Cheap Homes for Rent in the Panama Park Neighborhood of Sunnyvale, CA from $900 (17 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 819 Rubis Dr

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950
Total Monthly Price
$1,950

1 Bedroom, 1 Bath Home for Rent

Available Jul 15

819 Rubis Dr, Unit Private Suite

819 Rubis Dr
SunnyvaleCA94087
property at 929 Reed Ave

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500
Total Monthly Price
$2,500

4 Bedroom, 2.5 Bath Home for Rent

Available Now

929 Reed Ave

SunnyvaleCA94086

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article
property at 10065 Judy Ave

$3,130

Total Monthly Price

Total Monthly Price

Base Rent
$3,130
Total Monthly Price
$3,130

2 Bedroom, 2 Bath Rentals

Available Mar 1, 2027

10065 Judy Ave

CupertinoCA95014

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.

Read Article

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.

Read Article
Showing Results 1-17, 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 Studio unit found at Calabazas Community Apartments priced from $1,495. Westport Senior has the second lowest priced unit, which is a Studio apartment currently listed from $1,652. Here are the most affordable Panama Park apartments for rent in San Jose, CA:

Apartment ListingModel NameBed/BathPriced From
Calabazas Community ApartmentsStudioStudio,1BA$1,495
Westport SeniorStudioStudio,1BA$1,652
Miramar41BR,1BA$1,850
North Colonial House1B/1BA - Medium1BR,1BA$1,895
Bali Hai Garden ApartmentsStudioStudio,1BA$2,045

Best Value Apartments for Rent in Panama Park, CA

As of July 12, 2026 the best value apartment in the Panama Park area is the $3.26 price per square foot 2 Bedroom 2 Bath Model at Encinal Place in the in the North San Jose neighborhood starting from $3,895. The second greatest value Panama Park apartment is the Two Bedroom 1.5 Bath Model at Casa Alberta Apartments starting at $3,595 with a $3.27 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.
Encinal Place2 Bedroom 2 Bath2BR,2BA$3.26
Casa Alberta ApartmentsTwo Bedroom 1.5 Bath2BR,1.5BA$3.27
Thunderbird3BR/1.0BA3BR,1BA$3.36
Village Square Townhouses2 Beds, 1.5 Baths2BR,1.5BA$3.30
Central ParkLakewod1BR,1BA$3.30
364-366 W Olive Ave1 Bed / 1 Bath1BR,1BA$3.35
Vista Pointe1/11BR,1BA$3.30
North Colonial House1 Bedroom - S1BR,1BA$3.20
Miramar41BR,1BA$3.36
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.

Read Article
Decorative image

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.

Read Article
Decorative image

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

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

decorative image of woman handing cat to small boy

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 1202 Apartments for Rent in Panama Park, CA with pricing that ranges from $1,495 to $11,785. There are also 74 Single Family Homes for rent, Condos, and Townhome rentals currently available in Panama Park ranging from $920 to $9,800.

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 $920 to $9,800 with an average monthly rent of $5,317.

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 $3,360 to $11,785, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,495 to $6,795. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $6,149.

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.

Helpful Local Expert Guides

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.

decorative image for Beyond Campus: Finding Your Perfect San Jose Student Apartment and Neighborhood article

Beyond Campus: Finding Your Perfect San Jose Student Apartment and Neighborhood

Written by: Shannon Hilson

Sunny San Jose is so much more than just an incredible place to go to school, get an education, and prepare for the next chapter of your life.

decorative image for Living and Working in San Jose: A Local Expert's Guide to the Best Neighborhoods to Rent Near San Joses Top Employers article

Living and Working in San Jose: A Local Expert's Guide to the Best Neighborhoods to Rent Near San Joses Top Employers

Written by: Shannon Hilson

San Jose is absolutely one of those places where your zip code and your job eventually wind up in a very serious relationship.

Articles, How-To's, and Tips

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.