Most Affordable Neighborhoods in Clearwater, FL
Some of the cheapest neighborhoods in Clearwater are North Clearwater, North Pinellas, and Central Pinellas. These neighborhoods offer some of the lowest rent prices in Clearwater, making them ideal for renters on a budget. As of January 13, 2025, the average rent in Clearwater is $1,608, which is 3.8% 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.
North Clearwater
Average Rent
$1,772/Month
Year-Over-Year Rent Change
1.8%
TransitScore® Rating
24/100
Units Available
220 Rentals
North Clearwater is a top choice for budget-conscious renters for a variety of reasons. The average rent in North Clearwater is $1,772 while the city average is $1,608. This is a 1.8% difference from last year. Residents enjoy convenient access to Philippe Park, Crest Lake Park, and Tampa International. The neighborhood is considered somewhat walkable with a WalkScore® of 54.
North Pinellas
Average Rent
$1,813/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
21/100
Units Available
393 Rentals
When you’re looking for a great Clearwater neighborhood on a budget, check out North Pinellas. The average rent is $1,813, compared to the city average of $1,608. Rent prices have increased by 0.8%. North Pinellas is convenient to St Pete-Clearwater International, John Chesnut Sr. Park, and St Petersburg, Clearwater. The community is somewhat walkable with a WalkScore® of 54.
Central Pinellas
Average Rent
$1,903/Month
TransitScore® Rating
26/100
Units Available
986 Rentals
Central Pinellas is an affordable neighborhood in Clearwater with an average rent price of $1,903. Compare this to the city average of $1,608. Central Pinellas provides easy access to Dick Greco Plaza Station (#10), Time Square, and Education Innovation Center. It’s a somewhat walkable neighborhood with a WalkScore® of 52.
South Clearwater
Average Rent
$1,966/Month
Year-Over-Year Rent Change
2.1%
TransitScore® Rating
34/100
Units Available
212 Rentals
If you’re looking for a great, affordable neighborhood in Clearwater, South Clearwater might be the perfect place! It has an average rent price of $1,966, while the city’s average stands at $1,608. In the last year, prices have increased by 2.1%. South Clearwater is near Whiting Street Station (#11), St Petersburg Coll, Health Ctr, and Caladesi Island State Park.
Downtown Clearwater
Average Rent
$2,054/Month
Year-Over-Year Rent Change
17.5%
TransitScore® Rating
47/100
Units Available
33 Rentals
Downtown Clearwater is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Clearwater is $2,054 while the city average is $1,608. This is a 17.5% difference from last year. Residents enjoy convenient access to 1214-1238 Cleveland St, Skyconnect Passenger Terminal Station, and Moccasin Lake Nature Park. The neighborhood is considered walkable with a WalkScore® of 77.
Feather Sound
Average Rent
$2,361/Month
Year-Over-Year Rent Change
6.7%
TransitScore® Rating
11/100
Units Available
30 Rentals
When you’re looking for a great Clearwater neighborhood on a budget, check out Feather Sound. The average rent is $2,361, compared to the city average of $1,608. Rent prices have increased by 6.7%. Feather Sound is convenient to Moccasin Lake Nature Park, St Petersburg, Clearwater, and St Petersburg Coll, Health Ctr. The community is car-dependent with a WalkScore® of 37.
Island Estates
Average Rent
$2,367/Month
TransitScore® Rating
38/100
Units Available
3 Rentals
Island Estates is an affordable neighborhood in Clearwater with an average rent price of $2,367. Compare this to the city average of $1,608. Island Estates provides easy access to Honeymoon Island State Park, Caladesi Island State Park, and St Petersburg Coll., EpiCenter. It’s a car-dependent neighborhood with a WalkScore® of 47.
Sand Key
Average Rent
$2,900/Month
TransitScore® Rating
35/100
Units Available
4 Rentals
If you’re looking for a great, affordable neighborhood in Clearwater, Sand Key might be the perfect place! It has an average rent price of $2,900, while the city’s average stands at $1,608. Sand Key is near Whiting Street Station (#11), Tampa International, and The Shoppes On Sand Key.
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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.