Cheap Apartments for Rent in Sanibel, FL from $900 (30 Rentals)

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

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property at 16881 Davis Rd

16881 Davis Rd

Ft. MyersFL33908
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512 SE 43rd St
2 Bedroom Apartments

512 SE 43rd St

512 SE 43rd StCape Coral, FL 33904
  • Utilities Included
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1330 SW 47th Ter
2 Bedroom Apartments

1330 SW 47th Ter

1330 SW 47th TerCape Coral, FL 33914
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Sanibel, FL Local Guide

Cheapest Neighborhoods for Apartments in Sanibel, FL

Pricing Updated: 04/27/2025

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$2,400$850357

Cheapest Available Sanibel Apartments for Rent and Nearby

 

The cheapest available apartment rental in Sanibel, FL is a 1 Bed unit found at Lost Tree Apartments in the Cypress Lake Land neighborhood priced from $1,249. Lady Sara II in the Height's Produce neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,300. Here is today’s list of the most affordable Sanibel apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lost Tree Apartments1B/1B-A1BR,1BA$1,249
Lady Sara II2 Bedroom 2 Bathroom2BR,2BA$1,300
Coral Waters ApartmentsThe Cove1BR,1BA$1,324
10X Iona LakesA21BR,1BA$1,360
The Fountains at ForestwoodA11BR,1BA$1,385
Springs at Coral ShoresStudio Haven OverlookStudio,1BA$1,389
Marbella Apartments2 Beds, 1 Baths2BR,1BA$1,395
The Cove at 47thS1Studio,1BA$1,400
The Palms at Cape CoralA21BR,1BA$1,429
Palms of MonterreySterling1BR,1BA$1,435

Best Value Apartments for Rent in Sanibel, FL and Nearby

As of April 27, 2025 the best value apartment in the Sanibel area is the $1.48 price per square foot 2 Bed/2 Bath Model at Coral Waters Apartments in the in the River Hall neighborhood starting from $1,774. The second greatest value Sanibel apartment is the 2 Bedroom 2 Bath Model at Fountain Aire Apartments starting at $1,700 with a $1.42 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.
Coral Waters Apartments2 Bed/2 Bath2BR,2BA$1.48
Fountain Aire Apartments2 Bedroom 2 Bath2BR,2BA$1.42
ChannelsideEncinitas2BR,2BA$1.46
San Carlos ApartmentsB2BR,2BA$1.57
Palms of MonterreySiera2BR,1BA$1.45
Coral Cove3BR-1P3BR,2BA$1.51
Cabana Club SouthTwo Bed Two Bath Upgraded2BR,2BA$1.59
128 SE 12th Ter2 Bedroom 1 Den 2 Bathroom2BR,2BA$1.59
Lady Sara II2 Bedroom 2 Bathroom2BR,2BA$1.30
Lady Sara2 Bedroom 2 Bathroom2BR,2BA$1.50

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Pet Friendly Lifestyle
Sanibel, FL

Ranked #90

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 $1,389.

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

The lowest price for a Cheap One Bedroom Sanibel Apartment is $1,249 at Lost Tree Apartments.

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 $1,300 at Lady Sara II.

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 $1,550.

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.