Most Affordable Neighborhoods in Clearwater, FL
Some of the cheapest neighborhoods in Clearwater are Hibiscus Gardens, Imperial Park, and Sunset Gardens. These neighborhoods offer some of the lowest rent prices in Clearwater, making them ideal for renters on a budget. As of June 13, 2025, the average rent in Clearwater is $1,612, which is 2.1% 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.
Hibiscus Gardens
Average Rent
$1,415/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 $1,415, compared to the city average of $1,612. Hibiscus Gardens is convenient to Crest Lake Park, Moccasin Lake Nature Park, and St Pete-Clearwater International. The community is walkable with a WalkScore® of 76.
Imperial Park
Average Rent
$1,495/Month
Units Available
16 Rentals
Imperial Park is an affordable neighborhood in Clearwater with an average rent price of $1,495. Compare this to the city average of $1,612. Imperial Park provides easy access to Tampa International, Clearwater Marine Aquarium, and Gulf to Bay Commons.
Sunset Gardens
Average Rent
$1,506/Month
TransitScore® Rating
21/100
Units Available
23 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 $1,506, while the city’s average stands at $1,612. Sunset Gardens is near Florida Botanical Gardens, Crest Lake Park, and Tampa International.
Oakadia Groves
Average Rent
$1,526/Month
Units Available
20 Rentals
Oakadia Groves is a top choice for budget-conscious renters for a variety of reasons. The average rent in Oakadia Groves is $1,526 while the city average is $1,612. Residents enjoy convenient access to St Petersburg, Clearwater, Moccasin Lake Nature Park, and Crest Lake Park.
Mission Hills
Average Rent
$1,536/Month
TransitScore® Rating
11/100
Units Available
10 Rentals
When you’re looking for a great Clearwater neighborhood on a budget, check out Mission Hills. The average rent is $1,536, compared to the city average of $1,612. Mission Hills is convenient to Philippe Park, Caladesi Island State Park, and St Petersburg Coll., EpiCenter. The community is somewhat walkable with a WalkScore® of 54.
Spring Lakes of Clearwater
Average Rent
$1,679/Month
Units Available
22 Rentals
Spring Lakes of Clearwater is an affordable neighborhood in Clearwater with an average rent price of $1,679. Compare this to the city average of $1,612. Spring Lakes of Clearwater provides easy access to St Petersburg Coll., Seminole, Granada Plaza, and St Pete-Clearwater International.
Spring Lake South
Average Rent
$1,679/Month
Units Available
22 Rentals
If you’re looking for a great, affordable neighborhood in Clearwater, Spring Lake South might be the perfect place! It has an average rent price of $1,679, while the city’s average stands at $1,612. Spring Lake South is near Philippe Park, Clearwater Marine Aquarium, and Crest Lake Park.
Bay Pointe
Average Rent
$1,680/Month
TransitScore® Rating
40/100
Units Available
14 Rentals
Bay Pointe is a top choice for budget-conscious renters for a variety of reasons. The average rent in Bay Pointe is $1,680 while the city average is $1,612. Residents enjoy convenient access to 19th & East Bay Retail, St Petersburg, Clearwater, and Crest Lake Park. The neighborhood is considered car-dependent with a WalkScore® of 32.
Upper Largo
Average Rent
$1,758/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
31/100
Units Available
230 Rentals
When you’re looking for a great Clearwater neighborhood on a budget, check out Upper Largo. The average rent is $1,758, compared to the city average of $1,612. Rent prices have increased by 1.7%. Upper Largo is convenient to St Petersburg, Clearwater, St Pete-Clearwater International, and Crest Lake Park. The community is somewhat walkable with a WalkScore® of 58.
Imperial Cove
Average Rent
$1,776/Month
TransitScore® Rating
24/100
Units Available
13 Rentals
Imperial Cove is an affordable neighborhood in Clearwater with an average rent price of $1,776. Compare this to the city average of $1,612. Imperial Cove provides easy access to St Petersburg Coll, Health Ctr, St Pete-Clearwater International, and St Petersburg, Clearwater. It’s a car-dependent neighborhood 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.