6674 5th Ave N
St. PetersburgFL33710
Cheap Apartments for Rent in the Paradise Island Neighborhood of St. Petersburg, FL from $800 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the Paradise Island area of St. Petersburg.
6658 5th Ave N
St. PetersburgFL33710
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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Studio to 1 Bedroom Apartments
Lutheran Residences of South Pasadena
6800 Park StSt. Petersburg, FL 33707
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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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from $1,303Studio to 1 Bedroom Apartments Available Now
Bay Pointe Tower
880 Oleander Way SSouth Pasadena, FL 33707
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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 | $1,507 | $1,460 | $1,700 |
| Paradise Island 1 Bedroom Apartments | $1,892 | $1,303 | $2,600 |
| Paradise Island 2 Bedroom Apartments | $2,554 | $1,295 | $6,950 |
| Paradise Island 3 Bedroom Apartments | $6,876 | $3,500 | $9,110 |
Browse Apartments in this Neighborhood
There are currently 5 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 The Drake at St. Pete priced from $1,299. 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 | $1,299 |
| Bay Pointe Tower | S1 | Studio,1BA | $1,460 |
| Waters Pointe | B2 | 2BR,2BA | $2,185 |
Best Value Apartments for Rent in Paradise Island, FL
As of June 29, 2025 the best value apartment in the Paradise Island area is the $1.65 price per square foot 345 Capri Blvd Model at 345 Capri Blvd, Unit 4 in the in the Isle of Capri neighborhood starting from $3,500. The second greatest value Paradise Island apartment is the 113 140th Ave E Model at 113 140th Ave E, Unit Apt starting at $1,850 with a $2.47 price per square foot in the Isle of Capri 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 | $1.65 |
| 113 140th Ave E, Unit Apt | 113 140th Ave E | 1BR,1BA | $2.47 |
| Waters Pointe | A1 | 1BR,1BA | $3.16 |
| 13535 Boca Ciega Ave, Unit 4 | 13535 Boca Ciega Ave | 1BR,1BA | $3.38 |
| 520 69th Ave, Unit 1 | 520 69th Ave | 1BR,1BA | $4.80 |
| 646 75th Ave, Unit #3 | 646 75th Ave | 1BR,1BA | $3.20 |
| The Drake at St. Pete | Sakonnet | Studio ,1BA | $2.89 |
| Bay Pointe Tower | E1 | Studio ,1BA | $3.51 |
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Pet Friendly LifestyleParadise Island, St. Petersburg, FL
Ranked #135
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 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 $2,185.
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 $1,305, while the average apartment in Paradise Island costs $8,020.
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 3 regular apartments in Paradise Island that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.