
Cheap Homes for Rent in Penitas, TX from $400 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Penitas.


3206 Hill Crest Dr

6 E St

28 A St

7 W Business Hwy 83
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.

2017 Graham Ave

405 E 2nd St, Unit B

825 S Mississippi St

13 South Dr

18 Royal Palm St
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.
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 | $1,130 | $750 | $1,900 |
Penitas 3 Bedroom Homes for Rent | $1,579 | $1,100 | $2,500 |
Penitas 4 Bedroom Homes for Rent | $2,100 | $1,700 | $2,500 |
Penitas 5 Bedroom Homes for Rent | $4,100 | $3,300 | $4,900 |
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Penitas, TX Local Guide
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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 September 28, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Vintage Square Apartments, McAllen, TX | 3B2B | 3BR,2BA | $0.88 |
St. Antimo Apartments | Two Bedroom | 2BR,2BA | $0.83 |
Danubia | 2X2.5 | 2BR,2.5BA | $0.81 |
Pueblo De Paz Apartments | 3 Bedroom | 3BR,2BA | $0.93 |
Palma Vista | 2BR | 2BR,2BA | $0.93 |
La Esperanza De Alton- Income Restricted | 3 Bed 2 Bath | 3BR,2BA | $0.94 |
La Cantera Apartments Mission, Texas | 2 bed/ 2 bath | 2BR,2BA | $0.83 |
503 E 3rd St, Unit 6 | 503 E 3rd St | 2BR,2BA | $0.88 |
502 E 2nd St, Unit 3 | 502 E 2nd St | 2BR,2BA | $0.88 |
La Villa De Alton | A1 | 1BR,1BA | $0.53 |
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Pet Friendly LifestylePenitas, TX
Ranked #323
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Penitas
What type of rentals are currently available in Penitas?
There are currently 75 Apartments for Rent in Penitas, TX with pricing that ranges from $351 to $2,631. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penitas ranging from $400 to $4,900.
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 $400 to $4,900 with an average monthly rent of $1,898.
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 $2,255, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $2,340.
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.

Kansas Citys Major Employers & the Best Places to Rent Near Them | A Local Expert Guide
Written by: Amber Kanuckel
Hey, there! I’m Amber, your ApartmentHomeLiving.com local expert for Kansas City, and I’m back with my recommendations for top employers in the area.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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.