Cheap Apartments for Rent in Lake Panasoffkee, FL from $500 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lake Panasoffkee.

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Lake Panasoffkee, FL Local Guide

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 Windemere Villas A 55+ Community in the Chelsea's Run neighborhood priced from $995. Lake Sumter Apartment Homes in the Lady Lake Oaks neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,041. Here is today’s list of the most affordable Lake Panasoffkee apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Windemere Villas A 55+ Community1BR/1BA1BR,1BA$995
Lake Sumter Apartment HomesOne Bedroom One Bath (b)1BR,1BA$1,041
Silver Pointe at Leesburg1 bedroom1BR,1BA$1,047
Cove at Lady LakeTwo Bedroom Two Bath2BR,2BA$1,129
Rolling Acres ReserveMagnoliaStudio,1BA$1,129

Best Value Apartments for Rent in Lake Panasoffkee, FL and Nearby

As of September 11, 2025 the best value apartment in the Lake Panasoffkee area is the $1.47 price per square foot C2 - Jernigan Model at Crescent by Stella Homes in the in the Villages of Sumter neighborhood starting from $2,095. The second greatest value Lake Panasoffkee apartment is the Vita Plan Model at Cottages at Wildwood Rental Homes starting at $1,765 with a $1.34 price per square foot . Here is today’s list of the best values for Lake Panasoffkee apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Crescent by Stella HomesC2 - Jernigan3BR,2.5BA$1.47
Cottages at Wildwood Rental HomesVita Plan2BR,2.5BA$1.34
Cove at Lady LakeThree Bedroom Two Bath3BR,2BA$1.15
Carmendy Square TownhomesThe Ashford2BR,1.5BA$1.21
Rolling Acres ApartmentsTwo Bedroom Two Bath (b)2BR,2BA$1.24
Laurel Oaks2bedroom/2bathroom2BR,2BA$1.30
Gardens on GriffinJuniper 2x1.52BR,1.5BA$1.50
Lakeside Retreat at 27Two Bedroom Two Bath2BR,2BA$1.30
Wildwood Preserve Apartment HomesOne Bedroom One Bath1BR,1BA$1.39
Windemere Villas A 55+ Community1BR/1BA1BR,1BA$1.53

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lake Panasoffkee, FL Rentals by Map

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Getting Around Lake Panasoffkee, FL

Walk Score®

9 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,129.

How much is rent for a Cheap One Bedroom Lake Panasoffkee Apartment?

The lowest price for a Cheap One Bedroom Lake Panasoffkee Apartment is $995 at Windemere Villas A 55+ Community.

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 $1,129 at Cove at Lady Lake.

What is the most affordable Lake Panasoffkee Three Bedroom Apartment?

The best deal on a cheap Lake Panasoffkee Three Bedroom Apartment rental is at Lake Sumter Apartment Homes and starts from $1,199.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.