
Cheap Homes for Rent in Penitas, TX from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Penitas.


405 E 2nd St

825 S Mississippi St

2107 Double Eagle Dr
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

503 Mazatlan St

4321 Royal Palm St

1802 Oasis Dr

2213 Lake View Dr
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

301 Jessica Jane Ave
Penitas, TX Local Guide

How much does it cost to rent a home in Penitas?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Penitas 2 Bedroom Homes for Rent | $1,215 | $750 | $1,900 |
Penitas 3 Bedroom Homes for Rent | $1,710 | $1,100 | $2,800 |
Penitas 4 Bedroom Homes for Rent | $2,000 | $1,600 | $2,500 |
Penitas 5 Bedroom Homes for Rent | $3,900 | $3,300 | $4,500 |
Browse Top Homes for Rent in Penitas
Explore Penitas
Penitas, TX Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 West Sharyland 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
La Villa De Alton | A1 | 1BR,1BA | $373 |
Reypres Villas | Studio | Studio,1BA | $550 |
Hibiscus Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $656 |
Best Value Apartments for Rent in Penitas, TX and Nearby
As of August 04, 2025 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 in the East McAllen neighborhood starting from $1,080. The second greatest value Penitas apartment is the 3 Bedroom Model at Pueblo De Paz Apartments starting at $1,075 with a $0.93 price per square foot in the West Sharyland neighborhood. Here is today’s list of the best values for Penitas apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
St. Antimo Apartments | Two Bedroom | 2BR,2BA | $0.83 |
Pueblo De Paz Apartments | 3 Bedroom | 3BR,2BA | $0.93 |
Danubia | 2X1.5 | 2BR,1.5BA | $0.80 |
Palma Vista | 2BR | 2BR,2BA | $0.93 |
La Cantera Apartments Mission, Texas | 2 bed/ 1.5 bath | 2BR,1.5BA | $0.81 |
Avanti Legacy Valor Heights | B1 | 2BR,2BA | $0.82 |
406 E 3rd St, Unit 40 | 406 E 3rd St | 2BR,2BA | $0.85 |
503 E 3rd St, Unit 6 | 503 E 3rd St | 2BR,2BA | $0.88 |
3802 Clavel Rd, Unit 2 | 3802 Clavel Rd | 2BR,1BA | $0.81 |
La Villa De Alton | A1 | 1BR,1BA | $0.53 |
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.
Frequently Asked Questions about Penitas
What type of rentals are currently available in Penitas?
There are currently 71 Apartments for Rent in Penitas, TX with pricing that ranges from $351 to $2,631. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penitas ranging from $750 to $4,500.
What is the current price range for Rental Homes in Penitas?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Penitas ranges from $750 to $4,500 with an average monthly rent of $2,206.
How much are larger Three and Four Bedroom Rentals in Penitas?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Penitas range from $503 to $2,225, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $2,350.
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.

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.

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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.