
Cheap Apartments for Rent in the Palm Terrace Neighborhood of Gainesville, FL from $700 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Palm Terrace area of Gainesville.


The Ridge on 34th

Robert's Stadium Club
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 | $949 | $949 | $949 |
| Palm Terrace 1 Bedroom Apartments | $1,372 | $1,099 | $2,100 |
| Palm Terrace 2 Bedroom Apartments | $1,665 | $1,230 | $3,400 |
| Palm Terrace 3 Bedroom Apartments | $1,609 | $1,530 | $1,649 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 1 mile radius of the Palm Terrace Neighborhood of Gainesville, FL.
See all Apartments in GainesvilleExplore Gainesville
Palm Terrace, Gainesville, FL Local Guide
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Cheapest Available Palm Terrace Apartments for Rent
 The cheapest available apartment rental in the Palm Terrace area of Gainesville, FL is a Studio unit found at College Park at Midtown priced from $949. Camelot Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,148. Here are the most affordable Palm Terrace apartments for rent in Gainesville, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| College Park at Midtown | The Cade | Studio,1BA | $949 |
| Camelot Apartments | 1/1 Village | 1BR,1BA | $1,148 |
| The Ridge on 34th | 2 Bedroom 1 Bathroom | 2BR,1BA | $1,230 |
Best Value Apartments for Rent in Palm Terrace, FL
As of November 06, 2025 the best value apartment in the Palm Terrace area is the $1.29 price per square foot 2 Bedroom 1 Bathroom Model at The Ridge on 34th in the in the Suburban Heights neighborhood starting from $1,230. 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. |
|---|---|---|---|
| The Ridge on 34th | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.29 |
| Robert's Stadium Club | One Bedroom | 1BR,1BA | $2.16 |
| Mirabella | One Bedroom Standard | 1BR,1BA | $2.04 |
| Camelot Apartments | 1/1 Village | 1BR,1BA | $2.09 |
| College Park at Midtown | The Cade | Studio ,1BA | $2.71 |
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Pet Friendly LifestylePalm Terrace, Gainesville, FL
Ranked #6
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Palm Terrace, Gainesville, FL
School data provided by Great Schools
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 College Park at Midtown which is listed at $1,099, while the average apartment in Palm Terrace costs $1,649.
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 17 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
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.






