Cheap Homes for Rent in Paradise Island Neighborhood of Treasure Island, FL from $1,500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Paradise Island area of Treasure Island.

500 Treasure Island Causeway
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.

10369 Paradise Blvd, Unit 1
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.

450 Treasure Island Causeway
Paradise Island, Treasure Island, FL Local Guide

How much does it cost to rent a home in Paradise Island?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Paradise Island 2 Bedroom Homes for Rent | $3,333 | $2,000 | $5,000 |
Paradise Island 3 Bedroom Homes for Rent | $4,512 | $4,000 | $5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Paradise Island Neighborhood of Treasure Island, FL.
Explore Treasure Island
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 $1,299. Bay Pointe Tower has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,373. 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 | $1,299 |
Bay Pointe Tower | A5 | 1BR,1BA | $1,373 |
Le Mans Apartments | One BR | 1BR,1BA | $1,495 |
Best Value Apartments for Rent in Paradise Island, FL
As of August 10, 2025 the best value apartment in the Paradise Island area is the $1.69 price per square foot 2 Bed Room 2 Bath Model at Lakeshore Apartments in the in the Jungle Terrace neighborhood starting from $1,525. The second greatest value Paradise Island apartment is the Walk to the beach Model at Splendid unit near the beach starting at $2,250 with a $2.50 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. |
---|---|---|---|
Lakeshore Apartments | 2 Bed Room 2 Bath | 2BR,1BA | $1.69 |
Splendid unit near the beach | Walk to the beach | 2BR,1BA | $2.50 |
Waters Pointe | B3 | 2BR,2BA | $3.04 |
Le Mans Apartments | 2BR 2BR | 2BR,2BA | $2.36 |
13406 Boca Ciega Ave, Unit #4 | 13406 Boca Ciega Ave | 2BR,2BA | $2.50 |
520 69th Ave, Unit 1 | 520 69th Ave | 1BR,1BA | $4.80 |
The Drake at St. Pete | Sakonnet | Studio ,1BA | $2.89 |
Bay Pointe Tower | E1 | Studio ,1BA | $3.51 |
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Frequently Asked Questions about Paradise Island
What type of rentals are currently available in Paradise Island?
There are currently 43 Apartments for Rent in Paradise Island, FL with pricing that ranges from $1,244 to $29,250. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paradise Island ranging from $1,500 to $5,000.
What is the current price range for Rental Homes in Paradise Island?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Paradise Island ranges from $1,500 to $5,000 with an average monthly rent of $3,348.
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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.