
Cheap Apartments for Rent in the South Peninsula Neighborhood of Saint Petersburg, FL from $400 (164 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Peninsula area of Saint Petersburg.


1215 Melrose St

Pennsylvania

Railroad 345

Whitehall Garden Apartments

Carlton Arms of St. Petersburg

4694 16th Ave S

4614 46th St N, Unit 4614 46th St N

750 7th Ave N

Pinewood
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.

10295 53rd Ave N

St. Charles Row

The Meadows

Osprey Pointe

Reserve at Lake Pointe Apartments and Townhomes

Alta Mar at Broadwater Apartments

Lakeside

2565 40th Ave N

2318 4th St S
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.

2440 25th St N

Nautica Apartments

Vantage Point Condominiums

Flagler Pointe Apartments

Marisol Vista Apartment Homes

Park House Apartments

Lincoln Shores Apartments

844 5th Ave 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.

Mandalay on 4th at Baypointe Preserve

2501 Oakdale St S, Unit 2

Crossings at 66th

730 4th Ave N

Zura Bay

Waterside Village
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.

Gateway On 4th

Nordica Village

Atlas at Bay Point

2025 7th St S

720 7th Ave N

1225 1/2 27th St N

Armature Square Apartments

Nordica Flats

1400 11th Ave S

Fountain Court Apartments

3700 Haines Rd N
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

2219 24th Ave S
South Peninsula, St. Petersburg, FL Local Guide

How much does it cost to rent an apartment in South Peninsula?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
South Peninsula Studio Apartments | $1,948 | $895 | $4,111 |
South Peninsula 1 Bedroom Apartments | $2,088 | $775 | $5,687 |
South Peninsula 2 Bedroom Apartments | $2,608 | $875 | $9,195 |
South Peninsula 3 Bedroom Apartments | $3,175 | $1,695 | $10,000+ |
South Peninsula 4 Bedroom Apartments | $6,433 | $2,399 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 164 rentals with your search options within a 2 mile radius of the South Peninsula Neighborhood of Saint Petersburg, FL.
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South Peninsula, St. Petersburg, FL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
5901 Fairfield Ave S | 1 Bed, 1 bath | 1BR,1BA | $775 |
Reserve at Lake Pointe Apartments and Townhomes | One Bedroom | 1BR,1BA | $1,180 |
Alta Mar at Broadwater Apartments | Caravel | 1BR,1BA | $1,199 |
Lakeside | Studio | Studio,1BA | $1,200 |
Nautica Apartments | The Stern | Studio,1BA | $1,210 |
Flagler Pointe Apartments | 1/1 A | 1BR,1BA | $1,220 |
Marisol Vista Apartment Homes | A1 | 1BR,1BA | $1,242 |
Osprey Pointe | 1 bed 1 bath Full Reno | 1BR,1BA | $1,245 |
Park House Apartments | One Bedroom One Bath | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1311 24th Ave S, Unit 2 | 1311 24th Ave S | 2BR,1BA | $1.39 |
Shores Apartments, Ltd | Three Bedroom / Two Bathroom | 3BR,2BA | $1.29 |
600 Highland St N, Unit 3 | 600 Highland St N | 2BR,1BA | $1.59 |
Bardmoor Pointe | Two Bedroom One Bath | 2BR,1BA | $1.54 |
Oak Manor Apartments | Two Bedroom | 2BR,1BA | $1.60 |
Reserve at Lake Pointe Apartments and Townhomes | Two Bedroom | 2BR,1BA | $1.62 |
Marisol Vista Apartment Homes | A1 | 1BR,1BA | $1.51 |
The Waverly | 1 Beds, 1 Baths | 1BR,1BA | $1.59 |
Alta Mar at Broadwater Apartments | Caravel | 1BR,1BA | $1.57 |
5901 Fairfield Ave S | 1 Bed, 1 bath | 1BR,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.
Pet Friendly LifestyleSouth Peninsula, Saint Petersburg, FL
Ranked #1
Among neighborhoods in Saint Petersburg, FL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 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.

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.

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.

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.

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.