Cheap Apartments for Rent in Sanibel, FL from $1,000 (42 Rentals)

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

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Cape Southwest 97
1 to 3 Bedroom Apartments

Cape Southwest 97

4129 Agualinda BlvdCape Coral, FL 33914
Senior Living
  • Utilities Included
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224-230 SW 47th Terrace
1 to 2 Bedroom Apartments

224-230 SW 47th Terrace

224-230 SW 47th TerCape Coral, FL 33914
  • Utilities Included
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Cape Summit
1 to 2 Bedroom Apartments

Cape Summit

3321-3409 SW 8th PlCape Coral, FL 33914
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Midtown
1 to 2 Bedroom Apartments

Midtown

2310-2016 SW 17th PlCape Coral, FL 33991
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512 SE 43rd St
2 Bedroom Apartments

512 SE 43rd St

512 SE 43rd StCape Coral, FL 33904
Student Housing
  • Utilities Included
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Cypress West
2 Bedroom Apartments

Cypress West

6308 Panther LnFt. Myers, FL 33919
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1330 SW 47th Ter
Studio to 2 Bedroom Apartments

1330 SW 47th Ter

1330 SW 47th TerCape Coral, FL 33914
  • Utilities Included
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128 SE 12th Ter
2 Bedroom Apartments

128 SE 12th Ter

128 SE 12th TerCape Coral, FL 33990
  • Utilities Included
  • Smoke Free
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152 SW 47th Ter
2 Bedroom Apartments

152 SW 47th Ter

152 SW 47th TerCape Coral, FL 33914
Corporate Housing
Showing Results 1-42, Page 1 of 1

Sanibel, FL Local Guide

Cheapest Neighborhoods for Apartments in Sanibel, FL

Pricing Updated: 11/13/2025

Current apartment rentals in the Sanibel, FL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Sanibel Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
The Islands$5,000$999134
Middle Gulf Drive$7,750$2,3003
Periwinkle Way$7,750$2,3003
West Gulf Drive$9,500$9,0001

Cheapest Available Sanibel Apartments for Rent and Nearby

 

The cheapest available apartment rental in Sanibel, FL is a 1 Bed unit found at 10X Iona Lakes in the Majestic Palms neighborhood priced from $1,017. Springs at Coral Shores in the Burnt Store neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,148. Here is today’s list of the most affordable Sanibel apartments for rent:

Apartment ListingModel NameBed/BathPriced From
10X Iona LakesA11BR,1BA$1,017
Springs at Coral ShoresStudio Haven OverlookStudio,1BA$1,148
Coral Waters ApartmentsThe Inlet1BR,1BA$1,199
Lady Sara II2 Bedroom 2 Bathroom2BR,2BA$1,200
Lady Sara2 Bedroom 2 Bathroom2BR,2BA$1,200
Cape at Savona PointAruba1BR,1BA$1,242
Bay HarborSt. John1BR,1BA$1,245
Lost Tree Apartments1 Bedroom 1 Bathroom1BR,1BA$1,249
ChannelsideMonterey1BR,1BA$1,276
The Cove at 47thS1Studio,1BA$1,285

Best Value Apartments for Rent in Sanibel, FL and Nearby

As of November 13, 2025 the best value apartment in the Sanibel area is the $1.18 price per square foot Two Bedroom Model at Tuscany Villas Condos in the in the Pelican neighborhood starting from $1,745. The second greatest value Sanibel apartment is the 2 Bedroom 1.5 Bathroom Model at 1330 SW 47th Ter starting at $1,600 with a $1.45 price per square foot in the Pelican neighborhood. Here is today’s list of the best values for Sanibel apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tuscany Villas CondosTwo Bedroom2BR,2BA$1.18
1330 SW 47th Ter2 Bedroom 1.5 Bathroom2BR,1.5BA$1.45
Cabana Club SouthTwo Bed Two Bath Standard2BR,2BA$1.44
Palms of MonterreySterling1BR,1BA$1.44
Coral Cove2BR-22BR,2BA$1.47
Lazy Heron Apartments2 Bedroom 2 Bathroom2BR,2BA$1.30
Coral Waters Apartments1 Bed/1 Bath1BR,1BA$1.33
Lady Sara II2 Bedroom 2 Bathroom2BR,2BA$1.37
Lady Sara2 Bedroom 2 Bathroom2BR,2BA$1.37
ChannelsideNewport1BR,1BA$1.41

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Pet Friendly Lifestyle
Sanibel, FL

Ranked #224

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Sanibel, FL Rentals by Map

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See the most popular apartments and homes in Sanibel, FL

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Getting Around Sanibel, FL

Walk Score®

26 / 100

Car-Dependent

Most errands require a car

Bike Score®

80 / 100

Very Bikeable

Biking is convenient for most trips

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Sanibel Apartments

What is the Cheapest Studio apartment in Sanibel?

Currently the most affordable Cheap Studio Apartment in Sanibel is at Springs at Coral Shores listed at $1,163.

How much is rent for a Cheap One Bedroom Sanibel Apartment?

The lowest price for a Cheap One Bedroom Sanibel Apartment is $1,017 at 10X Iona Lakes.

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

Today's best deal for a Cheap Two Bedroom Apartment in Sanibel is starting from $1,200 at Lady Sara.

What is the most affordable Sanibel Three Bedroom Apartment?

The best deal on a cheap Sanibel Three Bedroom Apartment rental is at Cascades at Clear Lake Apartments and starts from $1,560.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.