
Cheap Homes for Rent in Paradise Island Neighborhood of Treasure Island, FL from $1,800 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Paradise Island area of Treasure Island.


1700 Park St N, Unit 24

200 104th Ave, Unit #3

7261 Bay St, Unit 5

7261 Bay St, Unit 3

7261 Bay St, Unit 6
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.

7261 Bay St, Unit 2

14902 N Bayshore Dr

1700 Park St N, Unit 106

10365 Paradise Blvd

7261 Bay St, Unit 7

500 Treasure Island Causeway
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.

10355 Paradise Blvd
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 | $2,547 | $2,495 | $2,600 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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
- Nearby Treasure Island neighborhoods
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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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bay Pointe Tower | E1 | Studio,1BA | $1,235 |
| The Drake at St. Pete | Kenwood | 1BR,1BA | $1,449 |
| Waters Pointe | A2 | 1BR,1BA | $1,945 |
| Park Shore Suites | 1 bed #9 | 1BR,1BA | $2,000 |
Best Value Apartments for Rent in Paradise Island, FL
As of April 15, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 7225 Boca Ciega Dr, Unit 8 | 7225 Boca Ciega Dr | 2BR,2BA | $2.27 |
| The Drake at St. Pete | Imperial | 3BR,2BA | $2.23 |
| Waters Pointe | B3 | 2BR,2BA | $2.67 |
| 412 73rd Ave, Unit 1 | 412 73rd Ave | 2BR,1BA | $3.85 |
| Park Shore Suites | 1 bed #9 | 1BR,1BA | $3.33 |
| 6835 Blind Pass Rd, Unit 2 | 6835 Blind Pass Rd | 1BR,1BA | $3.09 |
| 520 69th Ave, Unit 1 | 520 69th Ave | 1BR,1BA | $4.80 |
| Bay Pointe Tower | S1 | Studio ,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.
Read ArticleDon'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 #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 44 Apartments for Rent in Paradise Island, FL with pricing that ranges from $1,223 to $7,020. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paradise Island ranging from $1,850 to $2,600.
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 $1,850 to $2,600 with an average monthly rent of $2,348.
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

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.

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.