Cheap Apartments for Rent in the University Park Neighborhood of Saint Petersburg, FL from $400 (146 Rentals)

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

property at 734 21st Ave S

$1,175 - $1,375

1 To 2 Bedroom Rentals

Available Now

734 21st Ave S

St. PetersburgFL33705

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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property at 520 11th Ave N

$1,225

1 Bedroom Rentals

Available Now

520 11th Ave N

St. PetersburgFL33701
property at 2219 Highland St S

$1,250 - $1,650

1 To 2 Bedroom Rentals

Available Now

2219 Highland St S

St. PetersburgFL33705

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.

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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.

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property at 1115 Highland St N

$1,400 - $1,700

1 To 2 Bedroom Rentals

Available Now

1115 Highland St N

St. PetersburgFL33701
property at 725 Jackson St N

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450

1 Bedroom, 1 Bath Home for Rent

Available Now

725 Jackson St N

St. PetersburgFL33705

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.

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property at 2525 13th Ave N

$1,550 - $5,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,550 - $5,650
Total Monthly Price
$1,550 - $5,650

1 To 4 Bedroom Townhomes for Rent

Available Now

2525 13th Ave N

St. PetersburgFL33713

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.

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Showing Results 1-50, Page 1 of 3

University Park, St. Petersburg, FL Local Guide

Cheapest Available University Park Apartments for Rent

 

The cheapest available apartment rental in the University Park area of Tampa, FL is a Studio unit found at Colony Apartments priced from $1,150. The Wayland has the second lowest priced unit, which is a Studio apartment currently listed from $1,173. Here are the most affordable University Park apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
Colony ApartmentsStudio, 1 bathStudio,1BA$1,150
The WaylandStudio, One Bath North DeluxeStudio,1BA$1,173
San Rafael Apartments2Studio,1BA$1,195
Dover Apartments1BR1BR,1BA$1,200
Palm Court Apartments0 Beds, 1 BathsStudio,1BA$1,250
Nordica FlatsA21BR,1BA$1,299
832 1st St N1 Bed Room1BR,1BA$1,300
1701 16th St N0/1Studio,1BA$1,300

Best Value Apartments for Rent in University Park, FL

As of April 16, 2026 the best value apartment in the University Park area is the $2.12 price per square foot 537 6th St N Model at 537 6th St N, Unit 537 6th St N in the in the Greater South Central neighborhood starting from $2,200. The second greatest value University Park apartment is the 1311 24th Ave S Model at 1311 24th Ave S starting at $1,750 with a $1.70 price per square foot in the Highland Oaks neighborhood. Here is today’s list of the best values for University Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
537 6th St N, Unit 537 6th St N537 6th St N1BR,1BA$2.12
1311 24th Ave S1311 24th Ave S2BR,1BA$1.70
Booker Creek ApartmentsB12BR,2BA$1.85
Veranda Flats2 Bedroom 1 Bath1BR,1BA$2.30
246 21st Ave N, Unit Porch View246 21st Ave N1BR,1BA$2.54
480 31st Ave N, Unit 480 1/2 Unit A480 31st Ave N1BR,1BA$2.04
Dover Apartments1BR1BR,1BA$2.00
Sans Souci Apartments1 BR1BR,1BA$2.13
Nordica FlatsA11BR,1BA$2.39
Palm Court Apartments0 Beds, 1 BathsStudio ,1BA$2.66

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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Cash 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.

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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
University Park, Saint Petersburg, FL

Ranked #20

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
University Park, Saint Petersburg, FL

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities and towns across the United States, including Saint Petersburg. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, pet-friendly features, multifamily communities for the kids, proximity to transit, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap University Park Apartments

What is a cheap apartment in University Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Park is under $1,300.

What is the price of a cheap apartment in University Park?

The cheapest apartment in University Park is Dover Apartments which is listed at $1,200, while the average apartment in University Park costs $10,793.

What types of apartments are the cheapest in University Park?

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 37 regular apartments in University Park 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 University Park?

Cheap apartments in University Park have an average cost of $233 which is $10,560 cheaper than the average rent for all rentals in University Park.

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

decorative image for A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in Tampa article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.