ST. PETERSBURG, Fla. — The city of St. Petersburg is one step closer to reaching its goal of 9,000 affordable housing units available to residents by 2030 with the grand opening of Bayou Court Apartments.

What You Need To Know

  • A brand new apartment complex in South St. Pete offers apartments under current market value for people who are essential city and county employees, and teachers with the Pinellas School District

  • All the apartments are two-bedroom, two-bath and rent for rates that are affordable for moderate to low-wage workers based on the area’s median income

  • Mayor Ken Welch credits a partnership between the city and county, and developer, for making this complex possible

The brand new apartment complex in south St. Pete offers apartments under current market value for people who are essential city and county employees, and teachers with the Pinellas School District.  

St. Petersburg Mayor Ken Welch cut the ribbon at the grand opening ceremony on Wednesday, along with other city and county leaders, and the developer of the complex, Gravel Road Partners.

“Bayou Court is 60 units, all of these units are identical, they’re all two-bedroom, two-bath,” said Tyler Herbert, a founding partner of Gravel Road Partners.

Spectrum Bay News 9/Fallon Silcox


Welch credits the partnership between the city and county, and developer, for making this complex possible.

“This took a combination of the county putting in $2.8 million, and the city putting in a like amount, and a private developer making the decision to not try to maximize profits here," Welch said. "They intentionally made this affordable, knowing in our city we need affordable housing for our teachers, our cops, the folks who work for the city and others who make our city work."

All the apartments are two-bedroom, two-bath and rent for rates that are affordable for moderate to low-wage workers based on the area’s median income.

Bayou Court is 60 units. (Spectrum Bay News 9/Roger Johnson)


Welch toured one of the models himself.

“It’s beautiful, sustainable, it’s housing that any of us would be comfortable living in or having our loved ones live in," he said.

The mayor said this is just the beginning — you can expect to see a lot more affordable housing being built here in St. Pete in the near future. 

They have already leased 21 units at Bayou Court Apartments. There are 60 units total with a designated number of units for several different income ranges, all based on the area’s median income.

Annual household income cannot exceed 120% Area Median Income (AMI):

Household Size  

50% Income Limit 

80% Income Limit 

120% Income Limit 

1 Person

$36,500

$58,450

$87,600

2 Persons

$41,700

$66,800

$100,080

3 Persons

$46,950

$75,150

$112,680

4 Persons

$52,150

$83,450

$125,160

5 Persons

$56,350

$90,150

$135,240