
Cheap Apartments for Rent near Penney Farms, FL from $367 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Penney Farms.


3237 Canyon Falls Dr

Hunters Run

St Johns Landing Apartments

Lindsey Terrace Apartments

Molly Crossing Apartments

Victoria at Orange Park

Total Monthly Price
Alexander Pointe

Parkland at Orange Park
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.

Total Monthly Price
Reserve at Orange Park

Arbors at Orange Park

Laurel Grove Townhomes

Macie Creek Apartments

Total Monthly Price
Edge at Lakeside

Bryce Landing

Nathan Ridge

Riverside at Orange Park

Sydney Trace Apartments
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 Park at Blanding

MAA Fleming Island

Oakleaf Plantation Apartments

Flats at Maverick Trails

Townhomes at Maverick Trails

Argyle Lake at Oakleaf Town Center

Integra Park at Oakleaf

The Julington

Total Monthly Price
Cobblestone at Eagle Harbor
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.

Total Monthly Price
Villas Continental

The Station at Fleming Island

Longleaf at St. Johns

Pointe Grand Inlet at Fleming Island

Infinite Clay Town Center

Pointe Grand Oakleaf

Total Monthly Price
The Villages at Oakleaf

Locale St. Johns

Admiral Apartments
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.

Jefferson Way

3165 Ravines Rd

3155 Ravines Rd

1415 Florida St

467 Olive Cir

The Park at Matera

Cypress Pointe

154 Governor St

1280 Independence Dr
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.
Penney Farms, FL Local Guide

How much does it cost to rent an apartment in Penney Farms?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penney Farms Studio Apartments | $960 | $367 | $1,462 |
| Penney Farms 1 Bedroom Apartments | $1,383 | $1,015 | $2,185 |
| Penney Farms 2 Bedroom Apartments | $1,584 | $1,000 | $2,280 |
| Penney Farms 3 Bedroom Apartments | $2,082 | $1,175 | $2,700 |
| Penney Farms 4 Bedroom Apartments | $2,066 | $1,915 | $2,177 |
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Penney Farms, FL Local Guide
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Cheapest Available Penney Farms Apartments for Rent and Nearby
 The cheapest available apartment rental in Penney Farms, FL is a Studio unit found at Siegel Select Jacksonville/Orange Park in the Orange Park neighborhood priced from $367. Hunters Run in the Orange Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here is today’s list of the most affordable Penney Farms apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Siegel Select Jacksonville/Orange Park | Studio R / Studio Weekly Rate | Studio,1BA | $367 |
| Hunters Run | ANDALUCIAN | 1BR,1BA | $799 |
| Lindsey Terrace Apartments | Two Bedroom Two Bathroom 60% | 2BR,2BA | $1,000 |
| St Johns Landing Apartments | One Bedroom Loft | 1BR,1BA | $1,015 |
| Parkland at Orange Park | Cypress | 1BR,1BA | $1,051 |
| Reserve at Orange Park | RT - A1 | 1BR,1BA | $1,052 |
| Laurel Grove Townhomes | 1 Bed 1 Bath | 1BR,1BA | $1,075 |
| Arbors at Orange Park | A1: 1 Bed 1 Bath | 1BR,1BA | $1,105 |
| Victoria at Orange Park | Canyon | 1BR,1BA | $1,120 |
| Riverside at Orange Park | 1 Bedroom, 1 Bathroom Partial Renovated | 1BR,1BA | $1,149 |
Best Value Apartments for Rent in Penney Farms, FL and Nearby
As of September 13, 2026 the best value apartment in the Penney Farms area is the $1.24 price per square foot B2 Model at The Villages at Oakleaf in the in the Orange Park neighborhood starting from $1,654. The second greatest value Penney Farms apartment is the The Ivy Renovated Model at Alexander Pointe starting at $1,472 with a $1.25 price per square foot in the Orange Park neighborhood. Here is today’s list of the best values for Penney Farms apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Villages at Oakleaf | B2 | 2BR,2BA | $1.24 |
| Alexander Pointe | The Ivy Renovated | 3BR,2BA | $1.25 |
| Edge at Lakeside | C1 | 3BR,2BA | $1.24 |
| The Park at Matera | 2/1 HL | 2BR,1BA | $1.14 |
| Townhomes at Maverick Trails | 2BR/2.5BA | 2BR,2.5BA | $1.32 |
| The Park at Blanding | 2x1 | 2BR,1BA | $1.26 |
| Laurel Grove Townhomes | 1 Bed 1 Bath | 1BR,1BA | $1.30 |
| St Johns Landing Apartments | Two Bedroom Townhouse | 2BR,1BA | $1.32 |
| Hunters Run | ANDALUCIAN | 1BR,1BA | $1.13 |
| Siegel Select Jacksonville/Orange Park | Studio R / Studio Weekly Rate | Studio ,1BA | $1.28 |
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 ArticleNavigating 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.
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 Penney Farms, FL Rentals by Map
See the most popular apartments and homes in Penney Farms, FL
Frequently Asked Questions about Cheap Penney Farms Apartments
How much is rent for a Cheap One Bedroom Penney Farms Apartment?
The lowest price for a Cheap One Bedroom Penney Farms Apartment is $799 at Hunters Run.
What is the lowest price for a Cheap Two Bedroom Penney Farms Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Penney Farms is starting from $899 at Hunters Run.
What is the most affordable Penney Farms Three Bedroom Apartment?
The best deal on a cheap Penney Farms Three Bedroom Apartment rental is at Hunters Run and starts from $999.
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.

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.

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.

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.