Best Affordable Neighborhoods in Saint Petersburg, FL
Some of the cheapest neighborhoods in Saint Petersburg are Pinellas Point, Westminster Heights, and Lealman. These neighborhoods offer some of the lowest rent prices in Saint Petersburg, making them ideal for renters on a budget. As of May 3, 2026, the average rent in Saint Petersburg is $1,755, which is 1.5% 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.
Pinellas Point
Average Rent
$1,271/Month
Year-Over-Year Rent Change
3.8%
Units Available
80 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.
Westminster Heights
Average Rent
$1,348/Month
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in Saint Petersburg, Westminster Heights might be the perfect place! It has an average rent price of $1,348, while the city’s average stands at $1,755. In the last year, prices have increased by 0%. Westminster Heights is near Secrets of the Sea Marine Exploration Center and Aquarium, Boyd Hill Nature Preserve, and St Petersburg, Allstate Center.
Lealman
Average Rent
$1,377/Month
Year-Over-Year Rent Change
1.3%
Units Available
26 Rentals
Lealman is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lealman is $1,377 while the city average is $1,755. This is a -1.3% difference from last year. Residents enjoy convenient access to St Petersburg Coll., Midtown, Lealman Plaza, and St Pete-Clearwater International.
Bear Creek
Average Rent
$1,387/Month
Year-Over-Year Rent Change
10.2%
Units Available
11 Rentals
When you’re looking for a great Saint Petersburg neighborhood on a budget, check out Bear Creek. The average rent is $1,387, compared to the city average of $1,755. Rent prices have increased by 10.2%. Bear Creek is convenient to Tampa International, Bosco Village, and Eckerd College.
Disston Heights
Average Rent
$1,391/Month
Year-Over-Year Rent Change
0.3%
Units Available
21 Rentals
Disston Heights is an affordable neighborhood in Saint Petersburg with an average rent price of $1,391. Compare this to the city average of $1,755. In the past year, rent prices have decreased by 0.3%. Disston Heights provides easy access to Suncoast Plaza, St Petersburg Coll., Gibbs, and St Petersburg Coll., Downtown.
Tyrone Park
Average Rent
$1,397/Month
Year-Over-Year Rent Change
7.5%
Units Available
20 Rentals
If you’re looking for a great, affordable neighborhood in Saint Petersburg, Tyrone Park might be the perfect place! It has an average rent price of $1,397, while the city’s average stands at $1,755. In the last year, prices have increased by 7.5%. Tyrone Park is near St Petersburg Coll., Midtown, Education Innovation Center, and St Petersburg Coll, Health Ctr.
Crescent Lake
Average Rent
$1,492/Month
Year-Over-Year Rent Change
1.5%
Units Available
15 Rentals
Crescent Lake is a top choice for budget-conscious renters for a variety of reasons. The average rent in Crescent Lake is $1,492 while the city average is $1,755. This is a 1.5% difference from last year. Residents enjoy convenient access to Sawgrass Lake Park, 4th St Garden Shoppes, and Sunken Gardens.
Fossil Park
Average Rent
$1,498/Month
Year-Over-Year Rent Change
10.6%
Units Available
15 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
$1,501/Month
Year-Over-Year Rent Change
0.2%
Units Available
14 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.
Crossroads Area
Average Rent
$1,519/Month
Year-Over-Year Rent Change
1.4%
Units Available
40 Rentals
When you’re looking for a great Saint Petersburg neighborhood on a budget, check out Crossroads Area. The average rent is $1,519, compared to the city average of $1,755. Rent prices have decreased by 1.4%. Crossroads Area is convenient to Crosswinds Center, The Shoppes at the Royale, and St Petersburg Coll, Health Ctr.
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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.