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

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

Downtown St. Petersburg rentals average $150 for a studio rental to $8,248 for a 3-bedroom rental. The median price of all currently available listings is $5,800, or roughly $51 per square feet.
For the apartment units and housing in October 2026, median rents have risen substantially over the last year. Studio rentals prices have decreased by $1,183 (-88.75%) year-over-year from $1,333 to $150. 1-bedroom rentals prices have increased by $330 (12.82%) year-over-year from $2,571 to $2,900. 2-bedroom rentals prices have increased by $2,270 (49.07%) year-over-year from $4,625 to $6,895. 3-bedroom rentals prices have increased by $3,581 (75.12%) year-over-year from $4,767 to $8,348. 4-bedroom rentals prices have increased by $210 (3.34%) year-over-year from $6,290 to $6,500. 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 down by 80.43% this month. 1-bedroom rents have gone up by 5.45% this month. 2-bedroom rents have gone up by 16.24% this month. 3-bedroom rents have gone down by 4.04% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Oct 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio N/A $150 $1,333 (-88.75%) $1,600 (-90.63%)
1 BR $53.83 $2,900 $2,571 (12.82%) $1,945 (49.13%)
2 BR $52.52 $6,895 $4,625 (49.07%) $5,521 (24.88%)
3 BR $46.49 $8,348 $4,767 (75.12%) $6,248 (33.60%)

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 29 cities nearby Downtown St. Petersburg. The average rent in Downtown St. Petersburg is currently $2,200 per month. A total of 28 cities nearby have an average rent lower than that. Our records show that University, FL, with an average rent of $1,490, 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 $7,200 per month.

Let's compare Downtown St. Petersburg, St. Petersburg, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Downtown St. Petersburg, St. Petersburg, FL is 496.67% more affordable than other cities nearby. One bedrooms are about 50.00% more expensive. Two bedrooms in Downtown St. Petersburg, St. Petersburg, FL are about 66.95% more expensive. Finally, rent for three bedrooms are about 68.48% more expensive. Want more information? Check out the top 10 cities out of 29 total cities near Downtown St. Petersburg, St. Petersburg, FL in the following table.
City Studio 1 Bed 2 Bed All
Largo, FL $895 $1,400 $1,750 $1,850
Madeira Beach, FL $1,500 $1,900 $2,900 $2,000
Ruskin, FL $1,100 $1,273 $1,845 $2,200
Tampa, FL $1,154 $1,500 $1,900 $2,400
St. Petersburg, FL $1,175 $1,650 $2,500 $2,500
South Pasadena, FL N/A $1,950 $2,500 $2,500
Treasure Island, FL $1,625 $2,100 $2,800 $2,500
Clearwater, FL $1,995 $1,450 $3,000 $2,600
Apollo Beach, FL N/A $1,600 $2,150 $2,750
St. Pete Beach, FL $1,450 $1,950 $3,600 $3,200

Top Neighborhoods Near Downtown St. Petersburg

There are a total of 7 neighborhoods in or near Downtown St. Petersburg. Some of these neighborhoods include South Bradenton, Heritage Harbour, and The Meadows. We've included all of these top 7 neighborhoods in or near Downtown St. Petersburg, St. Petersburg, FL in the following table.

The average rent for these 7 neighborhoods in or near Downtown St. Petersburg, St. Petersburg, FL is currently around $2,650 per month. A total of 7 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than Downtown St. Petersburg's average rent, which is actually $5,800. Out of all the neighborhoods in or near Downtown St. Petersburg, South Bradenton has the most affordable average rent at $1,850 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 table for more information.
Neighborhood Studio 1 Bed 2 Bed All
South Bradenton, FL $999 $1,100 $1,800 $1,850
Heritage Harbour, Myakka City, FL N/A N/A $2,499 $2,500
The Meadows, FL N/A $1,675 $2,300 $2,500
Isla del Sol, St. Petersburg, FL N/A $2,200 $2,750 $2,650
Lakewood Ranch, Myakka City, FL N/A $1,599 $3,225 $3,400
Sand Key, Clearwater, FL $2,750 $2,725 $4,000 $4,300
Clearwater Beach, Clearwater, FL $2,200 $3,100 $3,900 $4,500

Top Counties Near Downtown St. Petersburg

There are a total of 15 counties located by Downtown St. Petersburg, St. Petersburg, FL. Some of these counties include Palm River-Gibsonton, FL, Tarpon Springs, FL, and Tampa, FL. The average rent for rentals in these counties is $2,400. That's roughly around $22 per sqft. A total of 14 counties have a lower average rent. The county that is the most affordable is New Port Richey, FL. Its average rent per month is $1,850. Vice versa, with an average rent of $8,000, Longboat Key, 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 666.00% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Downtown St. Petersburg, St. Petersburg, FL is 50.00% more expensive than other counties nearby. Finally, rent for two bedrooms in Downtown St. Petersburg, St. Petersburg, FL is 66.10% more expensive than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Palm River-Gibsonton, FL N/A N/A $1,925 $2,100
Tarpon Springs, FL $1,150 $1,500 $1,950 $2,100
Tampa, FL $1,149 $1,395 $1,750 $2,200
Ruskin, FL $1,100 $1,450 $1,898 $2,300
Clearwater, FL $1,700 $1,450 $2,200 $2,300
Keystone-Citrus Park, FL $1,150 $1,450 $1,945 $2,400
St. Petersburg, FL $1,175 $1,500 $2,450 $2,450
Bradenton, FL $999 $1,463 $2,300 $2,550
Boca Ciega, FL $1,500 $1,850 $2,500 $2,600
St. Pete Beach, FL $1,500 $1,998 $3,150 $3,000

Top Zipcodes Near Downtown St. Petersburg

There are a total of 38 zipcodes in or near Downtown St. Petersburg, St. Petersburg, FL. The average rent for all of these zipcodes is $2,136. A total of 38 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33612, Tampa, FL at $1,528 per month. In comparison, the zipcode with the most expensive average rent of $4,300 per month is 33629, Tampa, FL.

Studios in these zipcodes have an average rent of $843. That's at least $15 per sqft. 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 $1,510 per month. Or in other words, $28 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,000 per month. Which comes out to $23 per sqft. The following table 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 $1,175 $2,500 $4,353 $3,495
33713, St. Petersburg, FL $1,025 $1,448 $2,250 $1,997
33711, St. Petersburg, FL $1,750 $1,738 $2,123 $2,398
33702, St. Petersburg, FL N/A $1,375 $1,795 $1,700
33707, South Pasadena, FL $1,700 $1,700 $2,498 $2,348
33710, St. Petersburg, FL $1,223 $1,350 $2,100 $2,450
33706, St. Pete Beach, FL $1,500 $1,998 $3,150 $3,000
33611, Tampa, FL N/A $1,650 $2,100 $2,800
33764, Clearwater, FL N/A $1,575 $2,250 $2,225
33629, Tampa, FL N/A $1,600 $3,700 $4,300

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 $5,800. 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 $150. There are a total of 1 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 $2,900 and an average price per square feet of $53.83. There are a total of 15 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 $5,900 and an average price per square feet of $52.52. There are a total of 31 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 -0.89%, one bedroom rental prices have changed by 0.13%, two bedroom rental prices have changed by 0.49%, three bedroom rental prices have changed by 0.75% 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 $4,640/month. You can search for these reasonably priced rental listings on RentHop.