38026 Bluebird Cir
LeesburgFL34788
Cheap Homes for Rent in Grand Island, FL from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Grand Island.
36010 Sand Rd
Grand IslandFL32735
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$1,1251 Bedroom Apartments Available Now
1120 Northshore Dr
1120 Northshore DrEustis, FL 32726
348 S Central Ave
UmatillaFL32784
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.
16210 Wallace St
UmatillaFL32784
16222 Wallace St
UmatillaFL32784
195 Mae St
EustisFL32726
35229 Orange Grove Ln
LeesburgFL34788
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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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 | $1,416 | $1,150 | $1,650 |
| Grand Island 3 Bedroom Homes for Rent | $1,783 | $1,350 | $2,300 |
| Grand Island 4 Bedroom Homes for Rent | $2,243 | $2,045 | $2,645 |
| Grand Island 5 Bedroom Homes for Rent | $2,451 | $2,250 | $2,835 |
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 Studio unit found at Tanglewood Apartment Homes in the Inwood Heights neighborhood priced from $949. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tanglewood Apartment Homes | Studio | Studio,1BA | $949 |
| The Parkview Apartments | 1 Bed, 1 bath | 1BR,1BA | $995 |
| Mount Dora Apartment Homes | 1 Bed, 1 Bath | 1BR,1BA | $999 |
Best Value Apartments for Rent in Grand Island, FL
As of March 20, 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 Four Bedroom Three Bath Model at Harbor Vista starting at $1,999 with a $1.08 price per square foot in the Silver Lake Estates 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 |
| Harbor Vista | Four Bedroom Three Bath | 4BR,3BA | $1.08 |
| The Groves at Lake Ella | Palm | 3BR,2BA | $1.42 |
| Club at Eustis | Three Bedroom Two Bath | 3BR,2BA | $1.41 |
| Eudora Reserve | Three Bedroom Two Bath | 3BR,2BA | $1.52 |
| Carmendy Square Townhomes | The Ashford | 2BR,1.5BA | $1.12 |
| Oakleaf Village Apartments | The Osprey w/Garage | 2BR,2BA | $1.44 |
| Laurel Oaks | 2bedroom/2bathroom | 2BR,2BA | $1.18 |
| Arbours at Silver Lake | ONE BEDROOM | 1BR,1BA | $1.29 |
| Silver Pointe at Leesburg | 1 bedroom | 1BR,1BA | $1.53 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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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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 $875 to $2,611. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grand Island ranging from $650 to $2,835.
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 $2,835 with an average monthly rent of $1,794.
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 $1,236 to $2,611, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $2,300. Four Bedroom Single-Family rentals are also available starting from $2,045 and Four Bedroom Apartments start at $1,399.
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
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.