
Cheap Apartments for Rent in Penhook, VA from $700 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Penhook.


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Frontier Apartments

74-78 Halifax Dr

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Blue Ridge Village Apartments

Hill Court Apartments

Total Monthly Price
1222-1224 Maple Ave SW

Meadow Run

Total Monthly Price
Stone Ridge Apartments- Convenient Location

The Aurora - Residential
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631 Campbell Ave LLC - Residential

Chief Tassel

Northpointe

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The Heights at Gateway Park

Mount Pleasant Villas

One Ellsworth

Chatham Lofts

Gardens At Grandin - II

Total Monthly Price
The Flora
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Flats at Glade Creek

2712 Rakes Rd

20733 Virgil H Goode Hwy

6 Circle Dr

10 Circle Dr

8 Circle Dr

202 Elm Ave

705 4th St

2001 Lynn Ave
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Fayette Street Lofts

The Everett

808 D St

922 12th St SE

The Lawson Building East

85 Wilson St

School Drive Apartments

115 Elm Ave SW

1612 Campbell Ave SE
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954 Niagara Rd

483 Virgil H Goode Hwy

1138 Highland Ave SE

5109 Dry Fork Rd

2280 Oak Level Rd

58 West Apartments

3rd,SW,1401

301 Gilmer Ave

2504 Longview Ave SW
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Penhook, VA Local Guide

How much does it cost to rent an apartment in Penhook?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penhook Studio Apartments | $966 | $935 | $1,040 |
| Penhook 1 Bedroom Apartments | $1,334 | $795 | $2,735 |
| Penhook 2 Bedroom Apartments | $1,638 | $875 | $3,745 |
| Penhook 3 Bedroom Apartments | $1,888 | $999 | $3,675 |
| Penhook 4 Bedroom Apartments | $1,890 | $1,790 | $1,940 |
Browse Top Apartments in Penhook
See all Apartments in PenhookExplore Penhook
Penhook, VA Local Guide
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Cheapest Available Penhook Apartments for Rent and Nearby
 The cheapest available apartment rental in Penhook, VA is a 1 Bed unit found at 100 Marshall Way priced from $795. 74-78 Halifax Dr has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Penhook apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 100 Marshall Way | 1 Bedroom | 1BR,1BA | $795 |
| 74-78 Halifax Dr | 1Br/1Ba | 1BR,1BA | $800 |
| Frontier Apartments | 1 Bed Whitehall | 1BR,1BA | $825 |
| The Everett | 1 Bed, 1 Bath A Income-Restricted | 1BR,1BA | $850 |
| Hill Court Apartments | 2 Bed 1 Bath | 2BR,1BA | $875 |
| 1222-1224 Maple Ave SW | 1 Bed 1 Bath | 1BR,1BA | $895 |
| Stone Ridge Apartments- Convenient Location | 1BR/1.0BA | 1BR,1BA | $925 |
| The Aurora - Residential | 0BR/1.0BA | Studio,1BA | $935 |
| Chief Tassel | One Bed - Unfurnished | 1BR,1BA | $945 |
| 631 Campbell Ave LLC - Residential | Studio Loft | Studio,1BA | $945 |
Best Value Apartments for Rent in Penhook, VA and Nearby
As of April 29, 2026 the best value apartment in the Penhook area is the $1.30 price per square foot 3 Bedroom, 2 Bath Model at Windy Hill Key in the in the Southern Hills neighborhood starting from $1,611. The second greatest value Penhook apartment is the Renovated Two Bedroom Two Bathroom Model at Glade Creek (I) starting at $1,705 with a $1.45 price per square foot in the Monterey neighborhood. Here is today’s list of the best values for Penhook apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Windy Hill Key | 3 Bedroom, 2 Bath | 3BR,2BA | $1.30 |
| Glade Creek (I) | Renovated Two Bedroom Two Bathroom | 2BR,2BA | $1.45 |
| Blue Ridge Village Apartments | 2/1.5 50% AMI | 2BR,1.5BA | $1.05 |
| Oak Grove Village Apartments | Bulk market rent | 2BR,1.5BA | $1.16 |
| Gardens At Grandin - II | 2BR/1.0BA | 2BR,1BA | $1.07 |
| The Everett | 2 Bed, 1 Bath A Standard | 2BR,1BA | $1.44 |
| 100 Marshall Way | 1 Bedroom | 1BR,1BA | $0.88 |
| Liberty Manor Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.32 |
| Northpointe | 2 | 2BR,1.5BA | $1.13 |
| 74-78 Halifax Dr | 1Br/1Ba | 1BR,1BA | $1.23 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 Penhook, VA Rentals by Map
See the most popular apartments and homes in Penhook, VA
Frequently Asked Questions about Cheap Penhook Apartments
How much is rent for a Cheap One Bedroom Penhook Apartment?
The lowest price for a Cheap One Bedroom Penhook Apartment is $795 at 100 Marshall Way.
What is the lowest price for a Cheap Two Bedroom Penhook Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Penhook is starting from $875 at Hill Court Apartments.
What is the most affordable Penhook Three Bedroom Apartment?
The best deal on a cheap Penhook Three Bedroom Apartment rental is at Hill Court Apartments and starts from $999.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.