Cheap Apartments for Rent in Penitas, TX from $300 (57 Rentals)

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Search the lowest-cost Apartments available for rent right now in Penitas.

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Jackson Square
1 to 2 Bedroom Apartments

Jackson Square

700 W Jackson AveMcAllen, TX 78501
property at 405 E 2nd St

405 E 2nd St

La JoyaTX78560

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Penitas, TX Local Guide

Cheapest Available Penitas Apartments for Rent and Nearby

 

The cheapest available apartment rental in Penitas, TX is a 1 Bed unit found at La Villa De Alton in the Outer Mission Alton neighborhood priced from $373. Reypres Villas in the Outer Mission Alton neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $550. Here is today’s list of the most affordable Penitas apartments for rent:

Apartment ListingModel NameBed/BathPriced From
La Villa De AltonA11BR,1BA$373
Reypres VillasStudioStudio,1BA$550
Hibiscus Apartments1 Bedroom 1 Bath1BR,1BA$656
Jackson Square1X11BR,1BA$699
The Monark Apartments1 Bed, 1 bath1BR,1BA$700
Villas De NolanaBougainvillea1BR,1BA$709
Peppertree1X11BR,1BA$739
Texan Ranch ApartmentsBunkhousesStudio,1BA$747
Pueblo De Paz Apartments2 Bedroom2BR,2BA$750

Best Value Apartments for Rent in Penitas, TX and Nearby

As of September 07, 2025 the best value apartment in the Penitas area is the $0.88 price per square foot 3B2B Model at Vintage Square Apartments, McAllen, TX in the in the Meadow Ridge neighborhood starting from $1,500. The second greatest value Penitas apartment is the Two Bedroom Model at St. Antimo Apartments starting at $1,080 with a $0.83 price per square foot in the East McAllen neighborhood. Here is today’s list of the best values for Penitas apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Vintage Square Apartments, McAllen, TX3B2B3BR,2BA$0.88
St. Antimo ApartmentsTwo Bedroom2BR,2BA$0.83
Danubia2X2.52BR,2.5BA$0.81
Pueblo De Paz Apartments3 Bedroom3BR,2BA$0.93
Palma Vista2BR2BR,2BA$0.93
La Cantera Apartments Mission, Texas2 bed/ 1.5 bath2BR,1.5BA$0.81
502 E 2nd St, Unit 3502 E 2nd St2BR,2BA$0.88
503 E 3rd St, Unit 6503 E 3rd St2BR,2BA$0.88
3802 Clavel Rd, Unit 23802 Clavel Rd2BR,1BA$0.81
La Villa De AltonA11BR,1BA$0.53

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Pet Friendly Lifestyle
Penitas, TX

Ranked #311

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Penitas, TX Rentals by Map

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See the most popular apartments and homes in Penitas, TX

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Getting Around Penitas, TX

Walk Score®

19 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

32 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Penitas Apartments

What is the Cheapest Studio apartment in Penitas?

Currently the most affordable Cheap Studio Apartment in Penitas is at Reypres Villas listed at $550.

How much is rent for a Cheap One Bedroom Penitas Apartment?

The lowest price for a Cheap One Bedroom Penitas Apartment is $373 at La Villa De Alton.

What is the lowest price for a Cheap Two Bedroom Penitas Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Penitas is starting from $440 at La Villa De Alton.

What is the most affordable Penitas Three Bedroom Apartment?

The best deal on a cheap Penitas Three Bedroom Apartment rental is at El Patrimonio Apartments and starts from $1,025.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.