
Cheap Homes for Rent in Penn Run, PA from $500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Penn Run.


280 Garfield St

1116-1118 Church Ave

830 Railroad 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.

R2617 Bedford St

1119-1121 Edson Ave

1695 Solomon Run Rd

1452-1454 Franklin St
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.
Penn Run, PA Local Guide

How much does it cost to rent a home in Penn Run?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penn Run 2 Bedroom Homes for Rent | $842 | $542 | $1,195 |
| Penn Run 3 Bedroom Homes for Rent | $943 | $500 | $1,250 |
| Penn Run 4 Bedroom Homes for Rent | $1,950 | $1,950 | $1,950 |
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Penn Run, PA Local Guide
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Cheapest Available Penn Run Apartments for Rent and Nearby
 The cheapest available apartment rental in Penn Run, PA is a 4 Beds unit found at Traverse Commons priced from $420. Brookside Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $450. Here is today’s list of the most affordable Penn Run apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Traverse Commons | Elm - 4 /4.5 SINGLE ROOM LEASE | 4BR,4BA | $420 |
| Brookside Apartments | EFFICIENCY | Studio,1BA | $450 |
| The Penn Quarters-Old Town | Studio - Standard | Studio,1BA | $530 |
Best Value Apartments for Rent in Penn Run, PA and Nearby
As of January 19, 2026 the best value apartment in the Penn Run area is the $1.15 price per square foot Cust Int Model at Walton Crossings in the starting from $2,185. The second greatest value Penn Run apartment is the 2 Beds, 1 Baths Model at Keith Hilltop Terrace 55+ Living starting at $994 with a $0.83 price per square foot in the Downtown Altoona neighborhood. Here is today’s list of the best values for Penn Run apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Walton Crossings | Cust Int | 3BR,2.5BA | $1.15 |
| Keith Hilltop Terrace 55+ Living | 2 Beds, 1 Baths | 2BR,1BA | $0.83 |
| Hickory Meadow | 3 Bedroom Unit | 3BR,1.5BA | $0.81 |
| 218 Walnut St | 2 Bedroom | 2BR,1BA | $0.90 |
| Altoona Student Housing | 1 Bed | 1BR,1BA | $0.46 |
| Crossroads Meadow | 2 Bedroom Unit | 2BR,1.5BA | $0.96 |
| Walton Heights | 2 Bedroom 1.5 Bathroom Town | 2BR,1.5BA | $1.30 |
| Heritage Square | 2 bedrooms 2nd & 3rd Floor | 2BR,1BA | $1.17 |
| Aspen Woods Townhomes | One Bedroom with Half Bath | 1BR,1.5BA | $1.27 |
| Forest Hills Apartments | Two Bedroom | 2BR,1BA | $1.13 |
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 ArticleThe 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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Penn Run
What type of rentals are currently available in Penn Run?
There are currently 60 Apartments for Rent in Penn Run, PA with pricing that ranges from $420 to $3,300. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penn Run ranging from $500 to $1,950.
What is the current price range for Rental Homes in Penn Run?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Penn Run ranges from $500 to $1,950 with an average monthly rent of $1,121.
How much are larger Three and Four Bedroom Rentals in Penn Run?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Penn Run range from $440 to $2,380, while Three Bedroom Homes, Condos, and Townhomes for rent range from $500 to $1,250. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $420.
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

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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