Cheap Apartments for Rent in Penfield, NY from $700 (70 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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155 Akron St, Unit 1
$1,100
Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100
1 Bedroom Apartment Available Jul 1

155 Akron St, Unit 1

155 Akron StRochester, NY 14609
Affordability

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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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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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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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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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 Pittsford Garden Apartment Homes in the Outer Brighton Fairport neighborhood priced from $1,045. Country Manor Apartment Homes in the Webster neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,105. Here is today’s list of the most affordable Penfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pittsford Garden Apartment HomesOne Bedroom- 390 sqft1BR,1BA$1,045
Country Manor Apartment HomesStudioStudio,1BA$1,105
Waverlywood Apartments and TownhomesOne Bedroom- 900 sqft1BR,1BA$1,285
Creek Hill Apartment HomesTwo Bedroom - 845 sqft2BR,1BA$1,375
The Marquis at the Woods Apartment HomesOne Bedroom- 661 sqft1BR,1BA$1,380
Webster Manor Apartment HomesOne Bedroom- 707 sqft1BR,1BA$1,395
Penbrooke Meadows Apartment HomesOne Bedroom- 560 sqft1BR,1BA$1,435
Whitney Ridge Apartments2 Bedroom2BR,1BA$1,490
Eastway Manor Apartments1 Bedroom1BR,1BA$1,508
The Venue Apartment HomesA3 | V21BR,1BA$1,595

Best Value Apartments for Rent in Penfield, NY

As of June 15, 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 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 CreekNew 3-Bed, 2.5-Bath Townhomes with 2 car Garag...3BR,2.5BA$1.59
Waverlywood Apartments and TownhomesTwo Bedroom 1.5 Bath Townhome- 1,300 sqft2BR,1.5BA$1.53
The Bellagio - Waterfront Marina LivingMountains View - Balcony 2B/2BA2BR,2BA$1.90
Webster Woods Townhouse Apartments2 Bedroom - 2.5 Bath Townhouse2BR,2.5BA$1.96
Terrace Villas TownhomesTerrace Villas Townhouse w/ Garage2BR,1.5BA$2.00
Empire Blvd. Estates31BR,1.5BA$1.92
Whitney Ridge Apartments2 Bedroom2BR,1BA$1.48
Highland Bay Apartments2 Bedroom2BR,1BA$1.70
Webster Manor Apartment HomesOne Bedroom- 707 sqft1BR,1BA$1.97

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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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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Remember the 3 Rules of Real Estate:
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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 $1,045 at Pittsford Garden 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 $1,230 at Country Manor Apartment Homes.

What is the most affordable Penfield Three Bedroom Apartment?

The best deal on a cheap Penfield Three Bedroom Apartment rental is at Empire Blvd. Estates and starts from $2,450.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.