Cheap Apartments for Rent in the South Peninsula Neighborhood of Saint Petersburg, FL from $300 (228 Rentals)

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

property at 3301 58th Ave S

3301 58th Ave S

St. PetersburgFL33712
property at 986 22nd Ave S

986 22nd Ave S

St. PetersburgFL33705
property at 1316 12th St S

1316 12th St S

St. PetersburgFL33705

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 Studio unit found at Whitehall Garden Apartments priced from $1,000. Eveningside Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here are the most affordable South Peninsula apartments for rent in St. Petersburg, FL:

Apartment ListingModel NameBed/BathPriced From
Whitehall Garden ApartmentsStudioStudio,1BA$1,000
Eveningside Apartments1 BR/ 1 BATH1BR,1BA$1,050
Park House ApartmentsOne Bedroom One Bath1BR,1BA$1,100
Crossings at 66thOne bedroom One Bath1BR,1BA$1,100
St. Charles RowA11BR,1BA$1,120
Osprey Pointe1 Bed 1 Bath1BR,1BA$1,125
Lincoln Shores ApartmentsA11BR,1BA$1,137
5th Ave Loft Apartments303Studio,1BA$1,150
The WaylandStudio, One Bath North DeluxeStudio,1BA$1,159

Best Value Apartments for Rent in South Peninsula, FL

As of November 13, 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 2 bedrooms 2 bathrooms Upgraded with 1200 Squar... Model at Enclave at Sabal Pointe Apartments starting at $1,629 with a $1.36 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
Enclave at Sabal Pointe Apartments2 bedrooms 2 bathrooms Upgraded with 1200 Squar...2BR,2BA$1.36
Bardmoor Villas2BR/1.0BA2BR,1BA$1.50
Bardmoor PointeTwo Bedroom One Bath w/ washer and dryer2BR,1BA$1.53
The Waverly2 Beds, 1 Baths2BR,1BA$1.43
Reserve at Lake Pointe Apartments and TownhomesTwo Bedroom2BR,1BA$1.49
Park Village ApartmentsMagnolia2BR,2BA$1.56
Fountain Court Apartments1 bedroom1BR,1BA$1.60
Marisol Vista Apartment HomesA11BR,1BA$1.54
Alta Mar at Broadwater ApartmentsCaravel1BR,1BA$1.57

Quick Rent Budget Calculator

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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
South Peninsula, Saint Petersburg, FL

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 a cheap apartment in South Peninsula?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Peninsula is under $1,159.

What is the price of a cheap apartment in South Peninsula?

The cheapest apartment in South Peninsula is Eveningside Apartments which is listed at $1,050, while the average apartment in South Peninsula costs $8,344.

What types of apartments are the cheapest in South Peninsula?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 46 regular apartments in South Peninsula that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in South Peninsula?

Cheap apartments in South Peninsula have an average cost of $300 which is $8,044 cheaper than the average rent for all rentals in South Peninsula.

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 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! 

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

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.