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$1,120 - $2,401Studio 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 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Paradise Island area of St. Petersburg.
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$1,425Studio Apartments Available Now
1700 Park St N
1700 Park St NSt. Petersburg, FL 33710
520 70th St N
St. PetersburgFL33710
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Studio to 1 Bedroom Apartments
Lutheran Residences of South Pasadena
6800 Park StSt. Petersburg, 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.
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Rent Specials
$1,290 - $1,648Studio to 1 Bedroom Apartments Available Now
Bay Pointe Tower
880 Oleander Way SSouth Pasadena, FL 33707
11425 1st St E
Treasure IslandFL33706
11225 1st St E
Treasure IslandFL33706
13320 2nd St E
Madeira BeachFL33708
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.
601 Corey Ave
St Pete BeachFL33706
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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 | $1,402 | $1,120 | $1,535 |
| Paradise Island 1 Bedroom Apartments | $1,869 | $1,265 | $5,164 |
| Paradise Island 2 Bedroom Apartments | $2,486 | $1,485 | $6,495 |
| Paradise Island 3 Bedroom Apartments | $5,172 | $2,283 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Paradise Island Neighborhood of St. Petersburg, FL.
See all Apartments in St. PetersburgExplore St. Petersburg
Paradise Island, St. Petersburg, FL Local Guide
- Nearby St. Petersburg neighborhoods
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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 $1,136. Bay Pointe Tower has the second lowest priced unit, which is a Studio apartment currently listed from $1,290. 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 | $1,136 |
| Bay Pointe Tower | E1 | Studio,1BA | $1,290 |
| 7650 Coquina Way | One bedroom | 1BR,1BA | $1,850 |
Best Value Apartments for Rent in Paradise Island, FL
As of February 16, 2026 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 |
| 7650 Coquina Way | One bedroom | 1BR,1BA | $2.31 |
| 520 69th Ave, Unit 1 | 520 69th Ave | 1BR,1BA | $8.00 |
| Bay Pointe Tower | S1 | Studio ,1BA | $3.23 |
| The Drake at St. Pete | Sakonnet | Studio ,1BA | $2.52 |
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.
Read ArticleCash 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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Pet Friendly LifestyleParadise Island, St. Petersburg, FL
Ranked #111
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 Bay Pointe Tower which is listed at $1,564, while the average apartment in Paradise Island costs $32,406.
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.
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.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
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.