Cheap Apartments for Rent in Penitas, TX from $316 (74 Rentals)

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

property at 18024 Sago Palm Dr
$750

Total Monthly Price

Base Rent$750
Total Monthly Price$750
2 Bedroom, 1 Bath Condo for Rent
Available Now

18024 Sago Palm Dr, Unit 1

18024 Sago Palm Dr
PenitasTX78576
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406 E 3rd St, Unit 40
$595

Total Monthly Price

Base Rent$595
Total Monthly Price$595
2 Bedroom Apartment Available Now

406 E 3rd St, Unit 40

406 E 3rd StLa Joya, TX 78560
Cost Per Sq.Ft.
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Hibiscus Village
Rent Specials
$982 - $1,345

Total Monthly Price

Base Rent$982 - $1,345
Total Monthly Price$982 - $1,345
1 to 3 Bedroom Apartments Available Now

Hibiscus Village

2412 Hibiscus AveMcAllen, TX 78501
Pet Friendly
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  • Utilities Included
  • Low Income

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301 Elida St
2 Bedroom Apartments

301 Elida St

301 Elida StPalmhurst, TX 78573
  • Utilities Included

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

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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 2 Beds unit found at La Villa De Alton in the Alton neighborhood priced from $417. Reypres Villa in the Doffing neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $450. Here is today’s list of the most affordable Penitas apartments for rent:

Apartment ListingModel NameBed/BathPriced From
La Villa De AltonB12BR, 1BA$417
Reypres VillaStudioStudio, 1BA$450
Patriot Pointe1 Bed, 1 bath1BR, 1BA$650
Bella VistaB2-50%2BR, 2BA$694
Maple Manor Apartments1 Bed 1 Bath1BR, 1BA$700
Anacua Village1 x 11BR, 1BA$714
Crossings Apartments1 Bed, 1 bath1BR, 1BA$735
Texan Ranch ApartmentsBunkhousesStudio, 1BA$747
Mission Terrace Phase I & II ApartmentsMission Terrace II- B1 A11BR, 1BA$750

Best Value Apartments for Rent in Penitas, TX and Nearby

As of September 19, 2026 the best value apartment in the Penitas area is the $0.83 price per square foot Two Bedroom Model at St. Antimo Apartments in the East McAllen neighborhood starting from $1,080. The second greatest value Penitas apartment is the 2X2.5 Model at McAllen Flats Apartment in the Northgate Crossing neighborhood starting at $1,014 with a $0.85 price per square foot. 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.
St. Antimo ApartmentsTwo Bedroom2BR, 2BA$0.83
McAllen Flats Apartment2X2.52BR, 2.5BA$0.85
Hibiscus VillageC2BR, 2BA$0.89
Bella Vista2BR-8112BR, 2BA$0.83
La Cantera Apartments Mission, Texas2 bed/ 2 bath2BR, 2BA$0.83
La Villa De AltonB12BR, 1BA$0.43
406 E 3rd St, Unit 40406 E 3rd St2BR, 2BA$0.66
Padre De Vida ApartmentsB12BR, 2BA$0.87
Rio De VidaTwo Bedroom2BR, 2BA$0.91
3802 Clavel Rd, Unit 23802 Clavel Rd2BR, 1BA$0.88

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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Navigating the Rental Market: Tips for First-Time Renters

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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.

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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.

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Pet Friendly Lifestyle
Penitas, TX

Ranked #252

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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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 Villa listed at $450.

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

The lowest price for a Cheap One Bedroom Penitas Apartment is $620 at Reypres Villa.

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 $417 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 Bella Vista and starts from $791.

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

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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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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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.

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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.