
Cheap Apartments for Rent in the Palm Terrace Neighborhood of Gainesville, FL from $600 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in the Palm Terrace area of Gainesville.


329 NW 16th St
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

How much does it cost to rent an apartment in Palm Terrace?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Palm Terrace Studio Apartments | $949 | $949 | $949 |
Palm Terrace 1 Bedroom Apartments | $1,388 | $950 | $2,000 |
Palm Terrace 2 Bedroom Apartments | $1,096 | $779 | $3,400 |
Palm Terrace 3 Bedroom Apartments | $911 | $639 | $3,200 |
Palm Terrace 4 Bedroom Apartments | $790 | $650 | $995 |
Browse Apartments in this Neighborhood
There are currently 4 rentals with your search options within a 1 mile radius of the Palm Terrace Neighborhood of Gainesville, FL.
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Palm Terrace, Gainesville, FL Local Guide
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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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Cobblestone | Westin Quartz | 2BR,2BA | $1.55 |
Varsity House Gainesville | 2BR/2BA | 2BR,2BA | $0.84 |
Canopy Apartments | 2x2 Standard | 2BR,2BA | $1.04 |
Robert's Stadium Club | One Bedroom | 1BR,1BA | $2.16 |
College Park at Midtown | The Avenues A4 with Premium Finishes | 2BR,2BA | $2.18 |
The Ridge on 34th | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.51 |
Gardenview Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.46 |
Lux 13 | Orion w/ Wood Style Floors | 1BR,1BA | $2.43 |
Mirabella | One Bedroom Standard | 1BR,1BA | $2.07 |
Camelot Apartments | 1/1 Village | 1BR,1BA | $2.00 |
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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.

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.

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.

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.

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.