
Cheap Apartments for Rent in Grand Island, FL from $600 (58 Rentals)
Search the lowest-cost Apartments available for rent right now in Grand Island.


36010 Sand Rd

36116 Plum Ave

36047 Citrus Blvd

Lazy Oaks

The Parkview Apartments

Tanglewood Apartment Homes

Mount Dora Apartment Homes

Arbours at Silver Lake

Blueberry Hill
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Lake Point Senior Apartments

Windemere Villas A 55+ Community

Total Monthly Price
Cove at Lady Lake

Valencia Grove II

Valencia Grove

Rolling Acres Reserve

Saunders Lakefront Living

Arden Place

Lyn Terrace

Rolling Acres Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Total Monthly Price
Lakeside Retreat at 27

Parker at East Village

Total Monthly Price
Lake Sumter Reserve

Gardens on Griffin

Total Monthly Price
Lake Harris Cove

Oakleaf Village Apartments

Bristol Lakes Apartments

Spring Lake Cove Apartments

Southwinds Cove

Standard441 Luxury Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

16210 Wallace St

Evolve Grove Park

Integra Isles

Total Monthly Price
Club at Eustis

Total Monthly Price
Eudora Reserve

Atwater Apartments

Total Monthly Price
Coastal 42

Hammock Oaks

Carmendy Square Apartments

Bristol Park Apartments
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.

Total Monthly Price
Lake Saunders Reserve

11606 Huggins St

Silver Pointe at Leesburg

Cypress Oaks

1220 Morin St

The Courtyards

Laurel Oaks

34137 Radio Rd

910 S Center St

902 S Grove St
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.
Grand Island, FL Local Guide

How much does it cost to rent an apartment in Grand Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Grand Island Studio Apartments | $1,217 | $999 | $1,581 |
| Cheap Grand Island 1 Bedroom Apartments | $1,381 | $990 | $1,837 |
| Cheap Grand Island 2 Bedroom Apartments | $1,585 | $1,095 | $2,918 |
| Cheap Grand Island 3 Bedroom Apartments | $1,848 | $1,295 | $2,811 |
| Cheap Grand Island 4 Bedroom Apartments | $1,928 | $1,499 | $2,319 |
Browse Top Apartments in Grand Island
See all Apartments in Grand IslandExplore Grand Island
Grand Island, FL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Parkview Apartments | 1 Bed, 1 bath | 1BR,1BA | $995 |
| Arbours at Silver Lake | ONE BEDROOM | 1BR,1BA | $1,075 |
| Blueberry Hill | One Bed One Bath Standard | 1BR,1BA | $1,080 |
| Lake Sumter Apartment Homes | One Bedroom One Bath (b) | 1BR,1BA | $1,122 |
| Cove at Lady Lake | One Bedroom One Bath | 1BR,1BA | $1,149 |
| Tanglewood Apartment Homes | 1 Bedroom/1 Bath | 1BR,1BA | $1,175 |
| Mount Dora Apartment Homes | 1 Bed, 1 Bath | 1BR,1BA | $1,175 |
| Rolling Acres Reserve | Minimalist | Studio,1BA | $1,179 |
| Saunders Lakefront Living | Serenity (b) | Studio,1BA | $1,179 |
| Arden Place | One Bedroom | 1BR,1BA | $1,185 |
Best Value Apartments for Rent in Grand Island, FL
As of July 31, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lake Tavares Townhomes | Three Bedroom Townhome | 3BR,2.5BA | $1.07 |
| The Groves at Lake Ella | Palm | 3BR,2BA | $1.40 |
| Parker at East Village | C1 - 3 Bedroom, 2 Bathroom | 3BR,2BA | $1.27 |
| Laurel Oaks | 4 bedroom - 2 bathroom | 4BR,2BA | $1.32 |
| Rolling Acres Apartments | Three Bedroom Two Bath | 3BR,2BA | $1.17 |
| Spring Lake Cove Apartments | Three Bedroom Two Bath (b) | 3BR,2BA | $1.26 |
| Carmendy Square Apartments | Ashford | 2BR,1.5BA | $1.30 |
| Lakeside Retreat at 27 | Two Bedroom Two Bath | 2BR,2BA | $1.38 |
| Arbours at Silver Lake | ONE BEDROOM | 1BR,1BA | $1.29 |
| Cypress Oaks | 1 Bedroom/ 1 Bath | 1BR,1BA | $1.24 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Grand Island, FL Rentals by Map
See the most popular apartments and homes in Grand Island, FL
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 Rolling Acres Reserve listed at $1,179.
How much is rent for a Cheap One Bedroom Grand Island Apartment?
The lowest price for a Cheap One Bedroom Grand Island Apartment is $963 at Cypress Oaks.
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

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.