Cheap Homes for Rent in Island Estate Neighborhood of Clearwater Beach, FL from $1,200 (24 Rentals)

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Search the lowest-cost Homes 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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property at 880 Mandalay Ave

880 Mandalay Ave

ClearwaterFL33767

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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property at 51 Island Way

51 Island Way

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 1-24, Page 1 of 1

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 Studio unit found at The Oasis priced from $899. Lexington Club has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,026. Here are the most affordable Island Estate apartments for rent in Clearwater Beach, FL:

Apartment ListingModel NameBed/BathPriced From
The OasisStudioStudio,1BA$899
Lexington Club2 Bedroom2BR,2BA$1,026
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 10, 2025 the best value apartment in the Island Estate area is the $1.38 price per square foot The Rise (B1) Model at Serenity Lane in the in the Coalition of Clearwater neighborhood starting from $1,625. The second greatest value Island Estate apartment is the 504 Engman St Model at 504 Engman St, Unit #B starting at $2,200 with a $2.19 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.
Serenity LaneThe Rise (B1)2BR,1.5BA$1.38
504 Engman St, Unit #B504 Engman St2BR,1BA$2.19
1259 Franklin StFranklin st2BR,1BA$1.66
Mainstreet ApartmentsThe Boulevard1BR,1BA$1.98
311 Avanda Ct, Unit 7311 Avanda Ct2BR,1.5BA$2.19
Palmetto on WestThe Evergreen2BR,1BA$1.53
Lexington Club2 Bedroom2BR,1BA$1.34
Terraces at Clearwater BeachTwo Bedroom2BR,1BA$1.93
Lindru Gardens1 Bedroom 1 Bath1BR,1BA$1.80
The Carlisle at DunedinA11BR,1BA$2.53

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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Frequently Asked Questions about Island Estate

What type of rentals are currently available in Island Estate?

There are currently 202 Apartments for Rent in Island Estate, FL with pricing that ranges from $999 to $6,810. There are also 102 Single Family Homes for rent, Condos, and Townhome rentals currently available in Island Estate ranging from $1,250 to $14,500.

What is the current price range for Rental Homes in Island Estate?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Island Estate ranges from $1,250 to $14,500 with an average monthly rent of $4,787.

How much are larger Three and Four Bedroom Rentals in Island Estate?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Island Estate range from $1,412 to $6,295, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,929 to $14,500. Four Bedroom Single-Family rentals are also available starting from $10,000 and Four Bedroom Apartments start at $3,749.

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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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.