Cheap Apartments for Rent in Sumatra, FL from $700 (13 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Sumatra.

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.

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.

close
View Me
The Arbors @ 15th
3 Bedroom Apartments

The Arbors @ 15th

265 W 15th StPanama City, FL 32401
  • Utilities Included

Sumatra, FL Local Guide

Cheapest Available Sumatra Apartments for Rent and Nearby

 

The cheapest available apartment rental in Sumatra, FL is a 1 Bed unit found at Arbor Crest Apartments in the Clemons Road neighborhood priced from $920. Cottages by the Bay has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here is today’s list of the most affordable Sumatra apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Arbor Crest Apartments1 BR1BR,1BA$920
Cottages by the Bay1 Bed/1 Bath1BR,1BA$1,050
Arbours at Quincy2 Bedroom2BR,2BA$1,065
Turtle LakeA11BR,1BA$1,152
Tyndall Pointe Luxury Townhomes1 Bed 1 Bath Unit1BR,1BA$1,195

Best Value Apartments for Rent in Sumatra, FL and Nearby

As of July 14, 2025 the best value apartment in the Sumatra area is the $1.42 price per square foot Alpine Model at Sunset Village in the starting from $2,200. The second greatest value Sumatra apartment is the 3 bedroom Model at Bridge Harbor Townhomes starting at $1,900 with a $1.28 price per square foot . Here is today’s list of the best values for Sumatra apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sunset VillageAlpine3BR,2BA$1.42
Bridge Harbor Townhomes3 bedroom3BR,2.5BA$1.28
Parkview at Lynn HavenPalm B3BR,2.5BA$1.24
North Bay LandingsTwo Bedroom2BR,2BA$1.50
Arbours at Quincy2 Bedroom2BR,2BA$0.95
Arbor Trace Apartment HomesTupelo1BR,1BA$1.31
Aztec Villa ApartmentsTwo Bedroom2BR,2BA$1.14
Waterstone at JenksThe Sapphire1BR,1BA$1.42
Tyndall Pointe Luxury Townhomes1 Bed 1 Bath Unit1BR,1BA$1.49
Arbor Crest Apartments1 BR1BR,1BA$1.42

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Sumatra, FL Rentals by Map

View MapSumatra, FL Apartments MapView MapSumatra, FL Rental Homes Map

Frequently Asked Questions about Cheap Sumatra Apartments

How much is rent for a Cheap One Bedroom Sumatra Apartment?

The lowest price for a Cheap One Bedroom Sumatra Apartment is $920 at Arbor Crest Apartments.

What is the lowest price for a Cheap Two Bedroom Sumatra Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Sumatra is starting from $1,065 at Arbours at Quincy.

What is the most affordable Sumatra Three Bedroom Apartment?

The best deal on a cheap Sumatra Three Bedroom Apartment rental is at Arbor Crest Apartments and starts from $1,260.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.