832 Smith St
MartinsvilleVA24112
Cheap Homes for Rent in Penhook, VA from $700 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Penhook.
1006 E St
MartinsvilleVA24112
224 Pine St
MartinsvilleVA24112
937 Banks Rd
MartinsvilleVA24112
1020 Jamison Ave SE
RoanokeVA24013
1014 Adele St
MartinsvilleVA24112
1301 3rd St
AltavistaVA24517
1107 Mountain View Rd
VintonVA24179
2885 Piney Rd
GretnaVA24557
50 Trail Dr
Rocky MountVA24151
219 Pine St
MartinsvilleVA24112
Showing Results 1-11, Page 1 of 1
Penhook, VA Local Guide
Yorktown, Virginia by mobili is licensed under CC BY 2.0
How much does it cost to rent a home in Penhook?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penhook 2 Bedroom Homes for Rent | $1,138 | $795 | $2,250 |
| Penhook 3 Bedroom Homes for Rent | $1,629 | $1,000 | $2,200 |
| Penhook 4 Bedroom Homes for Rent | $1,883 | $1,500 | $2,150 |
| Penhook 5 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
Browse Top Homes for Rent in Penhook
Explore Penhook
Penhook, VA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Blue Ridge Village Senior Property | 2 Bedroom | 2BR,1BA | $836 |
| 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 |
Best Value Apartments for Rent in Penhook, VA and Nearby
As of March 25, 2025 the best value apartment in the Penhook area is the $1.47 price per square foot Renovated Three Bedroom Model at Glade Creek (I) in the in the Gainsboro neighborhood starting from $1,930. The second greatest value Penhook apartment is the 2 Bedroom Model at Blue Ridge Village Senior Property starting at $836 with a $0.75 price per square foot in the Gilmer 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. |
|---|---|---|---|
| Glade Creek (I) | Renovated Three Bedroom | 3BR,2BA | $1.47 |
| Blue Ridge Village Senior Property | 2 Bedroom | 2BR,1.5BA | $0.75 |
| Ridge View | 3 Bedroom | 3BR,2BA | $0.96 |
| 301 Gilmer Ave | 2 Beds, 1 Baths | 2BR,1BA | $1.24 |
| The Vista at Orchards | 1BR | 1BR,1BA | $1.46 |
| The Pines of Roanoke | The Pinewood | 1BR,1BA | $1.44 |
| Honeywood Apartments | 1 Bedroom | 1BR,1BA | $1.43 |
| Pebble Creek Apartments | The Heron | 1BR,1BA | $1.49 |
| School Drive Apartments | One Bedroom | 1BR,1BA | $1.31 |
| Chatham Lofts | One Bedroom Flat | 1BR,1BA | $1.50 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Penhook area?
If you’re an expert on all things Penhook, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 33 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 $1,590.
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.
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.
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.
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.