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.
526 Mill St
Grass ValleyCA95945
305 N School St
Grass ValleyCA95945
15888 Thiel Way
Grass ValleyCA95949
22275 CA-20
SmartsvilleCA95977
500 Granite Hill Ct
Grass ValleyCA95945
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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 | $2,149 | $1,575 | $2,795 |
| Penn Valley 3 Bedroom Homes for Rent | $2,645 | $1,750 | $3,800 |
| Penn Valley 4 Bedroom Homes for Rent | $3,065 | $2,795 | $3,500 |
| 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 November 14, 2025 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 2X1 Model at Hillcrest Court Apartments starting at $1,450 with a $1.61 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 | 2X1 | 2BR,1BA | $1.61 |
| Northpointe Commons | 1 Bedroom | 1BR,1BA | $1.59 |
| The Estate | 2 Bedroom | 2BR,1BA | $1.82 |
| Lincoln Pointe Apartments | 2B/1B | 2BR,1BA | $1.94 |
| Hunters Landing | One Bedroom | 1BR,1BA | $1.90 |
| Meadow Wood Condo Apartments | Plan C | 1BR,1BA | $1.76 |
| Lakeside Village | Lakeside Village Plan A | 1BR,1BA | $1.90 |
| Shasta Glen Apartments | 650 SF | 1BR,1BA | $1.69 |
| Casa Milano Apartments | 1x1 | 1BR,1BA | $1.91 |
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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 $6,970. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penn Valley ranging from $1,200 to $3,800.
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 $3,800 with an average monthly rent of $2,512.
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.
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!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.