Cheap Apartments for Rent in Penn Yan, NY from $600 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in Penn Yan.

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St Mark's Terrace
Studio to 1 Bedroom Apartments

St Mark's Terrace

110 Chapel StPenn Yan, NY 14527
Senior Living
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Keuka Gardens
1 to 2 Bedroom Apartments

Keuka Gardens

199 Brown Street ExtPenn Yan, NY 14527
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Parkview Apartments
2 to 3 Bedroom Apartments

Parkview Apartments

310 Washington StNewark, NY 14513
  • Utilities Included
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Parkside Apartments
1 to 3 Bedroom Apartments

Parkside Apartments

311 Washington StNewark, NY 14513
  • Utilities Included

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.

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Sunlight Lane
1 to 2 Bedroom Apartments

Sunlight Lane

3044 Sunlight LnGeneva, NY 14456
  • Utilities Included
Showing Results 1-39, Page 1 of 1

Penn Yan, NY Local Guide

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 ListingModel NameBed/BathPriced From
St Marks Terrace Dundee1 bed 1 bath1BR,1BA$600
Montour Family Apartments1 bedroom 1bath1BR,1BA$785
Country Falls ApartmentsTwo Bedroom2BR,1BA$795
Manor Village Apartments2 bedroom2BR,1BA$895
Parklawn Apartment HomesParklawn Apartment Homes- WAITLIST ONLY2BR,1BA$1,031
Camelot Square Apartments1 BR/1 Bth (Heat, WiFi & TV App Incl.))1BR,1BA$1,084
West Village Apartments2 Beds, 1 bath2BR,1BA$1,113
Sheridan Park and Holiday ManorS1bdrm1BR,1BA$1,190
Northside Apartments2bedroom 1bath2BR,1BA$1,200
Spring Meadows2bd Ranch2BR,1BA$1,225

Best Value Apartments for Rent in Penn Yan, NY and Nearby

As of August 23, 2026 the best value apartment in the Penn Yan area is the $1.42 price per square foot 3 Bedroom Townhome- WAITLIST AD Model at Parkside Townhomes in the in the Victor Farmington neighborhood starting from $2,171. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Parkside Townhomes3 Bedroom Townhome- WAITLIST AD3BR,2.5BA$1.42
Spring Meadows2bd Ranch2BR,1BA$1.00
West Village Apartments3 Beds, 1 bath3BR,1BA$1.23
Manor Village Apartments2 bedroom2BR,1BA$0.90
Country Falls ApartmentsTwo Bedroom2BR,1BA$0.91
Swiss Chalet ApartmentsApartment for Rent with Patio/Balcony2BR,1BA$1.47
Northside Apartments2bedroom 1bath2BR,1BA$1.41
Parklawn Apartment HomesParklawn Apartment Homes- WAITLIST ONLY2BR,1BA$1.29
Montour Family Apartments1 bedroom 1bath1BR,1BA$1.08
St Marks Terrace Dundee1 bed 1 bath1BR,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.

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Real 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.

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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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Penn Yan, NY

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Remember the 3 Rules of Real Estate:
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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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.