Cheap Apartments for Rent in Lake Panasoffkee, FL from $890 (31 Rentals)

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

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Cove at Lady Lake
Rent Specials
$1,149 - $1,670

Total Monthly Price

Base Rent$1,149 - $1,670
Total Monthly PriceVaries
1 to 4 Bedroom Apartments Available Now

Cove at Lady Lake

735 S Us-27 HwyLady Lake, FL 32159
Luxury
  • Verified
  • Utilities Included
  • Low Income

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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.

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Silver Pointe at Leesburg
1 to 2 Bedroom Apartments

Silver Pointe at Leesburg

2400 Silver Pointe RdLeesburg, FL 34748
Senior Living
  • Utilities Included
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Cypress Oaks
1 to 3 Bedroom Apartments

Cypress Oaks

336 Sandy Oaks CirLeesburg, FL 34748
property at 205 Mill St
$999
3 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

205 Mill St

WildwoodFL34785
  • Smoke Free

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.

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West Village
1 to 3 Bedroom Apartments

West Village

9760 Pepper Tree TerWildwood, FL 34785
Showing Results 1-31, Page 1 of 1

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 Lazy Oaks in the Chelsea's Run neighborhood priced from $890. Blueberry Hill in the Silver Lake Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,045. Here is today’s list of the most affordable Lake Panasoffkee apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lazy Oaks1BR/1.0BA1BR,1BA$890
Blueberry HillOne Bed One Bath Standard1BR,1BA$1,045
Rolling Acres ReserveMagnoliaStudio,1BA$1,119
Lake Sumter Apartment HomesOne Bedroom One Bath (b)1BR,1BA$1,122
Cove at Lady LakeOne Bedroom One Bath1BR,1BA$1,149
Lake Sumter ReserveOne Bedroom One Bath1BR,1BA$1,174
Arden PlaceOne Bedroom1BR,1BA$1,185
Lakeside Retreat at 27One Bedroom One Bath1BR,1BA$1,199
Laurel Oaks2 bedroom - 2 bathroom2BR,2BA$1,223
West VillageA1A1BR,1BA$1,230

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

As of September 13, 2026 the best value apartment in the Lake Panasoffkee area is the $1.46 price per square foot C1 - Washington SFH Model at Crescent by Stella Homes in the in the Villages of Sumter neighborhood starting from $2,249. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Crescent by Stella HomesC1 - Washington SFH3BR,2BA$1.46
The Groves at Lake EllaPalm3BR,2BA$1.40
Carmendy Square ApartmentsBentley3BR,2BA$1.15
Cottages at Wildwood Rental HomesVita Plan2BR,2.5BA$1.25
Rolling Acres ApartmentsThe Banyan2BR,2BA$1.23
Solamar WildwoodCavalier2BR,2BA$1.50
Laurel Oaks2 bedroom - 2 bathroom2BR,2BA$1.18
Lazy Oaks1BR/1.0BA1BR,1BA$0.89
Spring Lake Cove ApartmentsTwo Bedroom One Bath (b)2BR,1BA$1.31
Oakleaf Village ApartmentsThe Egret1BR,1BA$1.48

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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

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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 $1,119.

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

The lowest price for a Cheap One Bedroom Lake Panasoffkee Apartment is $890 at Lazy Oaks.

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 $1,223 at Laurel Oaks.

What is the most affordable Lake Panasoffkee Three Bedroom Apartment?

The best deal on a cheap Lake Panasoffkee Three Bedroom Apartment rental is at Rolling Acres Apartments 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

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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.