Apartments for Rent in Downtown St. Petersburg, St. Petersburg, FL

Downtown St. Petersburg, St. Petersburg apartment availability

Downtown St. Petersburg offers a strong selection of rental listings, with an average of 129 rentals available each month in 2024. The majority of rentals are 1-bedroom and 2-bedroom apartments, with a smaller number of studios and 3-bedroom apartments. Many of these apartments offer popular amenities, including in-unit laundry, which is available in 68% of rentals. Additionally, 58% of apartments are pet-friendly, making Downtown St. Petersburg a great option for renters with dogs. With its vibrant atmosphere and convenient amenities, Downtown St. Petersburg is a desirable neighborhood for renters.

Downtown St. Petersburg, St. Petersburg rental market trends

The Downtown St. Petersburg rental market experienced a slight decline in average rent prices, with a year-over-year decrease of 0.38% to $3,159 per month. Breaking it down by bed count, 1-bedrooms saw a modest 2.8% increase to $2,196 per month, while 2-bedrooms rose 5.2% to $4,124 per month. However, 3-bedrooms and studios experienced significant declines, with 3-bedrooms dropping 10.1% to $4,909 per month and studios decreasing 11.9% to $1,631 per month.

The market tends to fluctuate throughout the year, with March typically seeing the highest rent prices and September the lowest. In fact, rent prices in March are about 21.5% higher than in September. If you're looking for a new apartment, September may be a good time to find a deal. On the other hand, if you're looking to rent out a property, March is likely to be the most lucrative month.

Why Downtown St. Petersburg, St. Petersburg is a great place to live

Downtown St. Petersburg is a hub for renters who prioritize fitness and social living. According to 2024 data, apartments in the area often feature onsite gym equipment, fitness classes, and wellness programs, making it easy for residents to maintain an active lifestyle. Additionally, the neighborhood's high walk score, safety, and abundance of restaurants contribute to its vibrant social scene. With frequent transit options and well-designed street infrastructure, getting around and meeting up with friends is a breeze. For those seeking a balanced lifestyle, Downtown St. Petersburg is an excellent choice, offering a unique blend of fitness and social opportunities.