16881 Davis Rd
Ft. MyersFL33908
Cheap Homes for Rent in Sanibel, FL from $1,200 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Sanibel.
16805 Davis Rd
Ft. MyersFL33908
2722 SW 54th Terrace
Cape CoralFL33914
2880 Eighth Ave
Saint James CityFL33956
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.
2381 Oleander St
Saint James CityFL33956
16599 Davis Rd
Ft. MyersFL33908
16821 Sanibel Sunset Ct
Ft. MyersFL33908
13527 Siesta Pines Ct
Ft. MyersFL33908
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.
Showing Results 1-8, Page 1 of 1
Sanibel, FL Local Guide
Cedar Key Clams by Larry Hoffman is licensed under CC BY 2.0
How much does it cost to rent a home in Sanibel?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sanibel 2 Bedroom Homes for Rent | $4,946 | $1,399 | $10,000+ |
| Sanibel 3 Bedroom Homes for Rent | $6,532 | $3,450 | $10,000+ |
| Sanibel 4 Bedroom Homes for Rent | $10,380 | $1,870 | $10,000+ |
Browse Top Homes for Rent in Sanibel
Explore Sanibel
Sanibel, FL Local Guide
- Sanibel Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Sanibel, FL
Pricing Updated: 04/21/2026Current 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 | $1,929 | $800 | 160 |
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. 10X Iona Lakes in the Majestic Palms neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,160. Here is today’s list of the most affordable Sanibel apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Civitas of Cape Coral | 2x2 | 2BR,2BA | $982 |
| 10X Iona Lakes | A1 | 1BR,1BA | $1,160 |
| Coral Waters Apartments | The Inlet | 1BR,1BA | $1,174 |
Best Value Apartments for Rent in Sanibel, FL and Nearby
As of April 21, 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 B1 Model at The Palms at Cape Coral starting at $1,493 with a $1.32 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 | $1.22 |
| The Palms at Cape Coral | B1 | 2BR,2BA | $1.32 |
| Palms of Monterrey | Siera | 2BR,1BA | $1.38 |
| Cabana Club South | Two Bed Two Bath Upgraded | 2BR,2BA | $1.36 |
| Cape West 91 Villa Apartments | Atyla | 2BR,2BA | $1.51 |
| Coral Cove | 2BR-2 | 2BR,2BA | $1.35 |
| Coral Waters Apartments | 1 Bed/1 Bath | 1BR,1BA | $1.33 |
| Coral Harbor | 1 Bedroom | 1BR,1BA | $1.50 |
| Lost Tree Apartments | 2B/1B | 2BR,1BA | $1.56 |
| The Lakes At College Pointe | Amherst | 1BR,1BA | $1.56 |
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.
Read Article
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.
Read ArticleQuick Rent Budget Calculator
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.
Let everyone know!
Do you know the Sanibel area?
If you’re an expert on all things Sanibel, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Sanibel, FL Rentals by Map
See the most popular apartments and homes in Sanibel, FL
Frequently Asked Questions about Sanibel
What type of rentals are currently available in Sanibel?
There are currently 72 Apartments for Rent in Sanibel, FL with pricing that ranges from $899 to $6,570. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sanibel ranging from $1,295 to $20,000.
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 $1,295 to $20,000 with an average monthly rent of $5,788.
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 $1,373 to $6,570, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,450 to $18,200. Four Bedroom Single-Family rentals are also available starting from $1,870 and Four Bedroom Apartments start at $1,820.
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
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.