Cheap Homes for Rent in Panama Park Neighborhood of Sunnyvale, CA from $1,100 (20 Rentals)

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

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.

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property at 861 Burbank Dr

$3,100

2 Bedroom, 1 Bath Condo for Rent

Available Now

861 Burbank Dr

Santa ClaraCA95051

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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property at 424 S Frances St

$3,250

1 Bedroom, 1 Bath Home for Rent

Available Now

424 S Frances St

SunnyvaleCA94086

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.

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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 Studio unit found at Westport Senior priced from $1,652. Miramar has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,850. Here are the most affordable Panama Park apartments for rent in San Jose, CA:

Apartment ListingModel NameBed/BathPriced From
Westport SeniorStudioStudio,1BA$1,652
Miramar41BR,1BA$1,850
North Colonial House1B/1BA - Medium1BR,1BA$2,000
Mathilda Garden ApartmentsStudioStudio,1BA$2,025
Bali Hai Garden ApartmentsStudioStudio,1BA$2,045

Best Value Apartments for Rent in Panama Park, CA

As of January 07, 2026 the best value apartment in the Panama Park area is the $3.19 price per square foot Townhouse Model at Stevens Creek Villas in the in the Rancho Rinconada neighborhood starting from $4,300. The second greatest value Panama Park apartment is the 2BR/1.5BA with Wood floors and patio Model at Bradley Apartments starting at $3,095 with a $2.69 price per square foot in the Community Center 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.
Stevens Creek VillasTownhouse2BR,2.5BA$3.19
Bradley Apartments2BR/1.5BA with Wood floors and patio2BR,1.5BA$2.69
Gallatin Apartments2 Bedroom, 1 Bath2BR,1BA$2.80
364-366 W Olive Ave1x11BR,1BA$2.85
1034 W Iowa Ave, Unit Sunnyvale apartment1034 W Iowa Ave2BR,1BA$2.50
Vista Pointe1/11BR,1BA$3.24
Village Green ApartmentsTwo Bedroom/1Bath2BR,1BA$3.24
Oakridge ApartmentsOne Bedroom A1BR,1BA$3.18
North Colonial House1B/1BA - Medium1BR,1BA$2.86
Westport SeniorStudioStudio ,1BA$3.14

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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.

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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 $11,610. There are also 83 Single Family Homes for rent, Condos, and Townhome rentals currently available in Panama Park ranging from $1,100 to $8,040.

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 $1,100 to $8,040 with an average monthly rent of $4,945.

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 $9,955, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,400 to $6,370. Four Bedroom Single-Family rentals are also available starting from $5,140 and Four Bedroom Apartments start at $6,247.

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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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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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.