
Cheap Apartments for Rent in Penfield, PA from $500 (27 Rentals)
Cheap Apartments in Penfield.


Regency Commons

Hyman Hills Apartments

University Terrace Apartments

Turtle Creek Apartments at Toftrees

Addison Court 55+ Living

Toftrees

Vairo Village
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Brickwork Properties Communities

Wolf Run Manor Townhomes

College Park

301 Grand Ave

114 S 2nd St

702 Don St

241 N Thomas St

86 Pine Air Ct

235 N Ridge St

233 N Ridge 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.

29 Pine Air Ct

244 E Nittany Ave

72 Colorado Dr

511.5 E Beaver Ave

250 Virgin Alley
Penfield, PA Local Guide

How much does it cost to rent an apartment in Penfield?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Penfield Studio Apartments | $1,255 | $999 | $1,575 |
Penfield 1 Bedroom Apartments | $1,424 | $550 | $2,300 |
Penfield 2 Bedroom Apartments | $1,494 | $629 | $3,096 |
Penfield 3 Bedroom Apartments | $1,724 | $839 | $4,185 |
Penfield 4 Bedroom Apartments | $1,258 | $739 | $1,810 |
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Penfield, PA Local Guide
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Cheapest Available Penfield Apartments for Rent and Nearby
 The cheapest available apartment rental in Penfield, PA is a 1 Bed unit found at Eagle Park Apartments priced from $550. Hyman Hills Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $790. Here is today’s list of the most affordable Penfield apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Eagle Park Apartments | Small Studio w/AC | 1BR,1BA | $550 |
Hyman Hills Apartments | Two Bedroom | 2BR,1BA | $790 |
oLiv Highland | 4X4 C | 4BR,4BA | $999 |
University Terrace Apartments | Efficiency unfurnished & furnished | Studio,1BA | $999 |
Addison Court 55+ Living | Studio, 1 bath | Studio,1BA | $1,011 |
Park Hill | 1x1 B | 1BR,1BA | $1,095 |
Vairo Village | Junior Studio | Studio,1BA | $1,115 |
Brickwork Properties Communities | Studio Apt, 1 Bath | Studio,1BA | $1,161 |
511 Calder | 7 Bedroom, 3 Bath | 7BR,3BA | $1,185 |
Wolf Run Manor Townhomes | Baby | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Penfield, PA and Nearby
As of May 03, 2025 the best value apartment in the Penfield area is the $1.42 price per square foot 2BR/2 BATH W/FP Model at Marion Place in the starting from $2,022. The second greatest value Penfield apartment is the Three Bedroom Townhome Model at The Villas at Happy Valley starting at $765 with a $0.61 price per square foot . Here is today’s list of the best values for Penfield apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Marion Place | 2BR/2 BATH W/FP | 2BR,2BA | $1.42 |
The Villas at Happy Valley | Three Bedroom Townhome | 3BR,3.5BA | $0.61 |
Wolf Run Manor Townhomes | Platinum | 2BR,1.5BA | $1.28 |
oLiv Highland | 4X2 A | 4BR,2BA | $1.43 |
The View | 2x2 Standard | 2BR,2BA | $1.00 |
The Pointe at State College | 3 Bedroom/3 Bath | 3BR,3BA | $0.91 |
Altoona Student Housing | 1 Bed | 1BR,1BA | $0.46 |
The Bryn | 2BR/2BA- Sold Out! | 2BR,2BA | $1.17 |
Tremont | 2BR/2BA | 2BR,2BA | $1.26 |
Hyman Hills Apartments | Two Bedroom | 2BR,1BA | $1.13 |
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Frequently Asked Questions about Cheap Penfield Apartments
What is the Cheapest Studio apartment in Penfield?
Currently the most affordable Cheap Studio Apartment in Penfield is at University Terrace Apartments listed at $999.
How much is rent for a Cheap One Bedroom Penfield Apartment?
The lowest price for a Cheap One Bedroom Penfield Apartment is $550 at Eagle Park Apartments.
What is the lowest price for a Cheap Two Bedroom Penfield Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Penfield is starting from $750 at Eagle Park Apartments.
What is the most affordable Penfield Three Bedroom Apartment?
The best deal on a cheap Penfield Three Bedroom Apartment rental is at Hyman Hills Apartments and starts from $890.
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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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.