Cheap Apartments for Rent in the South Peninsula Neighborhood of Saint Petersburg, FL from $312 (303 Rentals)

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

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

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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 4925 2nd Ave S

$1,195 - $2,195

1 To 3 Bedroom Rentals

Available Now

4925 2nd Ave S

St. PetersburgFL33707

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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.

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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 $900. Alta Mar at Broadwater Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $949. Here are the most affordable South Peninsula apartments for rent in St. Petersburg, FL:

Apartment ListingModel NameBed/BathPriced From
Whitehall Garden Apartments#209Studio,1BA$900
Alta Mar at Broadwater ApartmentsCaravel1BR,1BA$949
7380 63rd St N1 Beds, 1 Baths1BR,1BA$1,025
Reserve at Lake Pointe Apartments and TownhomesStudioStudio,1BA$1,050
Crescent LaneUpstairs1BR,1BA$1,055
Pinewood11BR,1BA$1,095
301 4th Ave N, St Petersburg, FL 33701Studio/1.0BAStudio,1BA$1,100
St. Pete Gardens - Sabal0BD-1BTHStudio,1BA$1,100
Skyview Point1 Beds, 1 Baths1BR,1BA$1,100

Best Value Apartments for Rent in South Peninsula, FL

As of August 30, 2026 the best value apartment in the South Peninsula area is the $1.39 price per square foot 3X2 - Renovated Model at Calais Park Apartments in the in the Council of Cona neighborhood starting from $2,377. The second greatest value South Peninsula apartment is the 2x2 Fully Renovated with 1200 Square Feet of Li... Model at Enclave at Sabal Pointe Apartments starting at $1,694 with a $1.41 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.
Calais Park Apartments3X2 - Renovated3BR,2BA$1.39
Enclave at Sabal Pointe Apartments2x2 Fully Renovated with 1200 Square Feet of Li...2BR,2BA$1.41
7550-7750 92nd St2 Beds, 2 Baths2BR,2BA$1.47
Pam Terrace2/12BR,1BA$1.31
Clear Harbor Apartments2x22BR,2BA$1.50
Park Village ApartmentsMagnolia2BR,2BA$1.44
4091 58th Ave2 Beds, 1 Baths2BR,1BA$1.55
Marisol Vista Apartment HomesA11BR,1BA$1.53
Alta Mar at Broadwater ApartmentsCaravel1BR,1BA$1.24
Skyview Point1 Beds, 1 Baths1BR,1BA$1.55

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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Real 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.

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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
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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Best Local Schools in
South Peninsula, Saint Petersburg, FL

School data provided by Great Schools

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 $1,100.

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

The cheapest apartment in South Peninsula is Alta Mar at Broadwater Apartments which is listed at $949, while the average apartment in South Peninsula costs $1,850.

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 35 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 $191 which is $1,659 cheaper than the average rent for all rentals in South Peninsula.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.