319 N School St
Grass ValleyCA95945
Cheap Homes for Rent in Penn Valley, CA from $1,000 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Penn Valley.
10712 Banner Lava Cap Rd
Nevada CityCA95959
3671 Galena Dr
AuburnCA95602
10359 Buffington Ct
Nevada CityCA95959
11571 Garnet Way
AuburnCA95602
3593 Opal Dr
AuburnCA95602
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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Penn Valley, CA Local Guide
Bridgeport Covered Bridge by Denise Noelle Photography is licensed under CC BY 2.0
How much does it cost to rent a home in Penn Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penn Valley 2 Bedroom Homes for Rent | $2,137 | $1,695 | $2,900 |
| Penn Valley 3 Bedroom Homes for Rent | $2,652 | $2,200 | $3,250 |
| Penn Valley 4 Bedroom Homes for Rent | $4,175 | $3,600 | $4,750 |
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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 |
Best Value Apartments for Rent in Penn Valley, CA and Nearby
As of April 27, 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 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 $6,880. There are also 29 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 $2,327.
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.