Cheap Apartments for Rent in the Paradise Island Neighborhood of Treasure Island, FL from $1,200 (20 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

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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105 110th Ave
Studio Apartments

105 110th Ave

105 110th AveTreasure Island, FL 33706
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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

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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245 104th Ave
Studio Apartments

245 104th Ave

245 104th AveSt. Petersburg, FL 33706

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 The Drake at St. Pete priced from $1,333. Bay Pointe Tower has the second lowest priced unit, which is a Studio apartment currently listed from $1,460. Here are the most affordable Paradise Island apartments for rent in Treasure Island, FL:

Apartment ListingModel NameBed/BathPriced From
The Drake at St. PeteSakonnetStudio,1BA$1,333
Bay Pointe TowerS1Studio,1BA$1,460
Lakeshore Apartments2 Beds, 2 baths2BR,2BA$1,595
Waters PointeB12BR,1BA$2,140

Best Value Apartments for Rent in Paradise Island, FL

As of May 30, 2026 the best value apartment in the Paradise Island area is the $2.25 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 $2,480. The second greatest value Paradise Island apartment is the 2 Beds, 2 baths Model at Lakeshore Apartments starting at $1,595 with a $1.68 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$2.25
Lakeshore Apartments2 Beds, 2 baths2BR,2BA$1.68
Waters PointeB32BR,2BA$2.67
412 73rd Ave, Unit 1412 73rd Ave2BR,1BA$3.69
520 69th Ave, Unit 1520 69th Ave1BR,1BA$4.80
The Drake at St. PeteSakonnetStudio ,1BA$2.96
Bay Pointe TowerE1Studio ,1BA$3.69

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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Real 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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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 the Cheapest Studio apartment in Paradise Island?

Currently the most affordable Cheap Studio Apartment in Paradise Island is at The Drake at St. Pete listed at $1,333.

How much is rent for a Cheap One Bedroom Paradise Island Apartment?

The lowest price for a Cheap One Bedroom Paradise Island Apartment is $1,429 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

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.