Average Rent in Downtown St. Petersburg, St. Petersburg, FL

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Current Versus Historical Downtown St. Petersburg, St. Petersburg, FL Rents

Downtown St. Petersburg rentals average $3,000 for a 1-bedroom rental to $9,999 for a 4-bedroom rental. The median price of all currently available listings is $4,900, or roughly $3 per square feet.

For the apartment units and housing in April 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $138 (10.28%) year-over-year from $1,338 to $1,475. 1-bedroom rentals prices have increased by $193 (12.16%) year-over-year from $1,583 to $1,775. 2-bedroom rentals prices have increased by $856 (21.29%) year-over-year from $4,019 to $4,875. 3-bedroom rentals prices have decreased by $1,107 (-17.48%) year-over-year from $6,332 to $5,225. 4-bedroom rentals prices have increased by $1,207 (10.02%) year-over-year from $12,043 to $13,250. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 18.00% this month. 1-bedroom rents have gone up by 1.64% this month. 2-bedroom rents have gone up by 4.28% this month. 3-bedroom rents have gone down by 6.84% this month. 4-bedroom rents have gone up by 0.76% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$3.23	$1,775	$1,583 (12.16%)	$2,461 (-27.86%)
2 BR	$3.88	$4,875	$4,019 (21.29%)	$3,814 (27.82%)
3 BR	$3.33	$5,225	$6,332 (-17.48%)	$5,733 (-8.87%)
4+ BR	$3.40	$13,250	$12,043 (10.02%)	$9,629 (37.60%)

Historical Rents in Downtown St. Petersburg, St. Petersburg, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Downtown St. Petersburg

There are a total of 15 cities nearby Downtown St. Petersburg. The average rent in Downtown St. Petersburg is currently $2,418 per month. A total of 14 cities nearby have an average rent lower than that. Our records show that University, FL, with an average rent of $1,604, is the most affordable city nearby. In contrast, the most expensive city near Downtown St. Petersburg, St. Petersburg, FL is Longboat Key, FL. Monthly rents here are on average $7,000 per month.

Let's compare Downtown St. Petersburg, St. Petersburg, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 42.87% more expensive. Two bedrooms in Downtown St. Petersburg, St. Petersburg, FL are about 48.96% more expensive. Finally, rent for three bedrooms are about 53.85% more expensive. Want more information? Check out the top 10 cities out of 15 total cities near Downtown St. Petersburg, St. Petersburg, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
Largo, FL	$1,463	$1,325	$1,950	$2,100
Town 'n' Country, FL	N/A	$1,550	$1,950	$2,150
Sun City Center, FL	N/A	$1,500	$1,998	$2,150
Riverview, FL	N/A	$1,637	$1,850	$2,400
St. Petersburg, FL	$1,325	$1,714	$2,450	$2,418
Tampa, FL	$1,916	$2,171	$2,737	$2,600
Bradenton, FL	$1,173	$1,700	$2,750	$2,995
Clearwater, FL	$2,500	$1,600	$3,200	$3,150
Treasure Island, FL	N/A	$2,300	$3,200	$3,200
St. Pete Beach, FL	$1,400	$2,000	$3,700	$4,000

Top Neighborhoods Near Downtown St. Petersburg

There are a total of 8 neighborhoods in or near Downtown St. Petersburg. Some of these neighborhoods include Carver City - Lincoln Gardens, Channel District, and Isla del Sol. We've included all of these top 8 neighborhoods in or near Downtown St. Petersburg, St. Petersburg, FL in the following chart.

The average rent for these 8 neighborhoods in or near Downtown St. Petersburg, St. Petersburg, FL is currently around $2,900 per month. A total of 8 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Downtown St. Petersburg, Carver City - Lincoln Gardens has the most affordable average rent at $2,410 per month. Whereas, at $4,500 average rent per month, Clearwater Beach is the most expensive neighborhood in or near Downtown St. Petersburg. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Carver City - Lincoln Gardens, Tampa, FL	$1,855	$2,138	$2,928	$2,410
Channel District, Tampa, FL	$1,976	$2,598	$3,947	$2,673
Isla del Sol, St. Petersburg, FL	N/A	$2,700	$2,725	$2,725
Heritage Harbour, Myakka City, FL	N/A	N/A	$2,600	$2,800
The Meadows, FL	N/A	$2,075	$3,150	$3,000
Lakewood Ranch, Myakka City, FL	N/A	N/A	$3,250	$3,500
Sand Key, Clearwater, FL	$2,600	$3,600	$4,275	$4,275
Clearwater Beach, Clearwater, FL	$2,300	$2,850	$4,000	$4,500

Top Counties Near Downtown St. Petersburg

There are a total of 8 counties located by Downtown St. Petersburg, St. Petersburg, FL. Some of these counties include Ruskin, FL, Palm River-Gibsonton, FL, and Tarpon Springs, FL. The average rent for rentals in these counties is $2,522. That's roughly around $2 per sqft. A total of 10 counties have a lower average rent. The county that is the most affordable is Ruskin, FL. It's average rent per month is $2,250. Vice versa, with an average rent of $3,700, St. Pete Beach, FL is the most expensive county by Downtown St. Petersburg, St. Petersburg, FL.

