Cheap Homes for Rent in Penn Valley, CA from $1,000 (7 Rentals)

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Penn Valley, CA Local Guide

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. Casa Milano Apartments in the Edgewater neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here is today’s list of the most affordable Penn Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Tourist HotelStudioStudio,$675
Casa Milano Apartments1x11BR,1BA$1,050
Sandpiper Apartments1 x 11BR,1BA$1,150

Best Value Apartments for Rent in Penn Valley, CA and Nearby

As of March 23, 2025 the best value apartment in the Penn Valley area is the $1.10 price per square foot 4bd 2bth Model at Vineyard Family Apartments in the in the Edgewater neighborhood starting from $1,319. The second greatest value Penn Valley apartment is the 2 Beds, 1 bath Model at Northpointe Commons starting at $1,450 with a $1.53 price per square foot in the Hetherington Place neighborhood. Here is today’s list of the best values for Penn Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Vineyard Family Apartments4bd 2bth4BR,2BA$1.10
Northpointe Commons2 Beds, 1 bath2BR,1BA$1.53
310 S Auburn St1 bed 1 bath1BR,1BA$1.79
The Estate2 Bedroom2BR,1BA$1.82
Lincoln Pointe Apartments2B/1B2BR,1BA$1.88
Colonial Garden Apartments1BR/1.0BA1BR,1BA$1.80
Sandpiper CoveOne Bedroom One Bath1BR,1BA$1.79
Meadow Wood Condo ApartmentsPlan C1BR,1BA$1.76
Lakeside VillageLakeside Village Plan A1BR,1BA$1.83
Northgate Terrace1 Bed 1 Bath1BR,1BA$1.76

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Frequently Asked Questions about Penn Valley

What type of rentals are currently available in Penn Valley?

There are currently 40 Apartments for Rent in Penn Valley, CA with pricing that ranges from $675 to $6,705. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penn Valley ranging from $1,050 to $4,750.

What is the current price range for Rental Homes in Penn Valley?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Penn Valley ranges from $1,050 to $4,750 with an average monthly rent of $2,184.

How much are larger Three and Four Bedroom Rentals in Penn Valley?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Penn Valley range from $959 to $1,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $3,250. Four Bedroom Single-Family rentals are also available starting from $2,700 and Four Bedroom Apartments start at $1,319.

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

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.

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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.