Best Affordable Neighborhoods in Clearwater, FL
Some of the cheapest neighborhoods in Clearwater are Upper Largo, North Clearwater, and Bay Aristocrat Village. These neighborhoods offer some of the lowest rent prices in Clearwater, making them ideal for renters on a budget. As of May 8, 2026, the average rent in Clearwater is $1,547, which is 4.8% 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.
Upper Largo
Average Rent
$1,648/Month
Year-Over-Year Rent Change
5.6%
Units Available
315 Rentals
When you’re looking for a great Clearwater neighborhood on a budget, check out Upper Largo. The average rent is $1,648, compared to the city average of $1,547. Rent prices have decreased by 5.6%. Upper Largo is convenient to Moccasin Lake Nature Park, Florida Botanical Gardens, and Winco Center.
North Clearwater
Average Rent
$1,669/Month
Year-Over-Year Rent Change
6.9%
Units Available
332 Rentals
North Clearwater is an affordable neighborhood in Clearwater with an average rent price of $1,669. Compare this to the city average of $1,547. In the past year, rent prices have decreased by 6.9%. North Clearwater provides easy access to Andros Commercial Complex, St Petersburg Coll., Seminole, and Crest Lake Park.
Bay Aristocrat Village
Average Rent
$1,778/Month
Units Available
39 Rentals
If you’re looking for a great, affordable neighborhood in Clearwater, Bay Aristocrat Village might be the perfect place! It has an average rent price of $1,778, while the city’s average stands at $1,547. Bay Aristocrat Village is near Belaire Crossing, St Petersburg Coll., Seminole, and Clearwater Marine Aquarium.
South Clearwater
Average Rent
$1,865/Month
Year-Over-Year Rent Change
3.5%
Units Available
359 Rentals
South Clearwater is a top choice for budget-conscious renters for a variety of reasons. The average rent in South Clearwater is $1,865 while the city average is $1,547. This is a -3.5% difference from last year. Residents enjoy convenient access to Crest Lake Park, St Petersburg Coll., EpiCenter, and St Pete-Clearwater International.
Downtown Clearwater
Average Rent
$1,868/Month
Year-Over-Year Rent Change
11.1%
Units Available
55 Rentals
When you’re looking for a great Clearwater neighborhood on a budget, check out Downtown Clearwater. The average rent is $1,868, compared to the city average of $1,547. Rent prices have decreased by 11.1%. Downtown Clearwater is convenient to St Petersburg, Clearwater, 936 Cleveland, and Caladesi Island State Park.
Feather Sound
Average Rent
$2,497/Month
Year-Over-Year Rent Change
7.8%
Units Available
55 Rentals
Feather Sound is an affordable neighborhood in Clearwater with an average rent price of $2,497. Compare this to the city average of $1,547. In the past year, rent prices have decreased by 7.8%.
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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.