Cheap Homes for Rent near Sumatra, FL from $1,275 (7 Rentals)

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property at 126 Kristine Blvd
$1,300
2 Bedroom Rentals
Available Now
Affordability

126 Kristine Blvd

Panama CityFL32404

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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$935

Best Value Apartments for Rent in Sumatra, FL and Nearby

As of September 06, 2026 the best value apartment in the Sumatra area is the $1.28 price per square foot 3 bedroom Model at Bridge Harbor Townhomes in the starting from $1,900. The second greatest value Sumatra apartment is the Great Blue Heron Model at The Enclave starting at $1,700 with a $1.15 price per square foot in the SweetBay neighborhood. 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.
Bridge Harbor Townhomes3 bedroom3BR,2.5BA$1.28
The EnclaveGreat Blue Heron3BR,2BA$1.15
The Premier Townhomes @ 1694Roma4BR,4BA$1.23
Arbor Trace Apartment HomesSilver Bell2BR,2BA$1.14
Waterstone at JenksThe Onyx3BR,2BA$1.29
Arbours at Quincy3 Bedroom3BR,2BA$0.96
Aztec Villa ApartmentsTwo Bedroom with Washer & Dryer2BR,2BA$1.14
Pinnacle at Hammock Place2x22BR,2BA$1.13
Palm Court Apartments3 Bed 1 Bath3BR,1BA$1.17
Arbor Crest Apartments2BR2BR,2BA$1.26

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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Navigating 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.

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Real 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.

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Frequently Asked Questions about Sumatra

What type of rentals are currently available in Sumatra?

There are currently 46 Apartments for Rent in Sumatra, FL with pricing that ranges from $895 to $2,780. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sumatra ranging from $1,275 to $3,800.

What is the current price range for Rental Homes in Sumatra?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Sumatra ranges from $1,275 to $3,800 with an average monthly rent of $2,126.

How much are larger Three and Four Bedroom Rentals in Sumatra?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Sumatra range from $1,095 to $2,646, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $1,295.

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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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.

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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.

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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.

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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.