
Cheap Apartments for Rent in Penn Yan, NY from $400 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Penn Yan.


Keuka Gardens

Keuka Shores Rental Townhomes

St Marks Terrace Dundee

The Overlook at West Hill

Country Falls Apartments

Montour Family Apartments

Manor Village Apartments
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.

Camelot Square Apartments

Genesee Gardens Apartments

West Village Apartments

Terrace Apartments

Parklawn Apartment Homes

Spring Meadows

Brookside Apartments

Woodland Manor
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.

Farmington Manor

Great-Brook Apartments

Reserve Pointe Apartments

Swiss Chalet Apartments

Northside Apartments

Parkside Apartments

Sheridan Park and Holiday Manor

Stone Hedge Village Townhouses
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.

Collett Woods Townhouses

Candlewood Apartment Homes

Fairdale Townhomes

Pinnacle North Apartments

The Retreat Luxury Apartments

187 Glasgow St

419 Triphammer Rd

207 Kelvin Pl
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.

1421 King Hill Rd

1004 N Main St

132 Prospect St

40 E Genesee St

Parkway Apartments

Parkview Apartments

13 Exchange St

Sunlight Lane
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

CenterPointe Apartments & Townhomes

121 Cascadilla Ave

4282 Co Rd

1109 Triphammer Rd
Penn Yan, NY Local Guide

How much does it cost to rent an apartment in Penn Yan?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penn Yan Studio Apartments | $1,080 | $900 | $1,210 |
| Penn Yan 1 Bedroom Apartments | $1,583 | $600 | $2,846 |
| Penn Yan 2 Bedroom Apartments | $1,880 | $795 | $4,600 |
| Penn Yan 3 Bedroom Apartments | $2,011 | $938 | $3,800 |
| Penn Yan 4 Bedroom Apartments | $2,002 | $1,435 | $2,200 |
Browse Top Apartments in Penn Yan
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Penn Yan, NY Local Guide
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Cheapest Available Penn Yan Apartments for Rent and Nearby
 The cheapest available apartment rental in Penn Yan, NY is a 1 Bed unit found at St Marks Terrace Dundee priced from $600. Montour Family Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $785. Here is today’s list of the most affordable Penn Yan apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| St Marks Terrace Dundee | 1 bed 1 bath | 1BR,1BA | $600 |
| Montour Family Apartments | 1 bedroom 1bath | 1BR,1BA | $785 |
| Country Falls Apartments | Two Bedroom | 2BR,1BA | $795 |
| Manor Village Apartments | 2 bedroom | 2BR,1BA | $895 |
| Camelot Square Apartments | Studio 6/15 (Heat, Internet & TV App Incl.) | Studio,1BA | $900 |
| Parklawn Apartment Homes | Parklawn Apartment Homes- WAITLIST ONLY | 2BR,1BA | $1,031 |
| West Village Apartments | 2 Beds, 1 bath | 2BR,1BA | $1,041 |
| Reserve Pointe Apartments | Studio, 1 Bath 432 sq. ft. | Studio,1BA | $1,150 |
| Northside Apartments | 2bedroom 1bath | 2BR,1BA | $1,200 |
| Spring Meadows | 2bd Ranch | 2BR,1BA | $1,225 |
Best Value Apartments for Rent in Penn Yan, NY and Nearby
As of July 08, 2026 the best value apartment in the Penn Yan area is the $1.35 price per square foot 3 Bedroom Townhome- WAITLIST AD Model at Parkside Townhomes in the in the Victor Farmington neighborhood starting from $2,064. The second greatest value Penn Yan apartment is the 2bd Ranch Model at Spring Meadows starting at $1,225 with a $1.00 price per square foot . Here is today’s list of the best values for Penn Yan apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Parkside Townhomes | 3 Bedroom Townhome- WAITLIST AD | 3BR,2.5BA | $1.35 |
| Spring Meadows | 2bd Ranch | 2BR,1BA | $1.00 |
| West Village Apartments | 3 Beds, 1 bath | 3BR,1BA | $1.15 |
| Manor Village Apartments | 2 bedroom | 2BR,1BA | $0.90 |
| Country Falls Apartments | Two Bedroom | 2BR,1BA | $0.91 |
| Northside Apartments | 2bedroom 1bath | 2BR,1BA | $1.41 |
| The Overlook at West Hill | Two Bedroom | 2BR,1BA | $0.98 |
| Parklawn Apartment Homes | Parklawn Apartment Homes- WAITLIST ONLY | 2BR,1BA | $1.29 |
| Montour Family Apartments | 1 bedroom 1bath | 1BR,1BA | $1.14 |
| St Marks Terrace Dundee | 1 bed 1 bath | 1BR,1BA | $1.09 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Best Local Schools in Penn Yan, NY
Penn Yan Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Penn Yan, NY Rentals by Map
See the most popular apartments and homes in Penn Yan, NY
Frequently Asked Questions about Cheap Penn Yan Apartments
How much is rent for a Cheap One Bedroom Penn Yan Apartment?
The lowest price for a Cheap One Bedroom Penn Yan Apartment is $600 at St Marks Terrace Dundee.
What is the lowest price for a Cheap Two Bedroom Penn Yan Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Penn Yan is starting from $795 at Country Falls Apartments.
What is the most affordable Penn Yan Three Bedroom Apartment?
The best deal on a cheap Penn Yan Three Bedroom Apartment rental is at Montour Family Apartments and starts from $1,125.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.