
Cheap Apartments for Rent near Mayo, FL from $500 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Mayo.


Harbor Cove

Amberwood Hills

219 NW Hilton Ave

Total Monthly Price
Sundial Apartments

Bentwood Apartments
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.

Oak Terrace at Lake Park

437 NW Desoto St

Brookside (Hallmark)

229 NW Deer Run Gln

The Hammocks Off Newberry

The Grove at Perry
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.

The Grove

124 Laurence

917 NE Aberdeen Ave

572 NE Congress Ave

Holly Heights

13933 US-19
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.

Holly Heights North

Cedar Ridge Apartments

202 Irvin Ave NW

510 SW 69th St

Santa Fe Trace Apartments

1315 S Center 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.

102 NE Craven St

107 SW Lancelot Gln

206 Alice St
Mayo, FL Local Guide

How much does it cost to rent an apartment in Mayo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mayo Studio Apartments | $946 | $925 | $965 |
| Mayo 1 Bedroom Apartments | $1,579 | $610 | $2,224 |
| Mayo 2 Bedroom Apartments | $1,776 | $724 | $2,490 |
| Mayo 3 Bedroom Apartments | $1,995 | $586 | $2,700 |
| Mayo 4 Bedroom Apartments | $1,072 | $515 | $2,273 |
Browse Top Apartments in Mayo
See all Apartments in MayoExplore Mayo
Mayo, FL Local Guide
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Cheapest Available Mayo Apartments for Rent and Nearby
 The cheapest available apartment rental in Mayo, FL is a 4 Beds unit found at The Crossing at Santa Fe in the Kensington Park neighborhood priced from $549. Arbours At Madison Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $724. Here is today’s list of the most affordable Mayo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Crossing at Santa Fe | 4-4 Wood | 4BR,4BA | $549 |
| Arbours At Madison Apartments | 2 Beds, 2 baths | 2BR,2BA | $724 |
| Harbor Cove | One Bedroom One Bath | 1BR,1BA | $859 |
| Sundial Apartments | A1 - Studio | 1BR,1BA | $955 |
| Amberwood Hills | 1.1 | 1BR,1BA | $1,050 |
| Oak Terrace at Lake Park | 2 Beds, 2 baths | 2BR,2BA | $1,075 |
| The Hammocks Off Newberry | 1 Bed 1 Bath | 1BR,1BA | $1,098 |
| Bentwood Apartments | Bentwood One Bedroom Apartments | 1BR,1BA | $1,130 |
| The Grove at Perry | 1BR | 1BR,1BA | $1,140 |
| Legacy at Fort Clarke | A2 Peyton - 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,291 |
Best Value Apartments for Rent in Mayo, FL and Nearby
As of August 08, 2026 the best value apartment in the Mayo area is the $1.34 price per square foot Vale Model at Tara St. Augustine Townhomes in the in the Suburban Heights neighborhood starting from $2,382. The second greatest value Mayo apartment is the 3-3 Wood Model at The Crossing at Santa Fe starting at $675 with a $0.51 price per square foot in the Kensington Park neighborhood. Here is today’s list of the best values for Mayo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Tara St. Augustine Townhomes | Vale | 3BR,2.5BA | $1.34 |
| The Crossing at Santa Fe | 3-3 Wood | 3BR,3BA | $0.51 |
| Magnolia Place | Marquis | 2BR,2.5BA | $1.25 |
| MAA Steeplegate | The Derby | 2BR,1BA | $1.33 |
| Santa Fe Oaks | 3 Bed, 2.5 Bath Townhome | 3BR,2.5BA | $1.15 |
| Arbours At Madison Apartments | 3 Beds, 2 baths | 3BR,2BA | $0.71 |
| Villas at Ashton Square | RENOVATED 2 Bed 2 Bath Apartment - Villas at As... | 2BR,2BA | $1.30 |
| CRICKET CLUB II | 2 Bed 2 Bath in Cricket Club II | 2BR,2BA | $1.36 |
| Oak Terrace at Lake Park | 2 Beds, 2 baths | 2BR,2BA | $1.21 |
| Harbor Cove | One Bedroom One Bath | 1BR,1BA | $1.20 |
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.
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 Mayo, FL Rentals by Map
See the most popular apartments and homes in Mayo, FL
Frequently Asked Questions about Cheap Mayo Apartments
How much is rent for a Cheap One Bedroom Mayo Apartment?
The lowest price for a Cheap One Bedroom Mayo Apartment is $859 at Harbor Cove.
What is the lowest price for a Cheap Two Bedroom Mayo Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Mayo is starting from $724 at Arbours At Madison Apartments.
What is the most affordable Mayo Three Bedroom Apartment?
The best deal on a cheap Mayo Three Bedroom Apartment rental is at The Crossing at Santa Fe and starts from $675.
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.

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.

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.