
Cheap Homes for Rent near Penfield, NY from $900 (4 Rentals)
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25 Rosewood Terrace
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.

656 Parsells Ave

119 Rosewood Terrace
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.
Penfield, NY Local Guide

How much does it cost to rent a home in Penfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penfield 2 Bedroom Homes for Rent | $1,991 | $950 | $2,995 |
| Penfield 3 Bedroom Homes for Rent | $2,670 | $2,000 | $4,800 |
| Penfield 4 Bedroom Homes for Rent | $3,300 | $2,500 | $3,500 |
| Penfield 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
| Penfield 6 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
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Penfield, NY Local Guide
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Best Value Apartments for Rent in Penfield, NY and Nearby
As of August 07, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1026 Harvard Street 1 | 1st floor | 3BR,2BA | $1.58 |
| 1026 Harvard St, Unit Apt 1 | 1026 Harvard St | 3BR,2BA | $1.37 |
| Daniel's Creek at Baytowne | 3BR U | 3BR,2BA | $1.55 |
| Carriage Hill | Two Bedroom | 2BR,2BA | $1.57 |
| Waverlywood Apartments and Townhomes | Two Bedroom- 1060 sqft | 2BR,1BA | $1.37 |
| Whitney Ridge Apartments | 2 Bedroom, 1.5 Bath Two Story Apartment | 2BR,1.5BA | $1.55 |
| Fox Run | 2 Bed | 2BR,1BA | $1.64 |
| Pennwood Apartments | 2x1 | 2BR,1BA | $1.65 |
| 1476 Ridge Rd, Unit # 6 | 1476 Ridge Rd | 2BR,1BA | $1.37 |
| 384 Helendale Rd, Unit Apartment 2nd floor | 384 Helendale Rd | 1BR,1BA | $1.48 |
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.
Read ArticleReal 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.
Best Local Schools in Penfield, NY
Scribner Road Elementary School
Penfield Senior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Penfield, NY Rentals by Map
See the most popular apartments and homes in Penfield, NY
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 $758 to $5,231. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penfield ranging from $950 to $14,000.
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 $950 to $14,000 with an average monthly rent of $2,708.
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 $1,127 to $4,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $4,800. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $1,333.
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

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.

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.

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.

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.