Cheap Apartments for Rent in Sanibel, FL from $800 (54 Rentals)

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10X Iona Lakes
Rent Specials
$1,221 - $3,192
Total Monthly Price

Total Monthly Price

Base Rent
$1,221 - $3,192

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

10X Iona Lakes

15000 Iona Lakes DrFt. Myers, FL 33908
Affordability
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  • Customer Reviewed
  • 3D Tour

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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The Cove at 47th
Rent Specials
$1,294 - $2,529
Total Monthly Price

Total Monthly Price

Base Rent
$1,294 - $2,529

Total Monthly Price
$1,294 - $2,529
Studio to 3 Bedroom Apartments Available Now

The Cove at 47th

870 SE 47th TerCape Coral, FL 33904
Furnished
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  • Customer Reviewed
  • 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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Cabana Club South
Rent Specials
$1,450 - $1,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,450 - $1,600

Total Monthly Price
$1,450 - $1,600
2 Bedroom Apartments Available Now

Cabana Club South

4616 SW 8th PlCape Coral, FL 33914
Affordability
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The Hadley Apartments
Rent Specials
$1,469 - $2,874
Total Monthly Price

Total Monthly Price

Base Rent
$1,469 - $2,874

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Hadley Apartments

376 Penley Lake CirCape Coral, FL 33991
Corporate Housing
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Bimini Square Apartments
Rent Specials
$1,601 - $4,550
Total Monthly Price

Total Monthly Price

Base Rent
$1,601 - $4,550

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Bimini Square Apartments

440 Cape Coral Parkway EastCape Coral, FL 33904
Luxury
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  • Utilities Included
  • 3D Tour

Cash 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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Lazy Heron Apartments
1 to 2 Bedroom Apartments

Lazy Heron Apartments

3731 SE 9th PlCape Coral, FL 33904
  • Utilities Included
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Lady Sara II
2 Bedroom Apartments

Lady Sara II

4830 Lucaya DrCape Coral, FL 33904
  • Utilities Included
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Lady Sara
2 Bedroom Apartments

Lady Sara

3905 SE 15th PlCape Coral, FL 33904
  • Utilities Included
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11431 Char Ann Dr
1 to 2 Bedroom Apartments

11431 Char Ann Dr

11431 Char Ann DrFt. Myers, FL 33908
  • Utilities Included
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Midtown
1 to 2 Bedroom Apartments

Midtown

2310-2016 SW 17th PlCape Coral, FL 33991
property at 16881 Davis Rd

$1,295 - $1,600

1 To 2 Bedroom Rentals

Available Now

16881 Davis Rd

Ft. MyersFL33908
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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

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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1321 SE 8th Ave
2 Bedroom Apartments

1321 SE 8th Ave

1321 SE 8th AveCape Coral, FL 33990
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1330 SW 47th Ter
2 Bedroom Apartments

1330 SW 47th Ter

1330 SW 47th TerCape Coral, FL 33914
  • Utilities Included
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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
property at 4944 Porky Ln NW

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 2 Bath Home for Rent

Available Now

4944 Porky Ln NW

Saint James CityFL33956

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Sanibel, FL Local Guide

Cheapest Neighborhoods for Apartments in Sanibel, FL

Pricing Updated: 06/05/2026

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$10,925$875126

Cheapest Available Sanibel Apartments for Rent and Nearby

 

The cheapest available apartment rental in Sanibel, FL is a 2 Beds unit found at Civitas of Cape Coral in the Hancock neighborhood priced from $982. Lost Tree Apartments in the River Hall neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $999. Here is today’s list of the most affordable Sanibel apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Civitas of Cape Coral2x22BR,2BA$982
Lost Tree Apartments0B/ 1BStudio,1BA$999
Heronwood Apartments1 Bedroom 1 Bathroom1BR,1BA$1,099
Coral Waters Apartments1 Bed/1 Bath1BR,1BA$1,149
Fountains at ForestwoodA31BR,1BA$1,200
Bay HarborSt. John1BR,1BA$1,210
10X Iona LakesB12BR,1BA$1,221
Coral Harbor1 Bedroom1BR,1BA$1,250
Springs at Coral ShoresStudio Haven OverlookStudio,1BA$1,277
The Lakes At College PointeAmherst1BR,1BA$1,288

Best Value Apartments for Rent in Sanibel, FL and Nearby

As of June 05, 2026 the best value apartment in the Sanibel area is the $1.22 price per square foot Two Bedroom Model at Tuscany Villas Condos in the in the Pelican neighborhood starting from $1,795. The second greatest value Sanibel apartment is the E Model at Midtown starting at $1,881 with a $1.41 price per square foot in the Trafalgar 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$1.22
MidtownE2BR,2BA$1.41
Cabana Club SouthTwo Bed Two Bath Upgraded2BR,2BA$1.35
Cape West 91 Villa ApartmentsAtyla2BR,2BA$1.51
Gemini Apartments2 Bedroom2BR,2BA$1.46
Palms of MonterreySterling1BR,1BA$1.42
Coral Cove2BR-12BR,2BA$1.50
Coral Harbor1 Bedroom1BR,1BA$1.39
Coral Waters Apartments1 Bed/1 Bath1BR,1BA$1.33
10X Iona LakesA21BR,1BA$1.53

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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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 Lost Tree Apartments listed at $999.

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

The lowest price for a Cheap One Bedroom Sanibel Apartment is $1,071 at Civitas of Cape Coral.

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 $982 at Civitas of Cape Coral.

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 $1,450.

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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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.

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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.