
Cheap Apartments for Rent in Penetanguishene, ON from C$1,000 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in Penetanguishene.


114-114 Davey Dr

424 Dunlop St W

170 Hickling Trail
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.

16 Fifth St

349-349 King St

88C Clapperton St
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.

349-349 King St
Penetanguishene, ON Local Guide
How much does it cost to rent an apartment in Penetanguishene?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Penetanguishene Studio Apartments | C$1,300 | C$1,300 | C$1,300 |
Penetanguishene 1 Bedroom Apartments | C$1,928 | C$1,250 | C$2,395 |
Penetanguishene 2 Bedroom Apartments | C$2,236 | C$1,700 | C$2,775 |
Penetanguishene 3 Bedroom Apartments | C$2,524 | C$1,750 | C$3,567 |
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Penetanguishene, ON Local Guide
- Nearby Cities
Cheapest Available Penetanguishene Apartments for Rent and Nearby
 The cheapest available apartment rental in Penetanguishene, ON is a 1 Bed unit found at Bayfield Tower Apartments in the North Barrie neighborhood priced from C$1,975. The Alcona Innisfil in the Simcoe Region neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from C$1,997. Here is today’s list of the most affordable Penetanguishene apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Bayfield Tower Apartments | 1 Bed 1 Bath A | 1BR,1BA | C$1,975 |
The Alcona Innisfil | One Bedroom | 1BR,1BA | C$1,997 |
1 Lowndes Av | 2 Bedroom | 2BR,2BA | C$2,000 |
Best Value Apartments for Rent in Penetanguishene, ON and Nearby
As of July 22, 2025 the best value apartment in the Penetanguishene area is the C$2.47 price per square foot 2 Bed 1 Bath A Model at Edgehill Apartments in the in the Downtown Barrie neighborhood starting from C$2,050. The second greatest value Penetanguishene apartment is the 2 Bedroom Model at 1 Lowndes Av starting at C$2,000 with a C$2.67 price per square foot in the Simcoe Region neighborhood. Here is today’s list of the best values for Penetanguishene apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Edgehill Apartments | 2 Bed 1 Bath A | 2BR,1BA | C$2.47 |
1 Lowndes Av | 2 Bedroom | 2BR,2BA | C$2.67 |
The Alcona Innisfil | Two Bedroom | 2BR,1BA | C$3.53 |
Bayfield Tower Apartments | 1 Bed 1 Bath A | 1BR,1BA | C$3.90 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Cheap Penetanguishene Apartments
How much is rent for a Cheap One Bedroom Penetanguishene Apartment?
The lowest price for a Cheap One Bedroom Penetanguishene Apartment is C$1,975 at Bayfield Tower Apartments.
What is the lowest price for a Cheap Two Bedroom Penetanguishene Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Penetanguishene is starting from C$2,000 at 1 Lowndes Av.
What is the most affordable Penetanguishene Three Bedroom Apartment?
The best deal on a cheap Penetanguishene Three Bedroom Apartment rental is at 1 Lowndes Av and starts from C$2,300.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.