
Cheap Apartments for Rent in the Penacook Neighborhood of Concord, NH from $950 (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
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Pines of West Concord

107 N Main St

Woodland Commons

Penacook Place Apartments

One Riverside Place

Briar Pipe Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $1,568 | $1,400 | $1,700 |
| Penacook 2 Bedroom Apartments | $1,711 | $1,500 | $1,900 |
| Penacook 3 Bedroom Apartments | $2,200 | $1,900 | $2,500 |
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 Meadowbrook Apartments priced from $1,500. Pinewood Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,650. Here are the most affordable Penacook apartments for rent in Concord, NH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadowbrook Apartments | 2 Bedroom | 2BR,1BA | $1,500 |
| Pinewood Village | 1 Bedroom, 2-3rd Floor | 1BR,1BA | $1,650 |
| Oak Creek Apartments | Oak Creek 2 Bedroom | 2BR,1BA | $1,695 |
| Penacook Place Apartments | The Concord | 2BR,1BA | $1,915 |
Best Value Apartments for Rent in Penacook, NH
As of August 30, 2026 the best value apartment in the Penacook area is the $2.08 price per square foot 456 N State St Model at 456 N State St, Unit 456 Unit 1 in the in the Historic DIstrict neighborhood starting from $2,500. The second greatest value Penacook apartment is the 3 Bedroom Model at Meadowbrook Apartments starting at $1,900 with a $1.83 price per square foot in the Historic DIstrict 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. |
|---|---|---|---|
| 456 N State St, Unit 456 Unit 1 | 456 N State St | 3BR,1.5BA | $2.08 |
| Meadowbrook Apartments | 3 Bedroom | 3BR,1BA | $1.83 |
| Oak Creek Apartments | Oak Creek 2 Bedroom | 2BR,1BA | $1.99 |
| Penacook Place Apartments | The Concord | 2BR,1BA | $2.31 |
| Pinewood Village | 1 Bedroom, 2-3rd Floor | 1BR,1BA | $2.63 |
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.
Frequently Asked Questions about Cheap Penacook Apartments
What is the lowest price for a Cheap Two Bedroom Penacook Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Penacook is starting from $1,500 at Meadowbrook Apartments.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.