Low Income Apartments and Affordable Housing For Rent in Saint Petersburg, FL

Discover affordable housing in Saint Petersburg where there are 53+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

The Portland Apartments

300 8th Street North St, Saint Petersburg, Florida 33701

Duval Park

5025 Duval Circle, Saint Petersburg, Florida 33714

Peterborough Apartments

440 4th Ave N, Saint Petersburg, Florida 33701

540 Town Center

540 2nd Ave S, Saint Petersburg, Florida 33701

Rio Vista Village Apartments

200 78th Avenue North, Saint Petersburg, Florida 33702

Philip Benjamin Towers

250 58th Street North, Saint Petersburg, Florida 33710

Transfiguration Manor

4021 45th St N, Saint Petersburg, Florida 33714

Trinity House

5701 16th St S, Saint Petersburg, Florida 33705

Burlington Towers

1000 Burlington Ave N, Saint Petersburg, Florida 33705

Casa Santa Cruz

7825 54th Ave N, Saint Petersburg, Florida 33709

Palm Bayou Apartments

5046 First Street N., Saint Petersburg, Florida 33703

Saratoga Apartments

3475 32nd Ave North, Saint Petersburg, Florida 33713

The Shores Apartments

2605 31st St S, Saint Petersburg, Florida 33712

City Place Apartments

298 8th Street North, Saint Petersburg, Florida 33701

Greenview Manor

1212 Burlington Ave N, Saint Petersburg, Florida 33705

The Viridian Apartments

518 3rd Ave S, Saint Petersburg, Florida 33701

Boca Ciega Townhomes

3401 37th St S, Saint Petersburg, Florida 33711

Brookside Square Apartments

200-72nd Ave N, Saint Petersburg, Florida 33702

Wyngate

390 112th Ave N, Saint Petersburg, Florida 33716

John Knox Apartments

1035 Arlington Ave N, Saint Petersburg, Florida 33705

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Saint Petersburg, Florida
$35.06/hour
$23.06 (+192%) more than Florida minimum wage and $27.81 (+384%) more than the Federal minimum wage.
Learn More About Saint Petersburg, Florida Affordable Housing ↓

What HUD offices serve Saint Petersburg, Florida?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV), Homeownership, Emergency Housing Voucher (EHV) programs for Saint Petersburg, Florida.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Homeownership Voucher, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH) programs for Saint Petersburg, Florida.

Go to the Florida Public Housing and Low-Income Apartments Waiting Lists page for openings near Saint Petersburg.

How many renters live in Saint Petersburg, Florida?

The City of Saint Petersburg has 261,245 people living in 117,276 households.

There are 90,097 renters living in 46,902 renter households in this City. Renters make up 34.49 percent of the population living in Saint Petersburg.

What is the rental market like in Saint Petersburg, Florida?

There are an estimated 141,257 housing units in the Saint Petersburg area. Of these, 52,252 units are rental homes, making up 37 percent of the housing market. For every renter household in Saint Petersburg, Florida, there are 1 rental units.

What is the vacancy rate for rentals in Saint Petersburg?

The rental vacancy rate in Saint Petersburg is 9 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Saint Petersburg for each bedroom size?

Occupied Rental Units by Size in Saint Petersburg
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
5,249 15,468 18,480 6,679 1,026
Occupied Rental Units by Size in Saint Petersburg

A large number of apartments in Saint Petersburg have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Saint Petersburg are overburdened by housing costs?

Among renter households in this market, 55 percent have housing cost burden. Further, 28 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Saint Petersburg

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,449 to $2,888. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,449
One BR $1,562
Two BR $1,851
Three BR $2,367
Four BR $2,888
2024 Fair Market Rents in Saint Petersburg, Florida

How many units are rented at Fair Market Rent (FMR) in Saint Petersburg?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 3,675 70 percent
One BR 8,502 55 percent
Two BR 6,012 33 percent
Rental Units Below FMR in Saint Petersburg, Florida

How many affordable rental units are in Saint Petersburg?

There are a variety of federal affordable housing programs serving households in Saint Petersburg, Florida including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 1,587
Public Housing 115
Section 8 Project-Based Rental Assistance 1,286
Section 202 Supportive Housing for the Elderly 68
Section 811 Supportive Housing for Persons with Disabilities 163
Tracked Units by Federal Program in Saint Petersburg, Florida

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Saint Petersburg, Florida

Saint Petersburg features 3,033 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Saint Petersburg, Florida

There are 852 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Saint Petersburg.

Housing Choice Vouchers in Saint Petersburg, Florida

On average, Section 8 Housing Choice vouchers pay Saint Petersburg landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Saint Petersburg.

The maximum amount a voucher would pay on behalf of a low-income tenant in Saint Petersburg, Florida for a two-bedroom apartment is between $1,666 and $2,036.

Sourced from federal housing data and AffordableHousingOnline.com research.