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$799 - $1,499
Total Monthly Price
Base Rent$799 - $1,499
Total Monthly Price$799 - $1,499
Frontier Apartments
4302-4410 Plantation Rd NERoanoke, VA 24012
Cheap Apartments for Rent near Penhook, VA from $799 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Penhook.
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$800 - $1,200
Total Monthly Price
Base Rent$800 - $1,200
Total Monthly Price$800 - $1,200
74-78 Halifax Dr
74-78 Halifax DrCollinsville, VA 24078
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$845 - $965
Total Monthly Price
Base Rent$795 - $915
Required Monthly Fees$50
Total Monthly Price$845 - $965
Fayette Street Lofts
62 Fayette StreetMartinsville, VA 24112
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$895
Total Monthly Price
Base Rent$895
Total Monthly PriceVaries
1222-1224 Maple Ave SW
1222-1224 Maple Ave SWRoanoke, VA 24016
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$915
Total Monthly Price
Base Rent$915
Total Monthly PriceVaries
The Stone Ridge Apartments
3715 Parliament Rd SWRoanoke, VA 24014
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Rent Specials
$925 - $1,275
Total Monthly Price
Base Rent$925 - $1,275
Total Monthly Price$925 - $1,275
Mount Pleasant Villas
1726 Rutrough Rd SERoanoke, VA 24014
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Rent Specials
$945 - $995
Total Monthly Price
Base Rent$945 - $995
Total Monthly PriceVaries
Chief Tassel
51 E Church StMartinsville, VA 24112
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$950
Total Monthly Price
Base Rent$950
Total Monthly Price$950
Meadow Run
101 Wood StMartinsville, VA 24112
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.
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$995 - $1,250
Total Monthly Price
Base Rent$995 - $1,250
Total Monthly Price$995 - $1,250
Gardens At Grandin - II
2343 Memorial Ave SWRoanoke, VA 24015
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$1,000 - $1,125
Total Monthly Price
Base Rent$1,000 - $1,125
Total Monthly Price$1,000 - $1,125
ONE Ellsworth
1 Ellsworth StMartinsville, VA 24112
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$1,015 - $1,045
Total Monthly Price
Base Rent$857 - $887
Required Monthly Fees$158
Total Monthly Price$1,015 - $1,045
Blue Ridge Village Apartments
2744 Melrose Ave NWRoanoke, VA 24017
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$1,050 - $1,225
Total Monthly Price
Base Rent$1,050 - $1,225
Total Monthly Price$1,050 - $1,225
Northpointe
100 NorthPointe LnDanville, VA 24540
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$1,050 - $1,595
Total Monthly Price
Base Rent$1,050 - $1,595
Total Monthly Price$1,050 - $1,595
Chatham Lofts
315 S Main StChatham, VA 24531
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$1,050
Total Monthly Price
Base Rent$1,050
Total Monthly PriceVaries
Wedgewood Village
102 McAlliff LnMoneta, VA 24121
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$1,070 - $1,290
Total Monthly Price
Base Rent$975 - $1,195
Required Monthly Fees$95
Total Monthly Price$1,070 - $1,290
The Flora
503 Longwood AveBedford, VA 24523
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$1,075 - $1,450
Total Monthly Price
Base Rent$1,075 - $1,450
Total Monthly Price$1,075 - $1,450
The Aurora - Residential
110 Campbell Ave SWRoanoke, VA 24011
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.
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Rent Specials
$1,099 - $1,499
Total Monthly Price
Base Rent$1,099 - $1,499
Total Monthly PriceVaries
The Heights at Gateway Park
601 Orange Ave NERoanoke, VA 24016
41 Meadow Green Rd
BassettVA24055
53 Meadow Green Rd
BassettVA24055
89 Meadow Green Rd
BassettVA24055
1010 Chatham Heights Rd
MartinsvilleVA24112
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1 to 2 Bedroom Apartments
100 Marshall Way
100 Marshall WayFieldale, VA 24089
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1 to 2 Bedroom Apartments
2001 Lynn Ave
2001 Lynn Ave SWRoanoke, VA 24014
55 Woodcott Rd
FerrumVA24088
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.
