Cheap Apartments for Rent in Penfield, NY from $700 (49 Rentals)

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

Rochester College Rentals: Finding the Best Value Neighborhoods for Students

Find your new digs in Rochester! We highlight the best value neighborhoods with safe, walkable, and affordable rental options close to all of the city’s postsecondary institutions.

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618 - C Ridge Rd.
$1,100
Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100
1 Bedroom Apartment Available Now

618 - C Ridge Rd.

618 - C Ridge Rd.Webster, NY 14580
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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.

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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Winton Gardens Towers
Studio to 1 Bedroom Apartments

Winton Gardens Towers

2052 E Main StRochester, NY 14609
  • Utilities Included
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97 South Ave
Studio to 1 Bedroom Apartments

97 South Ave

97 South AveWebster, NY 14580
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Village Park Manor
Studio to 2 Bedroom Apartments

Village Park Manor

100-127 Kittleberger ParkWebster, NY 14580
  • Utilities Included
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Landing Heights
1 to 2 Bedroom Apartments

Landing Heights

70 Knollbrook RdRochester, NY 14610
  • Utilities Included
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Linden Knoll
1 Bedroom Apartments

Linden Knoll

81 Linden AveRochester, NY 14610
Senior Living
  • Utilities Included
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Newport Highlands
2 Bedroom Apartments

Newport Highlands

142 Edgecreek TrlRochester, NY 14609
  • Utilities Included

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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Woodland Estates
2 Bedroom Apartments

Woodland Estates

340 Gleason CirEast Rochester, NY 14445
  • Utilities Included

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 Penfield Village Apartment Homes in the Outer Brighton Fairport neighborhood priced from $1,295. Webster Park in the Webster neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. Here is today’s list of the most affordable Penfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Penfield Village Apartment HomesOne Bedroom- 601 sqft1BR,1BA$1,295
Webster Park1 Bedroom Apartment1BR,1BA$1,350
Webster Manor Apartment HomesOne Bedroom- 707 sqft1BR,1BA$1,355
Penbrooke Meadows Apartment HomesOne Bedroom- 500 sqft1BR,1BA$1,365
Oakwood Manor Apartments1 Bedroom1BR,1BA$1,429
Highland Bay Apartments2 Bedroom2BR,1BA$1,429
Empire Blvd. Estates11BR,1BA$1,475
Whitney Ridge Apartments2 Bedroom2BR,1BA$1,505

Best Value Apartments for Rent in Penfield, NY

As of July 31, 2026 the best value apartment in the Penfield area is the $1.58 price per square foot 1st floor Model at 1026 Harvard Street 1 in the in the Sector 8 neighborhood starting from $3,000. The second greatest value Penfield apartment is the 1026 Harvard St Model at 1026 Harvard St, Unit Apt 1 starting at $2,600 with a $1.37 price per square foot in the Sector 8 neighborhood. 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.
1026 Harvard Street 11st floor3BR,2BA$1.58
1026 Harvard St, Unit Apt 11026 Harvard St3BR,2BA$1.37
Brittany Woods TownhomesBrittany Woods 3 BR 2.5 BA Townhome3BR,2.5BA$1.59
Waverlywood Apartments and TownhomesTwo Bedroom 1.5 Bath Townhome- 1,300 sqft2BR,1.5BA$1.53
Whitney Ridge Apartments3 Bedroom3BR,2BA$1.53
Legends at North PondsThe Heritage2BR,2BA$1.77
Fox Run2 Bed2BR,1BA$1.64
Pennwood Apartments2x12BR,1BA$1.65
Oakwood Manor Apartments1 Bedroom1BR,1BA$1.80
Webster Manor Apartment HomesOne Bedroom- 707 sqft1BR,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.

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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:
Location, Location, Location!

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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 $1,295 at Penfield Village 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 $1,275 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 Whitney Ridge Apartments and starts from $1,960.

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

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Rochester College Rentals: Finding the Best Value Neighborhoods for Students

Written by: Patrick Ryan

Rochester has emerged as one of the most promising cities in America. Home to a wide variety of tech companies, the “Young Lion of the West” also has affordable housing.

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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.

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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.

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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.