Average Rent in St. Petersburg, FL

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Current Versus Historical St. Petersburg, FL Rents

St. Petersburg rentals average $1,375 for a studio rental to $3,500 for a 4-bedroom rental. The median price of all currently available listings is $2,400, or roughly $3 per square feet.
For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $134 (10.99%) year-over-year from $1,216 to $1,350. 1-bedroom rentals prices have increased by $199 (13.29%) year-over-year from $1,498 to $1,698. 2-bedroom rentals prices have increased by $280 (12.94%) year-over-year from $2,160 to $2,440. 3-bedroom rentals prices have increased by $123 (4.70%) year-over-year from $2,627 to $2,750. 4-bedroom rentals prices have decreased by $247 (-6.95%) year-over-year from $3,547 to $3,300. 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 4.53% this month. 1-bedroom rents have gone up by 7.27% this month. 2-bedroom rents have gone up by 5.12% this month. 3-bedroom rents have gone down by 0.87% this month. 4-bedroom rents have gone down by 5.94% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.06 $1,350 $1,216 (10.99%) $1,129 (19.57%)
1 BR $2.81 $1,698 $1,498 (13.29%) $1,477 (14.95%)
2 BR $2.53 $2,440 $2,160 (12.94%) $1,981 (23.16%)
3 BR $2.32 $2,750 $2,627 (4.70%) $2,448 (12.32%)
4+ BR $2.17 $3,300 $3,547 (-6.95%) $2,692 (22.60%)

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 10 cities nearby St. Petersburg. The average rent in St. Petersburg is currently $2,588 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 $7,200 per month.

Let's compare St. Petersburg, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 5.14% more expensive. Two bedrooms in St. Petersburg, FL are about 1.80% more expensive. Finally, rent for three bedrooms are about 3.33% more expensive. Want more information? Check out the top 10 cities near St. Petersburg, FL in the following chart.
City Studio 1 Bed 2 Bed All
Largo, FL N/A $1,447 $1,950 $1,950
Palm Harbor, FL N/A $1,650 $2,000 $2,200
Tampa, FL $1,313 $2,000 $1,900 $2,300
Riverview, FL N/A $1,765 $1,850 $2,300
Town 'n' Country, FL N/A $1,550 $1,898 $2,375
Bradenton, FL N/A $1,550 $2,900 $2,800
Clearwater, FL $2,650 $1,600 $3,500 $3,500
The Meadows, FL N/A $1,850 $3,700 $3,500
St. Pete Beach, FL N/A $2,500 $4,500 $4,500
Longboat Key, FL N/A $7,000 $6,500 $7,200

Top Neighborhoods Near St. Petersburg

There are a total of 5 neighborhoods in or near St. Petersburg. Some of these neighborhoods include Heritage Harbour, The Meadows, and Lakewood Ranch. We've included all of these top 5 neighborhoods in or near St. Petersburg, FL in the following chart.

The average rent for these 5 neighborhoods in or near St. Petersburg, FL is currently around $3,850 per month. Meaning, only five neighborhoods have a higher average rent than $3,850. Interestingly, the neighborhoods' average rent is higher than St. Petersburg's average rent, which is only $2,400. Out of all the neighborhoods in or near St. Petersburg, Heritage Harbour has the most affordable average rent at $2,775 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
Heritage Harbour, Myakka City, FL N/A N/A $2,500 $2,775
The Meadows, FL N/A $1,850 $3,600 $3,500
Lakewood Ranch, Myakka City, FL N/A N/A $3,700 $3,850
Sand Key, Clearwater, FL $2,650 $3,150 $4,000 $4,100
Clearwater Beach, Clearwater, FL $2,900 $3,250 $4,500 $5,000

Top Counties Near St. Petersburg

There are a total of 5 counties located by St. Petersburg, FL. Some of these counties include Tampa, FL, Tarpon Springs, FL, and Palm River-Gibsonton, FL. The average rent for rentals in these counties is $2,500. That's roughly around $2 per sqft. A total of 5 counties have a lower average rent. The county that is the most affordable is Tampa, FL. It's average rent per month is $2,200. Vice versa, with an average rent of $3,775, 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 11.11% more expensive than other counties nearby. Finally, rent for two bedrooms in St. Petersburg, FL is 9.92% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Tampa, FL $1,313 $1,811 $1,850 $2,200
Tarpon Springs, FL N/A $1,500 $1,950 $2,200
Palm River-Gibsonton, FL N/A N/A $1,925 $2,225
Ruskin, FL N/A $1,600 $2,000 $2,250
St. Petersburg, FL $1,400 $1,800 $2,495 $2,400
Keystone-Citrus Park, FL N/A $1,395 $2,000 $2,600
Clearwater, FL $2,625 $1,600 $2,950 $2,900
Bradenton, FL N/A $1,600 $2,800 $3,000
Boca Ciega, FL N/A $2,000 $3,350 $3,150
St. Pete Beach, FL N/A $2,500 $3,700 $3,775

Top Zipcodes Near St. Petersburg

There are a total of 3 zipcodes in or near St. Petersburg, FL. The average rent for all of these zipcodes is $2,100. A total of 3 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33617, Temple Terrace, FL at $1,750 per month. In comparison, the zipcode with the most expensive average rent of $2,295 per month is 33647, Tampa, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near St. Petersburg, FL is $1,500 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,698 per month. Which comes out to $1 per sqft. The following chart includes the top 3 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
33647, Tampa, FL N/A N/A $1,698 $2,295
33578, Progress Village, FL N/A $1,765 $1,925 $2,100
33617, Temple Terrace, FL $1,050 $1,500 $1,640 $1,750

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 $2,400. 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 $1,375 and an average price per square feet of $3.06. There are a total of 8 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 $1,800 and an average price per square feet of $2.81. There are a total of 94 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 $2.53. There are a total of 156 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 0.11%, one bedroom rental prices have changed by 0.13%, two bedroom rental prices have changed by 0.13%, 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 $1,920/month. You can search for these reasonably priced rental listings on RentHop.
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