
Cheap Apartments for Rent in Penn Valley, CA from $600 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in Penn Valley.


Jasmine Apartments

Casa Milano Apartments

Sandpiper Apartments

Northgate Terrace

Meadow Wood Condo Apartments

Eastgate Terrace Apartments

319 N School St
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.

10712 Banner Lava Cap Rd
Penn Valley, CA Local Guide

How much does it cost to rent an apartment in Penn Valley?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Penn Valley Studio Apartments | $2,041 | $675 | $4,630 |
Penn Valley 1 Bedroom Apartments | $2,201 | $1,125 | $6,260 |
Penn Valley 2 Bedroom Apartments | $2,192 | $841 | $6,880 |
Penn Valley 3 Bedroom Apartments | $1,950 | $1,900 | $2,000 |
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Penn Valley, CA Local Guide
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Cheapest Available Penn Valley Apartments for Rent and Nearby
 The cheapest available apartment rental in Penn Valley, CA is a Studio unit found at Tourist Hotel in the Hetherington Place neighborhood priced from $675. Meadow Wood Condo Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here is today’s list of the most affordable Penn Valley apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Tourist Hotel | Studio | Studio, | $675 |
Meadow Wood Condo Apartments | Plan C | 1BR,1BA | $1,200 |
Northgate Terrace | 1 Bed 1 Bath | 1BR,1BA | $1,200 |
Shasta Glen Apartments | 650 SF | 1BR,1BA | $1,225 |
Monterey Park Apartments | 2 Bedroom Apartment Home | 2BR,1BA | $1,395 |
Best Value Apartments for Rent in Penn Valley, CA and Nearby
As of April 26, 2025 the best value apartment in the Penn Valley area is the $1.53 price per square foot 2 Beds, 1 bath Model at Northpointe Commons in the in the Hetherington Place neighborhood starting from $1,450. The second greatest value Penn Valley apartment is the Two Bedroom One Bath Model at Eastgate Terrace Apartments starting at $1,600 with a $1.74 price per square foot . Here is today’s list of the best values for Penn Valley apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Northpointe Commons | 2 Beds, 1 bath | 2BR,1BA | $1.53 |
Eastgate Terrace Apartments | Two Bedroom One Bath | 2BR,1BA | $1.74 |
Hillcrest Court Apartments | 2x1T | 2BR,1BA | $1.78 |
Lakeside Village | Lakeside Village Plan B | 2BR,1BA | $1.63 |
Monterey Park Apartments | 2 Bedroom Apartment Home | 2BR,1BA | $1.64 |
310 S Auburn St | 1 bed 1 bath | 1BR,1BA | $1.71 |
Hunters Landing | Two Bedroom | 2BR,1BA | $1.79 |
The Estate | 2 Bedroom | 2BR,1BA | $1.82 |
Meadow Wood Condo Apartments | Plan C | 1BR,1BA | $1.76 |
Northgate Terrace | 1 Bed 1 Bath | 1BR,1BA | $1.76 |
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Frequently Asked Questions about Cheap Penn Valley Apartments
What is the Cheapest Studio apartment in Penn Valley?
Currently the most affordable Cheap Studio Apartment in Penn Valley is at Tourist Hotel listed at $675.
How much is rent for a Cheap One Bedroom Penn Valley Apartment?
The lowest price for a Cheap One Bedroom Penn Valley Apartment is $1,200 at Northgate Terrace.
What is the lowest price for a Cheap Two Bedroom Penn Valley Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Penn Valley is starting from $1,195 at Tourist Hotel.
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.

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.

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.

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.