Cheap Homes for Rent in Penhook, VA from $700 (9 Rentals)

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Penhook, VA Local Guide

Cheapest Neighborhoods for Apartments in Penhook, VA

Pricing Updated: 03/20/2025

Current apartment rentals in the Penhook, VA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Penhook Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units

Cheapest Available Penhook Apartments for Rent and Nearby

 

The cheapest available apartment rental in Penhook, VA is a 2 Beds unit found at Blue Ridge Village Senior Property in the Gilmer neighborhood priced from $836. Ridge View in the Upper Martinsville neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $871. Here is today’s list of the most affordable Penhook apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Blue Ridge Village Senior Property2 Bedroom2BR,1BA$836
Ridge View2 Bedroom2BR,1BA$871
The Everett2 Bed 1 Bath - 2A2BR,1BA$899

Best Value Apartments for Rent in Penhook, VA and Nearby

As of March 20, 2025 the best value apartment in the Penhook area is the $1.33 price per square foot Renovated Three Bedroom Model at Glade Creek (I) in the in the Gainsboro neighborhood starting from $1,755. The second greatest value Penhook apartment is the 3 BEDROOM Model at Bent Tree starting at $1,780 with a $1.48 price per square foot in the Hurt Park neighborhood. Here is today’s list of the best values for Penhook apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Glade Creek (I)Renovated Three Bedroom3BR,2BA$1.33
Bent Tree3 BEDROOM3BR,1BA$1.48
Blue Ridge Village Senior Property2 Bedroom2BR,1.5BA$0.75
Ridge View3 Bedroom3BR,2BA$0.96
Flats at Glade Creek2BR / 1BA2BR,1BA$1.35
301 Gilmer Ave2 Beds, 1 Baths2BR,1BA$1.24
The Vista at Orchards1BR1BR,1BA$1.46
Honeywood Apartments1 Bedroom1BR,1BA$1.43
The Pines of RoanokeThe Pinewood1BR,1BA$1.42
School Drive ApartmentsOne Bedroom1BR,1BA$1.31

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Frequently Asked Questions about Penhook

What type of rentals are currently available in Penhook?

There are currently 40 Apartments for Rent in Penhook, VA with pricing that ranges from $696 to $4,036. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penhook ranging from $795 to $2,250.

What is the current price range for Rental Homes in Penhook?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Penhook ranges from $795 to $2,250 with an average monthly rent of $1,608.

How much are larger Three and Four Bedroom Rentals in Penhook?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Penhook range from $1,150 to $4,036, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,675.

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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