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 16, 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

5.5%

TransitScore® Rating

31/100

Units Available

212 Rentals

When you’re looking for a great Clearwater neighborhood on a budget, check out Upper Largo. The average rent is $1,792, compared to the city average of $1,622. Rent prices have increased by 5.5%. Upper Largo is convenient to Skyconnect Passenger Terminal Station, Winco Center, and Whiting Street Station (#11). The community is somewhat walkable with a WalkScore® of 58.

North Clearwater

Average Rent

$1,810/Month

Year-Over-Year Rent Change

4.3%

TransitScore® Rating

24/100

Units Available

220 Rentals

North Clearwater is an affordable neighborhood in Clearwater with an average rent price of $1,810. Compare this to the city average of $1,622. In the past year, rent prices have increased by 4.3%. North Clearwater provides easy access to Dick Greco Plaza Station (#10), St Petersburg Coll., EpiCenter, and Tampa International. It’s a somewhat walkable neighborhood with a WalkScore® of 54.

North Pinellas

Average Rent

$1,830/Month

Year-Over-Year Rent Change

2.2%

TransitScore® Rating

21/100

Units Available

389 Rentals

If you’re looking for a great, affordable neighborhood in Clearwater, North Pinellas might be the perfect place! It has an average rent price of $1,830, while the city’s average stands at $1,622. In the last year, prices have increased by 2.2%. North Pinellas is near John Chesnut Sr. Park, Philippe Park, and St Petersburg Coll., Seminole.

Downtown Clearwater

Average Rent

$1,870/Month

Year-Over-Year Rent Change

15.9%

TransitScore® Rating

47/100

Units Available

39 Rentals

Downtown Clearwater is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Clearwater is $1,870 while the city average is $1,622. This is a 15.9% difference from last year. Residents enjoy convenient access to Moccasin Lake Nature Park, Crest Lake Park, and Skyconnect Rental Car Facility Station. The neighborhood is considered walkable with a WalkScore® of 77.

Central Pinellas

Average Rent

$1,929/Month

Year-Over-Year Rent Change

3.2%

TransitScore® Rating

26/100

Units Available

1,149 Rentals

When you’re looking for a great Clearwater neighborhood on a budget, check out Central Pinellas. The average rent is $1,929, compared to the city average of $1,622. Rent prices have increased by 3.2%. Central Pinellas is convenient to St Petersburg Coll., EpiCenter, Moccasin Lake Nature Park, and St Petersburg, Clearwater. The community is somewhat walkable with a WalkScore® of 52.

South Clearwater

Average Rent

$1,958/Month

Year-Over-Year Rent Change

1.7%

TransitScore® Rating

34/100

Units Available

237 Rentals

South Clearwater is an affordable neighborhood in Clearwater with an average rent price of $1,958. Compare this to the city average of $1,622. In the past year, rent prices have increased by 1.7%. South Clearwater provides easy access to Gulf-To-Bay Plaza, Crest Lake Park, and St Petersburg Coll., Seminole. It’s a somewhat walkable neighborhood with a WalkScore® of 63.

Feather Sound

Average Rent

$2,302/Month

Year-Over-Year Rent Change

3.4%

TransitScore® Rating

11/100

Units Available

27 Rentals

If you’re looking for a great, affordable neighborhood in Clearwater, Feather Sound might be the perfect place! It has an average rent price of $2,302, while the city’s average stands at $1,622. In the last year, prices have increased by 3.4%. Feather Sound is near Weedon Island Preserve, St Petersburg Coll., Seminole, and St Petersburg, Clearwater.

Island Estates

Average Rent

$2,332/Month

TransitScore® Rating

38/100

Units Available

3 Rentals

Island Estates is a top choice for budget-conscious renters for a variety of reasons. The average rent in Island Estates is $2,332 while the city average is $1,622. Residents enjoy convenient access to Island Village Shopping Center, Caladesi Island State Park, and St Pete-Clearwater International. The neighborhood is considered car-dependent with a WalkScore® of 47.

Sand Key

Average Rent

$3,480/Month

TransitScore® Rating

35/100

Units Available

5 Rentals

When you’re looking for a great Clearwater neighborhood on a budget, check out Sand Key. The average rent is $3,480, compared to the city average of $1,622. Sand Key is convenient to Skyconnect Economy Parking Station, Bay Bazaar Shopping Center, and Crest Lake Park. The community is 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.