Cheap Apartments for Rent in Penfield, NY from $700 (73 Rentals)

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

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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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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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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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 1-50, Page 1 of 2

Penfield, NY Local Guide

Cheapest Available Penfield Apartments for Rent

 

The cheapest available apartment rental in Penfield, NY is a 1 Bed unit found at Country Manor Apartment Homes in the Webster neighborhood priced from $1,215. Webster Manor Apartment Homes in the Webster neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,255. Here is today’s list of the most affordable Penfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Country Manor Apartment HomesOne Bedroom1BR,1BA$1,215
Webster Manor Apartment HomesOne Bedroom- 707 sqft1BR,1BA$1,255
Penfield Village Apartment HomesOne Bedroom -676 sqft1BR,1BA$1,265
Pittsford Garden Apartment HomesOne Bedroom- 390 sqft1BR,1BA$1,290
Creek Hill Apartment HomesTwo Bedroom - 845 sqft2BR,1BA$1,325
Oakwood Manor Apartments2 Bedroom2BR,1BA$1,354
Eastway Manor Apartments1 Bedroom1BR,1BA$1,354
Waverlywood Apartments and TownhomesOne Bedroom- 900 sqft1BR,1BA$1,395
Penbrooke Meadows Apartment HomesOne Bedroom- 560 sqft1BR,1BA$1,425
Highland Bay Apartments2 Bedroom2BR,1BA$1,429

Best Value Apartments for Rent in Penfield, NY

As of April 30, 2026 the best value apartment in the Penfield area is the $1.62 price per square foot Brittany Woods 3 BR 2.5 BA Townhome Model at Brittany Woods Townhomes in the in the Webster neighborhood starting from $2,700. The second greatest value Penfield apartment is the New 3-Bed, 2.5-Bath Townhomes with 2 car Garag... Model at Fourmile Creek Apartments and Townhomes starting at $2,550 with a $1.59 price per square foot . Here is today’s list of the best values for Penfield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Brittany Woods TownhomesBrittany Woods 3 BR 2.5 BA Townhome3BR,2.5BA$1.62
Fourmile Creek Apartments and TownhomesNew 3-Bed, 2.5-Bath Townhomes with 2 car Garag...3BR,2.5BA$1.59
The Venue Apartment HomesB52BR,2BA$1.50
Summit Knolls Apartments and TownhomesVernon III Townhome3BR,1.5BA$1.69
Pennwood Apartments2x12BR,1BA$1.50
Oakwood Manor Apartments2 Bedroom2BR,1BA$1.35
Waverlywood Apartments and TownhomesOne Bedroom- 900 sqft1BR,1BA$1.55
Highland Bay Apartments2 Bedroom2BR,1BA$1.61
Country Manor Apartment HomesTwo Bedroom2BR,1BA$1.76
Webster Manor Apartment HomesOne Bedroom- 707 sqft1BR,1BA$1.78

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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Frequently Asked Questions about Cheap Penfield Apartments

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

The lowest price for a Cheap One Bedroom Penfield Apartment is $1,215 at Country Manor Apartment Homes.

What is the lowest price for a Cheap Two Bedroom Penfield Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Penfield is starting from $1,325 at Creek Hill Apartment Homes.

What is the most affordable Penfield Three Bedroom Apartment?

The best deal on a cheap Penfield Three Bedroom Apartment rental is at North Ponds Apartments Homes and starts from $1,785.

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 Beyond the Finger Lakes: Unveiling Rochester's 7 Best-Value Neighborhoods to Rent article

Beyond the Finger Lakes: Unveiling Rochester's 7 Best-Value Neighborhoods to Rent

Written by: Patrick Ryan

There has never been a better time to live in Rochester.  Also known as the Young Lion of the West and Flower City, Rochester is an underrated living space within the gorgeous Finger Lakes region.

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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.