Average Rent in University Park - South Downtown, St. Petersburg, FL

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Current Versus Historical University Park - South Downtown, St. Petersburg, FL Rents

University Park - South Downtown rentals average $3,495 for a 1-bedroom rental to $9,999 for a 4-bedroom rental. The median price of all currently available listings is $4,800, or roughly $3 per square feet.

For the apartment units and housing in April 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $542 (-32.02%) year-over-year from $1,692 to $1,150. 1-bedroom rentals prices have increased by $512 (27.12%) year-over-year from $1,888 to $2,400. 2-bedroom rentals prices have increased by $936 (23.77%) year-over-year from $3,939 to $4,875. 3-bedroom rentals prices have increased by $302 (6.42%) year-over-year from $4,698 to $5,000. 4-bedroom rentals prices have increased by $1,207 (10.02%) year-over-year from $12,043 to $13,250. 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 48.39% this month. 1-bedroom rents have gone up by 22.57% this month. 2-bedroom rents have gone up by 5.41% this month. 3-bedroom rents have gone down by 22.58% this month. 4-bedroom rents have gone up by 0.76% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$3.23	$2,400	$1,888 (27.12%)	$2,469 (-2.79%)
2 BR	$3.87	$4,875	$3,939 (23.77%)	$3,892 (25.27%)
3 BR	$2.81	$5,000	$4,698 (6.42%)	$3,850 (29.86%)
4+ BR	$3.40	$13,250	$12,043 (10.02%)	$9,629 (37.60%)

Historical Rents in University Park - South Downtown, St. Petersburg, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near University Park - South Downtown

There are a total of 14 cities nearby University Park - South Downtown. The average rent in University Park - South Downtown is currently $2,500 per month. A total of 13 cities nearby have an average rent lower than that. Our records show that University, FL, with an average rent of $1,600, is the most affordable city nearby. In contrast, the most expensive city near University Park - South Downtown, St. Petersburg, FL is Longboat Key, FL. Monthly rents here are on average $7,000 per month.

Let's compare University Park - South Downtown, St. Petersburg, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in University Park - South Downtown, St. Petersburg, FL is inf% more affordable than other cities nearby. One bedrooms are about 50.43% more expensive. Two bedrooms in University Park - South Downtown, St. Petersburg, FL are about 45.81% more expensive. Finally, rent for three bedrooms are about 42.59% more expensive. Want more information? Check out the top 10 cities out of 14 total cities near University Park - South Downtown, St. Petersburg, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
Town 'n' Country, FL	N/A	$1,550	$1,950	$2,050
Largo, FL	$1,463	$1,425	$1,950	$2,100
Dunedin, FL	$1,695	$1,706	$2,225	$2,334
Riverview, FL	N/A	$1,637	$1,850	$2,395
St. Petersburg, FL	$1,285	$1,715	$2,425	$2,400
Tampa, FL	$1,916	$2,165	$2,737	$2,600
Bradenton, FL	$1,173	$1,900	$2,800	$2,995
Treasure Island, FL	N/A	$2,300	$3,200	$3,200
Clearwater, FL	$2,500	$1,600	$3,200	$3,200
St. Pete Beach, FL	$1,400	$2,000	$3,700	$4,000

Top Neighborhoods Near University Park - South Downtown

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

The average rent for these 8 neighborhoods in or near University Park - South Downtown, St. Petersburg, FL is currently around $2,938 per month. A total of 8 neighborhoods have a lower average rent. Out of all the neighborhoods in or near University Park - South Downtown, Carver City - Lincoln Gardens has the most affordable average rent at $2,321 per month. Whereas, at $4,500 average rent per month, Clearwater Beach is the most expensive neighborhood in or near University Park - South Downtown. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Carver City - Lincoln Gardens, Tampa, FL	$1,850	$2,138	$2,928	$2,321
Channel District, Tampa, FL	$2,000	$2,598	$3,947	$2,672
Isla del Sol, St. Petersburg, FL	N/A	$2,700	$2,650	$2,700
Heritage Harbour, Myakka City, FL	N/A	N/A	$2,613	$2,775
The Meadows, FL	N/A	$2,075	$3,300	$3,100
Lakewood Ranch, Myakka City, FL	N/A	N/A	$3,250	$3,500
Sand Key, Clearwater, FL	$2,600	$3,600	$4,000	$4,200
Clearwater Beach, Clearwater, FL	$2,300	$2,850	$4,000	$4,500

Top Counties Near University Park - South Downtown

There are a total of 8 counties located by University Park - South Downtown, St. Petersburg, FL. Some of these counties include Palm River-Gibsonton, FL, Ruskin, FL, and St. Petersburg, FL. The average rent for rentals in these counties is $2,491. That's roughly around $2 per sqft. A total of 10 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 $2,275. Vice versa, with an average rent of $3,700, St. Pete Beach, FL is the most expensive county by University Park - South Downtown, St. Petersburg, FL.

