Average Rent in St. Petersburg, FL

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Current Versus Historical St. Petersburg, FL Rents

St. Petersburg rentals average $1,275 for a studio rental to $4,000 for a 4-bedroom rental. The median price of all currently available listings is $2,500, or roughly $2 per square feet.
For the apartment units and housing in March 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $4,332 (-77.26%) year-over-year from $5,607 to $1,275. 1-bedroom rentals prices have increased by $197 (13.11%) year-over-year from $1,503 to $1,700. 2-bedroom rentals prices have increased by $241 (11.86%) year-over-year from $2,032 to $2,273. 3-bedroom rentals prices have increased by $247 (9.30%) year-over-year from $2,653 to $2,900. 4-bedroom rentals prices have increased by $968 (31.94%) year-over-year from $3,032 to $4,000. 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 2.42% this month. 1-bedroom rents have gone up by 5.02% this month. 2-bedroom rents have gone up by 2.17% this month. 3-bedroom rents have gone up by 1.76% this month. 4-bedroom rents have gone up by 4.12% this month.
Beds
Price / Sqft
Mar 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.40 $1,275 $5,607 (-77.26%) $1,339 (-4.80%)
1 BR $2.56 $1,700 $1,503 (13.11%) $1,210 (40.48%)
2 BR $2.51 $2,273 $2,032 (11.86%) $1,550 (46.63%)
3 BR $2.28 $2,900 $2,653 (9.30%) $1,967 (47.46%)
4+ BR $2.03 $4,000 $3,032 (31.94%) $1,983 (101.68%)

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 11 cities nearby St. Petersburg. The average rent in St. Petersburg is currently $2,649 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Largo, 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 $7,500 per month.

Let's compare St. Petersburg, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 2.57% more affordable. Two bedrooms in St. Petersburg, FL are about 11.28% more affordable. Finally, rent for three bedrooms are about 4.21% more expensive. Want more information? Check out the top 10 cities out of 11 total cities near St. Petersburg, FL in the following chart.
City Studio 1 Bed 2 Bed All
Largo, FL $1,175 $1,350 $1,900 $1,950
Dunedin, FL N/A $1,735 $2,000 $2,020
Palm Harbor, FL N/A $1,550 $1,950 $2,150
Town 'n' Country, FL N/A $1,795 $1,900 $2,300
Riverview, FL N/A $1,662 $1,800 $2,400
Tampa, FL $1,883 $2,185 $2,782 $2,649
Bradenton, FL N/A $2,495 $2,800 $2,995
Clearwater, FL $2,000 $1,600 $3,500 $3,400
St. Pete Beach, FL N/A $2,200 $3,500 $4,000
Longboat Key, FL N/A $4,675 $7,200 $7,500

Top Neighborhoods Near St. Petersburg

There are a total of 7 neighborhoods in or near St. Petersburg. Some of these neighborhoods include Carver City - Lincoln Gardens, Heritage Harbour, and Channel District. We've included all of these top 7 neighborhoods in or near St. Petersburg, FL in the following chart.

The average rent for these 7 neighborhoods in or near St. Petersburg, FL is currently around $3,600 per month. A total of one neighborhood has a lower average rent. Meaning, only six neighborhoods have a higher average rent than $3,600. Interestingly, the neighborhoods' average rent is higher than St. Petersburg's average rent, which is only $2,500. Out of all the neighborhoods in or near St. Petersburg, Carver City - Lincoln Gardens has the most affordable average rent at $2,215 per month. Whereas, at $5,000 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
Carver City - Lincoln Gardens, Tampa, FL $1,883 $2,159 $2,991 $2,215
Heritage Harbour, Myakka City, FL N/A N/A $2,500 $2,698
Channel District, Tampa, FL $1,931 $2,649 $3,954 $2,739
The Meadows, FL N/A $2,475 $3,800 $3,600
Lakewood Ranch, Myakka City, FL N/A N/A $3,500 $3,800
Sand Key, Clearwater, FL $2,700 $3,975 $4,300 $4,500
Clearwater Beach, Clearwater, FL $2,000 $3,000 $4,500 $5,000

Top Counties Near St. Petersburg

There are a total of 7 counties located by St. Petersburg, FL. Some of these counties include Palm River-Gibsonton, FL, Ruskin, FL, and Tarpon Springs, FL. The average rent for rentals in these counties is $2,500. That's roughly around $2 per sqft. A total of 6 counties have a lower average rent. The county that is the most affordable is Palm River-Gibsonton, FL. It's average rent per month is $2,195. Vice versa, with an average rent of $3,600, St. Pete Beach, FL is the most expensive county by St. Petersburg, FL.

Typically, rent for studios in St. Petersburg, FL is 60.90% more expensive than other counties nearby. In comparison, rent for one bedroom listings in St. Petersburg, FL is 4.51% more expensive than other counties nearby. Finally, rent for two bedrooms in St. Petersburg, FL is 9.00% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Palm River-Gibsonton, FL N/A N/A $1,950 $2,195
Ruskin, FL N/A $1,500 $2,100 $2,299
Tarpon Springs, FL N/A $1,600 $2,000 $2,350
Tampa, FL $1,883 $2,116 $2,100 $2,436
St. Petersburg, FL $1,235 $1,742 $2,500 $2,500
Clearwater, FL $2,000 $1,595 $2,450 $2,500
Keystone-Citrus Park, FL N/A $1,425 $1,950 $2,773
Bradenton, FL $997 $2,237 $2,925 $3,195
Boca Ciega, FL N/A $2,050 $3,300 $3,350
St. Pete Beach, FL $1,423 $2,250 $3,500 $3,600

Top Zipcodes Near St. Petersburg

There are a total of 25 zipcodes in or near St. Petersburg, FL. The average rent for all of these zipcodes is $2,995. A total of 8 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 $1,733 per month. In comparison, the zipcode with the most expensive average rent of $7,500 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 $1,957 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,811 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 $2,600 $2,800 $4,125 $4,750
33706, St. Pete Beach, FL $1,423 $2,250 $3,500 $3,600
34228, Longboat Key, FL N/A $4,675 $7,200 $7,500
33647, Tampa, FL N/A $1,446 $1,780 $1,995
33607, Tampa, FL $1,875 $2,147 $2,811 $2,220
34243, Bradenton, FL N/A $3,000 $3,000 $3,250
34235, The Meadows, FL N/A $2,250 $3,500 $3,350
33606, Tampa, FL N/A $1,850 $2,983 $2,995
33708, Boca Ciega, FL N/A $2,100 $3,500 $3,850
34698, Dunedin, FL N/A $1,735 $2,000 $2,066

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 $2,500. 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 $1,275 and an average price per square feet of $3.40. There are a total of 5 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 $1,750 and an average price per square feet of $2.56. There are a total of 136 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 $2,500 and an average price per square feet of $2.51. There are a total of 245 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 -0.77%, one bedroom rental prices have changed by 0.13%, two bedroom rental prices have changed by 0.12%, and three bedroom rental prices have changed by 0.09% year-over-year.
What is a reasonable rent price in St. Petersburg, FL?
A reasonable rent price in St. Petersburg, FL is around $2,000/month. You can search for these reasonably priced rental listings on RentHop.
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