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Saint Petersburg, FL Rental Market Overview
The city of St. Petersburg Florida is a popular one with renters for a number of reasons.
The latest statistics from the U.S. Census Bureau shows it is home to nearly 245,000 people, making it the fourth-largest city in Florida, and offers residents a considerable amount of employment and entertainment options.
The largest employers in St. Petersburg are the financial services and healthcare industries, with Raymond James Financial having its headquarters in the city. It is also home to a few hospitals, a small international airport and a mass transit system. Further, there are a number of colleges, both public and private, within city limits.
St. Petersburg also has a number of attractions, including an aquarium, a children's museum, a Museum of Fine Arts, a history museum, a Holocaust museum and the Salvador Dali Museum, which is home to the largest collection of the influential artist's work outside Europe. However, it has earned the most renown for its beaches, which are numerous and were ranked as the best in the nation by a number of publications in recent years.
The city also has a number of upscale shopping centers, including its downtown waterfront area.
Property Management Companies Can Greatly Assist St. Petersburg Property Owners
Because there are a large number of renters living in St. Petersburg, property owners are likely looking for a bit of help in managing their buildings.
Fortunately, there are numerous property management companies operating in the city, which can help in many areas, including collecting rent, interviewing prospective tenants to performing routine maintenance and making sure the day-to-day operations run efficiently.
St. Petersburg Rental Market at a Glance
The latest census showed that the number of multi-unit housing properties in St. Petersburg is greater than the statewide average, coming in at 36.1 percent.
The current median rental price is about $900, with the median two-bedroom apartment costing residents $950 per month.
Finding St. Petersburg Property Management Companies
Locating the right property management company for you is vital to ensuring your business is run smoothly and efficiently.
Sign up with All Property Management to choose from St. Petersburg's top property management companies. Just type your zip code into our search engine and you'll discover a variety of management firms in St. Petersburg to receive free quotes from.