
Cheap Homes for Rent in Penacook, NH from $1,100 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Penacook.


792 Bunker Rd

5 Forrest Rd

274 Depot St

319 Chalk Pond Rd

14 Gerald Dr
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.

46 Pennacook St

673 Pine St

609 Main St

4 Deer St

718 Beech St

6 Blake St
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.
Penacook, NH Local Guide

How much does it cost to rent a home in Penacook?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penacook 2 Bedroom Homes for Rent | $2,177 | $1,200 | $3,500 |
| Penacook 3 Bedroom Homes for Rent | $2,793 | $1,450 | $3,599 |
| Penacook 4 Bedroom Homes for Rent | $3,412 | $2,250 | $4,700 |
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Penacook, NH Local Guide
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Cheapest Available Penacook Apartments for Rent and Nearby
 The cheapest available apartment rental in Penacook, NH is a Studio unit found at Maple Leaf Apartments priced from $1,250. Lakeshore Estates - Newly Remodeled studios, 1, 2 and 3 br Apartment Homes in the Lakeport neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,300. Here is today’s list of the most affordable Penacook apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Maple Leaf Apartments | Studio | Studio,1BA | $1,250 |
| Lakeshore Estates - Newly Remodeled studios, 1, 2 and 3 br Apartment Homes | Studio | Studio,1BA | $1,300 |
| Keewaydin Pines | 2 Beds, 1 bath | 2BR,1BA | $1,395 |
| Kearsarge | Mini Flat | Studio,1BA | $1,460 |
| Manchester Gardens | 1 - C | 1BR,1BA | $1,631 |
Best Value Apartments for Rent in Penacook, NH and Nearby
As of December 07, 2025 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 Lilac Valley Estates starting at $2,350 with a $1.58 price per square foot in the Briarcrest 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. |
|---|---|---|---|
| White Rock Senior Living Community | Cottage | 3BR,3BA | $1.54 |
| Lilac Valley Estates | 3 Bed 1 Bath | 3BR,1BA | $1.58 |
| Paugus Woods | 3 Bed 1 Bath | 3BR,1BA | $1.84 |
| Hidden Oak Way | Interior 3-Bedroom | 3BR,1.5BA | $2.20 |
| Hollis Commons | 2 Bed 1 Bath | 2BR,1BA | $2.13 |
| Apple Ridge | 2 Bed 1 Bath | 2BR,1BA | $2.05 |
| Regency West Apartments | A1C | 1BR,1.5BA | $2.26 |
| 37 Thompson Street | 2 Bedroom | 2BR,1BA | $2.00 |
| Oak Creek Apartments | Oak Creek 2 Bedroom | 2BR,1BA | $1.97 |
| Lakeshore Estates - Newly Remodeled studios, 1, 2 and 3 br Apartment Homes | Studio | Studio ,1BA | $2.17 |
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 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 ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Penacook
What type of rentals are currently available in Penacook?
There are currently 71 Apartments for Rent in Penacook, NH with pricing that ranges from $1,187 to $3,600. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penacook ranging from $1,100 to $4,700.
What is the current price range for Rental Homes in Penacook?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Penacook ranges from $1,100 to $4,700 with an average monthly rent of $2,245.
How much are larger Three and Four Bedroom Rentals in Penacook?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Penacook range from $1,625 to $3,290, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $3,599. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $3,200.
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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.