The Most Affordable Neighborhoods in Downtown St Petersburg, St. Petersburg, FL by Home Value

 

Downtown St Petersburg, St. Petersburg, FL Map of Most Affordable Neighborhoods
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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 $493,806, higher than the St. Petersburg average of $277,576.

The average cost of rent is $1,463/mo in Downtown St Petersburg, primarily driven by the current value of real estate in the Downtown St Petersburg area. While nearly 46.10% of residents own their homes outright in Downtown St Petersburg, 69.46% rent.

Housing affordability isn’t just about home prices, though. The average household income in Downtown St Petersburg is $5,171 per month. Households that rent pay about 28.29% 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 western parts of the neighborhood.


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