Cheap Apartments for Rent in Grand Island, FL from $600 (26 Rentals)

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Sunlake Estates
2 to 3 Bedroom Apartments

Sunlake Estates

1045 Great Lakes BlvdGrand Island, FL 32735
Senior Living

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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Lake Harris Cove
Rent Specials
$1,123 - $1,899
Total Monthly Price

Total Monthly Price

Base Rent
$1,123 - $1,899

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1 to 4 Bedroom Apartments Available Now

Lake Harris Cove

32511 Lake Harris Cove AveLeesburg, FL 34788
Family Friendly
  • Verified
  • Utilities Included
  • Low Income

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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Cove at Lady Lake
Rent Specials
$1,149 - $1,665
Total Monthly Price

Total Monthly Price

Base Rent
$1,149 - $1,665

Total Monthly Price
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1 to 4 Bedroom Apartments Available Now

Cove at Lady Lake

735 S Us-27 HwyLady Lake, FL 32159
Luxury
  • Verified
  • Utilities Included
  • Low Income

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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Valencia Grove II
1 to 2 Bedroom Apartments

Valencia Grove II

2751 Dillard RdEustis, FL 32726
Senior Living
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The Courtyards
1 to 2 Bedroom Apartments

The Courtyards

345 N Dewey StEustis, FL 32726
Corporate Housing

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.

Grand Island, FL Local Guide

Cheapest Available Grand Island Apartments for Rent

 

The cheapest available apartment rental in Grand Island, FL is a 1 Bed unit found at The Parkview Apartments in the Inwood Heights neighborhood priced from $995. Tanglewood Apartment Homes in the Inwood Heights neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $999. Here is today’s list of the most affordable Grand Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Parkview Apartments1 Bed, 1 bath1BR,1BA$995
Tanglewood Apartment HomesStudioStudio,1BA$999
Lake Sumter Apartment HomesOne Bedroom One Bath (b)1BR,1BA$1,026
Silver Pointe at Leesburg1 bedroom1BR,1BA$1,047
Valencia Grove II1/1 Bedroom1BR,1BA$1,059
Arbours at Silver LakeONE BEDROOM1BR,1BA$1,075
Windemere Villas A 55+ Community1BR/1BA1BR,1BA$1,095
Mount Dora Apartment Homes1 Bed, 1 Bath1BR,1BA$1,099
Lake Harris CoveOne Bedroom One Bath (b)1BR,1BA$1,123
Saunders Lakefront LivingLagoon (b)1BR,1BA$1,136

Best Value Apartments for Rent in Grand Island, FL

As of March 14, 2026 the best value apartment in the Grand Island area is the $1.07 price per square foot Three Bedroom Townhome Model at Lake Tavares Townhomes in the in the Inwood Heights neighborhood starting from $2,295. The second greatest value Grand Island apartment is the Palm Model at The Groves at Lake Ella starting at $2,177 with a $1.42 price per square foot in the Chelsea's Run neighborhood. Here is today’s list of the best values for Grand Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lake Tavares TownhomesThree Bedroom Townhome3BR,2.5BA$1.07
The Groves at Lake EllaPalm3BR,2BA$1.42
Carmendy Square TownhomesThe Bentley3BR,2BA$1.24
Club at EustisThree Bedroom Two Bath3BR,2BA$1.44
Eudora ReserveThree Bedroom Two Bath3BR,2BA$1.52
Laurel Oaks2bedroom/2bathroom2BR,2BA$1.18
Oakleaf Village ApartmentsThe Egret1BR,1BA$1.40
Lake Saunders ReserveTranquil Waters2BR,1BA$1.54
Arbours at Silver LakeONE BEDROOM1BR,1BA$1.29
Silver Pointe at Leesburg1 bedroom1BR,1BA$1.53

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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Grand Island Apartments

What is the Cheapest Studio apartment in Grand Island?

Currently the most affordable Cheap Studio Apartment in Grand Island is at Tanglewood Apartment Homes listed at $999.

How much is rent for a Cheap One Bedroom Grand Island Apartment?

The lowest price for a Cheap One Bedroom Grand Island Apartment is $995 at The Parkview Apartments.

What is the lowest price for a Cheap Two Bedroom Grand Island Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Grand Island is starting from $1,095 at The Parkview Apartments.

What is the most affordable Grand Island Three Bedroom Apartment?

The best deal on a cheap Grand Island Three Bedroom Apartment rental is at The Parkview Apartments and starts from $1,295.

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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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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.