Cheap Apartments for Rent in the Paradise Island Neighborhood of Treasure Island, FL from $1,200 (21 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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The Shell Haven
2 Bedroom Apartments

The Shell Haven

10021 Gulf BlvdTreasure 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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10218 Gulf Blvd
1 Bedroom Apartments

10218 Gulf Blvd

10218 Gulf BlvdTreasure Island, FL 33706
Furnished
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105 110th Ave
Studio Apartments

105 110th Ave

105 110th AveTreasure Island, FL 33706

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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125 110th Ave
8 Bedroom Apartments

125 110th Ave

125 110th AveTreasure Island, FL 33706
Furnished
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Palm Pointe
1 Bedroom Apartments

Palm Pointe

11160 3rd St ETreasure Island, FL 33706
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18 Paradise Ln
Studio Apartments

18 Paradise Ln

18 Paradise LnTreasure Island, FL 33706

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.

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Shore Towers
2 Bedroom Apartments

Shore Towers

1868 Shore Dr SSouth Pasadena, FL 33707
Senior Living
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Envoy Point
2 Bedroom Apartments

Envoy Point

7100 Sunset WaySt Pete Beach, FL 33706
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245 104th Ave
Studio Apartments

245 104th Ave

245 104th AveSt. Petersburg, FL 33706
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Villa Vacilia
1 to 2 Bedroom Apartments

Villa Vacilia

9250 Blind Pass RdSt Pete Beach, 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.

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 $1,235. The Drake at St. Pete has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,449. Here are the most affordable Paradise Island apartments for rent in Treasure Island, FL:

Apartment ListingModel NameBed/BathPriced From
Bay Pointe TowerE1Studio,1BA$1,235
The Drake at St. PeteKenwood1BR,1BA$1,449
Waters PointeA21BR,1BA$1,945
Park Shore Suites1 bed #91BR,1BA$2,000

Best Value Apartments for Rent in Paradise Island, FL

As of April 14, 2026 the best value apartment in the Paradise Island area is the $2.27 price per square foot 7225 Boca Ciega Dr Model at 7225 Boca Ciega Dr, Unit 8 in the in the Corey Ave Bsa neighborhood starting from $2,500. The second greatest value Paradise Island apartment is the Imperial Model at The Drake at St. Pete starting at $2,234 with a $2.23 price per square foot in the Jungle Terrace 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.
7225 Boca Ciega Dr, Unit 87225 Boca Ciega Dr2BR,2BA$2.27
The Drake at St. PeteImperial3BR,2BA$2.23
Waters PointeB32BR,2BA$2.67
412 73rd Ave, Unit 1412 73rd Ave2BR,1BA$3.85
Park Shore Suites1 bed #91BR,1BA$3.33
6835 Blind Pass Rd, Unit 26835 Blind Pass Rd1BR,1BA$3.09
520 69th Ave, Unit 1520 69th Ave1BR,1BA$4.80
Bay Pointe TowerS1Studio ,1BA$3.23

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The 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.

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Cash 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.

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Quick 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.

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Pet Friendly Lifestyle
Paradise Island, Treasure Island, FL

Ranked #1

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Paradise Island Apartments

What is a cheap apartment in Paradise Island?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Paradise Island is under $2,000.

What is the price of a cheap apartment in Paradise Island?

The cheapest apartment in Paradise Island is Bay Pointe Tower which is listed at $1,373, while the average apartment in Paradise Island costs $2,292.

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 14 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

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

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.

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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.