
Cheap Homes for Rent in Penhook, VA from $700 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Penhook.


1006 E St

86 Cooks Park Dr

937 Banks Rd

224 Pine St

180 Blairs Cir

85 Wilson St

1014 Adele St

1301 3rd St

426 Walnut Ave SE

2504 Longview Ave SW

905-913 13th St

1119 Drewry Rd

50 Trail Dr

6941 Dyer Store Rd
Penhook, VA Local Guide

How much does it cost to rent a home in Penhook?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Penhook 2 Bedroom Homes for Rent | $1,232 | $750 | $2,300 |
Penhook 3 Bedroom Homes for Rent | $1,620 | $900 | $2,500 |
Penhook 4 Bedroom Homes for Rent | $2,566 | $1,925 | $2,975 |
Penhook 5 Bedroom Homes for Rent | $1,950 | $1,950 | $1,950 |
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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 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 |
Stone Ridge Apartments | 2 bedroom deluxe | 2BR,1BA | $910 |
School Drive Apartments | One Bedroom | 1BR,1BA | $921 |
Best Value Apartments for Rent in Penhook, VA and Nearby
As of April 13, 2025 the best value apartment in the Penhook area is the $1.42 price per square foot Renovated Three Bedroom Model at Glade Creek (I) in the in the Gainsboro neighborhood starting from $1,865. The second greatest value Penhook apartment is the 2BR Model at The Vista at Orchards starting at $1,299 with a $1.15 price per square foot in the Williamson Road 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 | $1.42 |
The Vista at Orchards | 2BR | 2BR,2BA | $1.15 |
The Pines of Roanoke | The Whispering Pine | 3BR,2BA | $1.41 |
Blue Ridge Village Senior Property | 2 Bedroom | 2BR,1.5BA | $0.75 |
Ridge View | 3 Bedroom | 3BR,2BA | $0.96 |
Hickory Woods | Renovated Two Bedroom Two Bathroom | 2BR,2BA | $1.45 |
Flats at Glade Creek | 2BR / 1BA | 2BR,1BA | $1.35 |
301 Gilmer Ave | 2 Beds, 1 Baths | 2BR,1BA | $1.24 |
Honeywood Apartments | 1 Bedroom | 1BR,1BA | $1.43 |
School Drive Apartments | One Bedroom | 1BR,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 $3,991. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penhook ranging from $750 to $2,975.
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 $750 to $2,975 with an average monthly rent of $1,688.
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 $3,991, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,925 and Four Bedroom Apartments start at $1,725.
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.