109 3rd Ave
BoveyMN55709
Cheap Apartments for Rent in Pennington, MN from $500 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in Pennington.
1022 Comstock Dr
Deer RiverMN56636
5526 Bemidji Ave N
BemidjiMN56601
12244 2nd St
NorthomeMN56661
324 Front St
LittleforkMN56653
close
View Me
from $6261 to 3 Bedroom Apartments Available Now
White House and Blair House
119 E Park DrGrygla, MN 56727
close
View Me
close
View Me
Showing Results 1-8, Page 1 of 1
Pennington, MN Local Guide
Pennington Mine Lake by Sharon Mollerus is licensed under CC BY 2.0
How much does it cost to rent an apartment in Pennington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pennington Studio Apartments | $744 | $595 | $900 |
| Pennington 1 Bedroom Apartments | $826 | $595 | $1,005 |
| Pennington 2 Bedroom Apartments | $1,058 | $794 | $1,400 |
| Pennington 3 Bedroom Apartments | $1,163 | $970 | $1,295 |
| Pennington 4 Bedroom Apartments | $1,283 | $1,150 | $1,400 |
Browse Top Apartments in Pennington
See all Apartments in PenningtonExplore Pennington
Pennington, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Pennington Apartments for Rent and Nearby
The cheapest available apartment rental in Pennington, MN is a 1 Bed unit found at White House and Blair House priced from $626. Canal Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here is today’s list of the most affordable Pennington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| White House and Blair House | Blair House Single Bedroom | 1BR,1BA | $626 |
| Canal Apartments | Efficiency | Studio,1BA | $775 |
| Sebeka Housing | Riverview 1 Bedroom | 1BR,1BA | $780 |
Best Value Apartments for Rent in Pennington, MN and Nearby
As of April 11, 2025 the best value apartment in the Pennington area is the $1.13 price per square foot Hilltop 2 Bedroom Model at Sebeka Housing in the starting from $930. The second greatest value Pennington apartment is the One bedroom./ One bathroom Model at Presidential Estates/ Justice Apartments starting at $925 with a $1.38 price per square foot . Here is today’s list of the best values for Pennington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sebeka Housing | Hilltop 2 Bedroom | 2BR,1BA | $1.13 |
| Presidential Estates/ Justice Apartments | One bedroom./ One bathroom | 1BR,1BA | $1.38 |
| Park Rapids Apartments | 1 Bedroom | 1BR,1BA | $1.18 |
| Timber Ridge Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.61 |
| Deering Manor - Section 8: 62+ ,Handicapped, | Deering Manor, 1 bed, 1 bath. | 1BR,1BA | $1.58 |
| White House and Blair House | White House Single Bedroom | 1BR,1BA | $1.24 |
| Stony Ridge Studios | Studios | Studio ,1BA | $1.70 |
| Canal Apartments | Efficiency | Studio ,1BA | $1.72 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Pennington area?
If you’re an expert on all things Pennington, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Pennington, MN Rentals by Map
See the most popular apartments and homes in Pennington, MN
Pennington, MN Apartments MapPennington, MN Rental Homes MapFrequently Asked Questions about Cheap Pennington Apartments
What is the Cheapest Studio apartment in Pennington?
Currently the most affordable Cheap Studio Apartment in Pennington is at Canal Apartments listed at $775.
How much is rent for a Cheap One Bedroom Pennington Apartment?
The lowest price for a Cheap One Bedroom Pennington Apartment is $626 at White House and Blair House.
What is the lowest price for a Cheap Two Bedroom Pennington Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Pennington is starting from $865 at Sebeka Housing.
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.
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.
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.
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.