Most Affordable Neighborhoods in Saint Petersburg, FL

Some of the cheapest neighborhoods in Saint Petersburg are Pinellas Point, Fossil Park, and Gateway. These neighborhoods offer some of the lowest rent prices in Saint Petersburg, making them ideal for renters on a budget. As of December 26, 2024, the average rent in Saint Petersburg is $1,790, which is 2.8% 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.

Pinellas Point

Average Rent

$1,389/Month

Year-Over-Year Rent Change

4.4%

TransitScore® Rating

35/100

Units Available

121 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.

Fossil Park

Average Rent

$1,506/Month

Year-Over-Year Rent Change

3.6%

TransitScore® Rating

40/100

Units Available

49 Rentals

Fossil Park is a family-friendly neighborhood known for its spacious park, which features playgrounds, sports fields, and a community pool. It's an ideal neighborhood for those seeking an active lifestyle with plenty of nearby amenities. Residents enjoy the quiet, suburban atmosphere and appreciate the convenience of being close to schools and shopping centers.

Gateway

Average Rent

$1,507/Month

Year-Over-Year Rent Change

2.1%

TransitScore® Rating

41/100

Units Available

48 Rentals

Gateway is a growing neighborhood offering easy access to major highways, making it ideal for commuters. Residents benefit from being close to various shopping centers like Gateway Mall, providing convenience right at their doorstep. The area features a blend of residential and commercial spaces, creating a balanced environment for both living and working.

Lakewood

Average Rent

$1,616/Month

Year-Over-Year Rent Change

0.3%

TransitScore® Rating

34/100

Units Available

92 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.

Gandy

Average Rent

$1,740/Month

Year-Over-Year Rent Change

0.7%

TransitScore® Rating

26/100

Units Available

63 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

$1,849/Month

Year-Over-Year Rent Change

2.9%

TransitScore® Rating

40/100

Units Available

31 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

$1,894/Month

Year-Over-Year Rent Change

1.8%

TransitScore® Rating

30/100

Units Available

214 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.

Northside

Average Rent

$1,917/Month

Units Available

29 Rentals

When you’re looking for a great Saint Petersburg neighborhood on a budget, check out Northside. The average rent is $1,917, compared to the city average of $1,790.

Carillon

Average Rent

$2,088/Month

Year-Over-Year Rent Change

9.9%

TransitScore® Rating

37/100

Units Available

100 Rentals

Carillon is an affordable neighborhood in Saint Petersburg with an average rent price of $2,088. Compare this to the city average of $1,790. In the past year, rent prices have increased by 9.9%. Carillon provides easy access to Whiting Street Station (#11), Sawgrass Lake Park, and Tampa International. It’s a car-dependent neighborhood with a WalkScore® of 40.

Sawgrass Lake

Average Rent

$2,133/Month

Year-Over-Year Rent Change

2.3%

TransitScore® Rating

38/100

Units Available

62 Rentals

If you’re looking for a great, affordable neighborhood in Saint Petersburg, Sawgrass Lake might be the perfect place! It has an average rent price of $2,133, while the city’s average stands at $1,790. In the last year, prices have increased by 2.3%. Sawgrass Lake is near Town Plaza, Dick Greco Plaza Station (#10), and St Petersburg Coll., Midtown.

Ready to make your move to Saint Petersburg? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!

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.