
Cheap Homes for Rent in Panola, TX from $700 (29 Rentals)
Search the lowest-cost Homes available for rent right now in Panola.


3203 Darien St

3902 Sumner St

617 Damaka Dr

7137 Burlingame Blvd

5331 Fairfax Ave

557 Merrick 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.

632 Wyandotte St

1726 Malcolm St

3323 Darien St

4321 Ridgeway Ave

110 Blanchard Mobile Villa Rd

4325 Greenwood Blvd

622 W 75th St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

715 Boulevard St

546 Dalzell St

5454 Financial Plaza

6637 Burke St

1353 Glen Oak Pl

6308 Frondosa Dr

3730 Fairfield Ave
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

6002 Henderson Ave

941 Windsor Dr

3940 Wallace Ave

2834 Lakeview Rd

604 Kingstowne Pl

4300 Hermosa Dr

2109 Highland Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

357 Fontaine St
Panola, TX Local Guide

How much does it cost to rent a home in Panola?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Panola 2 Bedroom Homes for Rent | $840 | $700 | $1,100 |
| Panola 3 Bedroom Homes for Rent | $1,203 | $700 | $2,670 |
| Panola 4 Bedroom Homes for Rent | $1,300 | $1,300 | $1,300 |
| Panola 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
| Panola 6 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Top Homes for Rent in Panola
Explore Panola
Panola, TX Local Guide
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Cheapest Available Panola Apartments for Rent and Nearby
 The cheapest available apartment rental in Panola, TX is a 1 Bed unit found at HIDDEN COVE in the W Outlying Caddo Parish neighborhood priced from $550. Fox Trail Apartments in the Southwest Shreveport neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $595. Here is today’s list of the most affordable Panola apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| HIDDEN COVE | 1 Bedroom, 1 Bath | 1BR,1BA | $550 |
| Fox Trail Apartments | Magnolia | Studio,1BA | $595 |
| Lifestyle on Golf Links | 1 Bed 1 Bath | 1BR,1BA | $625 |
| Villa Del Lago Apartments | 1BR/1.0BA | 1BR,1BA | $675 |
| Riverdale | 1 Bedroom | 1BR,1BA | $685 |
| Salem Village | Calliope | 1BR,1BA | $685 |
| Lifestyle on Pines | 1 Bed 1 Bath | 1BR,1BA | $699 |
| The Marq | Willow | 1BR,1BA | $710 |
| Colony Square | 1BR/1.0BA | 1BR,1BA | $725 |
| Lifestyle on Lakeshore | 1 Bed 1 Bath | 1BR,1BA | $730 |
Best Value Apartments for Rent in Panola, TX and Nearby
As of April 09, 2026 the best value apartment in the Panola area is the $0.99 price per square foot Penthouse - Pond View Model at Cross Lake Apartments in the in the Mooretown and Hollywood Heights neighborhood starting from $1,040. The second greatest value Panola apartment is the Harbor Villa Model at Towers at Cross Lake starting at $785 with a $0.87 price per square foot in the Mooretown and Hollywood Heights neighborhood. Here is today’s list of the best values for Panola apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cross Lake Apartments | Penthouse - Pond View | 2BR,2BA | $0.99 |
| Towers at Cross Lake | Harbor Villa | 1BR,1BA | $0.87 |
| Colony Square | 1BR/1.0BA | 1BR,1BA | $0.95 |
| Lifestyle on Lakeshore | 1 Bed 1 Bath | 1BR,1BA | $0.97 |
| Villa Del Lago Apartments | 1BR/1.0BA | 1BR,1BA | $0.93 |
| Riverdale | 1 Bedroom | 1BR,1BA | $0.95 |
| Lifestyle on Pines | 1 Bed 1 Bath | 1BR,1BA | $0.98 |
| Salem Village | Calliope | 1BR,1BA | $1.03 |
| Lifestyle on Golf Links | 1 Bed 1 Bath | 1BR,1BA | $0.95 |
| HIDDEN COVE | 1 Bedroom, 1 Bath | 1BR,1BA | $1.04 |
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 Panola, TX Rentals by Map
See the most popular apartments and homes in Panola, TX
Frequently Asked Questions about Panola
What type of rentals are currently available in Panola?
There are currently 37 Apartments for Rent in Panola, TX with pricing that ranges from $550 to $1,630. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Panola ranging from $700 to $4,500.
What is the current price range for Rental Homes in Panola?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Panola ranges from $700 to $4,500 with an average monthly rent of $1,901.
How much are larger Three and Four Bedroom Rentals in Panola?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Panola range from $846 to $1,610, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $2,670. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $1,199.
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
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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.