
Cheap Homes for Rent in Lake Panasoffkee, FL from $600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Panasoffkee.


411 Kilgore St
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.

507 Kilgore St

805 Peters St
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.

5562 US-301
Lake Panasoffkee, FL Local Guide

How much does it cost to rent a home in Lake Panasoffkee?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Panasoffkee 2 Bedroom Homes for Rent | $1,799 | $650 | $4,500 |
| Lake Panasoffkee 3 Bedroom Homes for Rent | $2,595 | $1,599 | $6,000 |
| Lake Panasoffkee 4 Bedroom Homes for Rent | $3,125 | $2,100 | $5,950 |
Browse Top Homes for Rent in Lake Panasoffkee
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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 Windemere Villas A 55+ Community in the Chelsea's Run neighborhood priced from $1,095. 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 $1,133. Here is today’s list of the most affordable Lake Panasoffkee apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Windemere Villas A 55+ Community | 1BR/1BA | 1BR,1BA | $1,095 |
| Lake Sumter Apartment Homes | One Bedroom One Bath (b) | 1BR,1BA | $1,133 |
| Cove at Lady Lake | One Bedroom One Bath | 1BR,1BA | $1,149 |
Best Value Apartments for Rent in Lake Panasoffkee, FL and Nearby
As of April 30, 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 |
| Carmendy Square Townhomes | The Bentley | 3BR,2BA | $1.21 |
| Magnolia at Powell | B1-TH | 2BR,2BA | $1.43 |
| Keys at Wildwood | 3B 2BA | 3BR,2BA | $1.40 |
| Lakeside Retreat at 27 | Three Bedroom Two Bath | 3BR,2BA | $1.35 |
| Oakleaf Village Apartments | The Osprey w/Garage | 2BR,2BA | $1.44 |
| The Mark at Wildwood | B1 | 2BR,2BA | $1.51 |
| Laurel Oaks | 2bedroom/2bathroom | 2BR,2BA | $1.18 |
| Wildwood Preserve Apartment Homes | One Bedroom One Bath | 1BR,1BA | $1.41 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
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 Lake Panasoffkee
What type of rentals are currently available in Lake Panasoffkee?
There are currently 46 Apartments for Rent in Lake Panasoffkee, FL with pricing that ranges from $947 to $3,438. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Panasoffkee ranging from $650 to $6,000.
What is the current price range for Rental Homes in Lake Panasoffkee?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Panasoffkee ranges from $650 to $6,000 with an average monthly rent of $2,129.
How much are larger Three and Four Bedroom Rentals in Lake Panasoffkee?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Panasoffkee range from $1,329 to $3,438, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,599 to $6,000. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $1,399.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.

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.