14 W Herrick Dr
EustisFL32726
Cheap Homes for Rent in Grand Island, FL from $915 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Grand Island.
36010 Sand Rd
Grand IslandFL32735
1220 Morin St
EustisFL32726
36116 Plum Ave
Grand IslandFL32735
993 Foote St
EustisFL32726
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.
902 S Grove St
EustisFL32726
195 Mae St
EustisFL32726
35229 Orange Grove Ln
LeesburgFL34788
206 Osceola Ave
EustisFL32726
116 Highland Dr
LeesburgFL34788
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.
36047 Citrus Blvd
Grand IslandFL32735
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Grand Island, FL Local Guide
Ocala National Forest by Forest Service, USDA is licensed under CCO 1.0
How much does it cost to rent a home in Grand Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grand Island 2 Bedroom Homes for Rent | $1,371 | $1,200 | $1,550 |
| Grand Island 3 Bedroom Homes for Rent | $1,942 | $1,300 | $4,200 |
| Grand Island 4 Bedroom Homes for Rent | $2,378 | $1,760 | $2,900 |
| Grand Island 5 Bedroom Homes for Rent | $2,588 | $2,478 | $2,699 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 Cypress Oaks in the South of Main Street neighborhood priced from $963. Lazy Oaks in the Chelsea's Run neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $990. Here is today’s list of the most affordable Grand Island apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cypress Oaks | 1 Bedroom/ 1 Bath | 1BR,1BA | $963 |
| Lazy Oaks | 1BR/1.0BA | 1BR,1BA | $990 |
| The Parkview Apartments | 1 Bed, 1 bath | 1BR,1BA | $995 |
| Lake Sumter Apartment Homes | One Bedroom One Bath (b) | 1BR,1BA | $999 |
| Blueberry Hill | One Bed One Bath Standard | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in Grand Island, FL
As of August 22, 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 Magnolia Model at The Groves at Lake Ella starting at $2,125 with a $1.28 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 | Magnolia | 3BR,2BA | $1.28 |
| Rolling Acres Apartments | Three Bedroom Two Bath | 3BR,2BA | $1.17 |
| Carmendy Square Apartments | Ashford | 2BR,1.5BA | $1.27 |
| Laurel Oaks | 2 bedroom - 2 bathroom | 2BR,2BA | $1.18 |
| Lazy Oaks | 1BR/1.0BA | 1BR,1BA | $0.99 |
| Lakeside Retreat at 27 | Two Bedroom Two Bath | 2BR,2BA | $1.38 |
| Valencia Grove II | 2/2 Bedroom | 2BR,2BA | $1.43 |
| 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.
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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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See the most popular apartments and homes in Grand Island, FL
Frequently Asked Questions about Grand Island
What type of rentals are currently available in Grand Island?
There are currently 65 Apartments for Rent in Grand Island, FL with pricing that ranges from $990 to $2,918. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grand Island ranging from $915 to $4,200.
What is the current price range for Rental Homes in Grand Island?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Grand Island ranges from $915 to $4,200 with an average monthly rent of $1,902.
How much are larger Three and Four Bedroom Rentals in Grand Island?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Grand Island range from $1,295 to $2,811, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $4,200. Four Bedroom Single-Family rentals are also available starting from $1,760 and Four Bedroom Apartments start at $1,499.
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.
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.
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.