Cheap Homes for Rent in Sanibel, FL from $1,200 (8 Rentals)

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

property at 16881 Davis Rd

$1,295 - $1,600

1 To 2 Bedroom Rentals

Available Now

16881 Davis Rd

Ft. MyersFL33908

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.

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

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.

Sanibel, FL Local Guide

Cheapest Neighborhoods for Apartments in Sanibel, FL

Pricing Updated: 06/06/2026

Current apartment rentals in the Sanibel, FL area range in price from $800 to $24,000 with an overall median price of $10,010. The three Sanibel neighborhoods with the lowest median rent pricing are The Islands at $800, West End at $3,450, and West Gulf Drive at $5,500. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Sanibel Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
The Islands$3,100$800118
West End$3,450$3,4501
West Gulf Drive$6,500$5,5002
Middle Gulf Drive$18,000$3,5002
East End Sanibel$19,000$10,0002

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

Best Value Apartments for Rent in Sanibel, FL and Nearby

As of June 06, 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
ChannelsideNewport1BR,1BA$1.43

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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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 72 Apartments for Rent in Sanibel, FL with pricing that ranges from $899 to $11,289. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sanibel ranging from $1,275 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 $1,275 to $20,000 with an average monthly rent of $6,552.

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 $7,314, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $18,200. Four Bedroom Single-Family rentals are also available starting from $7,650 and Four Bedroom Apartments start at $1,920.

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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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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.