
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.


Mill Place West

Pinewood Village

Meadowbrook Apartments

Waukewan Village

Vineyard Terrace apartments
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 | $1,225 | $1,225 | $1,225 |
| Penacook 1 Bedroom Apartments | $1,662 | $1,350 | $1,975 |
| Penacook 2 Bedroom Apartments | $1,819 | $1,450 | $2,275 |
| Penacook 3 Bedroom Apartments | $1,850 | $1,850 | $1,850 |
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 2 Beds apartment currently listed from $1,850. 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 | 2 Bedroom, 2-3rd Floor | 2BR,1BA | $1,850 |
| Mill Place West | 2 Beds, 1 bath | 2BR,1BA | $2,200 |
Best Value Apartments for Rent in Penacook, NH
As of April 15, 2026 the best value apartment in the Penacook area is the $2.44 price per square foot 2 Beds, 1 bath Model at Mill Place West in the in the Historic DIstrict neighborhood starting from $2,200. 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. |
|---|---|---|---|
| Mill Place West | 2 Beds, 1 bath | 2BR,1BA | $2.44 |
| Oak Creek Apartments | Oak Creek 2 Bedroom | 2BR,1BA | $1.99 |
| Pinewood Village | 2 Bedroom, 2-3rd Floor | 2BR,1BA | $2.27 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 $1,695 at Oak Creek 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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.