City Report · FL

Saint Petersburg

·169th most expensive in Florida·Rental market data updated monthly for Saint Petersburg, FL
Median rent (all units)
$2,067/mo
Year-over-Year
-1.7%
Month-over-Month
+0.4%
vs US Median
+$105
Stable (Monthly)
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Most AffordableMost Expensive
Saint Petersburg · $2,067
More expensive than 62% of US cities · National median $1,962/mo
Rent Reality Score
82/100
Great value
OverheatedFairGreat value

Rents are 16% below what Saint Petersburg's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,067/mo
Expected by trend
$2,454/mo
The Rent Reality Score compares today's median rent to where Saint Petersburg's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,714
1 BR
$1,846
2 BR
$2,165
3 BR
$2,773
4 BR+
$3,374
Fair Market Rent (HUD)
$2,165/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,067 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$24,804/yr
At $2,067/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-1.7% YoY, +0.4% MoM), not inventory.
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2021 vs 2026

How Saint Petersburg, FL has changed in 5 years

Rent
$1,479 → $2,067
up 39.8%

Five years ago, renters in Saint Petersburg, FL paid around $1,479 a month. That figure now sits near $2,067, up 39.8% from the 2021 baseline. Reading these numbers side by side helps frame whether current listings in Saint Petersburg, FL look reasonable against where the market sat half a decade ago.

Community

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View Saint Petersburg rent history (2015–2026) →
Salary vs rent

Can you afford rent in Saint Petersburg on your salary?

At $2,067/mo, how Saint Petersburg rent compares to typical pay (30% rule).

By apartment size

Saint Petersburg rent by bedroom count

Median rent for each apartment size in Saint Petersburg. Click any size for full breakdown.

Local insights

Tips for renters in Saint Petersburg

About renting in Saint Petersburg, FL

Last updated: August 17, 2026

The median rent in Saint Petersburg is $2,067/mo as of August 2026. A studio apartment averages $1,714/mo while a 2-bedroom runs $2,165/mo. One-bedroom apartments average $1,846/mo and 3-bedroom units go for $2,773/mo.

At 34% of estimated US median household income ($72,000/yr), Saint Petersburg ranks as moderate compared to the national benchmark of 30%. Rents have decreased 1.7% over the past year.

FAQ

Frequently asked questions

Is Saint Petersburg an affordable city for renters?

Saint Petersburg is considered moderate for renters. At $2,067/mo, rent takes approximately 34% of the US median household income ($72,000/yr). The standard benchmark is 30%. Saint Petersburg slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Saint Petersburg?

To keep rent at or below 30% of gross income, you would need to earn at least $83,000/year (~$40/hour full-time) to afford the median rent of $2,067/mo in Saint Petersburg.

Is rent going up or down in Saint Petersburg?

Rent in Saint Petersburg has decreased 1.7% over the past year as of August 2026, offering some relief compared to 12 months ago.

Which Saint Petersburg neighborhoods have the lowest rent?

The most affordable ZIP codes in Saint Petersburg are 33716 ($1,745/mo), 33714 ($1,851/mo), and 33712 ($1,852/mo). Citywide, the median rent in Saint Petersburg is $2,067/mo.

How does Saint Petersburg rent compare to other cities in Florida?

Saint Petersburg is middle-of-the-pack for Florida for rent, ranking #169 out of 291 tracked cities at $2,067/mo.

How does Saint Petersburg rent compare to the national average?

Saint Petersburg's median rent of $2,067/mo is $105 (5%) above the US national median of $1,962/mo. Within Florida, it ranks #169 out of 291 tracked cities.
Income Affordability
34%
MODERATE

At $2,067/mo, rent takes ~34% of US median household income ($72,000/yr). The standard benchmark is 30%.

Saint Petersburg 34%Benchmark 30%
State income taxNone
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Lowest-rent ZIP codes in Saint Petersburg
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Saint Petersburg, FL

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