Most Affordable Neighborhoods in Saint Petersburg, FL
Some of the cheapest neighborhoods in Saint Petersburg are Bickley's Lakewood, Lakewood Country Club Estates, and Pinellas Point. These neighborhoods offer some of the lowest rent prices in Saint Petersburg, making them ideal for renters on a budget. As of June 14, 2025, the average rent in Saint Petersburg is $1,783, which is 1.6% 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.
Bickley's Lakewood
Average Rent
$1,199/Month
TransitScore® Rating
32/100
Units Available
17 Rentals
Bickley's Lakewood is an affordable neighborhood in Saint Petersburg with an average rent price of $1,199. Compare this to the city average of $1,783. Bickley's Lakewood provides easy access to St Petersburg, Allstate Center, Eckerd College, and Fort De Soto Park. It’s a car-dependent neighborhood with a WalkScore® of 16.
Lakewood Country Club Estates
Average Rent
$1,262/Month
Units Available
22 Rentals
If you’re looking for a great, affordable neighborhood in Saint Petersburg, Lakewood Country Club Estates might be the perfect place! It has an average rent price of $1,262, while the city’s average stands at $1,783.
Pinellas Point
Average Rent
$1,328/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
35/100
Units Available
45 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.
Tyrone Park
Average Rent
$1,395/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
42/100
Units Available
13 Rentals
Tyrone Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Tyrone Park is $1,395 while the city average is $1,783. This is a 0.8% difference from last year. Residents enjoy convenient access to Education Innovation Center, Great Explorations Children's Museum, and Crosswinds Center. The neighborhood is considered somewhat walkable with a WalkScore® of 63.
The Reserve at Lake Pointe
Average Rent
$1,457/Month
TransitScore® Rating
35/100
Units Available
23 Rentals
When you’re looking for a great Saint Petersburg neighborhood on a budget, check out The Reserve at Lake Pointe. The average rent is $1,457, compared to the city average of $1,783. The Reserve at Lake Pointe is convenient to Tampa International, St Petersburg Coll., Midtown, and USF, St. Petersburg Campus. The community is car-dependent with a WalkScore® of 24.
Gateway
Average Rent
$1,506/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
41/100
Units Available
15 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.
Crescent Lake
Average Rent
$1,507/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
47/100
Units Available
13 Rentals
Crescent Lake is an affordable neighborhood in Saint Petersburg with an average rent price of $1,507. Compare this to the city average of $1,783. In the past year, rent prices have increased by 0.7%. Crescent Lake provides easy access to Great Explorations Children's Museum, Weedon Island Preserve, and St Petersburg Coll., Midtown. It’s a walkable neighborhood with a WalkScore® of 81.
Euclid Grove
Average Rent
$1,509/Month
TransitScore® Rating
32/100
Units Available
10 Rentals
If you’re looking for a great, affordable neighborhood in Saint Petersburg, Euclid Grove might be the perfect place! It has an average rent price of $1,509, while the city’s average stands at $1,783. Euclid Grove is near St Petersburg, Allstate Center, St Petersburg Coll., Downtown, and Weedon Island Preserve.
Windward Pointe Condominium
Average Rent
$1,527/Month
Units Available
34 Rentals
Windward Pointe Condominium is a top choice for budget-conscious renters for a variety of reasons. The average rent in Windward Pointe Condominium is $1,527 while the city average is $1,783. Residents enjoy convenient access to St Petersburg Coll., Downtown, Skyconnect Rental Car Facility Station, and St Petersburg Coll., EpiCenter.
Tamarind Bay
Average Rent
$1,528/Month
TransitScore® Rating
32/100
Units Available
38 Rentals
When you’re looking for a great Saint Petersburg neighborhood on a budget, check out Tamarind Bay. The average rent is $1,528, compared to the city average of $1,783. Tamarind Bay is convenient to Skyconnect Rental Car Facility Station, St Pete-Clearwater International, and Tampa International. The community is car-dependent with a WalkScore® of 40.
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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.