
Cheap Apartments for Rent in Treasure Island, FL from $700 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in Treasure Island.


The Drake at St. Pete

1100 70th St N

Lakeshore Apartments
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.

Bay Pointe Tower

Parthenon Apartments

Lutheran Residences of South Pasadena

Discover Comfort & Convenience
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.
Treasure Island, FL Local Guide

How much does it cost to rent an apartment in Treasure Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Treasure Island Studio Apartments | $1,430 | $1,120 | $2,200 |
| Cheap Treasure Island 1 Bedroom Apartments | $1,814 | $1,195 | $4,813 |
| Cheap Treasure Island 2 Bedroom Apartments | $2,336 | $1,425 | $5,339 |
| Cheap Treasure Island 3 Bedroom Apartments | $6,195 | $2,273 | $10,000+ |
Browse Top Apartments in Treasure Island
See all Apartments in Treasure IslandExplore Treasure Island
Treasure Island, FL Local Guide
- Treasure Island Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Treasure Island, FL
Pricing Updated: 01/25/2026Current apartment rentals in the Treasure Island, FL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Treasure Island Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Paradise Island | $5,041 | $1,120 | 50 |
| Isle Of Capri | $7,677 | $1,300 | 14 |
| Sunset Beach | $7,712 | $1,650 | 8 |
Cheapest Available Treasure Island Apartments for Rent
 The cheapest available apartment rental in Treasure Island, FL is a Studio unit found at The Drake at St. Pete in the Jungle Terrace neighborhood priced from $1,195. Bay Pointe Tower in the Sunset Beach neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,290. Here is today’s list of the most affordable Treasure Island apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Drake at St. Pete | Sakonnet | Studio,1BA | $1,195 |
| Bay Pointe Tower | E1 | Studio,1BA | $1,290 |
| Lakeshore Apartments | 2 BedRoom 1 Bath | 2BR,1BA | $1,425 |
Best Value Apartments for Rent in Treasure Island, FL
As of January 25, 2026 the best value apartment in the Treasure Island area is the $1.58 price per square foot 2 BedRoom 1 Bath Model at Lakeshore Apartments in the in the Jungle Terrace neighborhood starting from $1,425. The second greatest value Treasure Island apartment is the Walk to the beach Model at Splendid unit near the beach starting at $2,250 with a $2.50 price per square foot in the Corey Ave Bsa neighborhood. Here is today’s list of the best values for Treasure Island apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lakeshore Apartments | 2 BedRoom 1 Bath | 2BR,1BA | $1.58 |
| Splendid unit near the beach | Walk to the beach | 2BR,1BA | $2.50 |
| Waters Pointe | B3 | 2BR,2BA | $3.08 |
| Sand Cove Apartment Homes | Starfish | 1BR,1BA | $2.29 |
| 7301 3rd Ave N | 7301 3rd Ave N | 2BR,1BA | $2.35 |
| The Courtney at Bay Pines | Catalonia | 1BR,1BA | $2.94 |
| 6835 Blind Pass Rd, Unit 2 | 6835 Blind Pass Rd | 1BR,1BA | $3.18 |
| Raven at Bay Pines | Finch | 1BR,1BA | $2.82 |
| 14212 E Parsley Dr, Unit 2 | 14212 E Parsley Dr | 1BR,1BA | $2.91 |
| The Drake at St. Pete | Sakonnet | Studio ,1BA | $2.66 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleTop Student Friendly Neighborhoods to Rent Near Colleges in Tampa
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Tampa Bay area for affordable living. Find your perfect Tampa Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Treasure Island, FL Rentals by Map
See the most popular apartments and homes in Treasure Island, FL
Frequently Asked Questions about Cheap Treasure Island Apartments
What is a cheap apartment in Treasure Island?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Treasure Island is under $1,735.
What is the price of a cheap apartment in Treasure Island?
The cheapest apartment in Treasure Island is The Drake at St. Pete which is listed at $1,299, while the average apartment in Treasure Island costs $6,810.
What types of apartments are the cheapest in Treasure Island?
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 15 regular apartments in Treasure Island that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.