunset Dr S
South PasadenaFL33707
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.
Showing Results 1-12, Page 1 of 1
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 | $1,378 | $1,121 | $1,535 |
| Paradise Island 1 Bedroom Apartments | $1,689 | $1,263 | $4,360 |
| Paradise Island 2 Bedroom Apartments | $2,343 | $1,485 | $5,201 |
| Paradise Island 3 Bedroom Apartments | $4,087 | $1,999 | $7,793 |
Browse Apartments in this Neighborhood
There are currently 12 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
- Nearby St. Petersburg neighborhoods
- Nearby Cities
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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 The Drake at St. Pete priced from $1,190. Bay Pointe Tower has the second lowest priced unit, which is a Studio apartment currently listed from $1,460. Here are the most affordable Paradise Island apartments for rent in Tampa, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Drake at St. Pete | Sakonnet | Studio,1BA | $1,190 |
| Bay Pointe Tower | S1 | Studio,1BA | $1,460 |
| Waters Pointe | A4 | 1BR,1BA | $1,879 |
| Splendid unit near the beach | Walk to the beach | 2BR,1BA | $2,250 |
Best Value Apartments for Rent in Paradise Island, FL
As of December 18, 2025 the best value apartment in the Paradise Island area is the $2.50 price per square foot Walk to the beach Model at Splendid unit near the beach in the in the Corey Ave Bsa neighborhood starting from $2,250. The second greatest value Paradise Island apartment is the B3 Model at Waters Pointe starting at $2,715 with a $3.08 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. |
|---|---|---|---|
| Splendid unit near the beach | Walk to the beach | 2BR,1BA | $2.50 |
| Waters Pointe | B3 | 2BR,2BA | $3.08 |
| 13406 Boca Ciega Ave, Unit #4 | 13406 Boca Ciega Ave | 2BR,2BA | $2.50 |
| The Drake at St. Pete | Sakonnet | Studio ,1BA | $2.64 |
| Bay Pointe Tower | E1 | Studio ,1BA | $3.51 |
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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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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Pet Friendly LifestyleParadise Island, St. Petersburg, FL
Ranked #120
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Paradise Island Apartments
What is a cheap apartment in Paradise Island?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Paradise Island is under $2,250.
What is the price of a cheap apartment in Paradise Island?
The cheapest apartment in Paradise Island is The Drake at St. Pete which is listed at $1,263, while the average apartment in Paradise Island costs $40,165.
What types of apartments are the cheapest in Paradise Island?
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 17 regular apartments in Paradise Island 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 Paradise Island?
Cheap apartments in Paradise Island have an average cost of $518 which is $39,647 cheaper than the average rent for all rentals in Paradise Island.
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
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.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!