Cheap Apartments for Rent in the Panama Park Neighborhood of Jacksonville, FL from $700 (8 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Panama Park area of Jacksonville.

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.

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Capri Villa
1 Bedroom Apartments

Capri Villa

4832 Main StJacksonville, FL 32206
  • Utilities Included
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Linda Apartments
1 to 2 Bedroom Apartments

Linda Apartments

7420 Linda DrJacksonville, FL 32208

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

Cheapest Available Panama Park Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
University PlazaSapphire2BR,1BA$949
The Marley at Trout RiverA21BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Marley at Trout RiverA21BR,1BA$1.27
University PlazaSapphire2BR,1BA$1.30
1184 E 18th St, Unit B1184 E 18th St2BR,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.

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Don'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.

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The 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.

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Cash 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.

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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

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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.

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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.

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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.