Cheap Apartments for Rent in the Island Estate Neighborhood of Clearwater Beach, FL from $700 (56 Rentals)

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

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1235 Grove St, Unit B
$1,175
Total Monthly Price

Total Monthly Price

Base Rent
$1,175
Total Monthly Price
$1,175
1 Bedroom Apartment Available Aug 15

1235 Grove St, Unit B

1235 Grove StClearwater, FL 33755
Affordability
  • Smoke Free

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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1005 Plaza St, Unit Lower
$1,395
Total Monthly Price

Total Monthly Price

Base Rent
$1,395
Total Monthly Price
$1,395
2 Bedroom Apartment Available Now

1005 Plaza St, Unit Lower

1005 Plaza StClearwater, FL 33755
Affordability
property at 1216 S Missouri Ave

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

1 Bedroom, 1 Bath Condo for Rent

Available Now

1216 S Missouri Ave, Unit 428

1216 S Missouri Ave
ClearwaterFL33756

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 407 Engman St

$1,595 - $1,695

2 To 3 Bedroom Rentals

Available Now

407 Engman St

ClearwaterFL33755

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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
property at 801 Chestnut St

$1,116 - $1,210

Studio To 1 Bedroom Rentals

Available Aug 9

801 Chestnut St

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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1259 Franklin St
1 to 2 Bedroom Apartments

1259 Franklin St

1259 Franklin StClearwater, FL 33756
  • Utilities Included
  • Smoke Free
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514 S Betty Ln
1 to 2 Bedroom Apartments

514 S Betty Ln

514 S Betty LnClearwater, FL 33756
property at 255 Dolphin Point

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

Studio, 1 Bath Condo for Rent

Available Now

255 Dolphin Point, Unit 404

255 Dolphin Point
ClearwaterFL33767
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Clearwater Gardens
1 to 2 Bedroom Apartments

Clearwater Gardens

1260 Cleveland StClearwater, FL 33755

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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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 $1,095. The Indigo Apartments 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 Apartments1-Bedroom1BR,1BA$1,095
The Indigo ApartmentsStudio 2Studio,1BA$1,116
Palmetto on WestThe Evergreen2BR,1BA$1,195
Avanda Oaks-One Month Free!1BR1BR,1BA$1,195
1279 Santa Rosa St1 Bed, 1 bath1BR,1BA$1,195
Lexington Club2 Bedroom2BR,1BA$1,244
Lindru Gardens1 Bedroom 1 Bath1BR,1BA$1,279
Terraces at Clearwater BeachTwo Bedroom2BR,1BA$1,327

Best Value Apartments for Rent in Island Estate, FL

As of August 08, 2026 the best value apartment in the Island Estate area is the $1.80 price per square foot 2 Beds, 1 Baths Model at 329 Albert St in the in the Downtown Dunedin neighborhood starting from $1,795. The second greatest value Island Estate apartment is the 2BR/1.0BA Model at 1280 Druid Road starting at $1,595 with a $1.60 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.
329 Albert St2 Beds, 1 Baths2BR,1BA$1.80
1280 Druid Road2BR/1.0BA2BR,1BA$1.60
Lexington Club2 Bedroom2BR,2BA$1.85
Palmetto on WestThe Evergreen2BR,1BA$1.49
514 S Betty Ln1 Beds, 1 Baths1BR,1BA$1.75
124 North Jefferson Avenue124 North Jefferson Avenue - 21BR,1BA$1.86
1005 Plaza St, Unit Lower1005 Plaza St2BR,1BA$1.86
Terraces at Clearwater BeachTwo Bedroom2BR,1BA$1.83
Lindru Gardens1 Bedroom 1 Bath1BR,1BA$1.78
810 Palm Bluff St, Unit 810 1/2 Palm Bluff810 Palm Bluff St1BR,1BA$1.79

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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

3.5
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 $1,327.

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 $1,095, while the average apartment in Island Estate costs $1,502.

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 55 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

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.