21 B St
MissionTX78572
Cheap Homes for Rent in Penitas, TX from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Penitas.
1740 E 29th St
PalmviewTX78572
21 Meadowlark St
PalmviewTX78572
23 23rd St
PalmviewTX78572
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
7 Ash St
MissionTX78572
11 Royal Palm St
MissionTX78572
503 E 3rd St, Unit 4
503 E 3rd St
La JoyaTX78560
3705 Paola St
EdinburgTX78541
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.
1 Jessica Dr
MissionTX78574
Showing Results 1-9, Page 1 of 1
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 | $1,105 | $775 | $1,350 |
| Penitas 3 Bedroom Homes for Rent | $1,685 | $1,000 | $2,900 |
| Penitas 4 Bedroom Homes for Rent | $2,500 | $2,100 | $3,200 |
| Penitas 5 Bedroom Homes for Rent | $6,000 | $6,000 | $6,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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 $356. 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 | A1 | 1BR,1BA | $356 |
| 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 June 04, 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 | $0.77 |
| 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 |
| Rio De Vida | Two Bedroom | 2BR,2BA | $0.94 |
| Atrium Place | Vestibule | 1BR,1.5BA | $0.92 |
| Jackson Square | 1X1 | 1BR,1BA | $0.95 |
| La Villa De Alton | A1 | 1BR,1BA | $0.50 |
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.
Read ArticleQuick 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.
Let everyone know!
Do you know the Penitas area?
If you’re an expert on all things Penitas, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestylePenitas, TX
Ranked #232
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 38 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 $2,389.
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 $2,215, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,900. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $1,595.
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
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.