
Cheap Homes for Rent in Paradise Island Neighborhood of Treasure Island, FL from $1,700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Paradise Island area of Treasure Island.


500 Treasure Island Causeway

14902 N Bayshore Dr
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.

7420 Bay Island Dr S

10369 Paradise Blvd, Unit 1

13406 Boca Ciega Ave
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.

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 | $2,300 | $2,000 | $2,600 |
| Paradise Island 3 Bedroom Homes for Rent | $4,450 | $4,450 | $4,450 |
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 Bay Pointe Tower priced from $1,235. Lakeshore Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,425. Here are the most affordable Paradise Island apartments for rent in Treasure Island, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bay Pointe Tower | E1 | Studio,1BA | $1,235 |
| Lakeshore Apartments | 2 BedRoom 1 Bath | 2BR,1BA | $1,425 |
| 7650 Coquina Way | One bedroom | 1BR,1BA | $1,850 |
Best Value Apartments for Rent in Paradise Island, FL
As of February 28, 2026 the best value apartment in the Paradise Island area is the $3.19 price per square foot 13117 4th St E Model at 13117 4th St E, Unit Waterview in the in the Isle of Capri neighborhood starting from $3,000. The second greatest value Paradise Island apartment is the 2 BedRoom 1 Bath Model at Lakeshore Apartments starting at $1,425 with a $1.58 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 13117 4th St E, Unit Waterview | 13117 4th St E | 2BR,2BA | $3.19 |
| Lakeshore Apartments | 2 BedRoom 1 Bath | 2BR,1BA | $1.58 |
| Splendid unit near the beach | Walk to the beach | 2BR,1BA | $2.11 |
| Waters Pointe | B3 | 2BR,2BA | $2.80 |
| 7650 Coquina Way | One bedroom | 1BR,1BA | $2.31 |
| 14212 E Parsley Dr, Unit 2 | 14212 E Parsley Dr | 1BR,1BA | $2.91 |
| 6835 Blind Pass Rd | 6835 Blind Pass Rd | 1BR,1BA | $3.18 |
| Bay Pointe Tower | S1 | Studio ,1BA | $3.23 |
| 7000 Hibiscus Ave S., Unit 3 | 7000 Hibiscus Ave S. | 1BR,1BA | $3.11 |
| The Drake at St. Pete | Sakonnet | Studio ,1BA | $2.86 |
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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleParadise Island, Treasure Island, FL
Ranked #2
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Paradise Island
What type of rentals are currently available in Paradise Island?
There are currently 49 Apartments for Rent in Paradise Island, FL with pricing that ranges from $1,144 to $31,779. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paradise Island ranging from $1,795 to $4,450.
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 $1,795 to $4,450 with an average monthly rent of $2,949.
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

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.

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.

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.