Cheap Homes for Rent in Grand Island, FL from $900 (9 Rentals)

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

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.

property at 195 Mae St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 Bedroom, 1 Bath Home for Rent

Available Now

195 Mae St

EustisFL32726

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

Cheapest Available Grand Island Apartments for Rent

 

The cheapest available apartment rental in Grand Island, FL is a 1 Bed unit found at Silver Pointe at Leesburg in the Chelsea's Run neighborhood priced from $947. 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
Silver Pointe at Leesburg1 bedroom1BR,1BA$947
The Parkview Apartments1 Bed, 1 bath1BR,1BA$995
Blueberry HillOne Bed One Bath Standard1BR,1BA$1,045

Best Value Apartments for Rent in Grand Island, FL

As of July 08, 2026 the best value apartment in the Grand Island area is the $0.80 price per square foot 4BR/3.0BA Model at Lazy Oaks in the in the Chelsea's Run neighborhood starting from $1,990. The second greatest value Grand Island apartment is the Three Bedroom Townhome Model at Lake Tavares Townhomes starting at $2,295 with a $1.07 price per square foot in the Inwood Heights 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.
Lazy Oaks4BR/3.0BA4BR,3BA$0.80
Lake Tavares TownhomesThree Bedroom Townhome3BR,2.5BA$1.07
The Groves at Lake EllaPalm3BR,2BA$1.40
Club at EustisFour Bedroom Three Bath4BR,3BA$1.37
Harbor VistaThree Bedroom Two Bath3BR,2BA$1.36
Rolling Acres ApartmentsThree Bedroom Two Bath3BR,2BA$1.17
Spring Lake Cove ApartmentsThree Bedroom Two Bath (b)3BR,2BA$1.28
Carmendy Square ApartmentsAshford2BR,1.5BA$1.32
Arbours at Silver LakeONE BEDROOM1BR,1BA$1.29
Silver Pointe at Leesburg1 bedroom1BR,1BA$1.38

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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Quick 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.

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

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Frequently Asked Questions about Grand Island

What type of rentals are currently available in Grand Island?

There are currently 62 Apartments for Rent in Grand Island, FL with pricing that ranges from $995 to $2,803. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grand Island ranging from $999 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 $999 to $4,200 with an average monthly rent of $1,776.

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 $2,803, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,176 to $4,200. Four Bedroom Single-Family rentals are also available starting from $2,180 and Four Bedroom Apartments start at $1,599.

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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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.

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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.

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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.