Cheap Apartments for Rent near Penetanguishene, ON from $1,472 (46 Rentals)

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

property at 47 Grove St W

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700

1 Bedroom, 1 Bath Home for Rent

Available Oct 1

47 Grove St W

BarrieONL4N 1M6
property at 51 Campbell Av

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750
Total Monthly Price
$1,750

2 Bedroom, 1 Bath Home for Rent

Available Sep 1

51 Campbell Av

BarrieONL4N 2T2
property at 167 Hanmer St E

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

2 Bedroom, 1 Bath Home for Rent

Available Now

167 Hanmer St E

BarrieONL4M 6W2

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property at 103 Blake St

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850
Total Monthly Price
$1,850

1 Bedroom, 1 Bath Home for Rent

Available Now

103 Blake St

BarrieONL4M 1K1
property at 29 Fittons Rd E

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900
Total Monthly Price
$1,900

2 Bedroom, 1 Bath Home for Rent

Available Now

29 Fittons Rd E

OrilliaONL3V 2J2

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 47 Gateway Dr

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000
Total Monthly Price
$2,000

1 Bedroom, 1 Bath Home for Rent

Available Sep 1

47 Gateway Dr

GravenhurstONP1P 0A9
property at 56 Donald St

$2,000

2 Bedroom Rentals

Available Now

56 Donald St

BarrieONL4N 1E3
property at 98 Innisfil St

$2,195 - $2,200

2 Bedroom Rentals

Available Aug 31

98 Innisfil St

BarrieONL4N 3E4

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 46 Tiffin St

$2,000 - $2,195

2 Bedroom Rentals

Available Now

46 Tiffin St

BarrieONL4N 2M7
property at 18 Galley Av

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200
Total Monthly Price
$2,200

2 Bedroom, 1 Bath Home for Rent

Available Now

18 Galley Av

OrilliaONL3V 2K5
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The Grove
$2,200 - $2,575
Total Monthly Price

Total Monthly Price

Base Rent
$2,200 - $2,575
Total Monthly Price
$2,200 - $2,575
2 Bedroom Apartments Available Now

The Grove

175 Oxford StOrillia, ON L3V 1H4
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BayVista Apartments
$1,4991 Bedroom Apartments

BayVista Apartments

192 Sykes St NMeaford, ON N4L 1S7
  • Utilities Included
  • Smoke Free

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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Showing Results 1-46, Page 1 of 1

Penetanguishene, ON Local Guide

Cheapest Available Penetanguishene Apartments for Rent and Nearby

 

The cheapest available apartment rental in Penetanguishene, ON is a 2 Beds unit found at 1 Lowndes Av in the Georgina neighborhood priced from $1,850. Cedar Grove in the Downtown Barrie neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,900. Here is today’s list of the most affordable Penetanguishene apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1 Lowndes Av2 Bedroom2BR,1BA$1,850
Cedar Grove2 Bedroom2BR,1BA$1,900
Georgian Towers1 BDRM1BR,1BA$1,975
Highpoint Barrie2 Bed 1 Bath A2BR,1BA$1,995
The Alcona InnisfilOne Bedroom1BR,1BA$1,999
Sky Towers Apartments1 Beds, 1 Baths1BR,1BA$2,015
Silvercreek Apartments1 Beds, 1 Baths1BR,1BA$2,160
Birch Glen2 Bedroom2BR,2BA$2,175
The Deanwood Rental Apartments1 Bedroom1BR,1BA$2,185
Mapleview Apartments3 BDRM3BR,1BA$2,200

Best Value Apartments for Rent in Penetanguishene, ON and Nearby

As of August 30, 2026 the best value apartment in the Penetanguishene area is the $1.44 price per square foot 2 BDRM W/O Garage Model at Veterans Terrace in the in the Simcoe Region neighborhood starting from $2,300. The second greatest value Penetanguishene apartment is the 3 Bed 1 Bath E Model at Tamarack Woods Townhouses starting at $2,395 with a $1.71 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Veterans Terrace2 BDRM W/O Garage2BR,1.5BA$1.44
Tamarack Woods Townhouses3 Bed 1 Bath E3BR,1BA$1.71
Mapleview Apartments3 BDRM3BR,1BA$1.71
Birch Glen2 Bedroom2BR,2BA$1.98
Edgehill Apartments3 Bed 1.5 Bath A3BR,1.5BA$2.15
The Grove2 Bedroom 1 Bathroom2BR,1BA$2.44
Highpoint Barrie2 Bed 1 Bath A2BR,1BA$2.28
The Deanwood Rental Apartments1 Bedroom1BR,1BA$2.58
Cedar Grove2 Bedroom2BR,1BA$2.28
1 Lowndes Av2 Bedroom2BR,1BA$2.47

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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

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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 $1,975 at Georgian Towers.

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 $1,850 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 Mapleview Apartments and starts from $2,200.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.