Cheap Homes for Rent in Penitas, TX from $700 (7 Rentals)

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property at 2510 US-83 BUS

2510 US-83 BUS

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Penitas, TX Local Guide

Cheapest Available Penitas Apartments for Rent and Nearby

 

The cheapest available apartment rental in Penitas, TX is a 1 Bed unit found at La Villa De Alton in the Meadow Ridge neighborhood priced from $327. Reypres Villas in the Outer Mission Alton neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $550. Here is today’s list of the most affordable Penitas apartments for rent:

Apartment ListingModel NameBed/BathPriced From
La Villa De AltonA11BR,1BA$327
Reypres VillasStudioStudio,1BA$550
Hibiscus Apartments1 Bedroom 1 Bath1BR,1BA$656

Best Value Apartments for Rent in Penitas, TX and Nearby

As of March 25, 2025 the best value apartment in the Penitas area is the $0.83 price per square foot Two Bedroom Model at St. Antimo Apartments in the in the East McAllen neighborhood starting from $1,080. The second greatest value Penitas apartment is the 2X2.5 Model at Danubia starting at $984 with a $0.82 price per square foot in the Northgate Crossing neighborhood. Here is today’s list of the best values for Penitas apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
St. Antimo ApartmentsTwo Bedroom2BR,2BA$0.83
Danubia2X2.52BR,2.5BA$0.82
Pueblo De Paz Apartments3 Bedroom3BR,2BA$0.87
La Cantera Apartments Mission, Texas2 bed/ 2 bath2BR,2BA$0.85
San Jacinto Apartments #3Unit 52BR,2BA$0.88
Palma Vista1BR1BR,1BA$0.90
Royal Oaks ApartmentsA11BR,1BA$0.94
Atrium PlaceVestibule1BR,1.5BA$0.92
3802 Clavel Rd, Unit 23802 Clavel Rd2BR,1BA$0.82
La Villa De AltonA11BR,1BA$0.46

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Frequently Asked Questions about Penitas

What type of rentals are currently available in Penitas?

There are currently 67 Apartments for Rent in Penitas, TX with pricing that ranges from $550 to $2,545. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penitas ranging from $725 to $2,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Penitas ranges from $725 to $2,500 with an average monthly rent of $1,659.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Penitas range from $999 to $2,000, 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 $1,350 and Four Bedroom Apartments start at $2,250.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

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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.

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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.

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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.