Cheap Apartments for Rent in the Paradise Island Neighborhood of Treasure Island, FL from $1,300 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Paradise Island area of Treasure Island.

Waters Pointe
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.

Sailpointe Apartments

Lakeshore Apartments

Bay Pointe Tower

646 75th Ave, Unit #3
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.
Paradise Island, Treasure Island, FL Local Guide

How much does it cost to rent an apartment in Paradise Island?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Paradise Island Studio Apartments | $1,460 | $1,460 | $1,460 |
Paradise Island 1 Bedroom Apartments | $1,845 | $1,303 | $2,365 |
Paradise Island 2 Bedroom Apartments | $2,623 | $1,525 | $8,500 |
Paradise Island 3 Bedroom Apartments | $3,863 | $2,115 | $8,260 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Paradise Island Neighborhood of Treasure Island, FL.
See all Apartments in Treasure IslandExplore Treasure Island
Paradise Island, Treasure Island, FL Local Guide
- Nearby Treasure Island neighborhoods
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Cheapest Available Paradise Island Apartments for Rent
 The cheapest available apartment rental in the Paradise Island area of Treasure Island, FL is a Studio unit found at Bay Pointe Tower priced from $1,460. Lakeshore Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,525. Here are the most affordable Paradise Island apartments for rent in Treasure Island, FL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Bay Pointe Tower | S1 | Studio,1BA | $1,460 |
Lakeshore Apartments | 2 BedRoom 1 Bath | 2BR,2BA | $1,525 |
Waters Pointe | A4 | 1BR,1BA | $1,920 |
Best Value Apartments for Rent in Paradise Island, FL
As of June 23, 2025 the best value apartment in the Paradise 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 Paradise 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 Paradise Island apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
345 Capri Blvd, Unit 4 | 345 Capri Blvd | 3BR,3BA | $1.65 |
Waters Pointe | B1 | 2BR,1BA | $2.48 |
Lakeshore Apartments | 2 BedRoom 1 Bath | 2BR,2BA | $1.69 |
113 140th Ave E, Unit Apt | 113 140th Ave E | 1BR,1BA | $2.47 |
13535 Boca Ciega Ave, Unit 4 | 13535 Boca Ciega Ave | 1BR,1BA | $3.38 |
6389 2nd Ave N, Unit Pasadena Rear | 6389 2nd Ave N | 1BR,1BA | $3.80 |
646 75th Ave, Unit #3 | 646 75th Ave | 1BR,1BA | $3.20 |
Bay Pointe Tower | E1 | Studio ,1BA | $3.51 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleParadise Island, Treasure Island, FL
Ranked #2
Among neighborhoods in Treasure Island, FL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Paradise Island Neighborhood in Treasure Island, FL
Walk Score®
32 / 100
Car-Dependent
Most errands require a car
Bike Score®
40 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Paradise Island Apartments
What is the price of a cheap apartment in Paradise Island?
The cheapest apartment in Paradise Island is Waters Pointe which is listed at $1,920, while the average apartment in Paradise Island costs $17,760.
What types of apartments are the cheapest in Paradise 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 2 regular apartments in Paradise Island that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.