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Cheap Apartments for Rent in Penland, NC from $600 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in Penland.
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from $8251 to 2 Bedroom Apartments Available May 20
Greenwood Farms Apartments
2011 Signal DrJohnson City, TN 37604
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from $8501 to 4 Bedroom Apartments Available May 28
Homestead Properties
1604 Cherokee RdJohnson City, TN 37604
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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from $8951 Bedroom Apartments Contact Us For Availability
Presswood Court
1840 Presswood RdJohnson City, TN 37604
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from $9291 to 3 Bedroom Apartments Contact Us For Availability
River View Townhomes
305 Stonewall Jackson DrElizabethton, TN 37643
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Rent Specials
from $9501 to 3 Bedroom Apartments Available Now
Sterling Hills
1 Milligan LnJohnson City, TN 37601
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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from $1,0001 to 3 Bedroom Apartments Available Now
101 Park Place Ave
101 Park Place AveMorganton, NC 28655
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1394 McGee St
MorgantonNC28655
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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Penland, NC Local Guide
North Carolina state flag by Mr.TinDC is licensed under CC BY 2.0
How much does it cost to rent an apartment in Penland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penland Studio Apartments | $837 | $800 | $875 |
| Penland 1 Bedroom Apartments | $1,343 | $825 | $1,932 |
| Penland 2 Bedroom Apartments | $1,602 | $799 | $2,386 |
| Penland 3 Bedroom Apartments | $1,927 | $1,040 | $2,583 |
| Penland 4 Bedroom Apartments | $1,318 | $615 | $2,500 |
Browse Top Apartments in Penland
See all Apartments in PenlandExplore Penland
Penland, NC Local Guide
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Cheapest Available Penland Apartments for Rent and Nearby
The cheapest available apartment rental in Penland, NC is a 1 Bed unit found at Watauga Square in the Downtown Johnson City neighborhood priced from $817. The Cottages of Boone has the second lowest priced unit, which is a 5 Beds apartment currently listed from $879. Here is today’s list of the most affordable Penland apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Watauga Square | 1 Bedroom 1 Bathroom | 1BR,1BA | $817 |
| The Cottages of Boone | E4 Duplex | 5BR,5BA | $879 |
| Presswood Court | 1 Bedroom | 1BR,1BA | $895 |
Best Value Apartments for Rent in Penland, NC and Nearby
As of May 19, 2025 the best value apartment in the Penland area is the $0.77 price per square foot C3 Cottage Model at The Cottages of Boone in the starting from $1,040. The second greatest value Penland apartment is the Biltmore Model at The Retreat at Weaverville starting at $1,799 with a $1.34 price per square foot in the Little Flat Creek neighborhood. Here is today’s list of the best values for Penland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Cottages of Boone | C3 Cottage | 3BR,3BA | $0.77 |
| The Retreat at Weaverville | Biltmore | 3BR,2BA | $1.34 |
| Student Quarters Johnson City | 4x4 Super Deluxe | 4BR,4BA | $0.52 |
| 101 Park Place Ave | 3 BR | 3BR,2BA | $1.25 |
| 197 Old US Highway 321 | Cedar Chalet | 3BR,1.5BA | $0.67 |
| Plaza View Luxury Condominiums | 2 Bed, 1.5 Bath Model | 2BR,1.5BA | $1.18 |
| Park Place Apartments | 2 Bed x 2 Bath | 2BR,2BA | $1.24 |
| Monarch 815 | 2BR | 2BR,2BA | $0.86 |
| Stoneybrook Heights Apartments | 2 Bed x 2 Bath | 2BR,2BA | $1.36 |
| Presswood Court | 1 Bedroom | 1BR,1BA | $1.05 |
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Explore Penland, NC Rentals by Map
See the most popular apartments and homes in Penland, NC
Penland, NC Apartments MapPenland, NC Rental Homes MapFrequently Asked Questions about Cheap Penland Apartments
How much is rent for a Cheap One Bedroom Penland Apartment?
The lowest price for a Cheap One Bedroom Penland Apartment is $817 at Watauga Square.
What is the lowest price for a Cheap Two Bedroom Penland Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Penland is starting from $1,145 at Charleston Square Townhomes.
What is the most affordable Penland Three Bedroom Apartment?
The best deal on a cheap Penland Three Bedroom Apartment rental is at The Cottages of Boone and starts from $1,040.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.