Cheap Apartments for Rent in the Island Estate Neighborhood of Clearwater Beach, FL from $700 (15 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Island Estate area of Clearwater Beach.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Santa Rosa Apartments
1 to 3 Bedroom Apartments

Santa Rosa Apartments

1270 Santa Rosa StClearwater, FL 33756
  • Utilities Included
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Jefferson
1 to 3 Bedroom Apartments

Jefferson

121 N Jefferson AveClearwater, FL 33755
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Island Estate, Clearwater Beach, FL Local Guide

Cheapest Available Island Estate Apartments for Rent

 

The cheapest available apartment rental in the Island Estate area of Clearwater Beach, FL is a 2 Beds unit found at Lexington Club priced from $1,026. Indigo has the second lowest priced unit, which is a Studio apartment currently listed from $1,063. Here are the most affordable Island Estate apartments for rent in Clearwater Beach, FL:

Apartment ListingModel NameBed/BathPriced From
Lexington Club2 Bedroom2BR,1BA$1,026
IndigoE1Studio,1BA$1,063
Palmetto on WestThe Evergreen2BR,1BA$1,221
Lindru Gardens1 Bedroom 1 Bath1BR,1BA$1,299
1259 Franklin StFranklin St1BR,1BA$1,395

Best Value Apartments for Rent in Island Estate, FL

As of June 22, 2025 the best value apartment in the Island Estate area is the $2.19 price per square foot 504 Engman St Model at 504 Engman St, Unit #B in the in the Island Estate neighborhood starting from $2,200. The second greatest value Island Estate apartment is the Franklin st Model at 1259 Franklin St starting at $1,495 with a $1.66 price per square foot in the Coalition of Clearwater neighborhood. Here is today’s list of the best values for Island Estate apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
504 Engman St, Unit #B504 Engman St2BR,1BA$2.19
1259 Franklin StFranklin st2BR,1BA$1.66
Mainstreet ApartmentsThe Boulevard1BR,1BA$2.00
The NolenThe Innovator1BR,1BA$3.13
311 Avanda Ct, Unit 7311 Avanda Ct2BR,1.5BA$2.06
Palmetto on WestThe Evergreen2BR,1BA$1.53
Lexington Club2 Bedroom2BR,1BA$1.34
1100 APEX81BR,1BA$2.77
Terraces at Clearwater BeachTwo Bedroom2BR,1BA$1.93
Lindru Gardens1 Bedroom 1 Bath1BR,1BA$1.80

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Pet Friendly Lifestyle
Island Estate, Clearwater Beach, FL

Ranked #1

Among neighborhoods in Clearwater Beach, FL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Island Estate Apartments

What is a cheap apartment in Island Estate?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Island Estate is under $1,900.

What is the price of a cheap apartment in Island Estate?

The cheapest apartment in Island Estate is Indigo which is listed at $1,168, while the average apartment in Island Estate costs $3,014.

What types of apartments are the cheapest in Island Estate?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Island Estate that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Island Estate?

Cheap apartments in Island Estate have an average cost of $207 which is $2,807 cheaper than the average rent for all rentals in Island Estate.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.