Check Latest Mortgage Rates for St. Petersburg in April 2026
St. Petersburg is a significant urban market in Florida, the United States, with a median home price of approximately $370,000. Below you'll find the latest estimated mortgage rates for St. Petersburg, updated daily to reflect current lending conditions. Use these rates alongside our free calculators to estimate your monthly payment, compare loan types, and plan your home purchase or refinance with confidence.
St. Petersburg Mortgage Rates
Estimated rates as of 2026-04-04
| Product | Rate | APR | Points | Monthly / $100K |
|---|---|---|---|---|
| 30-Year Fixed | 6.64% | 6.76% | 0.7 | $641 |
| 15-Year Fixed | 5.89% | 5.99% | 0.5 | $838 |
| 5/1 ARM | 6.14% | 6.29% | 0.4 | $609 |
| FHA 30-Year | 6.34% | 6.52% | 0.3 | $622 |
| VA 30-Year | 6.04% | 6.12% | 0.0 | $602 |
| Jumbo 30-Year | 6.84% | 6.94% | 0.8 | $655 |
Rates shown are estimated averages based on current market conditions and may vary by lender, credit score, loan amount, and property type. Contact a licensed mortgage professional for personalized rate quotes.
St. Petersburg Mortgage Market Overview
The St. Petersburg housing market in Florida represents a well-established lending market in the United States. With a median home price of $370,000, buyers in St. Petersburg have access to a range of mortgage products from both national and local lenders.
St. Petersburg's housing market offers a balance of urban amenities and relatively competitive lending, with multiple banks, credit unions, and online lenders actively serving the area. Buyers typically find a healthy mix of conventional, FHA, and VA loan options at competitive rates.
When comparing mortgage rates in St. Petersburg, remember that your actual rate depends on several factors including your credit score, down payment amount, debt-to-income ratio, and the property type. Rates shown on this page reflect market-wide averages and may differ from the specific rate you're offered.
For the most accurate picture of your mortgage costs in St. Petersburg, Florida, we recommend using our free mortgage payment calculator alongside these rates. This combination gives you a realistic understanding of both the interest rate landscape and your actual monthly payment obligation.
Frequently Asked Questions About Mortgages in St. Petersburg
Mortgage rates in St. Petersburg, Florida are updated daily on this page. As of today, rates vary by loan type — for example, fixed-rate mortgages and adjustable-rate products will have different rates. Scroll up to our rate table for the most current figures. Remember that individual lender quotes may differ based on your credit profile and loan amount.
The choice between fixed and adjustable-rate mortgages in St. Petersburg depends on your plans. If you plan to stay in your St. Petersburg home for more than 7 years, a fixed-rate mortgage provides payment stability. If you expect to move or refinance within 5-7 years, an adjustable-rate mortgage (ARM) may offer a lower initial rate. Use our Fixed vs Adjustable Rate Calculator to compare both options with current St. Petersburg rates.
Closing costs in St. Petersburg, Florida typically range from 2% to 5% of the purchase price. On the median-priced home of $370,000, that's approximately $9,250 to $18,500. These costs include lender fees, title insurance, appraisal, property taxes, and government recording fees. Use our Closing Costs Estimator for a detailed breakdown specific to your situation.
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