Cheap Apartments for Rent in Penland, NC from $600 (14 Rentals)

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Search the lowest-cost Apartments available for rent right now in Penland.

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Penland, NC Local Guide

Cheapest Available Penland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Penland, NC is a Studio unit found at 197 Old US Highway 321 priced from $775. The Cottages of Boone has the second lowest priced unit, which is a 5 Beds apartment currently listed from $895. Here is today’s list of the most affordable Penland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
197 Old US Highway 321Standard Studio EfficiencyStudio,1BA$775
The Cottages of BooneE4 Duplex5BR,5BA$895
Presswood Court1 Bedroom1BR,1BA$895
Orleans Terrace Apartments2BR502BR,2BA$910
Blue Ridge Apartments1 Bed x 1 Bath1BR,1BA$1,000

Best Value Apartments for Rent in Penland, NC and Nearby

As of February 15, 2025 the best value apartment in the Penland area is the $0.82 price per square foot 2 Bedroom Model at 28 Park Ave in the starting from $1,150. 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$0.82
The Cottages of BooneC3 Cottage3BR,3BA$0.77
Student Quarters Johnson City4x4 Super Deluxe4BR,4BA$0.50
Cedarbrook Apartments2 Bedroom - Standard2BR,1BA$0.97
Plaza View Luxury Condominiums2 Bed, 1.5 Bath Model2BR,1.5BA$1.18
Woodbridge Apartments2 Bedroom Townhouse2BR,1.5BA$1.22
Park Place Apartments2 Bed x 2 Bath2BR,2BA$1.06
Monarch 8152BR2BR,2BA$0.86
Orleans Terrace Apartments2BR502BR,2BA$1.02
Presswood Court1 Bedroom1BR,1BA$1.05

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Frequently Asked Questions about Cheap Penland Apartments

What is the Cheapest Studio apartment in Penland?

Currently the most affordable Cheap Studio Apartment in Penland is at 197 Old US Highway 321 listed at $775.

How much is rent for a Cheap One Bedroom Penland Apartment?

The lowest price for a Cheap One Bedroom Penland Apartment is $895 at Presswood Court.

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 $910 at Orleans Terrace 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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

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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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Signing Your Apartment Lease: The Basics

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When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.