
Cheap Homes for Rent in Paradise Island Neighborhood of St. Petersburg, FL from $1,300 (38 Rentals)
Search the lowest-cost Homes available for rent right now in the Paradise Island area of St. Petersburg.


7261 Bay St, Unit 2

7261 Bay St, Unit 5

1 Bed/1 Bath - 6

520 70th St N

8151 Blind Pass Rd

2 Bed/1 Bath - 8

7645 Sun Island Dr S, Unit 307

11155 2nd St E
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

11440 1st St E

6950 Avenue Des Palais

1324 Pasadena Ave S

10365 Paradise Blvd

9030 Blind Pass Rd

11355 3rd St E

7321 Central Ave

511 Plaza Seville Ct

8465 W Gulf Blvd
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8911 Blind Pass Rd, Unit 223

10355 Paradise Blvd

8931 Blind Pass Rd

6960 20th Ave N

13406 Boca Ciega Ave, Unit 4

350 80th Ave

1840 Shore Dr S

1316 Pasadena Ave S, Unit 204

1130 Rue Des Chateaux, Unit 2A
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.

9060 Blind Pass Rd

200 Westwood Terrace N

9715 Harrell Ave

500 Treasure Island Causeway

1868 Shore Dr S

1150 Rue des Reines, Unit 1150 Rue Des Reines

11655 3rd St E

7420 Bay Island Dr S, Unit 176

13388 1st St E
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680 71st Ave

7871 Sailboat Key Blvd S
Paradise Island, St. Petersburg, FL Local Guide

How much does it cost to rent a home in Paradise Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Paradise Island 2 Bedroom Homes for Rent | $3,163 | $1,400 | $10,000+ |
| Paradise Island 3 Bedroom Homes for Rent | $5,906 | $2,300 | $10,000+ |
| Paradise Island 4 Bedroom Homes for Rent | $10,183 | $3,100 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 38 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 $1,348. 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 | $1,348 |
| Bay Pointe Tower | S1 | Studio,1BA | $1,460 |
| Splendid unit near the beach | Walk to the beach | 2BR,1BA | $1,895 |
| Waters Pointe | A2 | 1BR,1BA | $1,920 |
| 9030 Blind Pass Rd | 1 Beds, 1 Baths | 1BR,1BA | $2,225 |
Best Value Apartments for Rent in Paradise Island, FL
As of July 03, 2026 the best value apartment in the Paradise Island area is the $2.11 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 $1,895. The second greatest value Paradise Island apartment is the A2 Model at Waters Pointe starting at $1,920 with a $2.50 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 | $2.11 |
| Waters Pointe | A2 | 1BR,1BA | $2.50 |
| 412 73rd Ave, Unit 1 | 412 73rd Ave | 2BR,1BA | $3.38 |
| 520 69th Ave, Unit 1 | 520 69th Ave | 1BR,1BA | $4.40 |
| The Drake at St. Pete | Sakonnet | Studio ,1BA | $3.00 |
| Bay Pointe Tower | A1 | 1BR,1BA | $3.68 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Pet Friendly LifestyleParadise Island, St. Petersburg, FL
Ranked #132
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Paradise Island
What type of rentals are currently available in Paradise Island?
There are currently 221 Apartments for Rent in Paradise Island, FL with pricing that ranges from $1,125 to $10,230. There are also 144 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paradise Island ranging from $1,300 to $18,000.
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 $1,300 to $18,000 with an average monthly rent of $4,390.
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.
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.