Cheap Apartments for Rent in Grand Island, FL from $600 (36 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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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
Varies
1 to 4 Bedroom Apartments Available Now

Cove at Lady Lake

735 S Us-27 HwyLady Lake, FL 32159
Affordability
  • 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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Lake Harris Cove
Rent Specials
$1,219 - $1,945
Total Monthly Price

Total Monthly Price

Base Rent
$1,219 - $1,945
Total Monthly Price
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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
  • 3D Tour

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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Cypress Oaks
1 to 3 Bedroom Apartments

Cypress Oaks

336 Sandy Oaks CirLeesburg, FL 34748
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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

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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Showing Results 1-36, 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 Studio unit found at Lazy Oaks in the Chelsea's Run neighborhood priced from $890. The Parkview Apartments in the Inwood Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here is today’s list of the most affordable Grand Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lazy Oaks0BR/1.0BAStudio,1BA$890
The Parkview Apartments1 Bed, 1 bath1BR,1BA$995
Blueberry HillOne Bed One Bath Standard1BR,1BA$1,065
Arbours at Silver LakeONE BEDROOM1BR,1BA$1,075
Mount Dora Apartment Homes1 Bed, 1 Bath1BR,1BA$1,099
Saunders Lakefront LivingSerenityStudio,1BA$1,099
Lake Sumter Apartment HomesOne Bedroom One Bath (b)1BR,1BA$1,122
Cove at Lady LakeOne Bedroom One Bath1BR,1BA$1,149
Valencia GroveA11BR,1BA$1,173
Tanglewood Apartment Homes1 Bedroom/1 Bath1BR,1BA$1,175

Best Value Apartments for Rent in Grand Island, FL

As of June 16, 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
Laurel Oaks4 bedroom - 2 bathroom4BR,2BA$1.32
Rolling Acres ApartmentsThree Bedroom Two Bath3BR,2BA$1.24
Lakeside Retreat at 27Three Bedroom Two Bath3BR,2BA$1.35
Carmendy Square ApartmentsAshford2BR,1.5BA$1.28
Oakleaf Village ApartmentsThe Osprey w/Garage2BR,2BA$1.44
Arbours at Silver LakeONE BEDROOM1BR,1BA$1.29
Silver Pointe at Leesburg1 bedroom1BR,1BA$1.38
Lazy Oaks0BR/1.0BAStudio ,1BA$1.48

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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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 Lazy Oaks listed at $890.

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

The lowest price for a Cheap One Bedroom Grand Island Apartment is $947 at Silver Pointe at Leesburg.

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 $1,050 at Silver Pointe at Leesburg.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.