Cheap Homes for Rent in Panama Park Neighborhood of Jacksonville, FL from $600 (35 Rentals)

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

property at 665 Chestnut Dr

$600 - $660

1 Bedroom Rentals

Available Now

665 Chestnut Dr

JacksonvilleFL32208

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.

property at 1243 W 25th St

$795

2 Bedroom, 1 Bath Home for Rent

Available Now

1243 W 25th St

JacksonvilleFL32209
property at 1151 W 25th St

$795

2 Bedroom, 1 Bath Home for Rent

Available Now

1151 W 25th St

JacksonvilleFL32209
property at 1145 W 25th St

$795

2 Bedroom, 1 Bath Home for Rent

Available Now

1145 W 25th St

JacksonvilleFL32209

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.

property at 402 E 27th St

$850

2 Bedroom, 1 Bath Home for Rent

Available Now

402 E 27th St

JacksonvilleFL32206

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

Find your perfect rental in Jacksonville, FL! Insider guide to the best neighborhoods and apartments near major employers like Amazon, Mayo Clinic, and Baptist Health.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 1245 W 30th St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Condo for Rent

Available Now

1245 W 30th St

JacksonvilleFL32209

Panama Park, Jacksonville, FL Local Guide

Cheapest Available Panama Park Apartments for Rent

 

The cheapest available apartment rental in the Panama Park area of Jacksonville, FL is a 2 Beds unit found at University Plaza priced from $949. The Marley at Trout River has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,025. Here are the most affordable Panama Park apartments for rent in Jacksonville, FL:

Apartment ListingModel NameBed/BathPriced From
University PlazaSapphire2BR,1BA$949
The Marley at Trout RiverA21BR,1BA$1,025
Doorbia Rental HomesUpstairs2BR,1BA$1,150

Best Value Apartments for Rent in Panama Park, FL

As of February 19, 2026 the best value apartment in the Panama Park area is the $1.28 price per square foot A2 Model at The Marley at Trout River in the in the Lake Forest neighborhood starting from $1,025. The second greatest value Panama Park apartment is the 849 W 30th St Model at 849 W 30th St, Unit Apt.2 starting at $925 with a $1.23 price per square foot in the Royal Terrace 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$1.28
849 W 30th St, Unit Apt.2849 W 30th St2BR,1BA$1.23
610 W 18th St610 W 18th St2BR,1BA$1.03
Doorbia Rental HomesHandicap Access2BR,1BA$1.53
University PlazaSapphire2BR,1BA$1.30
2119 Mount Herman St, Unit 21192119 Mount Herman St2BR,1BA$1.39
1184 E 18th St, Unit B1184 E 18th St2BR,1BA$1.25

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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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 Panama Park

What type of rentals are currently available in Panama Park?

There are currently 143 Apartments for Rent in Panama Park, FL with pricing that ranges from $775 to $1,650. There are also 129 Single Family Homes for rent, Condos, and Townhome rentals currently available in Panama Park ranging from $600 to $2,350.

What is the current price range for Rental Homes in Panama Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Panama Park ranges from $600 to $2,350 with an average monthly rent of $1,169.

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

decorative image for A Local Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in the Jacksonville Area article

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.

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

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.

Articles, How-To's, and Tips

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.