Typically, rent for studios in Downtown St. Petersburg, St. Petersburg, FL is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Downtown St. Petersburg, St. Petersburg, FL is 41.79% more expensive than other counties nearby. Finally, rent for two bedrooms in Downtown St. Petersburg, St. Petersburg, FL is 52.60% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Ruskin, FL	N/A	$1,575	$2,000	$2,250
Palm River-Gibsonton, FL	N/A	N/A	$1,950	$2,295
Tarpon Springs, FL	N/A	$1,825	$1,995	$2,298
St. Petersburg, FL	$1,313	$1,705	$2,450	$2,400
Tampa, FL	$1,916	$2,106	$2,100	$2,446
Clearwater, FL	$2,000	$1,600	$2,495	$2,598
Keystone-Citrus Park, FL	N/A	$1,500	$2,100	$2,600
Bradenton, FL	$1,173	$1,788	$2,800	$3,200
Boca Ciega, FL	$1,700	$2,125	$3,125	$3,250
St. Pete Beach, FL	$1,400	$2,200	$3,500	$3,700

Top Zipcodes Near Downtown St. Petersburg

There are a total of 28 zipcodes in or near Downtown St. Petersburg, St. Petersburg, FL. The average rent for all of these zipcodes is $2,685. A total of 27 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33613, University, FL at $1,763 per month. In comparison, the zipcode with the most expensive average rent of $7,000 per month is 34228, Longboat Key, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Downtown St. Petersburg, St. Petersburg, FL is $1,900 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,500 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Downtown St. Petersburg, St. Petersburg, FL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
33701, St. Petersburg, FL	$1,463	$1,750	$4,250	$3,750
33705, St. Petersburg, FL	N/A	$2,000	$2,350	$2,390
33702, St. Petersburg, FL	N/A	$1,739	$2,147	$2,000
33707, South Pasadena, FL	N/A	$1,925	$2,600	$2,500
33706, St. Pete Beach, FL	$1,400	$2,200	$3,500	$3,700
33716, St. Petersburg, FL	N/A	$1,693	$2,037	$1,766
33715, Tierra Verde, FL	N/A	$2,350	$2,800	$2,800
33708, Boca Ciega, FL	$1,700	$2,275	$3,500	$3,500
33611, Tampa, FL	N/A	$1,500	$2,300	$2,995
33609, Tampa, FL	N/A	$1,525	$2,000	$2,825

Frequently Asked Questions - Downtown St. Petersburg Average Rents

What is the average rent price in Downtown St. Petersburg, St. Petersburg, FL?

The average monthly rental price for Downtown St. Petersburg, St. Petersburg, FL apartments for rent is approximately $4,900. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Downtown St. Petersburg, St. Petersburg, FL rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Downtown St. Petersburg, St. Petersburg, FL.

How much is a studio apartment in Downtown St. Petersburg, St. Petersburg, FL?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Downtown St. Petersburg.

How much is a one bedroom apartment in Downtown St. Petersburg, St. Petersburg, FL?

The average monthly rental price for one bedroom apartments is $3,000 and an average price per square feet of $3.23. There are a total of 9 one bedroom apartment listings currently available for rent in Downtown St. Petersburg.

How much is a two bedroom apartment in Downtown St. Petersburg, St. Petersburg, FL?

The average monthly rental price for two bedroom apartments is $4,800 and an average price per square feet of $3.88. There are a total of 23 two bedroom apartment listings currently available for rent in Downtown St. Petersburg.

How have rent prices in Downtown St. Petersburg, St. Petersburg, FL changed this year?

Rent prices for rentals in Downtown St. Petersburg, St. Petersburg, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.10%, one bedroom rental prices have changed by 0.12%, two bedroom rental prices have changed by 0.21%, and three bedroom rental prices have changed by -0.17% year-over-year.

What is a reasonable rent price in Downtown St. Petersburg, St. Petersburg, FL?

A reasonable rent price in Downtown St. Petersburg, St. Petersburg, FL is around $3,920/month. You can search for these reasonably priced rental listings on RentHop.