Cheap Apartments for Rent in Sumatra, FL from $500 (16 Rentals)

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

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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.

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Pinnacle at Hammock Square
$939 - $1,315
Total Monthly Price

Total Monthly Price

Base Rent
$879 - $1,255
Required Monthly Fees
$60

Total Monthly Price
$939 - $1,315
1 to 3 Bedroom Apartments Available Now

Pinnacle at Hammock Square

2206 Hammock Square DrLynn Haven, FL 32444
Luxury
  • Verified
  • Utilities Included
  • Low Income

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.

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Bayside Villas
Rent Specials
$999 - $1,149
Total Monthly Price

Total Monthly Price

Base Rent
$991 - $1,141
Required Monthly Fees
$8

Total Monthly Price
$999 - $1,149
2 Bedroom Apartments Available Now

Bayside Villas

1406 S Berthe AvePanama City, FL 32404
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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The Arbors @ 15th
1 to 3 Bedroom Apartments

The Arbors @ 15th

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

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Sumatra, FL Local Guide

Cheapest Available Sumatra Apartments for Rent and Nearby

 

The cheapest available apartment rental in Sumatra, FL is a Studio unit found at Cottages by the Bay priced from $899. Cedar Trace Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Sumatra apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cottages by the BayStudioStudio,1BA$899
Cedar Trace Apartments1 bedroom1BR,1BA$900
Northgate Terrace IThe Kenley IIStudio,1BA$925
Tyndall Pointe Townhomes1 Bed 1 Bath Unit1BR,1BA$995
Bayside VillasThe Coral2BR,1BA$999

Best Value Apartments for Rent in Sumatra, FL and Nearby

As of February 21, 2026 the best value apartment in the Sumatra area is the $1.31 price per square foot Palm B Model at Parkview at Lynn Haven in the in the SweetBay neighborhood starting from $1,950. The second greatest value Sumatra apartment is the 3 bedroom Model at Bridge Harbor Townhomes starting at $1,800 with a $1.21 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.
Parkview at Lynn HavenPalm B3BR,2.5BA$1.31
Bridge Harbor Townhomes3 bedroom3BR,2.5BA$1.21
Arbor Trace Apartment HomesLaurel Oak2BR,2BA$1.22
Pointe Grand Panama City2 Bedroom, 2 Bathroom2BR,2BA$1.31
Ochlockonee Pointe Apartments3 Beds, 2 baths3BR,2BA$1.06
Pinnacle at Hammock Square2x22BR,2BA$1.07
Pinnacle at Hammock Place2x22BR,2BA$1.09
Arbor Crest Apartments2BR2BR,2BA$1.26
Tyndall Pointe Townhomes1 Bed 1 Bath Unit1BR,1BA$1.24
Cedar Trace Apartments1 bedroom1BR,1BA$1.30

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.

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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.

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

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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 $900 at Cedar Trace 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 $999 at Bayside Villas.

What is the most affordable Sumatra Three Bedroom Apartment?

The best deal on a cheap Sumatra Three Bedroom Apartment rental is at Cedar Trace Apartments and starts from $1,150.

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

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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.

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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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.