Cheap Homes for Rent in Penfield, NY from $700 (13 Rentals)

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property at 95 Merchants Rd

95 Merchants Rd

RochesterNY14609

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.

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.

Penfield, NY Local Guide

Cheapest Available Penfield Apartments for Rent and Nearby

 

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 $1,175. Creek Hill Apartment Homes in the Outer Brighton Fairport neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,180. Here is today’s list of the most affordable Penfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Country Manor Apartment HomesOne Bedroom1BR,1BA$1,175
Creek Hill Apartment HomesOne Bedroom - 635 sqft1BR,1BA$1,180
Whitney Ridge Apartments1 Bedroom1BR,1BA$1,256
Webster Manor Apartment HomesOne Bedroom- 707 sqft1BR,1BA$1,285
Highview Manor Apartments1 Bedroom, 1 Bath 640 sq. ft.1BR,1BA$1,295

Best Value Apartments for Rent in Penfield, NY and Nearby

As of December 11, 2025 the best value apartment in the Penfield area is the $1.49 price per square foot Starting From $2,000* – New 3-Bed, 2.5-Bath Tow... Model at Fourmile Creek Apartments and Townhomes in the starting from $2,400. The second greatest value Penfield apartment is the 2 Bedroom Ranch Model at Waterview Townhouse Apartments starting at $2,358 with a $1.59 price per square foot in the Webster 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.
Fourmile Creek Apartments and TownhomesStarting From $2,000* – New 3-Bed, 2.5-Bath Tow...3BR,2.5BA$1.49
Waterview Townhouse Apartments2 Bedroom Ranch2BR,1.5BA$1.59
62 E Church St, Unit 64 East Church62 E Church St3BR,1BA$1.43
Royal Sunset Townhomes2BDR 2 1/2 BA Townhome2BR,2.5BA$1.25
Oakwood Manor Apartments3 Bedroom3BR,1BA$1.42
Brittany Woods TownhomesBrittany Woods 2 BR 2 BA Ranch Style Townhome2BR,2BA$1.58
142-144 Ohio St, Unit DN142-144 Ohio St2BR,1BA$1.20
Pennwood Apartments2x12BR,1BA$1.50
310 Cedar Pl, Unit 2 bed room lower310 Cedar Pl2BR,1BA$1.33
64 Tryon Park, Unit Up64 Tryon Park2BR,1BA$1.45

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

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Frequently Asked Questions about Penfield

What type of rentals are currently available in Penfield?

There are currently 166 Apartments for Rent in Penfield, NY with pricing that ranges from $706 to $5,445. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penfield ranging from $750 to $5,995.

What is the current price range for Rental Homes in Penfield?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Penfield ranges from $750 to $5,995 with an average monthly rent of $2,677.

How much are larger Three and Four Bedroom Rentals in Penfield?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Penfield range from $1,049 to $5,445, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,475 to $5,995. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $1,240.

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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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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!