Cheap Homes for Rent in Paradise Island Neighborhood of St. Petersburg, FL from $1,400 (46 Rentals)

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

property at 11705 3rd St E

11705 3rd St E

Treasure IslandFL33706
property at 13337 1st St E

13337 1st St E

Madeira BeachFL33708
property at 535 68th Ave

535 68th Ave, Unit 2

535 68th Ave
St Pete BeachFL33706

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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property at 412 73rd Ave

412 73rd Ave

St Pete BeachFL33706
property at 1846 Shore Dr S

1846 Shore 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.

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property at 11705 3rd St E

11705 3rd St E

Treasure IslandFL33706
property at 11355 3rd St E

11355 3rd St E, Unit 1

11355 3rd St E
Treasure IslandFL33706
property at 8911 Blind Pass Rd

8911 Blind Pass Rd

St Pete BeachFL33706
property at 605 69th Ave

605 69th Ave

St Pete BeachFL33706

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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property at 13248 4th St E

13248 4th St E

Madeira BeachFL33708
property at 13248 4th St E

13248 4th St E

Madeira BeachFL33708
property at 211 Pasadena Ave N

211 Pasadena Ave N

St. PetersburgFL33710

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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property at 11705 3rd St E

11705 3rd St E

Treasure IslandFL33706
property at 1824 Shore Dr S

1824 Shore Dr S

South PasadenaFL33707
property at 497 Normandy Rd

497 Normandy Rd

Madeira BeachFL33708
property at 1824 Shore Dr S

1824 Shore Dr S

South PasadenaFL33707

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-46, Page 1 of 1

Paradise Island, St. Petersburg, FL Local Guide

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 ListingModel NameBed/BathPriced From
The Drake at St. PeteSakonnetStudio,1BA$1,190
Bay Pointe TowerS1Studio,1BA$1,460
Waters PointeA11BR,1BA$1,860
Splendid unit near the beachWalk to the beach2BR,1BA$2,250

Best Value Apartments for Rent in Paradise Island, FL

As of December 13, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Splendid unit near the beachWalk to the beach2BR,1BA$2.50
Waters PointeB32BR,2BA$3.08
13406 Boca Ciega Ave, Unit #413406 Boca Ciega Ave2BR,2BA$2.50
The Drake at St. PeteSakonnetStudio ,1BA$2.64
Bay Pointe TowerE1Studio ,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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Quick Rent Budget Calculator

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 Lifestyle
Paradise Island, St. Petersburg, FL

Ranked #121

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Paradise Island

What type of rentals are currently available in Paradise Island?

There are currently 234 Apartments for Rent in Paradise Island, FL with pricing that ranges from $1,121 to $7,956. There are also 146 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paradise Island ranging from $1,450 to $25,000.

What is the current price range for Rental Homes in Paradise Island?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Paradise Island ranges from $1,450 to $25,000 with an average monthly rent of $9,261.

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

decorative image for A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in Tampa article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!