Cheap Homes for Rent in Palm Terrace Neighborhood of Gainesville, FL from $1,300 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in the Palm Terrace area of Gainesville.

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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 $895. 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 ListingModel NameBed/BathPriced From
Camelot Apartments1/1 Hammocks1BR,1BA$895
College Park at MidtownThe CadeStudio,1BA$949
The Wynwood1x1-B1BR,1BA$1,295

Best Value Apartments for Rent in Palm Terrace, FL

As of January 08, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Camelot Apartments2/2 Townhome2BR,2BA$1.73
Robert's Stadium ClubOne Bedroom1BR,1BA$2.16
The Wynwood1x1-B1BR,1BA$1.98
MirabellaOne Bedroom Standard1BR,1BA$2.04
College Park at MidtownThe CadeStudio ,1BA$2.71

Frequently Asked Questions about Palm Terrace

What type of rentals are currently available in Palm Terrace?

There are currently 36 Apartments for Rent in Palm Terrace, FL with pricing that ranges from $775 to $9,430. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palm Terrace ranging from $1,300 to $3,750.

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 $1,300 to $3,750 with an average monthly rent of $2,442.

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 $1,649 to $1,649, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $3,300. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $5,223.

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

decorative image for How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!