
Cheap Homes for Rent in Penitas, TX from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Penitas.


2510 US-83 BUS

2000 Circle Dr, Unit 16

825 S Mississippi St

2605 Tack Dr

1001 W La Pointe Ave

2107 Double Eagle Dr
Penitas, TX Local Guide

How much does it cost to rent a home in Penitas?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Penitas 2 Bedroom Homes for Rent | $1,180 | $725 | $1,900 |
Penitas 3 Bedroom Homes for Rent | $1,757 | $900 | $2,500 |
Penitas 4 Bedroom Homes for Rent | $1,600 | $1,350 | $1,750 |
Penitas 5 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
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Penitas, TX Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
La Villa De Alton | A1 | 1BR,1BA | $327 |
Reypres Villas | Studio | Studio,1BA | $550 |
Hibiscus Apartments | 1 Bedroom 1 Bath | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
St. Antimo Apartments | Two Bedroom | 2BR,2BA | $0.83 |
Danubia | 2X2.5 | 2BR,2.5BA | $0.82 |
Pueblo De Paz Apartments | 3 Bedroom | 3BR,2BA | $0.87 |
La Cantera Apartments Mission, Texas | 2 bed/ 2 bath | 2BR,2BA | $0.85 |
San Jacinto Apartments #3 | Unit 5 | 2BR,2BA | $0.88 |
Palma Vista | 1BR | 1BR,1BA | $0.90 |
Royal Oaks Apartments | A1 | 1BR,1BA | $0.94 |
Atrium Place | Vestibule | 1BR,1.5BA | $0.92 |
3802 Clavel Rd, Unit 2 | 3802 Clavel Rd | 2BR,1BA | $0.82 |
La Villa De Alton | A1 | 1BR,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.

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.