
Cheap Apartments for Rent in the Penacook Neighborhood of Concord, NH from $900 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Penacook area of Concord.


Pinewood Village

Meadowbrook Apartments

Waukewan Village

Vineyard Terrace apartments

Mill Place West
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Pines of West Concord

107 N Main St

Woodland Commons

Penacook Place Apartments

One Riverside Place

Briar Pipe Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Penacook, Concord, NH Local Guide

How much does it cost to rent an apartment in Penacook?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penacook Studio Apartments | $1,275 | $1,275 | $1,275 |
| Penacook 1 Bedroom Apartments | $1,583 | $1,400 | $1,700 |
| Penacook 2 Bedroom Apartments | $1,944 | $1,500 | $2,400 |
| Penacook 3 Bedroom Apartments | $2,125 | $1,900 | $2,350 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 3 mile radius of the Penacook Neighborhood of Concord, NH.
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Penacook, Concord, NH Local Guide
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Cheapest Available Penacook Apartments for Rent
 The cheapest available apartment rental in the Penacook area of Concord, NH is a 2 Beds unit found at Oak Creek Apartments priced from $1,695. Pinewood Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,700. Here are the most affordable Penacook apartments for rent in Concord, NH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oak Creek Apartments | Oak Creek 2 Bedroom | 2BR,1BA | $1,695 |
| Pinewood Village | 1 Bedroom, 1st Floor | 1BR,1BA | $1,700 |
| Meadowbrook Apartments | 3 Bedroom | 3BR,1BA | $1,900 |
Best Value Apartments for Rent in Penacook, NH
As of July 16, 2026 the best value apartment in the Penacook area is the $1.83 price per square foot 3 Bedroom Model at Meadowbrook Apartments in the in the Historic DIstrict neighborhood starting from $1,900. The second greatest value Penacook apartment is the Oak Creek 2 Bedroom Model at Oak Creek Apartments starting at $1,695 with a $1.99 price per square foot in the Riverhill neighborhood. Here is today’s list of the best values for Penacook apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Meadowbrook Apartments | 3 Bedroom | 3BR,1BA | $1.83 |
| Oak Creek Apartments | Oak Creek 2 Bedroom | 2BR,1BA | $1.99 |
| Pinewood Village | 1 Bedroom, 1st Floor | 1BR,1BA | $2.71 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Best Local Schools in Penacook, Concord, NH
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, and customized analysis for Central Concord, NH. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, places to raise kids, raising pets, transit options, walking, and biking. These search options are in the site filters at the top of this page.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.