1933 NW 4th Ave
GainesvilleFL32603
Cheap Apartments for Rent in the Palm Terrace Neighborhood of Gainesville, FL from $700 (2 Rentals)
Search the lowest-cost Apartments available for rent right now in the Palm Terrace area of Gainesville.
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.
close
View Me
Rent Specials
$895 - $2,5951 to 2 Bedroom Apartments Available Now
Camelot Apartments
3425 SW 2nd AveGainesville, FL 32607
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.
Showing Results 1-2, Page 1 of 1
Palm Terrace, Gainesville, FL Local Guide
How much does it cost to rent an apartment in Palm Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palm Terrace Studio Apartments | $1,880 | $949 | $2,812 |
| Palm Terrace 1 Bedroom Apartments | $1,222 | $805 | $2,100 |
| Palm Terrace 2 Bedroom Apartments | $1,469 | $1,149 | $3,400 |
| Palm Terrace 3 Bedroom Apartments | $1,532 | $1,366 | $1,649 |
| Palm Terrace 4 Bedroom Apartments | $6,403 | $6,403 | $6,403 |
Browse Apartments in this Neighborhood
There are currently 2 rentals with your search options within a 1 mile radius of the Palm Terrace Neighborhood of Gainesville, FL.
See all Apartments in GainesvilleExplore Gainesville
Let everyone know!
Do you know the Palm Terrace area?
If you’re an expert on all things Palm Terrace, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Value Apartments for Rent in Palm Terrace, FL
As of February 23, 2026 the best value apartment in the Palm Terrace area is the $1.73 price per square foot 2/2 Townhome Model at Camelot Apartments in the in the Suburban Heights neighborhood starting from $2,595. The second greatest value Palm Terrace apartment is the One Bedroom Model at Robert's Stadium Club starting at $1,900 with a $2.16 price per square foot in the Golfview neighborhood. Here is today’s list of the best values for Palm Terrace apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Camelot Apartments | 2/2 Townhome | 2BR,2BA | $1.73 |
| Robert's Stadium Club | One Bedroom | 1BR,1BA | $2.16 |
| The Ridge on 34th Avenue Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.51 |
| Mirabella | One Bedroom Standard | 1BR,1BA | $2.00 |
| College Park at Midtown | The Cade | Studio ,1BA | $2.71 |
Frequently Asked Questions about Cheap Palm Terrace Apartments
What is the price of a cheap apartment in Palm Terrace?
The cheapest apartment in Palm Terrace is Camelot Apartments which is listed at $895, while the average apartment in Palm Terrace costs $13,593.
What types of apartments are the cheapest in Palm Terrace?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 10 regular apartments in Palm Terrace that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.