
Cheap Apartments for Rent in the Palm Terrace Neighborhood of Gainesville, FL from $600 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in the Palm Terrace area of Gainesville.

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.
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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 | $1,405 | $805 | $2,000 |
Palm Terrace 2 Bedroom Apartments | $1,109 | $774 | $3,400 |
Palm Terrace 3 Bedroom Apartments | $962 | $629 | $3,200 |
Palm Terrace 4 Bedroom Apartments | $824 | $650 | $1,045 |
Browse Apartments in this Neighborhood
There are currently 4 rentals with your search options within a 1 mile radius of the Palm Terrace Neighborhood of Gainesville, FL.
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Palm Terrace, Gainesville, FL Local Guide
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Best Value Apartments for Rent in Palm Terrace, FL
As of June 17, 2025 the best value apartment in the Palm Terrace area is the $0.53 price per square foot 3BR/3BA Model at Varsity House Gainesville in the in the Golfview neighborhood starting from $655. The second greatest value Palm Terrace apartment is the 2 Bedroom 2 Bathroom Model at The Ridge on 34th starting at $1,305 with a $1.24 price per square foot in the Suburban Heights 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. |
---|---|---|---|
Varsity House Gainesville | 3BR/3BA | 3BR,3BA | $0.53 |
The Ridge on 34th | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.24 |
On20 Apartments | A1-Deluxe | 1BR,1BA | $1.51 |
Robert's Stadium Club | One Bedroom | 1BR,1BA | $2.16 |
Gardenview Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.46 |
Lux 13 | Orion w/ Wood Style Floors | 1BR,1BA | $2.43 |
Mirabella | One Bedroom Standard | 1BR,1BA | $1.84 |
Oxford Manor | 1-1wd | 1BR,1BA | $2.70 |
Camelot Apartments | 1/1 Village | 1BR,1BA | $2.17 |
College Park at Midtown | The Cade | Studio ,1BA | $2.71 |
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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 Gardenview Apartments which is listed at $1,050, while the average apartment in Palm Terrace costs $1,464.
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 88 regular apartments in Palm Terrace that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Palm Terrace?
Cheap apartments in Palm Terrace have an average cost of $870 which is $594 cheaper than the average rent for all rentals in Palm Terrace.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.