With cost of living below the national average, St. Petersburg is one of the most affordable mid-sized cities in the Southeast.
The median sales price in Pinellas County is $485,000 for a single family home and $290,000 for a condo or townhome. (Pinellas Realtor Organization, May 2024)
Snell Isle, Venetian Isles, Tanglewood, Shore Acres and Crisp Park, are some of St. Pete’s family-friendly waterfront communities.
To the south of downtown, you’ll find waterfront neighborhoods in Old SE, and the Pink Streets. A quick highway drive south takes you to Gulf/beach neighborhoods of Tierra Verde, Pasadena and St. Pete Beach.
St. Pete’s heart, from five blocks north and south of Central Avenue, is where you go for high-end condos and townhomes.
Ample grocery stores, convenient parking, and amenities like jogging paths and dog parks make it easy to work and live downtown.
There is a strong vision and directive to nurture disinvested St. Pete neighborhoods. The City of St. Petersburg has an active Housing Action Plan, and nonprofits like Habitat for Humanity of Pinellas and West Pasco Counties are hard at work.
Hundreds of vacant, distressed homes in targeted neighborhoods such as Childs Park, Midtown and South St. Pete are currently being rehabilitated and restored.
The rental market in St. Petersburg is thriving, with opportunities ranging from modern apartment complexes to single family homes.
Many rental communities feature shared in- and outdoor amenities to support the Florida lifestyle: pools, grills, and communal outdoor spaces. There is a rental option to suit every budget, and lifestyle throughout the city.