Cheapest Neighborhoods in Saint Petersburg, FL
Some of the cheapest neighborhoods in Saint Petersburg are Bickley's Lakewood, Lellman Heights, and Lakewood Country Club Estates. These neighborhoods offer some of the lowest rent prices in Saint Petersburg, making them ideal for renters on a budget. As of August 1, 2026, the average rent in Saint Petersburg is $1,802, which is 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.
Bickley's Lakewood
Average Rent
$1,222/Month
Units Available
22 Rentals
When you’re looking for a great Saint Petersburg neighborhood on a budget, check out Bickley's Lakewood. The average rent is $1,222, compared to the city average of $1,802.
Lellman Heights
Average Rent
$1,250/Month
Units Available
10 Rentals
Lellman Heights is an affordable neighborhood in Saint Petersburg with an average rent price of $1,250. Compare this to the city average of $1,802.
Lakewood Country Club Estates
Average Rent
$1,255/Month
Units Available
34 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 $1,255, while the city’s average stands at $1,802.
Pinellas Point
Average Rent
$1,334/Month
Year-Over-Year Rent Change
1.6%
Units Available
76 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
$1,335/Month
Units Available
34 Rentals
Lealman is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lealman is $1,335 while the city average is $1,802.
Euclid Grove
Average Rent
$1,353/Month
Units Available
15 Rentals
When you’re looking for a great Saint Petersburg neighborhood on a budget, check out Euclid Grove. The average rent is $1,353, compared to the city average of $1,802.
Disston Heights
Average Rent
$1,355/Month
Year-Over-Year Rent Change
0.9%
Units Available
12 Rentals
Disston Heights is an affordable neighborhood in Saint Petersburg with an average rent price of $1,355. Compare this to the city average of $1,802. In the past year, rent prices have increased by 0.9%. Disston Heights provides easy access to St Petersburg Coll., Downtown, 2942 49th St N, and St Pete-Clearwater International.
Tyrone Park
Average Rent
$1,364/Month
Year-Over-Year Rent Change
11%
Units Available
15 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 $1,364, while the city’s average stands at $1,802. In the last year, prices have increased by 11%. Tyrone Park is near Great Explorations Children's Museum, Secrets of the Sea Marine Exploration Center and Aquarium, and Education Innovation Center.
Tamarind Bay
Average Rent
$1,407/Month
Units Available
27 Rentals
Tamarind Bay is a top choice for budget-conscious renters for a variety of reasons. The average rent in Tamarind Bay is $1,407 while the city average is $1,802.
Pinellas Point Skyview Shores
Average Rent
$1,460/Month
Units Available
12 Rentals
When you’re looking for a great Saint Petersburg neighborhood on a budget, check out Pinellas Point Skyview Shores. The average rent is $1,460, compared to the city average of $1,802.
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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.