Cheap Apartments for Rent in the South Peninsula Neighborhood of Saint Petersburg, FL from $400 (164 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the South Peninsula area of Saint Petersburg.

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.

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.

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.

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.

Tampa's Best Affordable Neighborhoods

Learn about Tampa and the best places to live with original content written by our Tampa, FL Local Expert Vickie Ferguson

property at 2219 24th Ave S

2219 24th Ave S

St. PetersburgFL33712

South Peninsula, St. Petersburg, FL Local Guide

Cheapest Available South Peninsula Apartments for Rent

 

The cheapest available apartment rental in the South Peninsula area of St. Petersburg, FL is a 1 Bed unit found at 5901 Fairfield Ave S priced from $775. Reserve at Lake Pointe Apartments and Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,180. Here are the most affordable South Peninsula apartments for rent in St. Petersburg, FL:

Apartment ListingModel NameBed/BathPriced From
5901 Fairfield Ave S1 Bed, 1 bath1BR,1BA$775
Reserve at Lake Pointe Apartments and TownhomesOne Bedroom1BR,1BA$1,180
Alta Mar at Broadwater ApartmentsCaravel1BR,1BA$1,199
LakesideStudioStudio,1BA$1,200
Nautica ApartmentsThe SternStudio,1BA$1,210
Flagler Pointe Apartments1/1 A1BR,1BA$1,220
Marisol Vista Apartment HomesA11BR,1BA$1,242
Osprey Pointe1 bed 1 bath Full Reno1BR,1BA$1,245
Park House ApartmentsOne Bedroom One Bath1BR,1BA$1,250

Best Value Apartments for Rent in South Peninsula, FL

As of June 24, 2025 the best value apartment in the South Peninsula area is the $1.39 price per square foot 1311 24th Ave S Model at 1311 24th Ave S, Unit 2 in the in the Highland Oaks neighborhood starting from $1,850. The second greatest value South Peninsula apartment is the Three Bedroom / Two Bathroom Model at Shores Apartments, Ltd starting at $1,537 with a $1.29 price per square foot in the Bayview neighborhood. Here is today’s list of the best values for South Peninsula apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1311 24th Ave S, Unit 21311 24th Ave S2BR,1BA$1.39
Shores Apartments, LtdThree Bedroom / Two Bathroom3BR,2BA$1.29
600 Highland St N, Unit 3600 Highland St N2BR,1BA$1.59
Bardmoor PointeTwo Bedroom One Bath2BR,1BA$1.54
Oak Manor ApartmentsTwo Bedroom2BR,1BA$1.60
Reserve at Lake Pointe Apartments and TownhomesTwo Bedroom2BR,1BA$1.62
Marisol Vista Apartment HomesA11BR,1BA$1.51
The Waverly1 Beds, 1 Baths1BR,1BA$1.59
Alta Mar at Broadwater ApartmentsCaravel1BR,1BA$1.57
5901 Fairfield Ave S1 Bed, 1 bath1BR,1BA$1.19

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
South Peninsula, Saint Petersburg, FL

Ranked #1

Among neighborhoods in Saint Petersburg, FL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Central St. Petersburg, FL. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and much more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap South Peninsula Apartments

What is the Cheapest Studio apartment in South Peninsula?

Currently the most affordable Cheap Studio Apartment in South Peninsula is at Northbay Villas listed at $1,195.

How much is rent for a Cheap One Bedroom South Peninsula Apartment?

The lowest price for a Cheap One Bedroom South Peninsula Apartment is $775 at 5901 Fairfield Ave S.

What is the lowest price for a Cheap Two Bedroom South Peninsula Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in South Peninsula is starting from $875 at 5901 Fairfield Ave S.

What is the most affordable South Peninsula Three Bedroom Apartment?

The best deal on a cheap South Peninsula Three Bedroom Apartment rental is at Shores Apartments, Ltd and starts from $1,537.

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 Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.