Welcome to the Apartment List March 2026 Rent Report for St. Petersburg, FL. Currently, the overall median rent in the city stands at $1,392, roughly the same as last month. Prices remain down 6.6% year-over-year. Read on to learn more about what’s been happening in the St. Petersburg rental market and how it compares to trends throughout the broader Tampa metro area and the nation as a whole.
National study of renter’s satisfaction with their cities and states
Apartment List has released Saint Petersburg’s results from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters nationwide, provides insight on what states and cities must do to meet the needs of the country’s 111 million renters.
"Saint Petersburg renters expressed general satisfaction with the city overall," according to Apartment List. "They gave most categories average and above average scores."
Key Findings in Saint Petersburg include the following:
Renters say:
For more information on the survey methodology and findings or to speak to one of our researchers, please contact our team at rentonomics@apartmentlist.com.
Artistic renaissance energizes Downtown St. Petersburg, where historic buildings and modern high-rises surround waterfront parks creating Florida's most walkable city center. The district centers around Central Avenue's vibrant restaurant scene and numerous museums including the world-class Dalí Museum and Museum of Fine Arts. Though rental rates have increased alongside the area's popularity, the walkable access to both cultural amenities and Tampa Bay waterfront creates compelling value compared to suburban alternatives requiring constant driving. The neighborhood's progressive atmosphere supports vibrant LGBTQ+ community and creative professionals seeking genuine urban experiences beyond typical Florida development patterns.
Architectural diversity defines Historic Old Northeast, where brick streets showcase homes spanning multiple eras from Mediterranean Revival to Craftsman. Though primarily owner-occupied, rental opportunities appear in divided historic homes and carriage houses. The neighborhood offers walking access to both waterfront parks and downtown shopping, though the premium location means rental rates rank among St. Petersburg's highest. Best suited for professionals and empty nesters who value historic character and walkability over maximum affordability.
True island living defines Isla Del Sol, where this waterfront community offers spectacular views of Boca Ciega Bay and the Gulf beyond. Rental condos typically include water views, private balconies, and resort-style amenities throughout the community. The neighborhood provides excellent access to both St. Pete Beach and shopping along Gulf Boulevard, though hurricane evacuation orders affect this zone during storm threats and rental availability remains limited in this primarily owner-occupied community.
