
Cheap Homes for Rent in Paradise Island Neighborhood of St. Petersburg, FL from $1,300 (54 Rentals)
Search the lowest-cost Homes available for rent right now in the Paradise Island area of St. Petersburg.


11705 3rd St E

7797 W Gulf Blvd

535 68th Ave, Unit 2

129 104th Ave

7338 Coquina Way

7540 Bay Island Dr S

8465 W Gulf Blvd

1420 70th St N

225 70th St N
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.

7740 Boca Ciega Dr

211 Pasadena Ave N

211 Pasadena Ave N

500 Treasure Island Causeway

13115 3rd St E, Unit 1C

412 73rd Ave

250 126th Ave

350 80th Ave

1846 Shore Dr S

7000 Hibiscus Ave S, Unit 2
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.

7000 Hibiscus Ave S, Unit 1

8901 Blind Pass Rd

8911 Blind Pass Rd

6932 Stones Throw Cir N, Unit #7101

11705 3rd St E

11355 3rd St E

1316 Pasadena Ave S

1316 Pasadena Ave S

6932 Stonesthrow Cir N

6932 Stonesthrow Cir N
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.

605 69th Ave

605 69th Ave

13248 4th St E

13248 4th St E

200 Westwood Terrace N

11355 3rd St E

13406 Boca Ciega Ave

11655 3rd St E

10369 Paradise Blvd, Unit 1

1868 Shore Dr S
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.

175 116th Ave

8921 Blind Pass Rd

240 115th Ave

6810 Stonesthrow Cir N

7560 Bay Island Dr S

6580 10th Ave Terrace S

7420 Bay Island Dr S

12000 Capri Cir S

7420 Bay Island Dr S

13360 Boca Ciega Ave
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 | $3,042 | $1,775 | $10,000+ |
| Paradise Island 3 Bedroom Homes for Rent | $5,148 | $1,695 | $10,000+ |
| Paradise Island 4 Bedroom Homes for Rent | $10,971 | $3,100 | $10,000+ |
| Paradise Island 5 Bedroom Homes for Rent | $18,500 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 54 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 $1,200. 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 | $1,200 |
| Bay Pointe Tower | E1 | Studio,1BA | $1,290 |
| Waters Pointe | B2 | 2BR,2BA | $2,125 |
| Splendid unit near the beach | Walk to the beach | 2BR,1BA | $2,250 |
Best Value Apartments for Rent in Paradise Island, FL
As of January 30, 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 #1 | 13406 Boca Ciega Ave | 1BR,1BA | $3.20 |
| 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 | $2.67 |
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 ArticleThe 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.
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
3.0Pet Friendly
Frequently Asked Questions about Paradise Island
What type of rentals are currently available in Paradise Island?
There are currently 223 Apartments for Rent in Paradise Island, FL with pricing that ranges from $1,120 to $12,584. There are also 158 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paradise Island ranging from $1,300 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 $1,300 to $25,000 with an average monthly rent of $6,923.
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.

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.

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.