Cheap Apartments for Rent in the Panama Park Neighborhood of Jacksonville, FL from $700 (34 Rentals)

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

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.

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
property at 1145 W 25th St

$745

2 Bedroom, 1 Bath Home for Rent

Available Now

1145 W 25th St

JacksonvilleFL32209

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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Steven Apartments
Studio to 2 Bedroom Apartments

Steven Apartments

26 E 59th StJacksonville, FL 32208
Senior Living
  • 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
The Marley at Trout RiverA11BR,1BA$915

Best Value Apartments for Rent in Panama Park, FL

As of July 08, 2026 the best value apartment in the Panama Park area is the $1.21 price per square foot 2113 Mount Herman St Model at 2113 Mount Herman St, Unit Unit B in the in the Downtown neighborhood starting from $995. The second greatest value Panama Park apartment is the 2920 Moncrief Rd Model at 2920 Moncrief Rd, Unit 2924 Moncrief Rd starting at $1,000 with a $1.25 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.
2113 Mount Herman St, Unit Unit B2113 Mount Herman St2BR,1BA$1.21
2920 Moncrief Rd, Unit 2924 Moncrief Rd2920 Moncrief Rd2BR,1BA$1.25
610 W 18th St, Unit 2610 W 18th St2BR,1BA$1.10
1325 W 25th St, Unit The Clover on 25th1325 W 25th St2BR,1BA$1.60
2119 Mount Herman St, Unit 21192119 Mount Herman St2BR,1BA$1.42
112 W 17th St, Unit 1112 W 17th St1BR,1BA$1.07
The Marley at Trout RiverA11BR,1BA$1.52

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick 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.

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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 $915 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 $1,125 at The Marley at Trout River.

What is the most affordable Panama Park Three Bedroom Apartment?

The best deal on a cheap Panama Park Three Bedroom Apartment rental is at The Marley at Trout River and starts from $1,310.

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.

Helpful Local Expert Guides

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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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Jacksonville Student Housing Guide: Where to Rent Near UNF, JU, FSCJ and EWU

Written by: Allaire Williams

Hello there! I'm Allaire, your ApartmentHomeLiving.

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Looking for the Perfect Place? Top Neighborhoods to Rent Near major Employers in Jacksonville

Written by: Allaire Williams

I’m Allaire, your ApartmentHomeLiving.com Local Expert for Jacksonville, Florida.

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Unlocking Coastal Value: Why Jacksonville is the Best-Kept Secret for Affordable Living in the Sunshine State

Written by: Allaire Williams

I’m Allaire, your ApartmentHomeLiving.com Local Expert for Jacksonville, Florida. I’ve been in and around Jacksonville for many years and want to make sure you’re making informed decisions.

Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.