Cheap Homes for Rent in Panama Park Neighborhood of Sunnyvale, CA from $2,000 (38 Rentals)

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Search the lowest-cost Homes available for rent right now in the Panama Park area of Sunnyvale.

property at 861 Burbank Dr

861 Burbank Dr

Santa ClaraCA95051
Showing Results 1-38, Page 1 of 1

Panama Park, Sunnyvale, CA Local Guide

Cheapest Available Panama Park Apartments for Rent

 

The cheapest available apartment rental in the Panama Park area of San Jose, CA is a 1 Bed unit found at Miramar priced from $1,850. Twin Pines Manor Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,988. Here are the most affordable Panama Park apartments for rent in San Jose, CA:

Apartment ListingModel NameBed/BathPriced From
Miramar41BR,1BA$1,850
Twin Pines Manor ApartmentsPR-StudioStudio,1BA$1,988
Bali Hai Garden ApartmentsStudioStudio,1BA$2,045
Remington Place ApartmentsRemodeled StudioStudio,1BA$2,100
Marina PlayaOne Bedroom La Paloma1BR,1BA$2,145
The Highlander1x1S1BR,1BA$2,195
Sunnyvale ApartmentsUnit 01Studio,1BA$2,195
Mathilda Garden Apartments1-Bed x 1-Bath1BR,1BA$2,250
Village Green ApartmentsOne Bedroom/1 Bath1BR,1BA$2,295
The Orchard at Sunnyvale1x11BR,1BA$2,295

Best Value Apartments for Rent in Panama Park, CA

As of November 16, 2025 the best value apartment in the Panama Park area is the $2.40 price per square foot 2BR/2.0BA Model at Ranchero in the in the North San Jose neighborhood starting from $3,449. The second greatest value Panama Park apartment is the Townhouse Model at Stevens Creek Villas starting at $4,300 with a $3.19 price per square foot in the Rancho Rinconada neighborhood. Here is today’s list of the best values for Panama Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ranchero2BR/2.0BA2BR,2BA$2.40
Stevens Creek VillasTownhouse2BR,2.5BA$3.19
Bradley ApartmentsUPDATED 2BR/1.5BA2BR,1.5BA$2.69
678 BellflowerThe Preserve2BR,1.5BA$3.25
Village Square Townhouses2 Beds, 1.5 Baths2BR,1.5BA$3.30
Thunderbird2BR/1.0BA2BR,1BA$3.13
364-366 W Olive Ave1x11BR,1BA$2.85
Willowbend ApartmentsB12BR,2BA$3.24
Bonnie Terrace ApartmentsDel Mar2BR,1BA$2.85
Vista Pointe1/11BR,1BA$3.24

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Pet Friendly Lifestyle
Panama Park, Sunnyvale, CA

Ranked #5

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Panama Park, Sunnyvale, CA

School data provided by Great Schools

Frequently Asked Questions about Panama Park

What type of rentals are currently available in Panama Park?

There are currently 1198 Apartments for Rent in Panama Park, CA with pricing that ranges from $1,652 to $11,832. There are also 111 Single Family Homes for rent, Condos, and Townhome rentals currently available in Panama Park ranging from $2,000 to $8,060.

What is the current price range for Rental Homes in Panama Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Panama Park ranges from $2,000 to $8,060 with an average monthly rent of $4,730.

How much are larger Three and Four Bedroom Rentals in Panama Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Panama Park range from $3,295 to $11,304, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,800 to $6,960. Four Bedroom Single-Family rentals are also available starting from $4,495 and Four Bedroom Apartments start at $5,195.

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 A Local Expert's Guide to the Top 10 Best Affordable Neighborhoods for Renters in San Jose article

A Local Expert's Guide to the Top 10 Best Affordable Neighborhoods for Renters in San Jose

Written by: Shannon Hilson

If you’ve spent much time in San Jose, you’ve likely heard it referred to as “the capital of Silicon Valley” a time or two, and with good reason. San Jose has it all when it comes to the modern California lifestyle and then some.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.