532 E Main St
Grass ValleyCA95945
Cheap Homes for Rent in Penn Valley, CA from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Penn Valley.
10663 Katy Ln
Grass ValleyCA95949
14720 Lynshar Rd
Grass ValleyCA95949
14382 Sun Forest Dr
Penn ValleyCA95946
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.
18728 Three Homes Rd
Grass ValleyCA95949
15772 Sunnyvale Ln
Grass ValleyCA95949
415 S Auburn St
Grass ValleyCA95945
318 Nile St
Nevada CityCA95959
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.
One CA-20
Nevada CityCA95959
Showing Results 1-9, Page 1 of 1
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 | $2,279 | $1,950 | $2,500 |
| Penn Valley 3 Bedroom Homes for Rent | $2,738 | $2,300 | $3,500 |
| Penn Valley 4 Bedroom Homes for Rent | $3,896 | $2,695 | $6,000 |
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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 1 Bed unit found at Casa Milano Apartments priced from $1,025. Ramirez Court 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 |
|---|---|---|---|
| Casa Milano Apartments | 1x1 | 1BR,1BA | $1,025 |
| Ramirez Court Apartments | One bedroom | 1BR,1BA | $1,050 |
| Jasmine Apartments | Studio Premium | Studio,1BA | $1,075 |
Best Value Apartments for Rent in Penn Valley, CA and Nearby
As of April 16, 2026 the best value apartment in the Penn Valley area is the $1.74 price per square foot 2bed 1bath Model at Parkview Apartments in the in the Lariat Ranch neighborhood starting from $1,650. The second greatest value Penn Valley apartment is the 2x1T Model at Hillcrest Court Apartments starting at $1,600 with a $1.78 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. |
|---|---|---|---|
| Parkview Apartments | 2bed 1bath | 2BR,1BA | $1.74 |
| Hillcrest Court Apartments | 2x1T | 2BR,1BA | $1.78 |
| Hunter's Landing Apartments | HL 2 Bed 1 Bath U | 2BR,1BA | $1.73 |
| Northpointe Commons | 1 Bedroom | 1BR,1BA | $1.69 |
| Lincoln Pointe Apartments | 2B/1B | 2BR,1BA | $1.88 |
| Shasta Glen Apartments | 750 SF | 2BR,1BA | $1.80 |
| Lakeside Village | Lakeside Village Plan A | 1BR,1BA | $1.88 |
| Northgate Terrace | Plan A - 1 bed 1 bath 680sq ft | 1BR,1BA | $1.76 |
| Ramirez Court Apartments | One bedroom | 1BR,1BA | $1.75 |
| Casa Milano Apartments | 1x1 | 1BR,1BA | $1.86 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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 ArticleThe 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
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.
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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 45 Apartments for Rent in Penn Valley, CA with pricing that ranges from $1,050 to $6,880. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penn Valley ranging from $500 to $6,000.
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 $500 to $6,000 with an average monthly rent of $2,328.
How much are larger Three and Four Bedroom Rentals in Penn Valley?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Penn Valley range from $1,900 to $2,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,300 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,695 and Four Bedroom Apartments start at $3,800.
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
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.