
Cheap Homes for Rent in Sanibel, FL from $1,500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Sanibel.


13437 Heald Ln
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.

5109 Flamingo Dr

3741 Citrus St
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.

20031 Sanibel View Cir
Sanibel, FL Local Guide

How much does it cost to rent a home in Sanibel?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Sanibel 2 Bedroom Homes for Rent | $3,418 | $1,575 | $6,000 |
Sanibel 3 Bedroom Homes for Rent | $6,254 | $1,900 | $10,000+ |
Sanibel 4 Bedroom Homes for Rent | $6,900 | $6,900 | $6,900 |
Browse Top Homes for Rent in Sanibel
Explore Sanibel
Sanibel, FL Local Guide
- Sanibel Neighborhoods
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Cheapest Neighborhoods for Apartments in Sanibel, FL
Pricing Updated: 08/29/2025Current 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:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
The Islands | $5,895 | $800 | 328 |
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 $1,105. The Cove at 47th in the Caloosahatchee neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,185. Here is today’s list of the most affordable Sanibel apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
10X Iona Lakes | A1 | 1BR,1BA | $1,105 |
The Cove at 47th | S1 | Studio,1BA | $1,185 |
Coral Waters Apartments | The Cove | 1BR,1BA | $1,199 |
Best Value Apartments for Rent in Sanibel, FL and Nearby
As of August 30, 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 B1 Model at The Palms at Cape Coral starting at $1,549 with a $1.37 price per square foot in the Hancock neighborhood. Here is today’s list of the best values for Sanibel apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Tuscany Villas Condos | Two Bedroom | 2BR,2BA | $1.18 |
The Palms at Cape Coral | B1 | 2BR,2BA | $1.37 |
San Carlos Apartments | B | 2BR,2BA | $1.41 |
Cabana Club South | Two Bed Two Bath Standard | 2BR,2BA | $1.44 |
Gemini Apartments* Save up to $500 | 2 Bedroom | 2BR,2BA | $1.37 |
Palms of Monterrey | Sterling | 1BR,1BA | $1.42 |
Lazy Heron Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.30 |
Coral Waters Apartments | 1 Bed/1 Bath | 1BR,1BA | $1.44 |
Lady Sara | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.37 |
Lady Sara II | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.37 |
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Pet Friendly LifestyleSanibel, FL
Ranked #173
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Sanibel
What type of rentals are currently available in Sanibel?
There are currently 65 Apartments for Rent in Sanibel, FL with pricing that ranges from $1,100 to $10,000. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sanibel ranging from $1,575 to $16,000.
What is the current price range for Rental Homes in Sanibel?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Sanibel ranges from $1,575 to $16,000 with an average monthly rent of $5,524.
How much are larger Three and Four Bedroom Rentals in Sanibel?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Sanibel range from $1,560 to $4,449, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $16,000. Four Bedroom Single-Family rentals are also available starting from $6,900 and Four Bedroom Apartments start at $1,820.
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.