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


Hunters Run

St Johns Landing Apartments

Laurel Grove Apartment Homes

Lindsey Terrace Apartments

Molly Crossing Apartments

Parkland at Orange Park

Macie Creek 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.

Park Village

Riverside at Orange Park

Jefferson Way

Nathan Ridge

Total Monthly Price
Alexander Pointe

Sydney Trace Apartments

Victoria at Orange Park

The Park at Blanding
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.

Total Monthly Price
Edge at Lakeside

Arbors at Orange Park

Total Monthly Price
Reserve at Orange Park

Townhomes at Maverick Trails

MAA Fleming Island

Argyle Lake at Oakleaf Town Center

Flats at Maverick Trails

Villas Continental
Cash 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.

Ascend At Clay Town Center

Cobblestone at Eagle Harbor

The Station at Fleming Island

Longleaf at St. Johns

Oakleaf Plantation Apartments

Integra Park at Oakleaf

The Julington

The Villages at Oakleaf
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.

4085 Pier Station Rd E

Admiral Apartments

3155 Ravines Rd

3165 Ravines Rd

Cypress Pointe

The Park at Matera

4027 Everett Ave

2200 Marsh Hawk Ln
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.

154 Governor St

4085 Pier Station Rd E

2930 Ravines Rd
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 | $900 | $2,025 |
| Penney Farms 2 Bedroom Apartments | $1,547 | $1,000 | $3,028 |
| Penney Farms 3 Bedroom Apartments | $2,080 | $1,175 | $2,699 |
| Penney Farms 4 Bedroom Apartments | $2,070 | $1,902 | $2,230 |
Browse Top Apartments in Penney Farms
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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 Candlewood Cove neighborhood priced from $365. Hunters Run in the Oakleaf Plantation 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 |
| St Johns Landing Apartments | One Bedroom Garden | 1BR,1BA | $900 |
| Lindsey Terrace Apartments | Two Bedroom Two Bathroom 60% | 2BR,2BA | $1,000 |
| Laurel Grove Apartment Homes | 1 Bed 1 Bath | 1BR,1BA | $1,000 |
| Parkland at Orange Park | Cypress | 1BR,1BA | $1,081 |
| Park Village | 1x1 | 1BR,1BA | $1,100 |
| Jefferson Way | One Bed One Bath Standard | 1BR,1BA | $1,135 |
| Alexander Pointe | The Laurel Standard | 1BR,1BA | $1,152 |
| Victoria at Orange Park | Adair | 1BR,1BA | $1,205 |
Best Value Apartments for Rent in Penney Farms, FL and Nearby
As of June 14, 2026 the best value apartment in the Penney Farms area is the $1.23 price per square foot Harper Model at Discovery Trails Townhomes in the in the Kindlewood neighborhood starting from $2,123. The second greatest value Penney Farms apartment is the Seabreeze Model at Coral Palms at Oakleaf starting at $2,449 with a $1.44 price per square foot in the Oakleaf Plantation 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 | Harper | 3BR,2.5BA | $1.23 |
| Coral Palms at Oakleaf | Seabreeze | 3BR,2.5BA | $1.44 |
| The Villages at Oakleaf | B2 | 2BR,2BA | $1.17 |
| Cypress Pointe | 3 | 3BR,2BA | $1.41 |
| Longleaf at St. Johns | Sycamore | 2BR,2BA | $1.42 |
| Edge at Lakeside | C2 | 3BR,2BA | $1.31 |
| Townhomes at Maverick Trails | 3BR/2.5BA | 3BR,2.5BA | $1.35 |
| Laurel Grove Apartment Homes | 1 Bed 1 Bath | 1BR,1BA | $1.21 |
| 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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.