
Cheap Apartments for Rent in the Island Estate Neighborhood of Clearwater Beach, FL from $700 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Island Estate area of Clearwater Beach.


Lexington Club

Palmetto on West

135 N Martin Luther King Jr Ave

Lindru Gardens
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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.

1104 Grove St

Madison Point Senior Apartments
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Island Estate, Clearwater Beach, FL Local Guide
How much does it cost to rent an apartment in Island Estate?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Island Estate Studio Apartments | $1,095 | $1,095 | $1,095 |
| Island Estate 1 Bedroom Apartments | $1,569 | $1,173 | $5,613 |
| Island Estate 2 Bedroom Apartments | $1,728 | $1,221 | $7,464 |
| Island Estate 3 Bedroom Apartments | $3,046 | $1,412 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Island Estate Neighborhood of Clearwater Beach, FL.
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Island Estate, Clearwater Beach, FL Local Guide
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Cheapest Available Island Estate Apartments for Rent
 The cheapest available apartment rental in the Island Estate area of Clearwater Beach, FL is a Studio unit found at The Indigo priced from $1,095. Lexington Club has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,131. Here are the most affordable Island Estate apartments for rent in Clearwater Beach, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Indigo | Studio 3 | Studio,1BA | $1,095 |
| Lexington Club | 2 Bedroom | 2BR,2BA | $1,131 |
| Apache Trail Apartments | 1 Bedroom Den | 1BR,1BA | $1,195 |
| Palmetto on West | The Evergreen | 2BR,1BA | $1,221 |
| Lindru Gardens | 1 Bedroom 1 Bath | 1BR,1BA | $1,269 |
Best Value Apartments for Rent in Island Estate, FL
As of November 14, 2025 the best value apartment in the Island Estate area is the $2.45 price per square foot A1F Model at 1100 Apex in the in the Island Estate neighborhood starting from $2,235. The second greatest value Island Estate apartment is the 1021 Commodore St Model at 1021 Commodore St, Unit 1021 Commodore starting at $1,900 with a $2.20 price per square foot in the Beltrees Plaza neighborhood. Here is today’s list of the best values for Island Estate apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1100 Apex | A1F | 1BR,1BA | $2.45 |
| 1021 Commodore St, Unit 1021 Commodore | 1021 Commodore St | 2BR,1BA | $2.20 |
| Lexington Club | 2 Bedroom | 2BR,2BA | $1.39 |
| 309 Avanda Ct, Unit 2 | 309 Avanda Ct | 2BR,1.5BA | $1.94 |
| Palmetto on West | The Evergreen | 2BR,1BA | $1.53 |
| 700 N Hamilton Cres, Unit 1 | 700 N Hamilton Cres | 1BR,1BA | $2.24 |
| Terraces at Clearwater Beach | Two Bedroom | 2BR,1BA | $1.93 |
| Lindru Gardens | 1 Bedroom 1 Bath | 1BR,1BA | $1.76 |
| Mainstreet Apartments | The Lane | 1BR,1BA | $2.23 |
| Apache Trail Apartments | 1 Bedroom Den | 1BR,1BA | $2.32 |
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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Read ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleIsland Estate, Clearwater Beach, FL
Ranked #1
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 $1,714.
What is the price of a cheap apartment in Island Estate?
The cheapest apartment in Island Estate is The Indigo which is listed at $1,173, while the average apartment in Island Estate costs $1,575.
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 23 regular apartments in Island Estate that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.





