
Cheap Homes for Rent in Penacook, NH from $800 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Penacook.


885 Laconia Rd

792 Bunker Rd

274 Depot St
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.

7 S State St

319 Chalk Pond Rd

14 Gerald Dr

192 Manchester 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.

58 Branch Turnpike
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 | $2,039 | $1,300 | $3,200 |
| Penacook 3 Bedroom Homes for Rent | $2,560 | $1,450 | $3,250 |
| Penacook 4 Bedroom Homes for Rent | $3,149 | $1,800 | $4,450 |
Browse Top Homes for Rent in Penacook
Explore Penacook
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. Webster Heights has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,395. 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 |
| Webster Heights | 2 Bedroom | 2BR,1BA | $1,395 |
| Keewaydin Pines | Two Bedroom | 2BR,1BA | $1,395 |
Best Value Apartments for Rent in Penacook, NH and Nearby
As of January 21, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| White Rock Senior Living Community | Cottage | 3BR,3BA | $1.54 |
| Paugus Woods | 3 Bed 1 Bath | 3BR,1BA | $1.84 |
| 25 Canal | 2 Bed 1 Bath | 2BR,1BA | $1.57 |
| Hollis Commons | 2 Bed 1 Bath | 2BR,1BA | $2.13 |
| Apple Ridge | 2 Bed 1 Bath | 2BR,1BA | $2.05 |
| Perkins Place Apartments | 2 Bedroom | 2BR,1BA | $2.06 |
| Oak Creek Apartments | Oak Creek 2 Bedroom | 2BR,1BA | $1.99 |
| 37 Thompson Street | 2 Bedroom | 2BR,1BA | $2.00 |
| The Residences at River Hill | 2 Bedroom | 2BR,1BA | $2.12 |
| Webster Heights | 2 Bedroom | 2BR,1BA | $1.80 |
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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Penacook, NH
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 $1,225 to $3,600. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penacook ranging from $875 to $4,450.
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 $875 to $4,450 with an average monthly rent of $2,030.
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 $1,850 to $3,290, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $3,250. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $3,200.
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

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.

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!