Cheap Homes for Rent in Paradise Island Neighborhood of Treasure Island, FL from $1,500 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in the Paradise Island area of Treasure Island.

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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 $1,299. 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 ListingModel NameBed/BathPriced From
The Drake at St. PeteSakonnetStudio,1BA$1,299
Bay Pointe TowerA51BR,1BA$1,373
Le Mans ApartmentsOne BR1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Lakeshore Apartments2 Bed Room 2 Bath2BR,1BA$1.69
Splendid unit near the beachWalk to the beach2BR,1BA$2.50
Waters PointeB32BR,2BA$3.04
Le Mans Apartments2BR 2BR2BR,2BA$2.36
13406 Boca Ciega Ave, Unit #413406 Boca Ciega Ave2BR,2BA$2.50
520 69th Ave, Unit 1520 69th Ave1BR,1BA$4.80
The Drake at St. PeteSakonnetStudio ,1BA$2.89
Bay Pointe TowerE1Studio ,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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

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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.

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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.

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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.