Cheap Apartments for Rent in Grand Island, FL from $600 (45 Rentals)

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Search the lowest-cost Apartments available for rent right now in Grand Island.

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Sunlake Estates
2 to 3 Bedroom Apartments

Sunlake Estates

1045 Great Lakes BlvdGrand Island, FL 32735
Senior Living

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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Lake Harris Cove
Rent Specials
$1,089 - $1,899
Total Monthly Price

Total Monthly Price

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$1,089 - $1,899
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1 to 4 Bedroom Apartments Available Now

Lake Harris Cove

32511 Lake Harris Cove AveLeesburg, FL 34788
Affordability
  • Verified
  • Utilities Included
  • Low Income
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Cove at Lady Lake
Rent Specials
$1,149 - $1,665
Total Monthly Price

Total Monthly Price

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$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
Family Friendly
  • Verified
  • Utilities Included
  • Low Income

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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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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Club at Eustis
Rent Specials
$1,349 - $1,999
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Total Monthly Price

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$1,349 - $1,999
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1 to 4 Bedroom Apartments Available May 8

Club at Eustis

2750 David Walker DrEustis, FL 32726
  • Verified
  • Low Income
  • 3D Tour
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Eudora Reserve
Rent Specials
$1,374 - $1,949
Total Monthly Price

Total Monthly Price

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$1,374 - $1,949
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1 to 3 Bedroom Apartments Available Now

Eudora Reserve

2796 Spring Orchard AveMount Dora, FL 32757
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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
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Laurel Oaks
2 to 4 Bedroom Apartments

Laurel Oaks

2700 Laurel Hollow DrLeesburg, FL 34748
  • Utilities Included

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 1-45, Page 1 of 1

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. Arbours at Silver Lake in the Silver Lake Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,075. 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
Arbours at Silver LakeONE BEDROOM1BR,1BA$1,075
Saunders Lakefront LivingSerenity (b)1BR,1BA$1,078
Lake Harris CoveOne Bedroom One Bath (b)1BR,1BA$1,089
Windemere Villas A 55+ Community1BR/1BA1BR,1BA$1,095
Mount Dora Apartment Homes1 Bed, 1 Bath1BR,1BA$1,099
Lake Sumter Apartment HomesOne Bedroom One Bath (b)1BR,1BA$1,133
Rolling Acres ReserveMinimalistStudio,1BA$1,149
Cove at Lady LakeOne Bedroom One Bath1BR,1BA$1,149
Blueberry HillOne Bed One Bath Standard1BR,1BA$1,160

Best Value Apartments for Rent in Grand Island, FL

As of April 29, 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 $2,152 with a $1.40 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$1.40
Carmendy Square TownhomesThe Bentley3BR,2BA$1.21
Lakeside Retreat at 27Three Bedroom Two Bath3BR,2BA$1.35
Oakleaf Village ApartmentsThe Osprey w/Garage2BR,2BA$1.44
Eudora ReserveVilla - Two Bedroom Two Bath2BR,2BA$1.52
Bristol Park ApartmentsSerenity1BR,1BA$1.53
Laurel Oaks2bedroom/2bathroom2BR,2BA$1.18
Rolling Acres ApartmentsOne Bedroom One Bath1BR,1BA$1.53
Arbours at Silver LakeONE BEDROOM1BR,1BA$1.29

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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 Saunders Lakefront Living listed at $1,078.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.