Most Affordable Neighborhoods in Clearwater, FL

Some of the cheapest neighborhoods in Clearwater are Twin Lakes Manor, Northwood Estates, and Oakadia Groves. These neighborhoods offer some of the lowest rent prices in Clearwater, making them ideal for renters on a budget. As of October 27, 2025, the average rent in Clearwater is $1,567, which is 3.1% lower 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.

Twin Lakes Manor

Average Rent

$1,309/Month

Units Available

10 Rentals

Twin Lakes Manor is a top choice for budget-conscious renters for a variety of reasons. The average rent in Twin Lakes Manor is $1,309 while the city average is $1,567. Residents enjoy convenient access to 19th & East Bay Retail, Tri-City Plaza, and Philippe Park.

Northwood Estates

Average Rent

$1,431/Month

TransitScore® Rating

27/100

Units Available

10 Rentals

When you’re looking for a great Clearwater neighborhood on a budget, check out Northwood Estates. The average rent is $1,431, compared to the city average of $1,567. Northwood Estates is convenient to Crest Lake Park, Oakbrook Plaza, and Moccasin Lake Nature Park. The community is somewhat walkable with a WalkScore® of 59.

Oakadia Groves

Average Rent

$1,438/Month

Units Available

12 Rentals

Oakadia Groves is an affordable neighborhood in Clearwater with an average rent price of $1,438. Compare this to the city average of $1,567. Oakadia Groves provides easy access to Philippe Park, Moccasin Lake Nature Park, and Imperial Square.

Sunset Gardens

Average Rent

$1,442/Month

TransitScore® Rating

21/100

Units Available

20 Rentals

If you’re looking for a great, affordable neighborhood in Clearwater, Sunset Gardens might be the perfect place! It has an average rent price of $1,442, while the city’s average stands at $1,567. Sunset Gardens is near Philippe Park, Crest Lake Park, and St Petersburg, Clearwater.

Bay Pointe

Average Rent

$1,469/Month

TransitScore® Rating

40/100

Units Available

17 Rentals

Bay Pointe is a top choice for budget-conscious renters for a variety of reasons. The average rent in Bay Pointe is $1,469 while the city average is $1,567. Residents enjoy convenient access to Crest Lake Park, Philippe Park, and St Petersburg, Clearwater. The neighborhood is considered car-dependent with a WalkScore® of 32.

Hibiscus Gardens

Average Rent

$1,478/Month

TransitScore® Rating

43/100

Units Available

14 Rentals

When you’re looking for a great Clearwater neighborhood on a budget, check out Hibiscus Gardens. The average rent is $1,478, compared to the city average of $1,567. Hibiscus Gardens is convenient to St Petersburg Coll., Seminole, Clearwater Marine Aquarium, and Cleveland Plaza. The community is walkable with a WalkScore® of 76.

Bay Aristocrat Village

Average Rent

$1,602/Month

Units Available

30 Rentals

Bay Aristocrat Village is an affordable neighborhood in Clearwater with an average rent price of $1,602. Compare this to the city average of $1,567. Bay Aristocrat Village provides easy access to St Petersburg Coll, Health Ctr, St Petersburg, Clearwater, and Philippe Park.

Upper Largo

Average Rent

$1,617/Month

Year-Over-Year Rent Change

3.4%

TransitScore® Rating

31/100

Units Available

255 Rentals

If you’re looking for a great, affordable neighborhood in Clearwater, Upper Largo might be the perfect place! It has an average rent price of $1,617, while the city’s average stands at $1,567. In the last year, prices have decreased by 3.4%. Upper Largo is near St Petersburg Coll, Health Ctr, St Petersburg, Clearwater, and Clearwater Marine Aquarium.

Downtown Clearwater

Average Rent

$1,618/Month

Year-Over-Year Rent Change

7%

TransitScore® Rating

47/100

Units Available

80 Rentals

Downtown Clearwater is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Clearwater is $1,618 while the city average is $1,567. This is a 7% difference from last year. Residents enjoy convenient access to Florida Botanical Gardens, 1214-1238 Cleveland St, and Tampa International. The neighborhood is considered walkable with a WalkScore® of 77.

Imperial Cove

Average Rent

$1,623/Month

TransitScore® Rating

24/100

Units Available

16 Rentals

When you’re looking for a great Clearwater neighborhood on a budget, check out Imperial Cove. The average rent is $1,623, compared to the city average of $1,567. Imperial Cove is convenient to Belleair Commons, St Petersburg Coll., EpiCenter, and Belaire Crossing. The community is car-dependent with a WalkScore® of 8.

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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.