823 Main St
AltavistaVA24517
Cheap Homes for Rent near Penhook, VA from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Penhook.
928 Banks Rd S
MartinsvilleVA24112
409-411 Novelty St
AltavistaVA24517
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.
305 Granville St
MartinsvilleVA24112
417-419 Novelty St
AltavistaVA24517
935 Myrtle Rd
MartinsvilleVA24112
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.
78 Cooks Park Dr
FerrumVA24088
Showing Results 1-7, 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 | $1,354 | $750 | $2,200 |
| Penhook 3 Bedroom Homes for Rent | $1,654 | $995 | $2,725 |
| Penhook 4 Bedroom Homes for Rent | $1,908 | $1,650 | $2,200 |
| 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
Explore Penhook
Penhook, VA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Penhook Apartments for Rent and Nearby
The cheapest available apartment rental in Penhook, VA is a 2 Beds unit found at Hill Court Apartments priced from $875. 1222-1224 Maple Ave SW in the Gilmer neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Penhook apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 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 August 07, 2026 the best value apartment in the Penhook area is the $1.33 price per square foot Renovated Three Bedroom Model at Glade Creek (I) in the in the Monterey neighborhood starting from $1,745. 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. |
|---|---|---|---|
| Glade Creek (I) | Renovated Three Bedroom | 3BR,2BA | $1.33 |
| Blue Ridge Village Apartments | 2/1.5 40% AMI | 2BR,1.5BA | $0.91 |
| Westmont Apartments | 2BR | 2BR,2BA | $1.31 |
| Windy Hill Key | 2 Bedroom, 2 Bath | 2BR,2BA | $1.31 |
| The Everett | 2 Bed, 1 Bath A Income-Restricted | 2BR,1BA | $1.38 |
| Liberty Manor Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.32 |
| Flats at Glade Creek | 2X1 | 2BR,1BA | $1.48 |
| Gardens At Grandin - II | 1BR/1.0BA | 1BR,1BA | $1.24 |
| The Flora | 1BR/1.0BA | 1BR,1BA | $1.48 |
| School Drive Apartments | One Bedroom | 1BR,1BA | $1.31 |
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 Article
Quick 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.
Let everyone know!
Do you know the Penhook area?
If you’re an expert on all things Penhook, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 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 $799 to $3,845. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penhook ranging from $750 to $2,725.
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 $750 to $2,725 with an average monthly rent of $1,542.
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 $3,845, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $2,725. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $1,805.
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.
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.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
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.