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.