Cheap Homes for Rent in Panama Park Neighborhood of Sunnyvale, CA from $2,000 (12 Rentals)

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

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 228 Greendale Way

228 Greendale Way

San JoseCA95129

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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Showing Results 1-12, 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 Bali Hai Garden Apartments priced from $2,045. Oakridge Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $2,055. Here are the most affordable Panama Park apartments for rent in San Jose, CA:

Apartment ListingModel NameBed/BathPriced From
Bali Hai Garden ApartmentsStudioStudio,1BA$2,045
Oakridge ApartmentsJunior One BedroomStudio,1BA$2,055
The Highlander1x1S1BR,1BA$2,195
The Orchard at Sunnyvale1x11BR,1BA$2,295
PKSL1 Bedroom/ 1 Bath1BR,1BA$2,295

Best Value Apartments for Rent in Panama Park, CA

As of June 09, 2025 the best value apartment in the Panama Park area is the $2.89 price per square foot 2 Bedroom 2 Bath Model at Encinal Place in the in the North San Jose neighborhood starting from $3,125. The second greatest value Panama Park apartment is the 1737 Noranda Dr Model at 1737 Noranda Dr, Unit 1 starting at $2,900 with a $2.97 price per square foot in the South Los Altos 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$2.89
1737 Noranda Dr, Unit 11737 Noranda Dr2BR,1.5BA$2.97
364-366 W Olive Ave2x12BR,1BA$3.15
The LuxeModel 2B2BR,2BA$3.29
mResidences Silicon Valley2B2BR,2BA$3.49
Bradley ApartmentsUpstairs 1 Bedroom: Brand new wood floors1BR,1BA$2.94
PKSL2 Bedroom/ 1 Bath2BR,1BA$3.45
The Highlander1x1L1BR,1BA$3.37
Oakwood ApartmentsTwo Bedroom, One Bathroom2BR,1BA$3.37
Oakridge ApartmentsJunior One BedroomStudio ,1BA$3.21

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Frequently Asked Questions about Panama Park

What type of rentals are currently available in Panama Park?

There are currently 1192 Apartments for Rent in Panama Park, CA with pricing that ranges from $1,548 to $17,720. There are also 89 Single Family Homes for rent, Condos, and Townhome rentals currently available in Panama Park ranging from $2,000 to $6,000.

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 $6,000 with an average monthly rent of $4,261.

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 $10,755, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,600 to $5,900. Four Bedroom Single-Family rentals are also available starting from $6,000 and Four Bedroom Apartments start at $5,500.

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.

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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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.