Most Affordable Neighborhoods in Clearwater, FL

Some of the cheapest neighborhoods in Clearwater are Upper Largo, North Clearwater, and North Pinellas. These neighborhoods offer some of the lowest rent prices in Clearwater, making them ideal for renters on a budget. As of February 14, 2025, the average rent in Clearwater is $1,622, which is 4.2% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.

Upper Largo

Average Rent

$1,792/Month

Year-Over-Year Rent Change

5.1%

TransitScore® Rating

31/100

Units Available

212 Rentals

Upper Largo is a top choice for budget-conscious renters for a variety of reasons. The average rent in Upper Largo is $1,792 while the city average is $1,622. This is a 5.1% difference from last year. Residents enjoy convenient access to Largo Town Square, St Petersburg Coll., Seminole, and Whiting Street Station (#11). The neighborhood is considered somewhat walkable with a WalkScore® of 58.

North Clearwater

Average Rent

$1,808/Month

Year-Over-Year Rent Change

4.2%

TransitScore® Rating

24/100

Units Available

221 Rentals

When you’re looking for a great Clearwater neighborhood on a budget, check out North Clearwater. The average rent is $1,808, compared to the city average of $1,622. Rent prices have increased by 4.2%. North Clearwater is convenient to Skyconnect Passenger Terminal Station, St Petersburg Coll., EpiCenter, and Weathersfield Commons. The community is somewhat walkable with a WalkScore® of 54.

North Pinellas

Average Rent

$1,829/Month

Year-Over-Year Rent Change

2.3%

TransitScore® Rating

21/100

Units Available

390 Rentals

North Pinellas is an affordable neighborhood in Clearwater with an average rent price of $1,829. Compare this to the city average of $1,622. In the past year, rent prices have increased by 2.3%. North Pinellas provides easy access to Palm Plaza, Whiting Street Station (#11), and Cadrecha Plaza Station (#4). It’s a somewhat walkable neighborhood with a WalkScore® of 54.

Downtown Clearwater

Average Rent

$1,870/Month

Year-Over-Year Rent Change

15.9%

TransitScore® Rating

47/100

Units Available

39 Rentals

If you’re looking for a great, affordable neighborhood in Clearwater, Downtown Clearwater might be the perfect place! It has an average rent price of $1,870, while the city’s average stands at $1,622. In the last year, prices have increased by 15.9%. Downtown Clearwater is near Cleveland Plaza, Clearwater Marine Aquarium, and St Pete-Clearwater International.

Central Pinellas

Average Rent

$1,929/Month

Year-Over-Year Rent Change

3.2%

TransitScore® Rating

26/100

Units Available

1,150 Rentals

Central Pinellas is a top choice for budget-conscious renters for a variety of reasons. The average rent in Central Pinellas is $1,929 while the city average is $1,622. This is a 3.2% difference from last year. Residents enjoy convenient access to Whiting Street Station (#11), Greenhouse Shoppes, and ICOT Arcade Shops. The neighborhood is considered somewhat walkable with a WalkScore® of 52.

South Clearwater

Average Rent

$1,956/Month

Year-Over-Year Rent Change

1.8%

TransitScore® Rating

34/100

Units Available

238 Rentals

When you’re looking for a great Clearwater neighborhood on a budget, check out South Clearwater. The average rent is $1,956, compared to the city average of $1,622. Rent prices have increased by 1.8%. South Clearwater is convenient to St Petersburg Coll., Seminole, St Petersburg Coll, Health Ctr, and Philippe Park. The community is somewhat walkable with a WalkScore® of 63.

Feather Sound

Average Rent

$2,302/Month

Year-Over-Year Rent Change

3.2%

TransitScore® Rating

11/100

Units Available

27 Rentals

Feather Sound is an affordable neighborhood in Clearwater with an average rent price of $2,302. Compare this to the city average of $1,622. In the past year, rent prices have increased by 3.2%. Feather Sound provides easy access to St Petersburg Coll., EpiCenter, Weedon Island Preserve, and St Petersburg Coll, Health Ctr. It’s a car-dependent neighborhood with a WalkScore® of 37.

Island Estates

Average Rent

$2,332/Month

TransitScore® Rating

38/100

Units Available

3 Rentals

If you’re looking for a great, affordable neighborhood in Clearwater, Island Estates might be the perfect place! It has an average rent price of $2,332, while the city’s average stands at $1,622. Island Estates is near Skyconnect Passenger Terminal Station, Island Village Shopping Center, and St Petersburg Coll., Seminole.

Sand Key

Average Rent

$3,480/Month

TransitScore® Rating

35/100

Units Available

5 Rentals

Sand Key is a top choice for budget-conscious renters for a variety of reasons. The average rent in Sand Key is $3,480 while the city average is $1,622. Residents enjoy convenient access to Bay Bazaar Shopping Center, St Pete-Clearwater International, and Tampa International. The neighborhood is considered car-dependent with a WalkScore® of 26.

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Methodology

Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.

We've combined this data with public records to provide the most current rental information available.