Average Rent in St. Petersburg, FL

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Current Versus Historical St. Petersburg, FL Rents

St. Petersburg rentals average $1,213 for a studio rental to $5,575 for a 4-bedroom rental. The median price of all currently available listings is $2,450, or roughly $2 per square feet.
For the apartment units and housing in April 2024, median rents have risen over the last year. Studio rentals prices have decreased by $3,558 (-73.81%) year-over-year from $4,820 to $1,263. 1-bedroom rentals prices have increased by $83 (5.45%) year-over-year from $1,517 to $1,600. 2-bedroom rentals prices have increased by $118 (5.51%) year-over-year from $2,133 to $2,250. 3-bedroom rentals prices have increased by $141 (5.13%) year-over-year from $2,754 to $2,895. 4-bedroom rentals prices have increased by $767 (21.70%) year-over-year from $3,533 to $4,300. 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 2.02% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone up by 3.85% this month. 3-bedroom rents have gone up by 1.12% this month. 4-bedroom rents have gone up by 11.21% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.02 $1,263 $4,820 (-73.81%) $1,180 (7.02%)
1 BR $2.38 $1,600 $1,517 (5.45%) $1,262 (26.77%)
2 BR $2.41 $2,250 $2,133 (5.51%) $1,655 (35.99%)
3 BR $2.33 $2,895 $2,754 (5.13%) $1,933 (49.74%)
4+ BR $2.43 $4,300 $3,533 (21.70%) $2,166 (98.54%)

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 12 cities nearby St. Petersburg. The average rent in St. Petersburg is currently $2,525 per month. A total of 6 cities nearby have an average rent lower than that. Our records show that University, FL, with an average rent of $1,650, 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. Typically, rent for studios in St. Petersburg, FL is 51.65% more expensive than other cities nearby. One bedrooms are about 1.71% more affordable. Two bedrooms in St. Petersburg, FL are about 2.73% more expensive. Finally, rent for three bedrooms are about 2.50% more affordable. Want more information? Check out the top 10 cities out of 12 total cities near St. Petersburg, FL in the following chart.
City Studio 1 Bed 2 Bed All
University, FL N/A $1,220 $1,695 $1,650
Largo, FL $1,463 $1,350 $1,950 $2,100
Town 'n' Country, FL N/A $1,650 $1,960 $2,165
Palm Harbor, FL N/A $1,700 $2,100 $2,200
Dunedin, FL $1,695 $1,758 $2,229 $2,300
Riverview, FL N/A $1,450 $1,850 $2,400
Tampa, FL $1,916 $2,269 $2,757 $2,650
Bradenton, FL $1,173 $1,985 $2,625 $2,950
Clearwater, FL $2,500 $1,650 $3,273 $3,200
St. Pete Beach, FL $1,413 $2,050 $3,725 $4,000

Top Neighborhoods Near St. Petersburg

There are a total of 9 neighborhoods in or near St. Petersburg. Some of these neighborhoods include Carver City - Lincoln Gardens, Heritage Harbour, and Isla del Sol. We've included all of these top 9 neighborhoods in or near St. Petersburg, FL in the following chart.

The average rent for these 9 neighborhoods in or near St. Petersburg, FL is currently around $3,000 per month. A total of one neighborhood has a lower average rent. Meaning, only eight neighborhoods have a higher average rent than $3,000. Interestingly, the neighborhoods' average rent is higher than St. Petersburg's average rent, which is only $2,450. Out of all the neighborhoods in or near St. Petersburg, Carver City - Lincoln Gardens has the most affordable average rent at $2,289 per month. Whereas, at $4,975 average rent per month, Downtown St. Petersburg 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 $1,875 $2,138 $2,943 $2,289
Heritage Harbour, Myakka City, FL N/A N/A $2,600 $2,800
Isla del Sol, St. Petersburg, FL N/A $2,700 $2,800 $2,800
Channel District, Tampa, FL $2,000 $2,741 $3,997 $2,808
The Meadows, FL N/A $2,000 $3,250 $3,000
Lakewood Ranch, Myakka City, FL N/A N/A $3,250 $3,500
Sand Key, Clearwater, FL $2,600 $3,600 $4,300 $4,300
Clearwater Beach, Clearwater, FL $2,300 $2,800 $4,000 $4,650
Downtown St. Petersburg, St. Petersburg, FL N/A $2,400 $5,000 $4,975

Top Counties Near St. Petersburg

There are a total of 9 counties located by St. Petersburg, FL. Some of these counties include Tarpon Springs, FL, Ruskin, FL, and Palm River-Gibsonton, FL. The average rent for rentals in these counties is $2,538. That's roughly around $2 per sqft. A total of 4 counties have a lower average rent. The county that is the most affordable is Tarpon Springs, FL. It's average rent per month is $2,200. Vice versa, with an average rent of $3,750, St. Pete Beach, FL is the most expensive county by St. Petersburg, FL.

Typically, rent for studios in St. Petersburg, FL is 0.72% more expensive than other counties nearby. In comparison, rent for one bedroom listings in St. Petersburg, FL is 1.47% more affordable than other counties nearby. Finally, rent for two bedrooms in St. Petersburg, FL is 8.38% 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 $1,750 $2,000 $2,200
Ruskin, FL N/A $1,575 $2,000 $2,300
Palm River-Gibsonton, FL N/A N/A $1,900 $2,325
St. Petersburg, FL $1,235 $1,700 $2,400 $2,400
Tampa, FL $1,916 $2,216 $2,172 $2,500
Keystone-Citrus Park, FL N/A $1,500 $2,100 $2,575
Clearwater, FL $2,000 $1,600 $2,497 $2,600
Bradenton, FL $1,173 $1,825 $2,798 $3,125
Boca Ciega, FL $1,625 $2,125 $3,149 $3,295
St. Pete Beach, FL $1,413 $2,200 $3,500 $3,750

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 $2,675. A total of 10 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 $1,761 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 $1,900 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 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 $4,000 $4,500
33706, St. Pete Beach, FL $1,413 $2,200 $3,500 $3,750
34228, Longboat Key, FL N/A $3,750 $6,500 $7,000
33647, Tampa, FL N/A $1,450 $1,700 $1,963
33607, Tampa, FL $1,860 $2,124 $2,908 $2,400
34243, Bradenton, FL N/A $2,619 $2,500 $3,000
34235, The Meadows, FL N/A $1,900 $3,000 $2,750
33606, Tampa, FL $1,657 $1,887 $2,775 $2,577
33708, Boca Ciega, FL $1,625 $2,225 $3,500 $3,500
34698, Dunedin, FL $1,695 $1,758 $2,200 $2,300

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 $2,450. 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 $1,213 and an average price per square feet of $3.02. There are a total of 6 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 $1,700 and an average price per square feet of $2.38. There are a total of 144 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 $2,495 and an average price per square feet of $2.41. There are a total of 298 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 -0.74%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by 0.06%, and three bedroom rental prices have changed by 0.05% year-over-year.
What is a reasonable rent price in St. Petersburg, FL?
A reasonable rent price in St. Petersburg, FL is around $1,960/month. You can search for these reasonably priced rental listings on RentHop.
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