Average Rent in St. Petersburg, FL

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Current Versus Historical St. Petersburg, FL Rents

St. Petersburg rentals average $1,400 for a studio rental to $3,950 for a 4-bedroom rental. The median price of all currently available listings is $2,383, or roughly $2 per square feet.
For the apartment units and housing in July 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $26 (1.88%) year-over-year from $1,374 to $1,400. 1-bedroom rentals prices have increased by $47 (2.99%) year-over-year from $1,554 to $1,600. 2-bedroom rentals prices have increased by $131 (6.00%) year-over-year from $2,182 to $2,313. 3-bedroom rentals prices have increased by $38 (1.32%) year-over-year from $2,912 to $2,950. 4-bedroom rentals prices have increased by $573 (16.72%) year-over-year from $3,425 to $3,998. 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 6.73% this month. 1-bedroom rents have gone down by 0.84% this month. 2-bedroom rents have gone down by 0.58% this month. 3-bedroom rents have gone up by 0.57% this month. 4-bedroom rents have gone up by 9.05% this month.
Beds
Price / Sqft
Jul 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.66 $1,400 $1,374 (1.88%) $935 (49.73%)
1 BR $2.56 $1,600 $1,554 (2.99%) $1,315 (21.67%)
2 BR $2.38 $2,313 $2,182 (6.00%) $1,867 (23.88%)
3 BR $2.26 $2,950 $2,912 (1.32%) $2,247 (31.31%)
4+ BR $2.10 $3,998 $3,425 (16.72%) $2,903 (37.73%)

Historical Rents in St. Petersburg, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near St. Petersburg

There are a total of 14 cities nearby St. Petersburg. The average rent in St. Petersburg is currently $2,518 per month. A total of 6 cities nearby have an average rent lower than that. Our records show that East Lake, FL, with an average rent of $1,950, is the most affordable city nearby. In contrast, the most expensive city near St. Petersburg, FL is Longboat Key, FL. Monthly rents here are on average $7,000 per month.

Let's compare St. Petersburg, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 1.49% more expensive. Two bedrooms in St. Petersburg, FL are about 1.27% more expensive. Finally, rent for three bedrooms are about 6.93% more expensive. Want more information? Check out the top 10 cities out of 14 total cities near St. Petersburg, FL in the following chart.
City Studio 1 Bed 2 Bed All
Largo, FL $1,425 $1,429 $1,948 $2,000
Sun City Center, FL N/A $1,550 $1,900 $2,088
Town 'n' Country, FL N/A $1,498 $1,960 $2,165
Dunedin, FL N/A $1,623 $2,139 $2,230
Riverview, FL N/A $1,400 $1,850 $2,400
Tampa, FL $1,925 $2,246 $2,785 $2,636
Bradenton, FL N/A $1,550 $2,600 $2,800
Clearwater, FL $2,200 $1,625 $3,300 $3,000
Treasure Island, FL N/A $2,200 $3,325 $3,225
St. Pete Beach, FL N/A $1,800 $3,550 $3,750

Top Neighborhoods Near St. Petersburg

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

The average rent for these 8 neighborhoods in or near St. Petersburg, FL is currently around $2,908 per month. Meaning, only eight neighborhoods have a higher average rent than $2,908. Interestingly, the neighborhoods' average rent is higher than St. Petersburg's average rent, which is only $2,383. Out of all the neighborhoods in or near St. Petersburg, Isla del Sol has the most affordable average rent at $2,500 per month. Whereas, at $4,500 average rent per month, Clearwater Beach is the most expensive neighborhood in or near St. Petersburg. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Isla del Sol, St. Petersburg, FL N/A $2,100 $2,550 $2,500
Heritage Harbour, Myakka City, FL N/A N/A $2,500 $2,625
Carver City - Lincoln Gardens, Tampa, FL $1,875 $2,235 $2,926 $2,664
Channel District, Tampa, FL $2,045 $2,555 $3,711 $2,716
The Meadows, FL N/A $2,250 $3,500 $3,100
Lakewood Ranch, Myakka City, FL N/A N/A $3,181 $3,400
Sand Key, Clearwater, FL $2,200 $3,500 $4,000 $4,000
Clearwater Beach, Clearwater, FL $2,550 $2,500 $4,000 $4,500

