2 Bedroom Apartments for Rent in Penn Valley, CA (44 Rentals)

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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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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4736 Fleming Way
2 Bedroom Apartments

4736 Fleming Way

4736 Fleming WayOlivehurst, CA 95961
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Penn Valley, CA Local Guide

Largest Available Penn Valley and Nearby 2 Bedroom Apartments

The largest available 2 Bedroom apartment unit in Penn Valley, CA is found at Hearthstone Lodge Senior Residences in the Lariat Ranch neighborhood and is 1,369 square feet priced from $6,665. Persimmon Terrace Apartments has the second largest 2 Bedroom, which is sized at 972 square feet and currently listed start at $2,230. Here is today’s list of the largest available 2 Bedroom units in Penn Valley:

Apartment ListingModel NameSquare FootagePriced From
Hearthstone Lodge Senior ResidencesAmethyst1,369 Sq Ft$6,665
Persimmon Terrace ApartmentsTwo Bedroom - One Bath Townhouse972 Sq Ft$2,230
Sandpiper CoveTwo Bedroom One Bath950 Sq Ft$1,450
Meadow Wood Condo ApartmentsPlan A950 Sq Ft$1,500
Parkview Apartments2bed 1bath950 Sq Ft$1,600
Northpointe Commons2 Bedroom950 Sq Ft$1,450
Northgate TerracePlan E&F - 2 bed 2 bath 941 sq ft941 Sq Ft$1,350
Lakeside VillageLakeside Village Plan C939 Sq Ft$1,475
Eastgate Terrace ApartmentsTwo Bedroom One Bath920 Sq Ft$1,475
Ellis Lake Apartments2 Bed 2 Bath900 Sq Ft$1,600

Cheapest Available Penn Valley and Nearby 2 Bedroom Apartments

As of January 02, 2026 the lowest priced 2 Bedroom apartment unit in Penn Valley, CA is the Plan D - 2 bed 1 bath 930 sq ft Model starting from $1,300 at Northgate Terrace in the Terra Buena Villa neighborhood. The second most affordable Penn Valley 2 Bedroom is the Two Bedroom Model at Hunters Landing starting at $1,400 . The average price for all 2 Bedroom apartments in Penn Valley is currently $2,262. Here is today’s list of the cheapest available 2 Bedroom options in Penn Valley:

Apartment ListingModel NamePriced From
Northgate TerracePlan D - 2 bed 1 bath 930 sq ft$1,300
Hunters LandingTwo Bedroom$1,400
Meadow Wood Condo ApartmentsPlan B$1,400
Lakeside VillageLakeside Village Plan B$1,425
Sandpiper CoveTwo Bedroom One Bath$1,450
Northpointe Commons2 Bedroom$1,450
The Estate2 Bedroom$1,450
Eastgate Terrace ApartmentsTwo Bedroom One Bath$1,475
Lincoln Pointe Apartments2B/1B$1,475
Ellis Lake Apartments2 Bed 1 Bath$1,500

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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The 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.

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Cash 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.

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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 2 Bedroom Penn Valley Apartments

What is the Cheapest apartment in Penn Valley with 2 Bedroom?

Currently the most affordable 2 Bedroom in Penn Valley is at Northgate Terrace listed at $1,300.

How much is the average rent for a 2 Bedroom Penn Valley Apartment?

The average rent for a 2 Bedroom Apartment in Penn Valley is $2,262.

What is the largest available 2 Bedroom Penn Valley Apartment for rent?

Today's apartment with the most square footage in Penn Valley is a 1,369 square feet unit starting from $6,665 at Hearthstone Lodge Senior Residences.

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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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.

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!