
Cheap Apartments for Rent in Penhook, VA from $600 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Penhook.


Northpointe

The Everett

School Drive Apartments

Chatham Lofts

Chief Tassel

832 Smith St

937 Banks Rd

1020 Jamison Ave SE

1301 3rd St
Penhook, VA Local Guide

How much does it cost to rent an apartment in Penhook?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Penhook 1 Bedroom Apartments | $1,451 | $696 | $2,987 |
Penhook 2 Bedroom Apartments | $1,589 | $899 | $3,260 |
Penhook 3 Bedroom Apartments | $2,053 | $1,207 | $4,036 |
Penhook 4 Bedroom Apartments | $1,712 | $1,675 | $1,750 |
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Penhook, VA Local Guide
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Cheapest Available Penhook Apartments for Rent and Nearby
 The cheapest available apartment rental in Penhook, VA is a 2 Beds unit found at Ridge View in the Upper Martinsville neighborhood priced from $871. The Everett in the Gilmer neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $899. Here is today’s list of the most affordable Penhook apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Ridge View | 2 Bedroom | 2BR,1BA | $871 |
The Everett | 2 Bed 1 Bath - 2A | 2BR,1BA | $899 |
School Drive Apartments | One Bedroom | 1BR,1BA | $921 |
Mount Pleasant Villas | 1x1 | 1BR,1BA | $949 |
Chatham Lofts | One Bedroom Flat | 1BR,1BA | $975 |
Best Value Apartments for Rent in Penhook, VA and Nearby
As of March 14, 2025 the best value apartment in the Penhook area is the $0.96 price per square foot 3 Bedroom Model at Ridge View in the in the Upper Martinsville neighborhood starting from $1,006. The second greatest value Penhook apartment is the Renovated Two Bedroom Two Bathroom Model at Hickory Woods starting at $1,235 with a $1.37 price per square foot in the Gainsboro neighborhood. Here is today’s list of the best values for Penhook apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Ridge View | 3 Bedroom | 3BR,2BA | $0.96 |
Hickory Woods | Renovated Two Bedroom Two Bathroom | 2BR,2BA | $1.37 |
Glade Creek (I) | Renovated One Bedroom | 1BR,1BA | $1.37 |
Flats at Glade Creek | 2BR / 1BA | 2BR,1BA | $1.35 |
301 Gilmer Ave | 2 Beds, 1 Baths | 2BR,1BA | $1.24 |
The Vista at Orchards | 1BR | 1BR,1BA | $1.46 |
Honeywood Apartment Homes | 1 Bedroom | 1BR,1BA | $1.43 |
The Pines of Roanoke | The Pinewood | 1BR,1BA | $1.40 |
School Drive Apartments | One Bedroom | 1BR,1BA | $1.31 |
Chatham Lofts | One Bedroom Flat | 1BR,1BA | $1.50 |
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Getting Around Penhook, VA
Walk Score®
4 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
9 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Penhook Apartments
How much is rent for a Cheap One Bedroom Penhook Apartment?
The lowest price for a Cheap One Bedroom Penhook Apartment is $921 at School Drive Apartments.
What is the lowest price for a Cheap Two Bedroom Penhook Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Penhook is starting from $871 at Ridge View.
What is the most affordable Penhook Three Bedroom Apartment?
The best deal on a cheap Penhook Three Bedroom Apartment rental is at Ridge View and starts from $1,006.
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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.