
Cheap Homes for Rent in Pennington, TX from $600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Pennington.


1472 Lakeside Dr
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

119 Bass Boat Vlg

78 Westwood Dr W
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

307 Bass Boat VLG

11823 FM355
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.

49 Westwood Vlg Dr
Pennington, TX Local Guide

How much does it cost to rent a home in Pennington?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Pennington 2 Bedroom Homes for Rent | $1,190 | $900 | $1,600 |
Pennington 3 Bedroom Homes for Rent | $1,556 | $1,100 | $2,200 |
Pennington 4 Bedroom Homes for Rent | $2,466 | $1,900 | $3,000 |
Pennington 6 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Top Homes for Rent in Pennington
Explore Pennington
Pennington, TX Local Guide
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Cheapest Available Pennington Apartments for Rent and Nearby
 The cheapest available apartment rental in Pennington, TX is a 5 Beds unit found at The Heights in the Downtown Huntsville neighborhood priced from $585. Silvercreek Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here is today’s list of the most affordable Pennington apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Heights | 5A | 5BR,5BA | $585 |
Silvercreek Apartments | Studio/EFF | Studio,1BA | $699 |
University Place Apartments | Efficiency | Studio,1BA | $719 |
Best Value Apartments for Rent in Pennington, TX and Nearby
As of May 10, 2025 the best value apartment in the Pennington area is the $1.23 price per square foot Two Bedroom Model at The West Hill in the in the Downtown Huntsville neighborhood starting from $1,400. The second greatest value Pennington apartment is the B1 Model at Livingston Pioneer Crossing starting at $943 with a $1.06 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. |
---|---|---|---|
The West Hill | Two Bedroom | 2BR,2BA | $1.23 |
Livingston Pioneer Crossing | B1 | 2BR,2BA | $1.06 |
The Heights | 2A | 2BR,2BA | $1.02 |
The Brazos Apartments | B1 (2x1) | 2BR,1BA | $1.23 |
The Oaks Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.09 |
French Quarter Apartments | 2 Bed/ 1 Bath - Upstairs | 2BR,1BA | $1.20 |
Pine Hills | Birch | 1BR,1BA | $1.30 |
Forest Gate Apartments | 1 bedroom 1 bath | 1BR,1BA | $1.25 |
Hillside Apartments | 1 Bedroom 1 Bath Flat | 1BR,1BA | $1.28 |
University Club Hunstville | 1Bed 1 Bath | 1BR,1BA | $1.28 |
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.
Frequently Asked Questions about Pennington
What type of rentals are currently available in Pennington?
There are currently 40 Apartments for Rent in Pennington, TX with pricing that ranges from $390 to $2,300. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pennington ranging from $600 to $3,000.
What is the current price range for Rental Homes in Pennington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Pennington ranges from $600 to $3,000 with an average monthly rent of $1,812.
How much are larger Three and Four Bedroom Rentals in Pennington?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Pennington range from $630 to $2,025, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $390.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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.