
Cheap Apartments for Rent in the Paradise Island Neighborhood of Treasure Island, FL from $1,265 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Paradise Island area of Treasure Island.


11095 1st St E

The Shell Haven

Bay Vista Apartments

121 104th Ave

10218 Gulf Blvd

125 110th Ave
Tampa's Best Affordable Neighborhoods
Learn about Tampa and the best places to live with original content written by our Tampa, FL Local Expert Vickie Ferguson

105 110th Ave

Colonial Arms Apartments

Palm Pointe

18 Paradise Ln

Waters Pointe

Sailpointe

The Drake at St. Pete
Rent According to Income: A Look at Income-Restricted Rentals
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115 145th Ave E

Lakeshore Apartments

Total Monthly Price
13406 Boca Ciega Ave, Unit #4

Shore Towers

Envoy Point

Stones Throw Condominium

245 104th Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $1,373 | $1,278 | $1,600 |
| Paradise Island 1 Bedroom Apartments | $1,833 | $1,265 | $3,340 |
| Paradise Island 2 Bedroom Apartments | $2,441 | $1,425 | $7,293 |
| Paradise Island 3 Bedroom Apartments | $3,178 | $2,108 | $5,056 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Paradise Island Neighborhood of Treasure Island, FL.
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Paradise Island, Treasure Island, FL Local Guide
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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 The Drake at St. Pete priced from $1,319. Lakeshore Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,595. Here are the most affordable Paradise Island apartments for rent in Treasure Island, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Drake at St. Pete | Sakonnet | Studio,1BA | $1,319 |
| Lakeshore Apartments | 2 br | 2BR,2BA | $1,595 |
| 115 145th Ave E | 115mbfl#6 | 1BR,1BA | $1,700 |
| Waters Pointe | B1 | 2BR,1BA | $2,155 |
Best Value Apartments for Rent in Paradise Island, FL
As of August 29, 2026 the best value apartment in the Paradise Island area is the $2.17 price per square foot 115mbfl#8 Model at 115 145th Ave E in the in the Isle of Capri neighborhood starting from $2,600. The second greatest value Paradise Island apartment is the B2 Model at Waters Pointe starting at $2,330 with a $2.30 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. |
|---|---|---|---|
| 115 145th Ave E | 115mbfl#8 | 1BR,1BA | $2.17 |
| Waters Pointe | B2 | 2BR,2BA | $2.30 |
| Lakeshore Apartments | 2 br | 2BR,2BA | $1.68 |
| The Drake at St. Pete | Sakonnet | Studio ,1BA | $2.93 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Pet Friendly LifestyleParadise Island, Treasure Island, FL
Ranked #1
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Paradise Island Apartments
How much is rent for a Cheap One Bedroom Paradise Island Apartment?
The lowest price for a Cheap One Bedroom Paradise Island Apartment is $1,417 at The Drake at St. Pete.
What is the lowest price for a Cheap Two Bedroom Paradise Island Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Paradise Island is starting from $1,595 at Lakeshore Apartments.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.