
Cheap Homes for Rent in the Paradise Island Neighborhood of Treasure Island, FL from $1,600 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Paradise Island area of Treasure Island.


7261 Bay St, Unit 5

7261 Bay St, Unit 2

10365 Paradise Blvd

200 104th Ave, Unit #2
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.

511 Plaza Seville Ct

80 144th Ave, Unit 2

500 Treasure Island Causeway

80 144th Ave, Unit 3

200 104th Ave
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.

554 Plaza Seville Ct, Unit 103
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 | $2,400 | $2,200 | $2,600 |
| Paradise Island 4 Bedroom Homes for Rent | $16,700 | $10,000 | $10,000+ |
| Paradise Island 5 Bedroom Homes for Rent | $3,695 | $3,695 | $3,695 |
Browse Homes for Rent in this Neighborhood
There are currently 11 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. 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 | $1,299 |
| Lakeshore Apartments | 2 br | 2BR,2BA | $1,595 |
| Waters Pointe | A2 | 1BR,1BA | $1,920 |
Best Value Apartments for Rent in Paradise Island, FL
As of July 14, 2026 the best value apartment in the Paradise Island area is the $1.68 price per square foot 2 br Model at Lakeshore Apartments in the in the Jungle Terrace neighborhood starting from $1,595. The second greatest value Paradise Island apartment is the A2 Model at Waters Pointe starting at $1,920 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 br | 2BR,2BA | $1.68 |
| Waters Pointe | A2 | 1BR,1BA | $2.50 |
| 412 73rd Ave, Unit 1 | 412 73rd Ave | 2BR,1BA | $3.38 |
| The Drake at St. Pete | Sakonnet | Studio ,1BA | $2.89 |
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.
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 #1
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 41 Apartments for Rent in Paradise Island, FL with pricing that ranges from $1,265 to $11,301. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paradise Island ranging from $1,600 to $16,700.
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 $1,600 to $16,700 with an average monthly rent of $6,203.
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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.