
Cheap Apartments for Rent in the Panama Park Neighborhood of Jacksonville, FL from $700 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Panama Park area of Jacksonville.


2906 Silver St

2540-2542 Moncrief Rd
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.

2532-2534 Moncrief Rd
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.
Panama Park, Jacksonville, FL Local Guide

How much does it cost to rent an apartment in Panama Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Panama Park 1 Bedroom Apartments | $1,025 | $700 | $1,100 |
| Panama Park 2 Bedroom Apartments | $1,105 | $725 | $1,365 |
| Panama Park 3 Bedroom Apartments | $1,465 | $1,465 | $1,465 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Panama Park Neighborhood of Jacksonville, FL.
See all Apartments in JacksonvilleExplore Jacksonville
Panama Park, Jacksonville, FL Local Guide
- Nearby Jacksonville neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Panama Park Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Plaza | Sapphire | 2BR,1BA | $949 |
| The Marley at Trout River | A2 | 1BR,1BA | $1,015 |
Best Value Apartments for Rent in Panama Park, FL
As of January 02, 2026 the best value apartment in the Panama Park area is the $1.27 price per square foot A2 Model at The Marley at Trout River in the in the Lake Forest neighborhood starting from $1,015. The second greatest value Panama Park apartment is the Sapphire Model at University Plaza starting at $949 with a $1.30 price per square foot in the Downtown neighborhood. Here is today’s list of the best values for Panama Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Marley at Trout River | A2 | 1BR,1BA | $1.27 |
| University Plaza | Sapphire | 2BR,1BA | $1.30 |
| 1184 E 18th St, Unit B | 1184 E 18th St | 2BR,1BA | $1.32 |
Jacksonville Student Housing Guide: Where to Rent Near UNF, JU, FSCJ and EWU
From historic Riverside to coastal Jacksonville Beach, find your perfect student apartment. Local expert advice on UNF, JU, and FSCJ neighborhoods and rent costs.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Panama Park, Jacksonville, FL
School data provided by Great Schools
Frequently Asked Questions about Cheap Panama Park Apartments
How much is rent for a Cheap One Bedroom Panama Park Apartment?
The lowest price for a Cheap One Bedroom Panama Park Apartment is $1,015 at The Marley at Trout River.
What is the lowest price for a Cheap Two Bedroom Panama Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Panama Park is starting from $949 at University Plaza.
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

A Local Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in the Jacksonville Area
Written by: Chuck Navarra
Hey there! I’m Chuck, your ApartmentHomeLiving.com local Expert! I've joined Jaguars fans many times on Sundays to hear their rallying cry, "Duuuval!", but there's so much more to enjoy here in one of the nation's largest cities.

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.

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.

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.



