Affordable & Income-Based Housing in Saint Petersburg

Affordability in Saint Petersburg, FL

Saint Petersburg has 22 HUD-assisted properties with 1,516 total affordable units tracked on Lease Lantern. Renter cost data for this city is.

Safety

According to FBI Crime Data Explorer, the St. Petersburg Police Department reported a violent crime rate of 620 per 100,000 residents in 2024. Crime rates are not directly comparable across cities due to differences in reporting practices and local definitions.

Getting Around Saint Petersburg

The area around assisted properties in Saint Petersburg scores a 39 (Car-Dependent) for walkability, 32 (Some Transit) for transit, and 64 for biking, according to Walk Score. A personal vehicle or bicycle will be helpful for most daily trips, though some bus service is available.

School quality and assignments vary by address in Saint Petersburg. Renters should look up the schools assigned to a specific unit before signing a lease -- resources like the Pinellas County Schools district website or GreatSchools.org can help.

Cost and Affordability

Saint Petersburg's rental market has grown increasingly competitive, making income-restricted housing a critical resource for cost-burdened renters in the area. The 22 HUD-assisted and income-based properties listed on Lease Lantern account for 1,516 units across the city.

Rents at these properties are tied to program limits -- such as HUD income guidelines or Low-Income Housing Tax Credit (LIHTC) restrictions -- rather than the open market, which can mean significant savings compared to prevailing market rents in Saint Petersburg.

• Total income-restricted units: 1,516 across 22 properties
• Program types may include: HUD-assisted (Section 8), LIHTC, and other federally supported housing
• Eligibility is typically based on household income relative to the Area Median Income (AMI) set by HUD for the Saint Petersburg metro area

To find out if you qualify and what rent you might pay, contact individual properties directly -- income limits and rent amounts vary by program and unit type.

Flood and Environmental Exposure

Of the 22 HUD-assisted properties in Saint Petersburg, all 22 have been mapped for flood risk. Five of those properties fall within a high-risk flood zone -- a notable share given the city's coastal location. Renters considering these properties should ask landlords about flood insurance requirements and review FEMA flood maps for the specific address.