Cheap Homes for Rent in Paradise Island Neighborhood of St. Petersburg, FL from $1,400 (40 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 9715 Harrell Ave

9715 Harrell Ave

Treasure IslandFL33706
property at 11605 3rd St E

11605 3rd St E

Treasure IslandFL33706

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 1846 Shore Dr S

1846 Shore Dr S

South PasadenaFL33707
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

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 211 Pasadena Ave N

211 Pasadena Ave N

St. PetersburgFL33710

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 412 73rd Ave

412 73rd Ave

St Pete BeachFL33706

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 8911 Blind Pass Rd

8911 Blind Pass Rd

St Pete BeachFL33706
property at 497 Normandy Rd

497 Normandy Rd

Madeira BeachFL33708
property at 365 Capri Blvd

365 Capri Blvd

Treasure IslandFL33706

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 1-40, 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 1 Bed unit found at The Drake at St. Pete priced from $1,259. 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 ListingModel NameBed/BathPriced From
The Drake at St. PeteLandmark1BR,1BA$1,259
Bay Pointe TowerS1Studio,1BA$1,290
Waters PointeA41BR,1BA$1,915
Splendid unit near the beachWalk to the beach2BR,1BA$2,250

Best Value Apartments for Rent in Paradise Island, FL

As of October 28, 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 A2 Model at Waters Pointe starting at $2,245 with a $2.92 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 PointeA21BR,1BA$2.92
520 69th Ave, Unit 1520 69th Ave1BR,1BA$4.80
The Drake at St. PeteSakonnetStudio ,1BA$2.80
Bay Pointe TowerE1Studio ,1BA$3.10

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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 #153

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

Pet Friendliness Lifestyle Score

2.5
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 219 Apartments for Rent in Paradise Island, FL with pricing that ranges from $1,186 to $11,403. There are also 157 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paradise Island ranging from $1,400 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 $1,400 to $25,000 with an average monthly rent of $5,581.

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.

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.