Downtown St. Petersburg, St. Petersburg, FL Rental Market Trends

Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Average rent in Downtown St. Petersburg, St. Petersburg, FL

Last updated: November 18, 2025

Downtown St. Petersburg, St. Petersburg, FL rent trends

Rental prices in Downtown St. Petersburg, St. Petersburg, FL have decreased by 2.22% over the past year. The average rent moved from $3,217 to $3,146.

What's the typical rent budget in Downtown St. Petersburg, St. Petersburg, FL?

The largest share of rentals in Downtown St. Petersburg, St. Petersburg, FL (45%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Downtown St. Petersburg, St. Petersburg, FL?

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in St. Petersburg, FL By Neighborhood

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St. Petersburg | Rent Comparison by Neighborhood

Neighborhood
vs.

Rent in Downtown St. Petersburg is 65% higher than in Brighton Bay

$3,146

Downtown St. Petersburg rent is the same as St. Petersburg average

Average Rent $3,146
$1,902

Brighton Bay rent is 40% lower than St. Petersburg average

Average Rent $1,902

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Downtown St. Petersburg apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.