745 NW 18th St
GainesvilleFL32603
Cheap Homes for Rent in the Palm Terrace Neighborhood of Gainesville, FL from $925 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Palm Terrace area of Gainesville.
611 NW 35th St
GainesvilleFL32607
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
2616 SW 4th Pl
GainesvilleFL32607
1339 NW 25th Terrace
GainesvilleFL32605
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
17 NW 24th St
GainesvilleFL32607
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Palm Terrace, Gainesville, FL Local Guide
How much does it cost to rent a home in Palm Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palm Terrace 2 Bedroom Homes for Rent | $2,050 | $1,300 | $2,700 |
| Palm Terrace 3 Bedroom Homes for Rent | $3,450 | $3,000 | $3,900 |
| Palm Terrace 4 Bedroom Homes for Rent | $2,750 | $2,500 | $3,000 |
| Palm Terrace 5 Bedroom Homes for Rent | $4,175 | $2,350 | $6,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 1 mile radius of the Palm Terrace Neighborhood of Gainesville, FL.
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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 1 Bed unit found at Camelot Apartments priced from $1,099. Gator View & Gator Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,155. Here are the most affordable Palm Terrace apartments for rent in Gainesville, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Camelot Apartments | 1/1 Hammocks | 1BR,1BA | $1,099 |
| Gator View & Gator Park | 1BR / 1BA at Gator View Apartments | 1BR,1BA | $1,155 |
| The Wynwood | 1x1-B | 1BR,1BA | $1,160 |
Best Value Apartments for Rent in Palm Terrace, FL
As of September 10, 2026 the best value apartment in the Palm Terrace area is the $2.65 price per square foot 4BR / 4.5BA at The Craftsman Luxury Townhomes Model at The Craftsman in the in the Golfview neighborhood starting from $4,560. The second greatest value Palm Terrace apartment is the 4BR/2.0BA Model at Third Place at Midtown starting at $2,600 with a $1.65 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 Craftsman | 4BR / 4.5BA at The Craftsman Luxury Townhomes | 4BR,4.5BA | $2.65 |
| Third Place at Midtown | 4BR/2.0BA | 4BR,2BA | $1.65 |
| Roberts' Stadium Club | One Bedroom | 1BR,1BA | $2.16 |
| College Park at Midtown | The Avenues A4 with Premium Finishes | 2BR,2BA | $2.18 |
| The Wynwood | 1x1-A | 1BR,1BA | $2.33 |
| Mirabella | One Bedroom Standard | 1BR,1BA | $2.08 |
| Gator View & Gator Park | 1BR / 1BA at Gator View Apartments | 1BR,1BA | $2.01 |
| Camelot Apartments | 1/1 Hammocks | 1BR,1BA | $2.00 |
Frequently Asked Questions about Palm Terrace
What type of rentals are currently available in Palm Terrace?
There are currently 37 Apartments for Rent in Palm Terrace, FL with pricing that ranges from $1,050 to $15,974. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palm Terrace ranging from $925 to $6,000.
What is the current price range for Rental Homes in Palm Terrace?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Palm Terrace ranges from $925 to $6,000 with an average monthly rent of $2,870.
How much are larger Three and Four Bedroom Rentals in Palm Terrace?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Palm Terrace range from $1,498 to $1,649, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,000 to $3,900. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $9,140.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.