Crescent Lake

Saint Petersburg, FL

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Crescent Lake - Saint Petersburg, FL

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Delight in this enchanting neighborhood’s Old Florida charm

Tropical Lush Scenic Historic Charming Eclectic

Situated just one mile north of Downtown Saint Petersburg, Crescent Lake is a charming neighborhood with distinctive landmarks such as a 1920s-era water tower repainted as a giant salt water aquarium and the 56-acre Crescent Lake Park. The neighborhood actually centers on Crescent Lake Park, which boasts scenic lakeside and wildlife views, tennis courts, playgrounds, a historic baseball field, and a paved pathway along the perimeter of the park.

While Crescent Lake is predominantly residential, it is also convenient to a host of shops, restaurants, and bars situated along 4th Street. Many of the local businesses tout vintage signs, contributing to the neighborhood’s eclectic Old Florida feel. Crescent Lake is adjacent to the beautiful Sunken Gardens and just minutes away from Vinoy Park, Jannus Live, and the Dali Museum.

Rent Trends

As of March 2025, the average apartment rent in Crescent Lake is $957 for a studio, $1,083 for one bedroom, $779 for two bedrooms, and $942 for three bedrooms. Apartment rent in Crescent Lake has increased by 0.7% in the past year.

  • Studio

  • 346 sq ft

    Average Sq Ft

  • $957/month

    Average Rent

  • 1 BR

  • 490 sq ft

    Average Sq Ft

  • $1,083/month

    Average Rent

  • 2 BR

  • 0 sq ft

    Average Sq Ft

  • $779/month

    Average Rent

  • 3 BR

  • 363 sq ft

    Average Sq Ft

  • $942/month

    Average Rent

Transportation

81

Very Walkable

out of 100 WalkScore® Rating

If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.

46

Some Transit

out of 100 TransitScore® Rating

You'll likely want a car when living in this area since it has few transit options.

73

Very Bikeable

out of 100 BikeScore® Rating

This area is very bikeable. You’ll find a variety of bike paths and lanes.

Points of Interest

Parks and Recreation

  • Great Explorations Children's Museum
  • Sunken Gardens
  • Boyd Hill Nature Preserve
  • Sawgrass Lake Park
  • Weedon Island Preserve

Commuter Rail

Airports

  • St Pete-Clearwater International
  • Tampa International

Top Apartments in Crescent Lake

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Property Management Companies

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.