Cheap Homes for Rent in Penn Run, PA from $300 (12 Rentals)

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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.

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 Run, PA Local Guide

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 Vista by Summit Collective priced from $400. Haven by Summit Collective has the second lowest priced unit, which is a 2 Beds apartment currently listed from $540. Here is today’s list of the most affordable Penn Run apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vista by Summit Collective4BR/4BA4BR,4BA$400
Haven by Summit CollectiveAspen - 2/2 SINGLE ROOM LEASE2BR,2BA$540
Ember by Summit CollectiveMaple on Philly - 1Bed 1Bath1BR,1BA$785
Forest Hills ApartmentsTwo Bedroom2BR,1BA$790
Toll House ApartmentsJunior1BR,1BA$790

Best Value Apartments for Rent in Penn Run, PA and Nearby

As of June 08, 2026 the best value apartment in the Penn Run area is the $0.90 price per square foot 3 Bedroom Unit Model at Ridgewood Greene in the starting from $1,166. 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 $0.99 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Ridgewood Greene3 Bedroom Unit3BR,1.5BA$0.90
Keith Hilltop Terrace 55+ Living2 Beds, 1 Baths2BR,1BA$0.99
218 Walnut St2 Bedroom2BR,1BA$0.90
Altoona Student Housing1 Bed1BR,1BA$0.46
Crossroads Meadow2 Bedroom A2BR,1BA$1.14
Bloomfield Apartments2 Bedroom2BR,1BA$0.92
Russell Building2 Bed 1 Bath2BR,1BA$1.00
Mountain ViewUnfurnished2BR,2BA$1.12
Forest Hills ApartmentsTwo Bedroom2BR,1BA$1.13
JP Seven LLC Professionally Managed by India2 Bed 1 Bath2BR,1BA$0.85

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.

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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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Quick Rent Budget Calculator

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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.

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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 67 Apartments for Rent in Penn Run, PA with pricing that ranges from $400 to $3,300. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penn Run ranging from $399 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 $399 to $1,950 with an average monthly rent of $910.

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 $800 to $2,530, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $1,950. Four Bedroom Single-Family rentals are also available starting from $399 and Four Bedroom Apartments start at $400.

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

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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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.

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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.

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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.