Cheap Homes for Rent in Penfield, NY from $1,000 (13 Rentals)

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

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.

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.

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 Creek Hill Apartment Homes in the Culver Winton Main neighborhood priced from $1,225. Country Manor Apartment Homes in the Webster neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,265. Here is today’s list of the most affordable Penfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Creek Hill Apartment HomesOne Bedroom - 635 sqft1BR,1BA$1,225
Country Manor Apartment HomesOne Bedroom1BR,1BA$1,265
Highview Manor Apartments1 Bedroom, 1 Bath 640 sq. ft.1BR,1BA$1,345
Waverlywood Apartments and TownhomesOne Bedroom- 840 sqft1BR,1BA$1,350
Mountain Lane Apartments1 Bedroom Large1BR,1BA$1,425

Best Value Apartments for Rent in Penfield, NY and Nearby

As of September 19, 2025 the best value apartment in the Penfield area is the $1.52 price per square foot B8 Penthouse Model at The Venue Apartment Homes in the in the Browncroft neighborhood starting from $4,560. The second greatest value Penfield apartment is the Brittany Woods 3 BR 2.5 BA Townhome Model at Brittany Woods Townhomes starting at $2,650 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.
The Venue Apartment HomesB8 Penthouse2BR,2BA$1.52
Brittany Woods TownhomesBrittany Woods 3 BR 2.5 BA Townhome3BR,2.5BA$1.59
New Luxury Townhouses for Rent!TWO FREE MONTHS- 3br/2.5ba - Townhouse3BR,2.5BA$1.49
Village Path3 Bedroom, 2.5 Bath Townhome 1,405 sq. ft.3BR,2.5BA$1.53
Summit Knolls Apartments3 Bedroom, 1 1/2 Bathroom Townhome Available Fo...3BR,1.5BA$1.81
Oakwood Manor Apartments2 Bedroom2BR,1BA$1.55
Heritage Park ApartmentsTH 2 BEDROOM/ 1.5 BATH2BR,1.5BA$1.55
Waverlywood Apartments and TownhomesOne Bedroom- 840 sqft1BR,1BA$1.61
Mountain Lane Apartments1 Bedroom Large1BR,1BA$1.75
315 Merchants Rd, Unit One bedroom315 Merchants Rd1BR,1BA$1.79

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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 $4,560. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penfield ranging from $1,000 to $4,800.

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 $1,000 to $4,800 with an average monthly rent of $2,793.

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 $4,275, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $4,800. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $1,240.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.