
Cheap Apartments for Rent in Lake Panasoffkee, FL from $500 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake Panasoffkee.


2634 NW 25th Ave

1115 NW 12th Ln

Lazy Oaks

Blueberry Hill

Windemere Villas A 55+ Community
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Total Monthly Price
Cove at Lady Lake

Total Monthly Price
Lakeside Retreat at 27

Rolling Acres Reserve

Arden Place

Rolling Acres Apartments

403 Kilgore St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

410 Terry St

411 Kilgore St

805 Peters St

Silver Pointe at Leesburg

Cypress Oaks

West Village
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Lake Panasoffkee, FL Local Guide

How much does it cost to rent an apartment in Lake Panasoffkee?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Panasoffkee Studio Apartments | $1,251 | $1,179 | $1,383 |
| Lake Panasoffkee 1 Bedroom Apartments | $1,423 | $990 | $2,377 |
| Lake Panasoffkee 2 Bedroom Apartments | $1,664 | $1,165 | $2,918 |
| Lake Panasoffkee 3 Bedroom Apartments | $1,996 | $1,349 | $3,460 |
| Lake Panasoffkee 4 Bedroom Apartments | $2,236 | $1,499 | $2,699 |
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Lake Panasoffkee, FL Local Guide
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Cheapest Available Lake Panasoffkee Apartments for Rent and Nearby
 The cheapest available apartment rental in Lake Panasoffkee, FL is a 1 Bed unit found at Blueberry Hill in the Silver Lake Estates neighborhood priced from $1,085. West Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here is today’s list of the most affordable Lake Panasoffkee apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Blueberry Hill | One Bed One Bath Standard | 1BR,1BA | $1,085 |
| West Village | A1A | 1BR,1BA | $1,095 |
| Lake Sumter Apartment Homes | One Bedroom One Bath (b) | 1BR,1BA | $1,122 |
| Cove at Lady Lake | One Bedroom One Bath | 1BR,1BA | $1,149 |
| Rolling Acres Reserve | Minimalist | Studio,1BA | $1,179 |
Best Value Apartments for Rent in Lake Panasoffkee, FL and Nearby
As of July 29, 2026 the best value apartment in the Lake Panasoffkee area is the $1.39 price per square foot C1 - Washington SFH Model at Crescent by Stella Homes in the in the Villages of Sumter neighborhood starting from $2,150. The second greatest value Lake Panasoffkee apartment is the Palm Model at The Groves at Lake Ella starting at $2,152 with a $1.40 price per square foot in the Chelsea's Run neighborhood. Here is today’s list of the best values for Lake Panasoffkee apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Crescent by Stella Homes | C1 - Washington SFH | 3BR,2BA | $1.39 |
| The Groves at Lake Ella | Palm | 3BR,2BA | $1.40 |
| Parker at East Village | C1 - 3 Bedroom, 2 Bathroom | 3BR,2BA | $1.27 |
| Rolling Acres Apartments | Three Bedroom Two Bath | 3BR,2BA | $1.17 |
| Spring Lake Cove Apartments | Three Bedroom Two Bath (b) | 3BR,2BA | $1.26 |
| Carmendy Square Apartments | Ashford | 2BR,1.5BA | $1.32 |
| Oakleaf Village Apartments | The Osprey w/Garage | 2BR,2BA | $1.51 |
| Laurel Oaks | 2 bedroom - 2 bathroom | 2BR,2BA | $1.18 |
| Lakeside Retreat at 27 | Two Bedroom Two Bath | 2BR,2BA | $1.38 |
| Magnolia at Powell | A1 | 1BR,1BA | $1.43 |
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.
Read ArticleReal 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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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lake Panasoffkee, FL Rentals by Map
See the most popular apartments and homes in Lake Panasoffkee, FL
Frequently Asked Questions about Cheap Lake Panasoffkee Apartments
What is the Cheapest Studio apartment in Lake Panasoffkee?
Currently the most affordable Cheap Studio Apartment in Lake Panasoffkee is at Rolling Acres Reserve listed at $1,179.
How much is rent for a Cheap One Bedroom Lake Panasoffkee Apartment?
The lowest price for a Cheap One Bedroom Lake Panasoffkee Apartment is $1,085 at Blueberry Hill.
What is the lowest price for a Cheap Two Bedroom Lake Panasoffkee Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Panasoffkee is starting from $1,199 at Lake Sumter Apartment Homes.
What is the most affordable Lake Panasoffkee Three Bedroom Apartment?
The best deal on a cheap Lake Panasoffkee Three Bedroom Apartment rental is at Cove at Lady Lake and starts from $1,349.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.

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.

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.