Cheap Apartments for Rent in the Palm Terrace Neighborhood of Gainesville, FL from $600 (4 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Palm Terrace area of Gainesville.

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Midtown
Studio to 4 Bedroom Apartments

Midtown

104 NW 17th StGainesville, FL 32603
Student Housing
  • Utilities Included
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Hammocks at Camelot
1 Bedroom Apartments

Hammocks at Camelot

328 SW 34th StGainesville, FL 32607
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Palm Terrace, Gainesville, FL Local Guide

Best Value Apartments for Rent in Palm Terrace, FL

As of April 27, 2025 the best value apartment in the Palm Terrace area is the $1.55 price per square foot Westin Quartz Model at Cobblestone in the in the Highland Court Manor neighborhood starting from $1,979. The second greatest value Palm Terrace apartment is the 2BR/2BA Model at Varsity House Gainesville starting at $799 with a $0.84 price per square foot in the Golfview neighborhood. Here is today’s list of the best values for Palm Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
CobblestoneWestin Quartz2BR,2BA$1.55
Varsity House Gainesville2BR/2BA2BR,2BA$0.84
Canopy Apartments2x2 Standard2BR,2BA$1.04
Robert's Stadium ClubOne Bedroom1BR,1BA$2.16
College Park at MidtownThe Avenues A4 with Premium Finishes2BR,2BA$2.18
The Ridge on 34th1 Bedroom 1 Bathroom1BR,1BA$1.51
Gardenview Apartments1 Bedroom 1 Bathroom1BR,1BA$1.46
Lux 13Orion w/ Wood Style Floors1BR,1BA$2.43
MirabellaOne Bedroom Standard1BR,1BA$2.07
Camelot Apartments1/1 Village1BR,1BA$2.00

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Pet Friendly Lifestyle

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Frequently Asked Questions about Cheap Palm Terrace Apartments

What is the price of a cheap apartment in Palm Terrace?

The cheapest apartment in Palm Terrace is Gardenview Apartments which is listed at $1,050, while the average apartment in Palm Terrace costs $1,460.

What types of apartments are the cheapest in Palm Terrace?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 117 regular apartments in Palm Terrace that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Palm Terrace?

Cheap apartments in Palm Terrace have an average cost of $887 which is $573 cheaper than the average rent for all rentals in Palm Terrace.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.