Cheapest Neighborhoods in Saint Petersburg, FL
Some of the cheapest neighborhoods in Saint Petersburg are Pinellas Point, Lealman, and Disston Heights. These neighborhoods offer some of the lowest rent prices in Saint Petersburg, making them ideal for renters on a budget. As of June 17, 2026, the average rent in Saint Petersburg is $1,785, which is 0.1% 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.
Pinellas Point
Average Rent
$1,292/Month
Year-Over-Year Rent Change
4%
Units Available
81 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.
Lealman
Average Rent
$1,312/Month
Units Available
33 Rentals
Lealman is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lealman is $1,312 while the city average is $1,785.
Disston Heights
Average Rent
$1,388/Month
Year-Over-Year Rent Change
0.1%
Units Available
12 Rentals
When you’re looking for a great Saint Petersburg neighborhood on a budget, check out Disston Heights. The average rent is $1,388, compared to the city average of $1,785. Rent prices have decreased by 0.1%. Disston Heights is convenient to Sunken Gardens, St Petersburg Coll., Midtown, and Education Innovation Center.
Tyrone Park
Average Rent
$1,393/Month
Year-Over-Year Rent Change
7.4%
Units Available
14 Rentals
Tyrone Park is an affordable neighborhood in Saint Petersburg with an average rent price of $1,393. Compare this to the city average of $1,785. In the past year, rent prices have increased by 7.4%. Tyrone Park provides easy access to Crosswinds Center, Tyrone Corners, and Education Innovation Center.
Midtown St Petersburg
Average Rent
$1,401/Month
Year-Over-Year Rent Change
15.5%
Units Available
22 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.
Crescent Lake
Average Rent
$1,447/Month
Year-Over-Year Rent Change
1.4%
Units Available
21 Rentals
If you’re looking for a great, affordable neighborhood in Saint Petersburg, Crescent Lake might be the perfect place! It has an average rent price of $1,447, while the city’s average stands at $1,785. In the last year, prices have increased by 1.4%. Crescent Lake is near USF, St. Petersburg Campus, 4th St Garden Shoppes, and Woodlawn Outlet.
Crossroads Area
Average Rent
$1,476/Month
Year-Over-Year Rent Change
1.1%
Units Available
41 Rentals
Crossroads Area is a top choice for budget-conscious renters for a variety of reasons. The average rent in Crossroads Area is $1,476 while the city average is $1,785. This is a -1.1% difference from last year. Residents enjoy convenient access to Crosswinds Center, Sunken Gardens, and Crossroads Shopping Center.
Gateway
Average Rent
$1,503/Month
Year-Over-Year Rent Change
0.7%
Units Available
23 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.
Fossil Park
Average Rent
$1,507/Month
Year-Over-Year Rent Change
6.3%
Units Available
25 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.
Lakewood
Average Rent
$1,598/Month
Year-Over-Year Rent Change
0.3%
Units Available
81 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.
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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.