38045 Bluebird Cir
LeesburgFL34788
Cheap Homes for Rent in Grand Island, FL from $600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Grand Island.
36010 Sand Rd
Grand IslandFL32735
77 Wildwood Ln
EustisFL32726
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.
16222 Wallace St
UmatillaFL32784
16212 Wallace St
UmatillaFL32784
13122 Grape Ave
Grand IslandFL32735
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.
36116 Plum Ave
Grand IslandFL32735
Showing Results 1-7, Page 1 of 1
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 | $1,490 | $1,197 | $1,700 |
| Grand Island 3 Bedroom Homes for Rent | $1,791 | $1,299 | $2,395 |
| Grand Island 4 Bedroom Homes for Rent | $2,385 | $2,385 | $2,385 |
| Grand Island 5 Bedroom Homes for Rent | $2,252 | $2,135 | $2,370 |
Browse Top Homes for Rent in Grand Island
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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 The Parkview Apartments in the Inwood Heights neighborhood priced from $995. Tanglewood Apartment Homes in the Inwood Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,049. 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 |
| Tanglewood Apartment Homes | 1 Bedroom/1 Bath | 1BR,1BA | $1,049 |
| Valencia Grove | A1 | 1BR,1BA | $1,065 |
Best Value Apartments for Rent in Grand Island, FL
As of May 23, 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 |
| Club at Eustis | Three Bedroom Two Bath | 3BR,2BA | $1.45 |
| Lakeside Retreat at 27 | Three Bedroom Two Bath | 3BR,2BA | $1.35 |
| Carmendy Square Apartments | Ashford | 2BR,1.5BA | $1.22 |
| Oakleaf Village Apartments | The Osprey w/Garage | 2BR,2BA | $1.44 |
| Bristol Park Apartments | Serenity | 1BR,1BA | $1.53 |
| Laurel Oaks | 2bedroom/2bathroom | 2BR,2BA | $1.18 |
| Rolling Acres Apartments | The Ashton | 1BR,1BA | $1.52 |
| Arbours at Silver Lake | ONE BEDROOM | 1BR,1BA | $1.29 |
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 Article
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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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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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 60 Apartments for Rent in Grand Island, FL with pricing that ranges from $947 to $2,735. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grand Island ranging from $650 to $2,395.
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 $650 to $2,395 with an average monthly rent of $1,786.
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 $2,735, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,299 to $2,395. Four Bedroom Single-Family rentals are also available starting from $2,385 and Four Bedroom Apartments start at $1,612.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
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.
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.
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.