1801 Washington Ave
MissionTX78572
Cheap Homes for Rent near Penitas, TX from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Penitas.
1740 W Business Hwy 83
MissionTX78572
21 Meadowlark St
PalmviewTX78572
16 Circle Dr
MissionTX78572
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.
11 Royal Palm St
MissionTX78572
11 S Ironwood St
PharrTX78577
14 Rusty Dr
PharrTX78577
20 20th St
MissionTX78572
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.
11 Paseo Del Rey
MissionTX78572
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Penitas, TX Local Guide
Texas - Bluebonnet in a Field by Anne Worner is licensed under CC BY 2.0
How much does it cost to rent a home in Penitas?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penitas 2 Bedroom Homes for Rent | $882 | $575 | $1,200 |
| Penitas 3 Bedroom Homes for Rent | $1,786 | $1,000 | $2,400 |
| Penitas 4 Bedroom Homes for Rent | $2,575 | $1,500 | $3,650 |
| Penitas 5 Bedroom Homes for Rent | $6,000 | $6,000 | $6,000 |
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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 2 Beds unit found at La Villa De Alton in the Alton neighborhood priced from $417. Reypres Villas in the Doffing 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 | B1 | 2BR,1BA | $417 |
| Reypres Villas | Studio | Studio,1BA | $550 |
| Patriot Pointe | 1 Bed, 1 bath | 1BR,1BA | $650 |
Best Value Apartments for Rent in Penitas, TX and Nearby
As of July 22, 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 in the East McAllen neighborhood starting from $1,080. The second greatest value Penitas apartment is the 3B2B Model at Vintage Square Apartments, McAllen, TX starting at $1,200 with a $0.93 price per square foot in the Meadow Ridge 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 |
| Vintage Square Apartments, McAllen, TX | 3B2B | 3BR,2BA | $0.93 |
| McAllen Flats | 2X2.5 | 2BR,2.5BA | $0.86 |
| Hibiscus Village | C | 2BR,2BA | $0.89 |
| Bella Vista | 2BR-811 | 2BR,2BA | $0.83 |
| La Cantera Apartments Mission, Texas | 2 bed/ 2 bath | 2BR,2BA | $0.83 |
| La Villa De Alton | B1 | 2BR,1BA | $0.43 |
| Dove Cove Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.89 |
| Palma Vista | 1BR | 1BR,1BA | $0.90 |
| Atrium Place | Vestibule | 1BR,1.5BA | $0.86 |
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.
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Pet Friendly LifestylePenitas, TX
Ranked #200
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!
Explore Penitas, TX Rentals by Map
See the most popular apartments and homes in Penitas, TX
Frequently Asked Questions about Penitas
What type of rentals are currently available in Penitas?
There are currently 84 Apartments for Rent in Penitas, TX with pricing that ranges from $316 to $2,591. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penitas ranging from $575 to $6,000.
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 $575 to $6,000 with an average monthly rent of $2,378.
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 $516 to $2,225, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,329.
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.
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.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.