
Cheap Apartments for Rent near Penfield, PA from $500 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in Penfield.


225 W Beaver Ave

Forest Hills Apartments

Turtle Creek Apartments at Toftrees

Haus

The Canyon
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.

908 Main St

Regency Commons

807 6th Ave

110 S Lloyd St

317 Turnpike Ave

652 Sixth St.
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.

161 Pentagon Cir

18 Monument Orviston Rd

1330 Charles St

906 Johnson Ave

339 S Fairview St

5535 PA-155
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.

1109 16th Ave
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 | $1,397 | $1,010 | $1,919 |
| Penfield 1 Bedroom Apartments | $1,111 | $510 | $2,399 |
| Penfield 2 Bedroom Apartments | $1,782 | $250 | $3,008 |
| Penfield 3 Bedroom Apartments | $1,720 | $775 | $4,221 |
| Penfield 4 Bedroom Apartments | $957 | $595 | $1,849 |
Browse Top Apartments in Penfield
See all Apartments in PenfieldExplore Penfield
Penfield, PA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Penfield Apartments for Rent and Nearby
 The cheapest available apartment rental in Penfield, PA is a 2 Beds unit found at Echelon State College priced from $250. Eagle Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $510. Here is today’s list of the most affordable Penfield apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Echelon State College | Buckeye B1 (INC)- 2x1 | 2BR,1BA | $250 |
| Eagle Park Apartments | Limestone | 1BR,1BA | $510 |
| Forest Hills Apartments | Two Bedroom | 2BR,1BA | $790 |
| Brickwork Properties Communities | 1 Bedroom, 1 Bath | 1BR,1BA | $1,198 |
| Vairo Village | Studio | Studio,1BA | $1,338 |
Best Value Apartments for Rent in Penfield, PA and Nearby
As of July 31, 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 3x3.5 Townhome Model at The Villas at Happy Valley starting at $775 with a $0.62 price per square foot . 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 Villas at Happy Valley | 3x3.5 Townhome | 3BR,3.5BA | $0.62 |
| Tremont | 4BR/2BA | 4BR,2BA | $0.55 |
| The Bryn | 3BR/2BA | 3BR,2BA | $0.78 |
| The Pointe at State College | 3 Bedroom/3 Bath | 3BR,3BA | $0.86 |
| Altoona Student Housing | 1 Bed | 1BR,1BA | $0.46 |
| Park Crest Terrace | 2 Beds, 2 baths | 2BR,2BA | $1.78 |
| Forest Hills Apartments | Two Bedroom | 2BR,1BA | $1.13 |
| Brickwork Properties Communities | 1 Bedroom, 1 Bath | 1BR,1BA | $1.79 |
| Echelon State College | Buckeye B1 (INC)- 2x1 | 2BR,1BA | $0.37 |
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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Penfield, PA Rentals by Map
See the most popular apartments and homes in Penfield, PA
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 $250 at Echelon State College.
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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.