2026 Affordability Data
Most Affordable Neighborhoods in St. Petersburg - 2026 Data
The median home value in St. Petersburg is $310,000, 10% above nat'l avg. Median rent is $1,260/month. With an affordability index of 58, St. Petersburg is less affordable than the national baseline of 100. We ranked 6 neighborhoods by affordability to help you find the best value in the St. Petersburg, FL area.
Key Takeaways: Affordability in St. Petersburg
- 1The most affordable neighborhood in St. Petersburg is Kenwood, with a median home value of $193,000.
- 2St. Petersburg's median home value is $310,000, 10% above nat'l avg (national: $281,900).
- 3St. Petersburg's affordability index is 58 (baseline 100), making it less affordable than the national average.
- 4Median rent in St. Petersburg is $1,260/month, 8% above nat'l avg (national: $1,163/month).
- 5We analyzed 6 neighborhoods in St. Petersburg to find the most affordable areas based on home values, rent, and affordability index.
St. Petersburg Affordability Overview
Median Home Value
$310,000
10% above nat'l avg
Median Rent
$1,260/mo
8% above nat'l avg
Median Income
$54,830
26% below nat'l avg
Affordability Index
58
42% below nat'l avg
Most Affordable Neighborhoods in St. Petersburg (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | KenwoodSt. Petersburg, FL | $193,000 |
| 2 | Grand Central DistrictSt. Petersburg, FL | $145,800 |
| 3 | Old NortheastSt. Petersburg, FL | $366,700 |
| 4 | Snell IsleSt. Petersburg, FL | $784,000 |
| 5 | Shore AcresSt. Petersburg, FL | $784,000 |
| 6 | Downtown St. PeteSt. Petersburg, FL | $968,500 |
Detailed Neighborhood Profiles
Home Value: $193,000
Rent: $1,382/mo
Affordability: 113
Population: 3,122
Walk Score: 62/100
Home Value: $145,800
Rent: $1,268/mo
Affordability: 96
Population: 1,913
Walk Score: 63/100
Home Value: $366,700
Rent: $1,411/mo
Affordability: 65
Population: 1,698
Walk Score: 46/100
4
Home Value: $784,000
Rent: $1,842/mo
Affordability: 62
Population: 3,016
Walk Score: 14/100
5
Home Value: $784,000
Rent: $1,842/mo
Affordability: 62
Population: 3,016
Walk Score: 2/100
6
Home Value: $968,500
Rent: $1,555/mo
Affordability: 45
Population: 2,291
Walk Score: 99/100
Frequently Asked Questions About Affordability in St. Petersburg
What is the most affordable neighborhood in St. Petersburg, FL?▾
Based on 2026 data, Kenwood is the most affordable neighborhood in St. Petersburg with a median home value of $193,000. Kurby analyzed 6 neighborhoods in the St. Petersburg area to compile these rankings.
What is the median home price in St. Petersburg, FL?▾
The median home price in St. Petersburg is $310,000, which is 10% above nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is St. Petersburg affordable compared to the national average?▾
St. Petersburg has an affordability index of 58, which means housing is less affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in St. Petersburg, FL?▾
The median monthly rent in St. Petersburg is $1,260. This is 8% above nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in St. Petersburg?▾
The median household income in St. Petersburg is $54,830 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in St. Petersburg are below the national average home price?▾
2 out of 6 ranked neighborhoods in St. Petersburg have a median home value below the national average of $281,900. The most affordable is Kenwood at $193,000 (Source: Kurby, 2026).