301 Grand Ave
ClarionPA16214
Cheap Homes for Rent in Penfield, PA from $500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Penfield.
508 Good St
HoutzdalePA16651
29 Pine Air Ct
ClearfieldPA16830
235 N Ridge St
BellefontePA16823
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
1341 Turnpike Ave
ClearfieldPA16830
124 S 2nd St
PhilipsburgPA16866
244 E Nittany Ave
State CollegePA16801
89 Church St
PhilipsburgPA16866
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Penfield, PA Local Guide
Amish Country by CucombreLibre is licensed under CC BY 2.0
How much does it cost to rent a home in Penfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penfield 2 Bedroom Homes for Rent | $1,804 | $800 | $2,200 |
| Penfield 3 Bedroom Homes for Rent | $2,036 | $950 | $3,000 |
| Penfield 4 Bedroom Homes for Rent | $2,711 | $1,000 | $4,000 |
Browse Top Homes for Rent in Penfield
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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 $550. Wehnwood Court Student Living has the second lowest priced unit, which is a 1 Bed apartment currently listed from $649. Here is today’s list of the most affordable Penfield apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eagle Park Apartments | Small Studio w/AC | 1BR,1BA | $550 |
| Wehnwood Court Student Living | Suites Single Occupancy | 1BR,1BA | $649 |
| Hyman Hills Apartments | Three Bedroom | 3BR,1BA | $890 |
Best Value Apartments for Rent in Penfield, PA and Nearby
As of June 03, 2025 the best value apartment in the Penfield area is the $0.90 price per square foot 3 Bedroom Unit Model at Ridgewood Greene in the starting from $1,166. The second greatest value Penfield apartment is the Three Bedroom Townhome Model at The Villas at Happy Valley starting at $765 with a $0.61 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. |
|---|---|---|---|
| Ridgewood Greene | 3 Bedroom Unit | 3BR,1.5BA | $0.90 |
| The Villas at Happy Valley | Three Bedroom Townhome | 3BR,3.5BA | $0.61 |
| Wolf Run Manor Townhomes | Platinum | 2BR,1.5BA | $1.28 |
| Hyman Hills Apartments | Three Bedroom | 3BR,1BA | $0.81 |
| Brickwork Properties Communities | 1 Bed, 1.5 Bath | 1BR,1.5BA | $1.30 |
| The View | 2x2 Standard | 2BR,2BA | $1.00 |
| The Pointe at State College | 3 Bedroom/3 Bath | 3BR,3BA | $0.91 |
| Altoona Student Housing | 1 Bed | 1BR,1BA | $0.46 |
| The Bryn | 2BR/2BA | 2BR,2BA | $1.17 |
| Tremont | 2BR/2BA | 2BR,2BA | $1.26 |
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Frequently Asked Questions about Penfield
What type of rentals are currently available in Penfield?
There are currently 48 Apartments for Rent in Penfield, PA with pricing that ranges from $550 to $12,000. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penfield ranging from $530 to $4,000.
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 $530 to $4,000 with an average monthly rent of $1,848.
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 $839 to $4,185, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $739.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.