Cheap Apartments for Rent in Penacook, NH from $900 (40 Rentals)

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Search the lowest-cost Apartments available for rent right now in Penacook.

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.

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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.

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Woodland Commons
1 to 3 Bedroom Apartments

Woodland Commons

180 N Main StBoscawen, NH 03303
  • Utilities Included
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77 Rush Road
Studio to 3 Bedroom Apartments

77 Rush Road

77 Rush RdHenniker, NH 03242
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Webster Heights
1 to 2 Bedroom Apartments

Webster Heights

3 Plains CtFranklin, NH 03235
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Keewaydin Pines
1 to 2 Bedroom Apartments

Keewaydin Pines

180 Blueberry LnLaconia, NH 03246
  • Utilities Included
  • Smoke Free
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8 Celtic Street
Studio to 1 Bedroom Apartments

8 Celtic Street

8 Celtic StConcord, NH 03301
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Pines of West Concord
Studio to 2 Bedroom Apartments

Pines of West Concord

20 Bog RdConcord, NH 03303
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Borough Road
1 to 2 Bedroom Apartments

Borough Road

606-610 Borough RdPembroke, NH 03275
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65 Rumford Street
Studio to 3 Bedroom Apartments

65 Rumford Street

65 Rumford StConcord, NH 03301
  • Utilities Included
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The Concord Lofts
Studio to 3 Bedroom Apartments

The Concord Lofts

15 Pleasant StConcord, NH 03301
  • Utilities Included

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.

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Showing Results 1-40, Page 1 of 1

Penacook, NH Local Guide

Cheapest Available Penacook Apartments for Rent and Nearby

 

The cheapest available apartment rental in Penacook, NH is a 1 Bed unit found at The Residences at River Hill priced from $1,324. Province Street Apartments in the Briarcrest neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,422. Here is today’s list of the most affordable Penacook apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Residences at River Hill1 Bedroom1BR,1BA$1,324
Province Street Apartments2BD/1BA/602BR,1BA$1,422
Pembroke Road Apartments2BR1BA2BR,1BA$1,586
Oak Creek ApartmentsOak Creek 2 Bedroom2BR,1BA$1,695
University HeightsCornellStudio,1BA$1,777
Residences at Hadley FallsS1Studio,1BA$1,785
Colonial Village ApartmentsA1A1BR,1BA$1,790
Manchester Gardens2 - C2BR,1BA$1,800
Heritage at the RiverA31BR,1BA$1,835
Halstead Countryside1 Bed/1 Bath-A11BR,1BA$1,879

Best Value Apartments for Rent in Penacook, NH and Nearby

As of April 28, 2026 the best value apartment in the Penacook area is the $1.54 price per square foot Cottage Model at White Rock Senior Living Community in the in the Bow Junction neighborhood starting from $2,650. The second greatest value Penacook apartment is the 3 Bed 1 Bath Model at Paugus Woods starting at $2,730 with a $1.84 price per square foot in the Meredith Bay neighborhood. Here is today’s list of the best values for Penacook apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
White Rock Senior Living CommunityCottage3BR,3BA$1.54
Paugus Woods3 Bed 1 Bath3BR,1BA$1.84
Hidden Oak WayModel Unit (35 Hidden Oak Way-not for rent)3BR,1.5BA$2.16
Province Street Apartments3BD/1BA/603BR,1BA$1.49
Apple Ridge2 Bed 1 Bath2BR,1BA$2.05
Pembroke Road Apartments2BR1BA2BR,1BA$1.63
Mill Place West2 Beds, 1 bath2BR,1BA$2.44
Oak Creek ApartmentsOak Creek 2 Bedroom2BR,1BA$1.99
Greenview Village ApartmentsA1BBK1BR,1BA$2.62
The Residences at River Hill1 Bedroom1BR,1BA$2.13

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.

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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.

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The 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.

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Cash 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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Penacook, NH Rentals by Map

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See the most popular apartments and homes in Penacook, NH

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Frequently Asked Questions about Cheap Penacook Apartments

What is the Cheapest Studio apartment in Penacook?

Currently the most affordable Cheap Studio Apartment in Penacook is at Kearsarge listed at $1,400.

How much is rent for a Cheap One Bedroom Penacook Apartment?

The lowest price for a Cheap One Bedroom Penacook Apartment is $1,324 at The Residences at River Hill.

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 $1,422 at Province Street Apartments.

What is the most affordable Penacook Three Bedroom Apartment?

The best deal on a cheap Penacook Three Bedroom Apartment rental is at Province Street Apartments and starts from $1,625.

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

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.

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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.

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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.