Most Affordable Neighborhoods in Saint Petersburg, FL
Some of the cheapest neighborhoods in Saint Petersburg are Pinellas Point, Crossroads Area, and Lakewood. These neighborhoods offer some of the lowest rent prices in Saint Petersburg, making them ideal for renters on a budget. As of February 4, 2025, the average rent in Saint Petersburg is $1,792, which is 2.5% 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.
Pinellas Point
Average Rent
$1,392/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
35/100
Units Available
85 Rentals
Located at the southern tip of St Petersburg, Pinellas Point offers rental options with beautiful views of Tampa Bay. This area is perfect for renters seeking a peaceful retreat close to the water. Residents will appreciate the quiet, residential atmosphere and proximity to local parks and nature trails like Bay Vista Park and Skyway Trail.
Crossroads Area
Average Rent
$1,399/Month
Year-Over-Year Rent Change
2.8%
TransitScore® Rating
46/100
Units Available
16 Rentals
Crossroads Area is a top choice for budget-conscious renters for a variety of reasons. The average rent in Crossroads Area is $1,399 while the city average is $1,792. This is a -2.8% difference from last year. Residents enjoy convenient access to Sawgrass Lake Park, The Shoppes at the Royale, and Whiting Street Station (#11). The neighborhood is considered walkable with a WalkScore® of 76.
Lakewood
Average Rent
$1,692/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
34/100
Units Available
88 Rentals
Lakewood is a well-established neighborhood that offers a charming blend of mid-century homes alongside newer developments. Residents appreciate its proximity to Lakewood Country Club, which enhances the community's appeal. With a suburban atmosphere, Lakewood provides easy access to local shopping and dining, making it a convenient and desirable place to live.
Maximo
Average Rent
$1,792/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
30/100
Units Available
23 Rentals
When you’re looking for a great Saint Petersburg neighborhood on a budget, check out Maximo. The average rent is $1,792, compared to the city average of $1,792. Rent prices have increased by 0.6%. Maximo is convenient to St Pete-Clearwater International, Whiting Street Station (#11), and Skyconnect Rental Car Facility Station. The community is car-dependent with a WalkScore® of 27.
Gandy
Average Rent
$1,871/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
26/100
Units Available
37 Rentals
Gandy is a waterfront neighborhood known for its proximity to Gandy Beach and access to outdoor activities like fishing and boating. Renters will appreciate the easy access to both St Petersburg and Tampa via the Gandy Bridge, offering a relaxed coastal atmosphere while ensuring access to city amenities.
Midtown St Petersburg
Average Rent
$1,882/Month
Year-Over-Year Rent Change
1.4%
TransitScore® Rating
40/100
Units Available
33 Rentals
Midtown St Petersburg is a lively area that blends historic charm with modern conveniences. It's perfect for those who enjoy being close to downtown, with easy access to a variety of local shops, restaurants, and parks. This neighborhood's walkable streets and a strong sense of community make it an appealing choice for anyone seeking a vibrant city lifestyle.
Brighton Bay
Average Rent
$1,889/Month
Year-Over-Year Rent Change
3.8%
TransitScore® Rating
30/100
Units Available
241 Rentals
Brighton Bay is a peaceful waterfront neighborhood that offers easy access to Tampa Bay, perfect for enjoying outdoor activities such as kayaking and boating. Residents appreciate the quiet atmosphere and the convenience of nearby shopping and dining along Gandy Boulevard. The area features a blend of upscale homes and apartments.
Bayou Shores
Average Rent
$2,032/Month
Year-Over-Year Rent Change
14.1%
TransitScore® Rating
34/100
Units Available
18 Rentals
Bayou Shores is an affordable neighborhood in Saint Petersburg with an average rent price of $2,032. Compare this to the city average of $1,792. In the past year, rent prices have increased by 14.1%. Bayou Shores provides easy access to USF, St. Petersburg Campus, Eckerd College, and Boyd Hill Nature Preserve. It’s a somewhat walkable neighborhood with a WalkScore® of 51.
Carillon
Average Rent
$2,060/Month
Year-Over-Year Rent Change
4.3%
TransitScore® Rating
37/100
Units Available
98 Rentals
If you’re looking for a great, affordable neighborhood in Saint Petersburg, Carillon might be the perfect place! It has an average rent price of $2,060, while the city’s average stands at $1,792. In the last year, prices have increased by 4.3%. Carillon is near St Petersburg, Clearwater, Dick Greco Plaza Station (#10), and St Petersburg Coll., EpiCenter.
Sawgrass Lake
Average Rent
$2,173/Month
Year-Over-Year Rent Change
1.4%
TransitScore® Rating
38/100
Units Available
66 Rentals
Sawgrass Lake is a top choice for budget-conscious renters for a variety of reasons. The average rent in Sawgrass Lake is $2,173 while the city average is $1,792. This is a 1.4% difference from last year. Residents enjoy convenient access to St Petersburg Coll., EpiCenter, Town Plaza, and St Petersburg Coll., Downtown. The neighborhood is considered somewhat walkable with a WalkScore® of 62.
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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.