Cheap Apartments for Rent in Treasure Island, FL from $700 (6 Rentals)

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Parthenon Apartments
1 Bedroom Apartments

Parthenon Apartments

3720 76th St NSt. Petersburg, FL 33710
  • Utilities Included
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Le Mans Apartments
1 to 2 Bedroom Apartments

Le Mans Apartments

6565 5th Ave SSt. Petersburg, FL 33707
  • Utilities Included

Treasure Island, FL Local Guide

Cheapest Neighborhoods for Apartments in Treasure Island, FL

Pricing Updated: 06/28/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Isle Of Capri$6,305$1,6957
Paradise Island$17,760$1,30323
Sunset Beach$17,760$1,6005

Cheapest Available Treasure Island Apartments for Rent and Nearby

 

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 $1,299. Bay Pointe Tower in the Sunset Beach neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,460. Here is today’s list of the most affordable Treasure Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Drake at St. PeteSakonnetStudio,1BA$1,299
Bay Pointe TowerS1Studio,1BA$1,460
Lakeshore Apartments2 Bed Room 2 Bath2BR,2BA$1,595

Best Value Apartments for Rent in Treasure Island, FL and Nearby

As of June 28, 2025 the best value apartment in the Treasure Island area is the $1.65 price per square foot 345 Capri Blvd Model at 345 Capri Blvd, Unit 4 in the in the Isle of Capri neighborhood starting from $3,500. The second greatest value Treasure Island apartment is the B1 Model at Waters Pointe starting at $2,410 with a $2.48 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 ListingModel NameBed/BathPrice Per Sq.Ft.
345 Capri Blvd, Unit 4345 Capri Blvd3BR,3BA$1.65
Waters PointeB12BR,1BA$2.48
Lakeshore Apartments2 Bed Room 2 Bath2BR,2BA$1.68
113 140th Ave E, Unit Apt113 140th Ave E1BR,1BA$2.47
13535 Boca Ciega Ave, Unit 413535 Boca Ciega Ave1BR,1BA$3.38
The Courtney at Bay PinesCatalonia1BR,1BA$3.03
6389 2nd Ave N, Unit Pasadena Rear6389 2nd Ave N1BR,1BA$3.80
646 75th Ave, Unit #3646 75th Ave1BR,1BA$3.20
The Drake at St. PeteSakonnetStudio ,1BA$2.89
Bay Pointe TowerE1Studio ,1BA$3.51

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Treasure Island, FL Rentals by Map

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Getting Around Treasure Island, FL

Walk Score®

47 / 100

Car-Dependent

Most errands require a car

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

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 $2,185.

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 $1,305, while the average apartment in Treasure Island costs $13,941.

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 3 regular apartments in Treasure Island 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 Treasure Island?

Cheap apartments in Treasure Island have an average cost of $979 which is $12,962 cheaper than the average rent for all rentals in Treasure Island.

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.

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