Top Counties Near St. Petersburg

There are a total of 8 counties located by St. Petersburg, FL. Some of these counties include Tarpon Springs, FL, Palm River-Gibsonton, FL, and Ruskin, FL. The average rent for rentals in these counties is $2,496. That's roughly around $2 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Tarpon Springs, FL. It's average rent per month is $2,085. Vice versa, with an average rent of $3,500, St. Pete Beach, FL is the most expensive county by St. Petersburg, FL.

In comparison, rent for one bedroom listings in St. Petersburg, FL is 1.43% more expensive than other counties nearby. Finally, rent for two bedrooms in St. Petersburg, FL is 4.02% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Tarpon Springs, FL N/A $1,563 $2,000 $2,085
Palm River-Gibsonton, FL N/A N/A $1,850 $2,170
Ruskin, FL N/A $1,600 $2,000 $2,350
St. Petersburg, FL $1,400 $1,696 $2,382 $2,400
Tampa, FL $1,924 $2,150 $2,225 $2,492
Clearwater, FL $2,200 $1,600 $2,450 $2,500
Keystone-Citrus Park, FL N/A $1,400 $2,075 $2,598
Bradenton, FL N/A $1,650 $2,600 $3,000
Boca Ciega, FL $1,723 $2,200 $3,000 $3,275
St. Pete Beach, FL N/A $2,100 $3,500 $3,500

Top Zipcodes Near St. Petersburg

There are a total of 27 zipcodes in or near St. Petersburg, FL. The average rent for all of these zipcodes is $2,775. A total of 9 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33716, St. Petersburg, 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 St. Petersburg, FL is $1,775 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,625 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in St. Petersburg, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33767, Clearwater, FL $2,398 $2,500 $4,000 $4,000
33706, St. Pete Beach, FL N/A $2,100 $3,500 $3,500
34228, Longboat Key, FL N/A $3,250 $6,000 $7,000
33647, Tampa, FL N/A $1,412 $1,733 $1,950
33607, Tampa, FL $1,875 $2,155 $2,899 $2,550
34243, Bradenton, FL N/A $1,750 $2,500 $3,000
34235, The Meadows, FL N/A $1,900 $3,000 $2,950
33606, Tampa, FL $1,765 $1,859 $3,000 $3,338
33708, Boca Ciega, FL $1,723 $2,223 $3,200 $3,450
34698, Dunedin, FL N/A $1,600 $2,132 $2,185

Frequently Asked Questions - St. Petersburg Average Rents

What is the average rent price in St. Petersburg, FL?
The average monthly rental price for St. Petersburg, FL apartments for rent is approximately $2,383. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 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 St. Petersburg, FL.
How much is a studio apartment in St. Petersburg, FL?
The average monthly rental price for studio apartments is $1,400 and an average price per square feet of $2.66. There are a total of 12 studio apartment listings currently available for rent in St. Petersburg.
How much is a one bedroom apartment in St. Petersburg, FL?
The average monthly rental price for one bedroom apartments is $1,649 and an average price per square feet of $2.56. There are a total of 142 one bedroom apartment listings currently available for rent in St. Petersburg.
How much is a two bedroom apartment in St. Petersburg, FL?
The average monthly rental price for two bedroom apartments is $2,400 and an average price per square feet of $2.38. There are a total of 290 two bedroom apartment listings currently available for rent in St. Petersburg.
How have rent prices in St. Petersburg, FL changed this year?
Rent prices for rentals in St. Petersburg, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.02%, one bedroom rental prices have changed by 0.03%, two bedroom rental prices have changed by 0.06%, and three bedroom rental prices have changed by 0.01% year-over-year.
What is a reasonable rent price in St. Petersburg, FL?
A reasonable rent price in St. Petersburg, FL is around $1,906/month. You can search for these reasonably priced rental listings on RentHop.
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