
Cheap Apartments for Rent near Penfield, PA from $510 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Penfield.


Forest Hills Apartments

Mountain View

5535 PA-155

Turtle Creek Apartments at Toftrees

908 Main St

223 N 10th St
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Regency Commons

138 N 9th St

273 S 7th St

961 Church St

807 6th Ave

628 Sycamore St

1102 17th Ave
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289 South Ave

205 3rd Ave

1412 3rd Ave

1330 Charles St

534 Walnut St

1511 20th Ave

26 S Fairview St
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Penfield, PA Local Guide

How much does it cost to rent an apartment in Penfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penfield Studio Apartments | $1,617 | $1,010 | $2,559 |
| Penfield 1 Bedroom Apartments | $1,093 | $510 | $2,399 |
| Penfield 2 Bedroom Apartments | $1,768 | $790 | $3,008 |
| Penfield 3 Bedroom Apartments | $1,637 | $799 | $4,079 |
| Penfield 4 Bedroom Apartments | $1,414 | $550 | $2,029 |
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Penfield, PA Local Guide
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Cheapest Available Penfield Apartments for Rent and Nearby
 The cheapest available apartment rental in Penfield, PA is a 1 Bed unit found at Eagle Park Apartments priced from $510. The Station State College in the College Heights neighborhood has the second lowest priced unit, which is a 5 Beds apartment currently listed from $785. Here is today’s list of the most affordable Penfield apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eagle Park Apartments | Limestone | 1BR,1BA | $510 |
| The Station State College | Talmadge Furnished-5x5.5 | 5BR,5BA | $785 |
| Forest Hills Apartments | Two Bedroom | 2BR,1BA | $790 |
| Mountain View | Unfurnished | 2BR,2BA | $925 |
| Wolf Run | Two Bedroom | 2BR,1BA | $1,300 |
Best Value Apartments for Rent in Penfield, PA and Nearby
As of September 15, 2026 the best value apartment in the Penfield area is the $0.69 price per square foot Two Bedroom Model at Wolf Run in the starting from $1,300. The second greatest value Penfield apartment is the Lumpkin B Furnished-4x4.5 Model at The Station State College starting at $993 with a $0.54 price per square foot in the College Heights 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. |
|---|---|---|---|
| Wolf Run | Two Bedroom | 2BR,1.5BA | $0.69 |
| The Station State College | Lumpkin B Furnished-4x4.5 | 4BR,4.5BA | $0.54 |
| State College Collective on Farmstead | 3BR/3.5BA - Standard - Upgraded Unfurnished | 3BR,3.5BA | $0.44 |
| The Villas at Happy Valley | 3x3.5 Townhome | 3BR,3.5BA | $0.64 |
| The Bryn | 3BR/2BA | 3BR,2BA | $0.78 |
| The View | 2x2 Premium | 2BR,2BA | $1.26 |
| Altoona Student Housing | 1 Bed | 1BR,1BA | $0.46 |
| Tremont | 2BR/2BA | 2BR,2BA | $1.21 |
| Mountain View | Unfurnished | 2BR,2BA | $1.30 |
| Forest Hills Apartments | Two Bedroom | 2BR,1BA | $1.13 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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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.
Read ArticleQuick Rent Budget Calculator
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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 $510 at Eagle Park Apartments.
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 $790 at Forest Hills Apartments.
What is the most affordable Penfield Three Bedroom Apartment?
The best deal on a cheap Penfield Three Bedroom Apartment rental is at Forest Hills Apartments and starts from $890.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.