
Cheap Homes for Rent in Penn Laird, VA from $1,200 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Penn Laird.


2953 Congers Creek Rd

2861 Congers Creek Rd

1610 Allison Wy

1440 Katie Grv Wy

1691 Allison Wy

1628 Allison Wy
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.

1404 Katie Grv Wy

2937 Congers Creek Rd

1624 Allison Wy

6080 W Donnagail Dr

771 Hillmont Cir

1452 Katie Grv Wy

1411 Taylor Grove Ln
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.
Penn Laird, VA Local Guide

How much does it cost to rent a home in Penn Laird?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penn Laird 2 Bedroom Homes for Rent | $1,852 | $1,375 | $2,315 |
| Penn Laird 3 Bedroom Homes for Rent | $2,164 | $1,750 | $2,800 |
| Penn Laird 4 Bedroom Homes for Rent | $2,853 | $2,150 | $3,950 |
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Penn Laird, VA Local Guide
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Cheapest Available Penn Laird Apartments for Rent and Nearby
 The cheapest available apartment rental in Penn Laird, VA is a 1 Bed unit found at Colonnade Apartments I in the Downtown Harrisonburg neighborhood priced from $983. Landings at Weyers Cave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $985. Here is today’s list of the most affordable Penn Laird apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Colonnade Apartments I | Shenandoah - HC | 1BR,1BA | $983 |
| Landings at Weyers Cave | The Augusta | 2BR,2BA | $985 |
| Frontier Ridge Apartments | 2 BR | 2BR,2BA | $987 |
| Middlebrook Trace | 2 Bed | 2BR,1BA | $1,015 |
| Bailey Court | 1 Bedroom | 1BR,1BA | $1,056 |
Best Value Apartments for Rent in Penn Laird, VA and Nearby
As of April 22, 2026 the best value apartment in the Penn Laird area is the $0.54 price per square foot 4BD/4.5BA Renovated Model at Arcadia Harrisonburg in the in the Old Town Harrisonburg neighborhood starting from $705. The second greatest value Penn Laird apartment is the D1-Premium Model at The Hills Southview Apartments starting at $691 with a $0.53 price per square foot in the Old Town Harrisonburg neighborhood. Here is today’s list of the best values for Penn Laird apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Arcadia Harrisonburg | 4BD/4.5BA Renovated | 4BR,4.5BA | $0.54 |
| The Hills Southview Apartments | D1-Premium | 4BR,4BA | $0.53 |
| Clifton Knolls | 2 x 2 | 2BR,2BA | $1.25 |
| Waterford Village | 3 Bedroom 2 Bath | 3BR,2BA | $0.89 |
| The Hills Northview Apartments | D1-Premium | 4BR,2BA | $0.48 |
| North 38 | 3x3 Premium | 3BR,3BA | $0.64 |
| Landings at Weyers Cave | The Augusta | 2BR,2BA | $0.93 |
| Middlebrook Trace | 2 Bed | 2BR,1.5BA | $0.99 |
| Frontier Ridge Apartments | 2 BR | 2BR,2BA | $1.03 |
| Valley View Senior Apartments | 2/1 | 2BR,1BA | $0.94 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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.
Best Local Schools in Penn Laird, VA
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Penn Laird
What type of rentals are currently available in Penn Laird?
There are currently 53 Apartments for Rent in Penn Laird, VA with pricing that ranges from $511 to $3,487. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penn Laird ranging from $1,295 to $3,950.
What is the current price range for Rental Homes in Penn Laird?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Penn Laird ranges from $1,295 to $3,950 with an average monthly rent of $2,090.
How much are larger Three and Four Bedroom Rentals in Penn Laird?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Penn Laird range from $715 to $3,487, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $2,800. Four Bedroom Single-Family rentals are also available starting from $2,150 and Four Bedroom Apartments start at $511.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.