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

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

Downtown St. Petersburg rentals average $2,000 for a studio rental to $6,500 for a 4-bedroom rental. The median price of all currently available listings is $2,995, or roughly $44 per square feet.
For the apartment units and housing in August 2026, median rents have fallen over the last year. Studio rentals prices have increased by $527 (35.75%) year-over-year from $1,473 to $2,000. 1-bedroom rentals prices have decreased by $161 (-6.95%) year-over-year from $2,311 to $2,150. 2-bedroom rentals prices have increased by $1,060 (22.13%) year-over-year from $4,790 to $5,850. 3-bedroom rentals prices have increased by $3,817 (77.36%) year-over-year from $4,933 to $8,750. 4-bedroom rentals prices have increased by $270 (4.33%) year-over-year from $6,230 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 up by 7.24% this month. 1-bedroom rents have gone down by 13.42% this month. 2-bedroom rents have gone up by 18.98% this month. 3-bedroom rents have gone down by 5.06% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Aug 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $59.27 $2,000 $1,473 (35.75%) $1,682 (18.93%)
1 BR $33.03 $2,150 $2,311 (-6.95%) $1,917 (12.16%)
2 BR $48.96 $5,850 $4,790 (22.13%) $4,268 (37.07%)
3 BR $49.37 $8,750 $4,933 (77.36%) $5,916 (47.91%)
4+ BR $40.63 $6,500 $6,230 (4.33%) $15,397 (-57.78%)

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 28 cities nearby Downtown St. Petersburg. The average rent in Downtown St. Petersburg is currently $2,249 per month. A total of 25 cities nearby have an average rent lower than that. Our records show that University, FL, with an average rent of $1,495, 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. Typically, rent for studios in Downtown St. Petersburg, St. Petersburg, FL is 77.75% more expensive than other cities nearby. One bedrooms are about 31.98% more expensive. Two bedrooms in Downtown St. Petersburg, St. Petersburg, FL are about 64.09% more expensive. Finally, rent for three bedrooms are about 71.43% more expensive. Want more information? Check out the top 10 cities out of 28 total cities near Downtown St. Petersburg, St. Petersburg, FL in the following table.
City Studio 1 Bed 2 Bed All
Largo, FL $895 $1,450 $1,800 $1,900
Town 'n' Country, FL N/A $1,397 $1,798 $1,995
Madeira Beach, FL $1,650 $1,800 $2,425 $2,000
Ruskin, FL $1,105 $1,425 $2,000 $2,193
St. Petersburg, FL $1,925 $1,700 $2,500 $2,349
Tampa, FL $999 $1,550 $1,950 $2,500
Clearwater, FL $1,995 $1,550 $2,975 $2,675
Treasure Island, FL $1,450 $1,923 $3,250 $2,800
Apollo Beach, FL N/A N/A $2,050 $2,948
St. Pete Beach, FL $1,975 $1,800 $3,500 $3,200

Top Neighborhoods Near Downtown St. Petersburg

There are a total of 11 neighborhoods in or near Downtown St. Petersburg. Some of these neighborhoods include Kings Point Condominiums, South Bradenton, and Old Seminole Heights. We've included all of these top 11 neighborhoods in or near Downtown St. Petersburg, St. Petersburg, FL in the following table.

The average rent for these 11 neighborhoods in or near Downtown St. Petersburg, St. Petersburg, FL is currently around $2,500 per month. A total of 8 neighborhoods have a lower average rent. Meaning, only three neighborhoods have a higher average rent than $2,500. Interestingly, the neighborhoods' average rent is less than Downtown St. Petersburg's average rent, which is actually $2,995. Out of all the neighborhoods in or near Downtown St. Petersburg, Kings Point Condominiums has the most affordable average rent at $1,600 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
Kings Point Condominiums, Sun City Center, FL N/A $1,485 $1,650 $1,600
South Bradenton, FL $1,099 N/A $1,750 $1,800
Old Seminole Heights, Tampa, FL $900 $1,500 $1,700 $2,325
The Meadows, FL N/A $1,700 $2,300 $2,400
Coquina Key, St. Petersburg, FL N/A $1,925 $2,875 $2,500
Heritage Harbour, Myakka City, FL N/A N/A $2,313 $2,500
Isla del Sol, St. Petersburg, FL N/A $2,200 $2,600 $2,600
Sun Bay South, Tampa, FL N/A $1,988 $2,395 $2,800
Lakewood Ranch, Myakka City, FL N/A $1,708 $3,200 $3,293
Sand Key, Clearwater, FL $2,825 $2,300 $4,000 $4,000
Clearwater Beach, Clearwater, FL $2,200 $3,000 $4,000 $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 Tarpon Springs, FL, Palm River-Gibsonton, FL, and Clearwater, FL. The average rent for rentals in these counties is $2,300. That's roughly around $23 per sqft. A total of 12 counties have a lower average rent. The county that is the most affordable is New Port Richey, FL. Its average rent per month is $1,950. 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 45.00% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Downtown St. Petersburg, St. Petersburg, FL is 30.23% more expensive than other counties nearby. Finally, rent for two bedrooms in Downtown St. Petersburg, St. Petersburg, FL is 60.00% more expensive than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Tarpon Springs, FL $945 $1,650 $1,946 $2,100
Palm River-Gibsonton, FL N/A N/A $1,900 $2,100
Clearwater, FL $1,700 $1,500 $2,200 $2,250
Tampa, FL $999 $1,450 $1,800 $2,250
St. Petersburg, FL $1,900 $1,669 $2,400 $2,300
Ruskin, FL $1,105 $1,463 $1,900 $2,300
Bradenton, FL $1,075 $1,463 $2,200 $2,500
Keystone-Citrus Park, FL $1,100 $1,425 $1,850 $2,500
Boca Ciega, FL $1,650 $1,800 $2,500 $2,575
St. Pete Beach, FL $1,500 $1,850 $3,400 $3,100

Top Zipcodes Near Downtown St. Petersburg

There are a total of 39 zipcodes in or near Downtown St. Petersburg, St. Petersburg, FL. The average rent for all of these zipcodes is $2,125. A total of 36 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 $1,450 per month. In comparison, the zipcode with the most expensive average rent of $4,995 per month is 33629, Tampa, 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 $1,599 per month. Or in other words, $28 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,950 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 $1,950 $1,984 $4,000 $2,500
33713, St. Petersburg, FL $1,325 $1,475 $1,875 $2,000
33711, St. Petersburg, FL $1,900 $1,795 $2,023 $2,388
33702, St. Petersburg, FL N/A $1,450 $1,595 $1,773
33707, South Pasadena, FL N/A $1,700 $2,500 $2,500
33710, St. Petersburg, FL N/A $1,288 $1,750 $1,975
33706, St. Pete Beach, FL $1,500 $1,850 $3,400 $3,100
33616, Tampa, FL N/A $2,514 $2,760 $2,850
33611, Tampa, FL N/A $1,650 $2,049 $2,798
33764, Clearwater, FL N/A $1,599 $2,200 $2,125

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 $2,995. 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 $2,000 and an average price per square feet of $59.27. There are a total of 21 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 $2,150 and an average price per square feet of $33.03. There are a total of 31 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 $5,500 and an average price per square feet of $48.96. There are a total of 35 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 0.36%, one bedroom rental prices have changed by -0.07%, two bedroom rental prices have changed by 0.22%, three bedroom rental prices have changed by 0.77% 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 $2,396/month. You can search for these reasonably priced rental listings on RentHop.