Typically, rent for studios in University Park - South Downtown, St. Petersburg, FL is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in University Park - South Downtown, St. Petersburg, FL is 49.57% more expensive than other counties nearby. Finally, rent for two bedrooms in University Park - South Downtown, St. Petersburg, FL is 52.76% 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	$1,975	$2,275
Ruskin, FL	N/A	$1,725	$2,000	$2,300
St. Petersburg, FL	$1,285	$1,710	$2,400	$2,400
Tarpon Springs, FL	N/A	$1,800	$2,000	$2,400
Tampa, FL	$1,916	$2,106	$2,100	$2,431
Clearwater, FL	$2,000	$1,600	$2,469	$2,550
Keystone-Citrus Park, FL	N/A	$1,500	$2,100	$2,700
Bradenton, FL	$1,173	$1,863	$2,800	$3,200
Boca Ciega, FL	$1,700	$2,250	$3,000	$3,295
St. Pete Beach, FL	$1,400	$2,200	$3,500	$3,700

Top Zipcodes Near University Park - South Downtown

There are a total of 29 zipcodes in or near University Park - South Downtown, St. Petersburg, FL. The average rent for all of these zipcodes is $2,673. A total of 28 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 $1,766 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 University Park - South Downtown, St. Petersburg, FL is $1,850 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 University Park - South Downtown, 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	$1,375	$1,750	$4,250	$3,500
33705, St. Petersburg, FL	N/A	$2,150	$2,350	$2,390
33702, St. Petersburg, FL	N/A	$1,741	$2,137	$2,000
33707, South Pasadena, FL	N/A	$1,875	$2,550	$2,500
33706, St. Pete Beach, FL	$1,400	$2,200	$3,500	$3,700
33716, St. Petersburg, FL	N/A	$1,697	$2,037	$1,766
33715, Tierra Verde, FL	N/A	$2,275	$2,775	$2,800
33708, Boca Ciega, FL	$1,700	$2,398	$3,500	$3,500
33611, Tampa, FL	N/A	$1,548	$2,300	$2,848
33770, Largo, FL	N/A	$1,425	$1,850	$1,950

Frequently Asked Questions - University Park - South Downtown Average Rents

What is the average rent price in University Park - South Downtown, St. Petersburg, FL?

The average monthly rental price for University Park - South Downtown, St. Petersburg, FL apartments for rent is approximately $4,800. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do University Park - South Downtown, 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 University Park - South Downtown, St. Petersburg, FL.

How much is a studio apartment in University Park - South Downtown, St. Petersburg, FL?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in University Park - South Downtown.

How much is a one bedroom apartment in University Park - South Downtown, St. Petersburg, FL?

The average monthly rental price for one bedroom apartments is $3,495 and an average price per square feet of $3.23. There are a total of 7 one bedroom apartment listings currently available for rent in University Park - South Downtown.

How much is a two bedroom apartment in University Park - South Downtown, St. Petersburg, FL?

The average monthly rental price for two bedroom apartments is $4,763 and an average price per square feet of $3.87. There are a total of 20 two bedroom apartment listings currently available for rent in University Park - South Downtown.

How have rent prices in University Park - South Downtown, St. Petersburg, FL changed this year?

Rent prices for rentals in University Park - South Downtown, St. Petersburg, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.32%, one bedroom rental prices have changed by 0.27%, two bedroom rental prices have changed by 0.24%, and three bedroom rental prices have changed by 0.06% year-over-year.

What is a reasonable rent price in University Park - South Downtown, St. Petersburg, FL?

A reasonable rent price in University Park - South Downtown, St. Petersburg, FL is around $3,840/month. You can search for these reasonably priced rental listings on RentHop.