Cheap Apartments for Rent in the Island Estate Neighborhood of Clearwater Beach, FL from $700 (55 Rentals)

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

property at 606 S Betty Ln

$1,295

1 Bedroom, 1 Bath Home for Rent

Available Now

606 S Betty Ln

ClearwaterFL33756

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 1244 Woodlawn Ter

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

1 Bedroom, 1 Bath Home for Rent

Available Now

1244 Woodlawn Ter

ClearwaterFL33755
property at 1233 Grove St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350
Total Monthly Price
$1,350

1 Bedroom, 1 Bath Home for Rent

Available May 1

1233 Grove St

ClearwaterFL33755
property at 1216 S Missouri Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

1 Bedroom, 1 Bath Condo for Rent

Available Now

1216 S Missouri Ave, Unit 312, Unit 312

1216 S Missouri Ave
ClearwaterFL33756

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 412 Pleasant St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700

2 Bedroom, 1 Bath Home for Rent

Available May 1

412 Pleasant St

ClearwaterFL33755
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Santa Rosa Apartments
1 to 3 Bedroom Apartments

Santa Rosa Apartments

1270 Santa Rosa StClearwater, FL 33756
  • Utilities Included

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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Jefferson
1 to 3 Bedroom Apartments

Jefferson

121 N Jefferson AveClearwater, FL 33755
  • Utilities Included
property at 200 N Betty Ln

$1,200 - $1,350

1 To 2 Bedroom Rentals

Available Now

200 N Betty Ln

ClearwaterFL33755

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.

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1259 Franklin St
1 to 2 Bedroom Apartments

1259 Franklin St

1259 Franklin StClearwater, FL 33756
  • Utilities Included
  • Smoke Free
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Clearwater Gardens
1 to 2 Bedroom Apartments

Clearwater Gardens

1260 Cleveland StClearwater, FL 33755
property at 880 Mandalay Ave

$1,595 - $4,995

Studio To 2 Bedroom Rentals

Available Now

880 Mandalay Ave

ClearwaterFL33767

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.

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Showing Results 1-50, Page 1 of 2

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 1 Bed unit found at Apache Trail Apartments priced from $1,000. The Indigo has the second lowest priced unit, which is a Studio apartment currently listed from $1,116. Here are the most affordable Island Estate apartments for rent in Clearwater Beach, FL:

Apartment ListingModel NameBed/BathPriced From
Apache Trail ApartmentsStudio1BR,1BA$1,000
The IndigoStudio 3Studio,1BA$1,116
Palmetto on WestThe Evergreen2BR,1BA$1,195
Lindru Gardens1 Bedroom 1 Bath1BR,1BA$1,269
Terraces at Clearwater BeachTwo Bedroom2BR,1BA$1,289
1279 Santa Rosa St1 Bed, 1 bath1BR,1BA$1,295
Lexington Club2 Bedroom2BR,1BA$1,366
Avanda Oaks2 BR2BR,1BA$1,400
The Nolen Luxury ApartmentsHipster1BR,1BA$1,595
1100 ApexA1E1BR,1BA$1,875

Best Value Apartments for Rent in Island Estate, FL

As of April 26, 2026 the best value apartment in the Island Estate area is the $1.64 price per square foot The Mainstreet Model at Mainstreet Apartments in the in the Downtown Largo neighborhood starting from $2,470. The second greatest value Island Estate apartment is the Innovator Model at The Nolen Luxury Apartments starting at $2,595 with a $3.13 price per square foot in the Island Estate 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.
Mainstreet ApartmentsThe Mainstreet3BR,2BA$1.64
The Nolen Luxury ApartmentsInnovator1BR,1BA$3.13
Palmetto on WestThe Evergreen2BR,1BA$1.49
Lexington Club2 Bedroom2BR,1BA$1.79
1100 ApexA1E1BR,1BA$2.48
Terraces at Clearwater BeachTwo Bedroom2BR,1BA$1.78
Lindru Gardens1 Bedroom 1 Bath1BR,1BA$1.76
5:30 O Clock-Brand New Luxury Apartments1/1 Cozy w Kitchenette1BR,1BA$4.75
Apache Trail ApartmentsStudio1BR,1BA$2.86
The IndigoStudio 1Studio ,1BA$3.32

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Island Estate, Clearwater Beach, FL

Ranked #1

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
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 $1,875.

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

The cheapest apartment in Island Estate is Apache Trail Apartments which is listed at $1,000, while the average apartment in Island Estate costs $1,695.

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 27 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 $1,040 which is $655 cheaper than the average rent for all rentals in Island Estate.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.