
Cheap Homes for Rent in the Island Estate Neighborhood of Clearwater, FL from $1,400 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Island Estate area of Clearwater.


609 N Osceola Ave
Tampa's Best Affordable Neighborhoods
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51 Island Way

241 Skiff Point
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105 Island Way, Unit 131
Island Estate, Clearwater, FL Local Guide

How much does it cost to rent a home in Island Estate?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Island Estate 2 Bedroom Homes for Rent | $3,950 | $2,200 | $9,500 |
| Island Estate 3 Bedroom Homes for Rent | $11,333 | $5,500 | $10,000+ |
| Island Estate 4 Bedroom Homes for Rent | $15,000 | $10,000 | $10,000+ |
| Island Estate 5 Bedroom Homes for Rent | $14,475 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Island Estate Neighborhood of Clearwater, FL.
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Island Estate, Clearwater, FL Local Guide
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Best Value Homes for Rent in Island Estate, FL
As of September 18, 2026 the best value rental home in the Island Estate area is the $3.12 price per square foot 14 Somerset St Model at 14 Somerset St, Unit 5C in the Clearwater Beach neighborhood starting from $7,500. The second greatest value Island Estate rental home is the 920 N Osceola Ave Model at 920 N Osceola Ave, Unit 405 in the Island Estate neighborhood starting at $5,500 with a $3.07 price per square foot. Here is today’s list of the best values for Island Estate homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 14 Somerset St, Unit 5C | 14 Somerset St | 3BR, 4BA | $3.12 |
| 920 N Osceola Ave, Unit 405 | 920 N Osceola Ave | 2BR, 2BA | $3.07 |
| 450 S Gulfview Blvd, Unit 801 | 450 S Gulfview Blvd | 2BR, 2BA | $2.61 |
| 450 S Gulfview Blvd, Unit 408 | 450 S Gulfview Blvd | 2BR, 2BA | $2.95 |
| 105 Island Way, Unit 131 | 105 Island Way | 2BR, 2BA | $2.11 |
| 121 Island Way, Unit 334 | 121 Island Way | 2BR, 2BA | $2.29 |
| 333 Island Way, Unit 101 | 333 Island Way | 2BR, 2BA | $3.09 |
| 690 Island Way, Unit 208 | 690 Island Way | 1BR, 2BA | $2.53 |
| 51 Island Way, Unit 909 | 51 Island Way | 1BR, 1BA | $3.53 |
| 255 Dolphin Point, Unit 404 | 255 Dolphin Point | Studio, 1BA | $3.19 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleQuick Rent Budget Calculator
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Frequently Asked Questions about Island Estate
What type of rentals are currently available in Island Estate?
There are currently 63 Apartments for Rent in Island Estate, FL with pricing that ranges from $3,199 to $3,600. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Island Estate ranging from $1,400 to $20,000.
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 $1,400 to $20,000 with an average monthly rent of $6,368.
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

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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.