
Cheap Homes for Rent in Penn Valley, CA from $1,000 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Penn Valley.


11543 Quartz Dr

654 Maltman Dr

121 E Empire 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.

15287 Kingsbury Cir

10857 Conifer Ln

18728 Three Homes Rd

14625 McElroy Rd
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.
Penn Valley, CA Local Guide

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 | $2,130 | $1,595 | $2,500 |
Penn Valley 3 Bedroom Homes for Rent | $2,679 | $2,195 | $4,000 |
Penn Valley 4 Bedroom Homes for Rent | $2,894 | $2,695 | $3,100 |
Penn Valley 5 Bedroom Homes for Rent | $3,650 | $3,650 | $3,650 |
Browse Top Homes for Rent in Penn Valley
Explore Penn Valley
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 $675. Sandpiper Apartments in the Edgewater neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. 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, | $675 |
Sandpiper Apartments | 1 x 1 | 1BR,1BA | $1,150 |
Shasta Glen Apartments | 650 SF | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Penn Valley, CA and Nearby
As of June 18, 2025 the best value apartment in the Penn Valley area is the $1.36 price per square foot Two Bedroom Model at Gold Creek Village in the starting from $1,700. The second greatest value Penn Valley apartment is the 2 Beds, 1 bath Model at Northpointe Commons starting at $1,450 with a $1.53 price per square foot in the Hetherington Place 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. |
---|---|---|---|
Gold Creek Village | Two Bedroom | 2BR,2BA | $1.36 |
Northpointe Commons | 2 Beds, 1 bath | 2BR,1BA | $1.53 |
Hillcrest Court Apartments | 2x1T | 2BR,1BA | $1.78 |
Lakeside Village | Lakeside Village Plan B | 2BR,1BA | $1.63 |
The Estate | 2 Bedroom | 2BR,1BA | $1.82 |
Lincoln Pointe Apartments | 2B/1B | 2BR,1BA | $1.84 |
Sandpiper Cove | One Bedroom One Bath | 1BR,1BA | $1.82 |
Northgate Terrace | 1 Bed 1 Bath | 1BR,1BA | $1.76 |
Meadow Wood Condo Apartments | Plan C | 1BR,1BA | $1.76 |
Shasta Glen Apartments | 650 SF | 1BR,1BA | $1.77 |
Quick Rent Budget Calculator
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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 $6,880. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penn Valley ranging from $1,000 to $4,000.
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 $1,000 to $4,000 with an average monthly rent of $2,356.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.