
Cheap Homes for Rent in Palm Terrace Neighborhood of Gainesville, FL from $900 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Palm Terrace area of Gainesville.


745 NW 18th St

323 NW 16th St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

2616 SW 4th Pl

111 NW 21st St, Unit 111

17 NW 24th St
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.

8 SW 26th St
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 | $1,533 | $1,300 | $1,700 |
| Palm Terrace 3 Bedroom Homes for Rent | $2,543 | $1,895 | $3,400 |
| Palm Terrace 4 Bedroom Homes for Rent | $2,733 | $1,850 | $3,600 |
| Palm Terrace 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
| Palm Terrace 6 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 1 mile radius of the Palm Terrace Neighborhood of Gainesville, FL.
Explore Gainesville
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 $899. College Park at Midtown has the second lowest priced unit, which is a Studio apartment currently listed from $949. 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 | $899 |
| College Park at Midtown | The Cade | Studio,1BA | $949 |
| The Ridge on 34th Avenue Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,005 |
Best Value Apartments for Rent in Palm Terrace, FL
As of April 28, 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 Roberts' 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 |
| Roberts' Stadium Club | One Bedroom | 1BR,1BA | $2.16 |
| The Ridge on 34th Avenue Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.34 |
| The Wynwood | 1x1-B | 1BR,1BA | $2.31 |
| Mirabella | One Bedroom Standard | 1BR,1BA | $2.00 |
| College Park at Midtown | The Cade | Studio ,1BA | $2.71 |
Frequently Asked Questions about Palm Terrace
What type of rentals are currently available in Palm Terrace?
There are currently 34 Apartments for Rent in Palm Terrace, FL with pricing that ranges from $795 to $9,430. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palm Terrace ranging from $925 to $4,500.
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 $4,500 with an average monthly rent of $2,625.
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 $1,405 to $1,649, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,895 to $3,400. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $4,734.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.