Updated November 3, 2026 · Local data: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates
St. Petersburg at a glance
Local notes: St. Petersburg
Pinellas County's largest city has a little of everything: historic bungalow neighborhoods like Old Northeast and Kenwood, downtown condo towers on the waterfront, and mid-century block ranches across the west and south sides.
Condos are a big part of the St. Petersburg market. Florida's post-Surfside condo safety laws require milestone structural inspections and fully funded structural reserves for many buildings. Review the association's reserve study, milestone reports and any special assessments before you buy or list.
Some of St. Petersburg's older homes sit in or near historic districts, where exterior changes may need extra review. Factor that into renovation and roof-replacement plans.
For waterfront property, add a seawall and dock evaluation to your inspections, and get a flood insurance quote early.
Housing stock in St. Petersburg
St. Petersburg has about 141,508 housing units. 59% are single-family homes and 26% are in buildings with 10 or more units, and 2% are mobile or manufactured homes. 70% of homes were built before 1980 and 14% were built in 2000 or later. The median resident is 43.1 years old.
Real-world check: homeowners here who have a mortgage pay a median $1,987/month in total owner costs, including mortgage, property tax, insurance, utilities and any HOA or condo fees.
What a typical St. Petersburg home costs per month
| Down payment | Cash down | Loan | Principal + interest* |
|---|---|---|---|
| 3.5% down | $12,988 | $358,112 | $2,264 |
| 10% down | $37,110 | $333,990 | $2,111 |
| 20% down | $74,220 | $296,880 | $1,876 |
*Illustration only, at a 6.5% 30-year fixed example rate. Rates change daily and depend on your credit and loan type. Taxes, insurance, HOA and mortgage insurance are extra and often significant in Florida. This is not a loan offer.
Rent vs. buy in St. Petersburg
The median gross rent in St. Petersburg is $1,663/month. Principal and interest alone on a 10%-down median home is about $2,111. Once you add Florida property insurance and taxes, buying usually costs noticeably more per month here than renting, so buyers are betting on equity and stability. See our rent-vs-buy comparison across Pinellas.
Insurance check before you offer
The median St. Petersburg home was built in 1969, before Florida's 2002 building code. Get an insurance quote during your inspection period, because roof age and a 4-point inspection can decide whether a home is insurable at a sensible price. Compare insurance in St. Petersburg.
St. Petersburg vs. similar communities
| Community | Median value | Median rent |
|---|---|---|
| St. Petersburg | $371,100 | $1,663 |
| Gulfport | $366,200 | $1,555 |
| Oldsmar | $380,300 | $1,427 |
| Clearwater | $361,300 | $1,658 |
| South Pasadena | $350,200 | $1,792 |
| Seminole | $348,500 | $1,708 |
How matching works
- Tell us what you need in St. Petersburg. It takes about a minute.
- We match you with one buyer's agent who serves St. Petersburg, so your number isn't sold to a list.
- They contact you, usually the same business day. No obligation.
Frequently asked questions
How much do I need to buy a home in St. Petersburg?
On a $371,100 median home, 3.5% down is about $12,989 and 20% down is about $74,220, plus closing costs. Buyers pay Florida's mortgage doc stamps (about $1,169 on a 90% loan) and the intangible tax (about $668).
Does it cost me anything to use TheBayPros?
No. Matching is free for home buyers and sellers.