City Report · FL

Saint Petersburg

·168th most expensive in Florida·Rental market data updated monthly for Saint Petersburg, FL
Median rent (all units)
$2,039/mo
Year-over-Year
+3.0%
Month-over-Month
+0.6%
vs US Median
+$107
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Saint Petersburg · $2,039
More expensive than 62% of US cities · National median $1,932/mo
Rent Reality Score
76/100
Good value
OverheatedFairGreat value

Rents are 13% below what Saint Petersburg's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,039/mo
Expected by trend
$2,345/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 $2,039 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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Saint Petersburg is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Florida

Rent in Saint Petersburg changed +3.0% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.

Since before the pandemic

Rent in Saint Petersburg is 57.3% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 7 months in a row, and rose in 7 of the last 12 months.

Spread across ZIP codes

The priciest of 14 ZIP codes in Saint Petersburg, 33715 ($3,600/mo), costs 2.1 times the cheapest, 33716 ($1,712/mo).

Cheaper nearby

Largo, 10 miles away, rents for 14% less ($1,754/mo), about $3,400 a year in savings.

From Zillow's monthly rent index (ZORI) for Saint Petersburg.

Annual cost
$24,468/yr
At $2,039/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.0% YoY, +0.6% MoM), not inventory.
Rent check

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2021 vs 2026

How Saint Petersburg, FL has changed in 5 years

Rent
$1,437 → $2,039
up 41.9%

Five years ago, renters in Saint Petersburg, FL paid around $1,437 a month. That figure now sits near $2,039, up 41.9% 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 $2,039/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: October 17, 2026

The median rent in Saint Petersburg is $2,039/mo as of October 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 increased 3.0% over the past year.

FAQ

Frequently asked questions

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 $82,000/year (about $39/hour full-time) to afford the median rent of $2,039/mo in Saint Petersburg.

Is rent going up or down in Saint Petersburg?

Rent in Saint Petersburg has risen 3.0% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

Which Saint Petersburg neighborhoods have the lowest rent?

The most affordable ZIP codes in Saint Petersburg are 33716 ($1,712/mo), 33702 ($1,769/mo), and 33709 ($1,783/mo). Citywide, the median rent is $2,039/mo.

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

Saint Petersburg is in the middle among Florida cities for rent, ranking #168 of 289 tracked cities at $2,039/mo. Over the year to September 2026, rent in Saint Petersburg changed +3.0%, against a typical +1.8% across the 270 Florida cities Zillow tracks.
Income Affordability
34%
MODERATE

At $2,039/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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