Cheap Apartments for Rent in Penland, NC from $600 (12 Rentals)

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200-206 S Boone St
1 Bedroom Apartments

200-206 S Boone St

200-206 S Boone StJohnson City, TN 37604
  • Utilities Included
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Eli's Place
1 Bedroom Apartments

Eli's Place

3529 W Walnut StJohnson City, TN 37604

Penland, NC Local Guide

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 ListingModel NameBed/BathPriced From
Watauga Square1 Bedroom 1 Bathroom1BR,1BA$817
The Cottages of BooneE3 Triplex5BR,5BA$879
Presswood Court1 Bedroom1BR,1BA$895
Sterling HillsGarden_First Floor1BR,1BA$950
Axis on Roan1 Bed x 1 Bath1BR,1BA$1,000

Best Value Apartments for Rent in Penland, NC and Nearby

As of April 16, 2025 the best value apartment in the Penland area is the $0.86 price per square foot 2 Bedroom Model at 28 Park Ave in the starting from $1,200. The second greatest value Penland apartment is the C3 Cottage Model at The Cottages of Boone starting at $1,040 with a $0.77 price per square foot . Here is today’s list of the best values for Penland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
28 Park Ave2 Bedroom2BR,1.5BA$0.86
The Cottages of BooneC3 Cottage3BR,3BA$0.77
Student Quarters Johnson City4x4 Super Deluxe4BR,4BA$0.52
197 Old US Highway 321Cedar Chalet3BR,1.5BA$0.67
Cedarbrook Apartments2 Bedroom - Garden2BR,2BA$1.16
Plaza View Luxury Condominiums2 Bed, 1.5 Bath Model2BR,1.5BA$1.18
Bost Road Apartments2 Bedroom2BR,1.5BA$1.24
Park Place Apartments2 Bed x 2 Bath2BR,2BA$1.06
Monarch 8152BR2BR,2BA$0.86
Presswood Court1 Bedroom1BR,1BA$1.05

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Frequently 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 $1,054 at Park Place Apartments.

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.

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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.