Cheap Apartments for Rent in the Paradise Island Neighborhood of Treasure Island, FL from $1,300 (10 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Paradise Island area of Treasure Island.

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11095 1st St E
1 Bedroom Apartments

11095 1st St E

11095 1st St ETreasure Island, FL 33706
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121 104th Ave
1 Bedroom Apartments

121 104th Ave

121 104th AveTreasure Island, FL 33706
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Palm Pointe
1 Bedroom Apartments

Palm Pointe

11160 3rd St ETreasure Island, FL 33706

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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Villa Vacilia
1 to 2 Bedroom Apartments

Villa Vacilia

9250 Blind Pass RdSt Pete Beach, FL 33706

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

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 ListingModel NameBed/BathPriced From
Bay Pointe TowerS1Studio,1BA$1,460
Lakeshore Apartments2 BedRoom 1 Bath2BR,2BA$1,525
Waters PointeA41BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
345 Capri Blvd, Unit 4345 Capri Blvd3BR,3BA$1.65
Waters PointeB12BR,1BA$2.48
Lakeshore Apartments2 BedRoom 1 Bath2BR,2BA$1.69
113 140th Ave E, Unit Apt113 140th Ave E1BR,1BA$2.47
13535 Boca Ciega Ave, Unit 413535 Boca Ciega Ave1BR,1BA$3.38
6389 2nd Ave N, Unit Pasadena Rear6389 2nd Ave N1BR,1BA$3.80
646 75th Ave, Unit #3646 75th Ave1BR,1BA$3.20
Bay Pointe TowerE1Studio ,1BA$3.51

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Pet Friendly Lifestyle
Paradise Island, Treasure Island, FL

Ranked #2

Among neighborhoods in Treasure Island, FL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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

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.

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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.

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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.

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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.

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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.