113 Meadow Green Rd
BassettVA24055
Cheap Homes for Rent in Penhook, VA from $500 (20 Rentals)
Search the lowest-cost Homes available for rent right now in Penhook.
1628 Rivermont Hts Rd
MartinsvilleVA24112
305 Granville St
MartinsvilleVA24112
823 Main St
AltavistaVA24517
400-402 Amherst Ave
AltavistaVA24517
1789 Stultz Rd
MartinsvilleVA24112
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.
250 Harley Ln
DanvilleVA24540
92 Cooks Park Dr
FerrumVA24088
205 Nolens Hill Rd
FerrumVA24088
814 York St
MartinsvilleVA24112
5109 Dry Fork Rd
Dry ForkVA24549
969 Beech Mountain Rd
FerrumVA24088
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
18853 US-29
ChathamVA24531
1327 Fairmont Dr
VintonVA24179
1624 Redwood Rd SE
RoanokeVA24014
1513 Edgerton Ave SE
RoanokeVA24014
1380 Clover Rd
HurtVA24563
18833 US-29
ChathamVA24531
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
2866 Virgil H Goode Hwy
Rocky MountVA24151
1234 Pechin Ave SE
RoanokeVA24013
Showing Results 1-20, 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 a home in Penhook?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penhook 2 Bedroom Homes for Rent | $1,224 | $750 | $2,195 |
| Penhook 3 Bedroom Homes for Rent | $2,220 | $875 | $4,800 |
| Penhook 4 Bedroom Homes for Rent | $2,124 | $1,175 | $3,195 |
| Penhook 5 Bedroom Homes for Rent | $1,750 | $1,750 | $1,750 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Penhook
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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 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 |
| Hill Court Apartments | 2 Bed 1 Bath | 2BR,1BA | $875 |
| 1222-1224 Maple Ave SW | 1 Bed 1 Bath | 1BR,1BA | $895 |
Best Value Apartments for Rent in Penhook, VA and Nearby
As of June 23, 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 2 Bed 1.5 Bath Model at Meadow Run starting at $900 with a $0.75 price per square foot in the Upper Martinsville 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 |
| Meadow Run | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.75 |
| Glade Creek (I) | Renovated Two Bedroom Two Bathroom | 2BR,2BA | $1.38 |
| Bent Tree | 2 BEDROOM | 2BR,1BA | $1.22 |
| Gardens At Grandin - II | 2BR/1.0BA | 2BR,1BA | $1.07 |
| Liberty Manor Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.32 |
| 100 Marshall Way | 1 Bedroom | 1BR,1BA | $0.88 |
| The Flora | 1BR/1.0BA | 1BR,1BA | $1.48 |
| 74-78 Halifax Dr | 1Br/1Ba | 1BR,1BA | $1.23 |
| Stone Ridge Apartments | 1BR/1.0BA | 1BR,1BA | $1.46 |
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 Article
Real 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
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See the most popular apartments and homes in Penhook, VA
Frequently Asked Questions about Penhook
What type of rentals are currently available in Penhook?
There are currently 57 Apartments for Rent in Penhook, VA with pricing that ranges from $795 to $3,885. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penhook ranging from $575 to $4,800.
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 $575 to $4,800 with an average monthly rent of $1,681.
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 $3,885, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $4,800. Four Bedroom Single-Family rentals are also available starting from $1,175 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
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.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.