Cheap Apartments for Rent near Island Grove, FL from $500 (48 Rentals)

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Search the lowest-cost Apartments available for rent right now in Island Grove.

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.

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Fort King Manor
Rent Specials
$1,100 - $1,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,300
Total Monthly Price
$1,100 - $1,300
1 to 2 Bedroom Apartments Available Now

Fort King Manor

926 E Fort King StOcala, FL 34471
Student Housing
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  • Utilities Included
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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.

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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.

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Windsor Tower Apartments
1 to 3 Bedroom Apartments

Windsor Tower Apartments

3902 E Silver Springs BlvdOcala, FL 34470
  • Utilities Included
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Sweetwater on 16th
Studio to 3 Bedroom Apartments

Sweetwater on 16th

205 SE 16th AveGainesville, FL 32601
  • Utilities Included
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Hamlet Cove
1 Bedroom Apartments

Hamlet Cove

3010 SW 23rd TerGainesville, FL 32608
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The Grande @ Gainesville
1 to 3 Bedroom Apartments

The Grande @ Gainesville

6315 SW 13th StGainesville, FL 32608
Student Housing
  • Utilities Included

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.

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Tivoli Gainesville
1 to 4 Bedroom Apartments

Tivoli Gainesville

2841 SW 13th StGainesville, FL 32608
  • Utilities Included

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.

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Showing Results 1-48, Page 1 of 1

Island Grove, FL Local Guide

Cheapest Available Island Grove Apartments for Rent and Nearby

 

The cheapest available apartment rental in Island Grove, FL is a 1 Bed unit found at Berkeley Pointe in the Northeast Ocala neighborhood priced from $536. The Village Apartments in the Fore Ranch Brighton neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Island Grove apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Berkeley PointeAsh1BR,1BA$536
The Village Apartments1 Bed, 1 bath1BR,1BA$550
Hideaway Gainesville3B3BP-33BR,3BA$709
Oakbrook WalkHideaway- Classic 2 bedroom, 2 bath2BR,2BA$739
Verdant Cove3 Bedroom 2 Bath3BR,2BA$799
Tiger Bay2 Bedroom 2 Bath2BR,2BA$799
The Commons1 Bedroom Apartments Starting at $899!1BR,1BA$899
Woodland Bend Apartments2 Bedroom2BR,1BA$975
Landfair Homes2 Bed 2 Bath (60%)2BR,2BA$980
Forest Edge Apartments1/1 part reno no W/D SPECIAL1BR,1BA$995

Best Value Apartments for Rent in Island Grove, FL and Nearby

As of July 29, 2026 the best value apartment in the Island Grove area is the $0.72 price per square foot 2 Bed | 2 Bath Model at Hideaway Gainesville in the in the Phoenix neighborhood starting from $769. The second greatest value Island Grove apartment is the 2 Beds 2 Bath Model at Orangeview starting at $1,300 with a $1.30 price per square foot in the Northeast Ocala neighborhood. Here is today’s list of the best values for Island Grove apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hideaway Gainesville2 Bed | 2 Bath2BR,2BA$0.72
Orangeview2 Beds 2 Bath2BR,2BA$1.30
Fort King ManorTwo Bedroom2BR,1BA$1.31
Tiger Bay2 Bedroom 2 Bath2BR,2BA$0.81
Oakbrook WalkOasis- BRAND NEW 2 bedroom, 2 bath2BR,2BA$0.97
Woodland Bend Apartments2 Bedroom2BR,1BA$1.03
Landfair Homes2 Bed 2 Bath (60%)2BR,2BA$1.09
Sterling Pointe ApartmentsQuad2BR,1BA$1.20
Treehouse VillageTwo Bedroom2BR,2BA$1.21
Berkeley PointeElm2BR,1.5BA$1.31

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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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!

Explore Island Grove, FL Rentals by Map

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See the most popular apartments and homes in Island Grove, FL

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Frequently Asked Questions about Cheap Island Grove Apartments

How much is rent for a Cheap One Bedroom Island Grove Apartment?

The lowest price for a Cheap One Bedroom Island Grove Apartment is $536 at Berkeley Pointe.

What is the lowest price for a Cheap Two Bedroom Island Grove Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Island Grove is starting from $625 at The Village Apartments.

What is the most affordable Island Grove Three Bedroom Apartment?

The best deal on a cheap Island Grove Three Bedroom Apartment rental is at Hideaway Gainesville and starts from $709.

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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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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.