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These days, finding an affordable place to live in the Downtown St Petersburg area can be challenging. Home prices in Downtown St Petersburg are now at a median cost of $731,498, higher than the St. Petersburg average of $431,991.
The average cost of rent is $1,869/mo in Downtown St Petersburg, primarily driven by the current value of real estate in the Downtown St Petersburg area. In Downtown St Petersburg, 70.74% of households rent, and 41.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Downtown St Petersburg is $5,768 per month. Households that rent pay about 32.40% of their income on rent here. Downtown St Petersburg’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Historic Uptown, St. Petersburg, FL: less expensive homes
- Methodist Town, St. Petersburg, FL: less expensive homes
- Historic Old Northeast, St. Petersburg, FL: higher priced homes
- Melrose Mercy, St. Petersburg, FL: less expensive homes
- Highland Oaks, St. Petersburg, FL: less expensive homes
- Euclid-St Paul, St. Petersburg, FL: less expensive homes
- Oakwood Gardens, St. Petersburg, FL: less expensive homes
- Coquina Key, St. Petersburg, FL: less expensive homes
- Northeast Park, St. Petersburg, FL: less expensive homes
- Harris Park, St. Petersburg, FL: less expensive homes
Neighborhoods with Similar Populations
- Twin Lakes, Denver, CO: less expensive homes
- Highview, Louisville, KY: less expensive homes
- Hillsdale, Portland, OR: equally priced homes
- Lake Marion Village, Poinciana, FL: less expensive homes
- Piper Glen Estates, Charlotte, NC: less expensive homes
- Quintana Community, San Antonio, TX: less expensive homes
- Rancho Sahuarita, Sahuarita, AZ: less expensive homes
- Regent, Madison, WI: less expensive homes
- Riverside, Jacksonville, FL: less expensive homes
- Rohnerville, Fortuna, CA: less expensive homes
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