14382 Sun Forest Dr
Penn ValleyCA95946
Cheap Homes for Rent in Penn Valley, CA from $1,200 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Penn Valley.
154 Scotia Pines Cir
Grass ValleyCA95945
305 N School St
Grass ValleyCA95945
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.
500 Granite Hill Ct
Grass ValleyCA95945
22275 CA-20
SmartsvilleCA95977
202 Colfax Ave
Grass ValleyCA95945
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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Penn Valley, CA Local Guide
Bridgeport Covered Bridge by Denise Noelle Photography is licensed under CC BY 2.0
How much does it cost to rent a home in Penn Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penn Valley 2 Bedroom Homes for Rent | $2,234 | $1,575 | $2,800 |
| Penn Valley 3 Bedroom Homes for Rent | $2,607 | $2,225 | $3,500 |
| Penn Valley 4 Bedroom Homes for Rent | $3,225 | $2,900 | $3,550 |
| Penn Valley 5 Bedroom Homes for Rent | $3,250 | $3,250 | $3,250 |
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Penn Valley, CA Local Guide
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Cheapest Available Penn Valley Apartments for Rent and Nearby
The cheapest available apartment rental in Penn Valley, CA is a Studio unit found at Tourist Hotel in the Hetherington Place neighborhood priced from $725. Casa Milano Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here is today’s list of the most affordable Penn Valley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tourist Hotel | Studio | Studio, | $725 |
| Casa Milano Apartments | 1x1 | 1BR,1BA | $1,050 |
| Shasta Glen Apartments | 650 SF | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in Penn Valley, CA and Nearby
As of December 29, 2025 the best value apartment in the Penn Valley area is the $1.68 price per square foot 2bed 1bath Model at Parkview Apartments in the in the Lariat Ranch neighborhood starting from $1,600. The second greatest value Penn Valley apartment is the Two Bedroom One Bath Model at Sandpiper Cove starting at $1,450 with a $1.53 price per square foot in the Walton Heights neighborhood. Here is today’s list of the best values for Penn Valley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Parkview Apartments | 2bed 1bath | 2BR,1BA | $1.68 |
| Sandpiper Cove | Two Bedroom One Bath | 2BR,1BA | $1.53 |
| Eastgate Terrace Apartments | Two Bedroom One Bath | 2BR,1BA | $1.60 |
| Hillcrest Court Apartments | 2x1T | 2BR,1BA | $1.78 |
| Northpointe Commons | 1 Bedroom | 1BR,1BA | $1.59 |
| The Estate | 2 Bedroom | 2BR,1BA | $1.82 |
| Shasta Glen Apartments | 750 SF | 2BR,1BA | $1.80 |
| Hunters Landing | One Bedroom | 1BR,1BA | $1.90 |
| Lakeside Village | Lakeside Village Plan A | 1BR,1BA | $1.90 |
| Northgate Terrace | Plan B - 1 bed 1 bath 678 sq ft | 1BR,1BA | $1.84 |
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 Article
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.
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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Explore Penn Valley, CA Rentals by Map
See the most popular apartments and homes in Penn Valley, CA
Frequently Asked Questions about Penn Valley
What type of rentals are currently available in Penn Valley?
There are currently 43 Apartments for Rent in Penn Valley, CA with pricing that ranges from $725 to $6,970. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penn Valley ranging from $1,200 to $3,550.
What is the current price range for Rental Homes in Penn Valley?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Penn Valley ranges from $1,200 to $3,550 with an average monthly rent of $2,339.
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
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.
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!