6 Circle Dr
MartinsvilleVA24112
Cheap Homes for Rent in Penhook, VA from $700 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Penhook.
10 Circle Dr
MartinsvilleVA24112
8 Circle Dr
MartinsvilleVA24112
1101 Mountain Rd
MartinsvilleVA24112
202 Elm Ave
RoanokeVA24016
45 Woodcott Rd
FerrumVA24088
3726 New Spring Branch Rd SE
RoanokeVA24014
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922 12th St SE
RoanokeVA24013
85 Wilson St
Rocky MountVA24151
5109 Dry Fork Rd
Dry ForkVA24549
2885 Piney Rd
GretnaVA24557
2280 Oak Level Rd
BassettVA24055
2504 Longview Ave SW
RoanokeVA24014
483 Virgil H Goode Hwy
BassettVA24055
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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Penhook, VA Local Guide
Yorktown, Virginia by mobili is licensed under CC BY 2.0
How much does it cost to rent a home in Penhook?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penhook 2 Bedroom Homes for Rent | $1,076 | $700 | $1,995 |
| Penhook 3 Bedroom Homes for Rent | $1,406 | $1,000 | $1,950 |
| Penhook 4 Bedroom Homes for Rent | $2,695 | $1,450 | $6,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 74-78 Halifax Dr priced from $800. Meadow Run in the Upper Martinsville neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $850. Here is today’s list of the most affordable Penhook apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 74-78 Halifax Dr | 1Br/1Ba | 1BR,1BA | $800 |
| Meadow Run | 2 Bed 1.5 Bath | 2BR,1BA | $850 |
| Hill Court Apartments | 2 Bed 1 Bath | 2BR,1BA | $875 |
| 1222-1224 Maple Ave SW | 1 Bed 1 Bath | 1BR,1BA | $895 |
| School Drive Apartments | One Bedroom | 1BR,1BA | $921 |
Best Value Apartments for Rent in Penhook, VA and Nearby
As of March 24, 2026 the best value apartment in the Penhook area is the $0.87 price per square foot 3/2 50% AMI Model at Ridge View Apartments in the in the Upper Martinsville neighborhood starting from $1,119. The second greatest value Penhook apartment is the 3 Bedroom, 2 Bath Model at Windy Hill Key starting at $1,611 with a $1.30 price per square foot in the Southern Hills 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 | $0.87 |
| Windy Hill Key | 3 Bedroom, 2 Bath | 3BR,2BA | $1.30 |
| Meadow Run | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.71 |
| Glade Creek (I) | Renovated Two Bedroom Two Bathroom | 2BR,2BA | $1.37 |
| Gardens At Grandin - II | 2BR/1.0BA | 2BR,1BA | $1.07 |
| Westmont Apartments | 2BR | 2BR,2BA | $1.35 |
| Liberty Manor Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.32 |
| Frontier Apartments | 2BR 1BA Upgraded | 2BR,1BA | $1.31 |
| School Drive Apartments | One Bedroom | 1BR,1BA | $1.31 |
| 74-78 Halifax Dr | 1Br/1Ba | 1BR,1BA | $1.23 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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Frequently Asked Questions about Penhook
What type of rentals are currently available in Penhook?
There are currently 54 Apartments for Rent in Penhook, VA with pricing that ranges from $799 to $3,795. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penhook ranging from $700 to $6,000.
What is the current price range for Rental Homes in Penhook?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Penhook ranges from $700 to $6,000 with an average monthly rent of $1,410.
How much are larger Three and Four Bedroom Rentals in Penhook?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Penhook range from $999 to $3,795, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $1,950. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $1,790.
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
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.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.