Airbnb Islands For Less Than 200 Dollars? UPDATED November 2020. You don't have to be filthy rich to rent an island. In fact, there are dozens of Airbnb private island rentals available for under $200 a night! Here is a list of my 12 favorite cheap private island Airbnb rentals, plus a bonus list of another 27 if you want more options! Keep in mind that hosts can change their rental rates at any...