
Cheap Homes for Rent in Penn Run, PA from $300 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Penn Run.


280 Garfield St

608 Sunberry St

60 Fairfield Ave

R2617 Bedford St

1452-1454 Franklin St
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.

337 Decker Ave

302 S 11th St

525 Vickroy Ave

216 Leon St

631 Coleman Ave

645 Coleman Ave
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

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 | $835 | $478 | $1,195 |
| Penn Run 3 Bedroom Homes for Rent | $1,122 | $750 | $1,950 |
| Penn Run 4 Bedroom Homes for Rent | $999 | $399 | $1,600 |
| Penn Run 5 Bedroom Homes for Rent | $810 | $810 | $810 |
Browse Top Homes for Rent in Penn Run
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vista by Summit Collective | 4BR/4BA | 4BR,4BA | $400 |
| Haven by Summit Collective | Aspen - 2/2 SINGLE ROOM LEASE | 2BR,2BA | $540 |
| Ember by Summit Collective | Maple on Philly - 1Bed 1Bath | 1BR,1BA | $785 |
| Forest Hills Apartments | Two Bedroom | 2BR,1BA | $790 |
| Toll House Apartments | Junior | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ridgewood Greene | 3 Bedroom Unit | 3BR,1.5BA | $0.90 |
| Keith Hilltop Terrace 55+ Living | 2 Beds, 1 Baths | 2BR,1BA | $0.99 |
| 218 Walnut St | 2 Bedroom | 2BR,1BA | $0.90 |
| Altoona Student Housing | 1 Bed | 1BR,1BA | $0.46 |
| Crossroads Meadow | 2 Bedroom A | 2BR,1BA | $1.14 |
| Bloomfield Apartments | 2 Bedroom | 2BR,1BA | $0.92 |
| Russell Building | 2 Bed 1 Bath | 2BR,1BA | $1.00 |
| Mountain View | Unfurnished | 2BR,2BA | $1.12 |
| Forest Hills Apartments | Two Bedroom | 2BR,1BA | $1.13 |
| JP Seven LLC Professionally Managed by India | 2 Bed 1 Bath | 2BR,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.
Read ArticleReal 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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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.
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

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.

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.