
Cheap Apartments for Rent near Penney Farms, FL from $300 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Penney Farms.


Hunters Run

Laurel Grove Apartment Homes

Lindsey Terrace Apartments

Victoria at Orange Park

Molly Crossing Apartments

St Johns Landing Apartments

Bryce Landing
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.

Parkland at Orange Park

Macie Creek Apartments

Arbors at Orange Park

Park Village

Total Monthly Price
Edge at Lakeside

Nathan Ridge

Jefferson Way

Total Monthly Price
Alexander Pointe
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.

Sydney Trace Apartments

The Park at Blanding

Total Monthly Price
Reserve at Orange Park

Riverside at Orange Park

Oakleaf Plantation Apartments

Flats at Maverick Trails

The Station at Fleming Island

Townhomes at Maverick Trails
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.

MAA Fleming Island

Longleaf at St. Johns

Ascend At Clay Town Center

Argyle Lake at Oakleaf Town Center

Total Monthly Price
Cobblestone at Eagle Harbor

The Julington

Integra Park at Oakleaf

Total Monthly Price
The Villages at Oakleaf
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.

Total Monthly Price
Villas Continental

Admiral Apartments

1337 Delaware Pl

1343 Jefferson Ave

3165 Ravines Rd

The Park at Matera
1270 Ticonderoga Trail

1757 Freedom 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.

1751 Freedom Dr

Cypress Pointe

154 Governor St
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 | $365 | $1,462 |
| Penney Farms 1 Bedroom Apartments | $1,378 | $1,000 | $2,179 |
| Penney Farms 2 Bedroom Apartments | $1,537 | $1,000 | $2,384 |
| Penney Farms 3 Bedroom Apartments | $2,063 | $1,175 | $2,699 |
| Penney Farms 4 Bedroom Apartments | $2,334 | $2,122 | $2,611 |
Browse Top Apartments in Penney Farms
See all Apartments in Penney FarmsExplore Penney Farms
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 $365. 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 | $365 |
| Hunters Run | ANDALUCIAN | 1BR,1BA | $799 |
| Lindsey Terrace Apartments | Two Bedroom Two Bathroom 60% | 2BR,2BA | $1,000 |
| Laurel Grove Apartment Homes | 1 Bed 1 Bath | 1BR,1BA | $1,000 |
| Victoria at Orange Park | Canyon | 1BR,1BA | $1,005 |
| St Johns Landing Apartments | One Bedroom Loft | 1BR,1BA | $1,015 |
| Arbors at Orange Park | A1: 1 Bed 1 Bath | 1BR,1BA | $1,098 |
| Park Village | 1x1 | 1BR,1BA | $1,100 |
| Jefferson Way | One Bed One Bath Standard | 1BR,1BA | $1,140 |
| Alexander Pointe | The Jasmine Standard | 2BR,2BA | $1,142 |
Best Value Apartments for Rent in Penney Farms, FL and Nearby
As of July 29, 2026 the best value apartment in the Penney Farms area is the $1.28 price per square foot Keaton Model at Discovery Trails Townhomes in the in the Orange Park neighborhood starting from $2,306. The second greatest value Penney Farms apartment is the C1 Model at The Villages at Oakleaf starting at $1,788 with a $1.27 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. |
|---|---|---|---|
| Discovery Trails Townhomes | Keaton | 3BR,2.5BA | $1.28 |
| The Villages at Oakleaf | C1 | 3BR,2BA | $1.27 |
| Cypress Pointe | 2 | 2BR,2BA | $1.18 |
| The Park at Matera | 2/1 HL | 2BR,1BA | $1.14 |
| Parkland at Orange Park | Live Oak | 3BR,2BA | $1.28 |
| The Park at Blanding | 2x1 Large | 2BR,1BA | $1.34 |
| Laurel Grove Apartment Homes | 1 Bed 1 Bath | 1BR,1BA | $1.21 |
| 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 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.

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.