2037 Piney Grove Rd
GretnaVA24557
433 Virgil H Goode Hwy
BassettVA24055
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1 to 2 Bedroom Apartments
The Lawson Building East
631 Campbell Ave SERoanoke, VA 24013
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1 to 2 Bedroom Apartments
School Drive Apartments
40 School DrCollinsville, VA 24078
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1 to 3 Bedroom Apartments
The Everett
4301 Garst Mill RdRoanoke, VA 24018
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1 to 2 Bedroom Apartments
115 Elm Ave SW
115 Elm Ave SWRoanoke, VA 24016
305 Granville St
MartinsvilleVA24112
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2 Bedroom Apartments
58 West Apartments
12265 Martinsville HwyDanville, VA 24541
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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1 Bedroom Apartments
3rd,SW,1401
1401 3rd St SWRoanoke, VA 24016
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Studio to 2 Bedroom Apartments
301 Gilmer Ave
301 Gilmer AveRoanoke, VA 24016
Showing Results 1-34, Page 1 of 1
Penhook, VA Local Guide
Yorktown, Virginia by mobili is licensed under CC BY 2.0
How much does it cost to rent an apartment in Penhook?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penhook 1 Bedroom Apartments | $1,319 | $799 | $2,930 |
| Penhook 2 Bedroom Apartments | $1,642 | $899 | $3,615 |
| Penhook 3 Bedroom Apartments | $2,020 | $1,150 | $4,370 |
| Penhook 4 Bedroom Apartments | $1,887 | $1,805 | $1,929 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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 1222-1224 Maple Ave SW in the Gilmer neighborhood priced from $895. Fayette Street Lofts in the Upper Martinsville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $945. Here is today’s list of the most affordable Penhook apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1222-1224 Maple Ave SW | 1 Bed 1 Bath | 1BR,1BA | $895 |
| Fayette Street Lofts | Flat | 1BR,1BA | $945 |
| Chief Tassel | One Bed - Unfurnished | 1BR,1BA | $945 |
| Gardens At Grandin - II | 1BR/1.0BA | 1BR,1BA | $995 |
| Mount Pleasant Villas | 1x1 | 1BR,1BA | $999 |
| ONE Ellsworth | 1BR/1.0BA | 1BR,1BA | $1,000 |
| Blue Ridge Village Apartments | 2/1.5 40% AMI | 2BR,1BA | $1,015 |
| Northpointe | 2 | 2BR,1BA | $1,050 |
| The Flora | 1BR/1.0BA | 1BR,1BA | $1,070 |
| The Aurora - Residential | 1BR/1.0BA | 1BR,1BA | $1,075 |
Best Value Apartments for Rent in Penhook, VA and Nearby
As of September 12, 2026 the best value apartment in the Penhook area is the $0.90 price per square foot 3/2 50% AMI Model at Ridge View Apartments in the in the Upper Martinsville neighborhood starting from $1,150. The second greatest value Penhook apartment is the 2/1.5 40% AMI Model at Blue Ridge Village Apartments starting at $1,015 with a $0.91 price per square foot in the Gilmer 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. |
|---|---|---|---|
| Ridge View Apartments | 3/2 50% AMI | 3BR,2BA | $0.90 |
| Blue Ridge Village Apartments | 2/1.5 40% AMI | 2BR,1.5BA | $0.91 |
| The Oak Grove Village Apartments | Bulk market rent | 2BR,1.5BA | $1.16 |
| Windy Hill Key | 2 Bedroom, 2 Bath | 2BR,2BA | $1.31 |
| Wedgewood Village | 2 Bedroom, 1 Bath | 2BR,1BA | $1.08 |
| The Everett | 2 Bed, 1 Bath A Income-Restricted | 2BR,1BA | $1.38 |
| Liberty Manor Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.32 |
| Northpointe | 2 upgrade | 2BR,1.5BA | $1.23 |
| Fayette Street Lofts | Flat | 1BR,1BA | $1.09 |
| Gardens At Grandin - II | 1BR/1.0BA | 1BR,1BA | $1.24 |
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.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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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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 $895 at 1222-1224 Maple Ave SW.
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 $1,015 at Blue Ridge Village Apartments.
What is the most affordable Penhook Three Bedroom Apartment?
The best deal on a cheap Penhook Three Bedroom Apartment rental is at Ridge View Apartments and starts from $1,150.
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.