
Cheap Homes for Rent near Penn Yan, NY from $700 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Penn Yan.


419 Triphammer Rd

207 Kelvin Pl

1421 King Hill Rd

1004 N Main St

132 Prospect St
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.

40 E Genesee St

13 Exchange St

121 Cascadilla Ave

209 Park Dr

75 Colt St

1109 Triphammer Rd
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.
Penn Yan, NY Local Guide

How much does it cost to rent a home in Penn Yan?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penn Yan 2 Bedroom Homes for Rent | $2,885 | $1,500 | $4,175 |
| Penn Yan 3 Bedroom Homes for Rent | $2,633 | $925 | $5,005 |
| Penn Yan 4 Bedroom Homes for Rent | $2,741 | $2,200 | $3,450 |
| Penn Yan 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
| Penn Yan 6 Bedroom Homes for Rent | $920 | $920 | $920 |
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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 |
Best Value Apartments for Rent in Penn Yan, NY and Nearby
As of July 23, 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 | $1.23 |
| The Overlook at West Hill | Three Bedroom | 3BR,1.5BA | $0.92 |
| 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 |
| Parklawn Apartment Homes | Parklawn Apartment Homes- WAITLIST ONLY | 2BR,1BA | $1.29 |
| Montour Family Apartments | 1 bedroom 1bath | 1BR,1BA | $1.08 |
| 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.
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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!
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Frequently Asked Questions about Penn Yan
What type of rentals are currently available in Penn Yan?
There are currently 59 Apartments for Rent in Penn Yan, NY with pricing that ranges from $600 to $4,600. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penn Yan ranging from $775 to $5,005.
What is the current price range for Rental Homes in Penn Yan?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Penn Yan ranges from $775 to $5,005 with an average monthly rent of $2,110.
How much are larger Three and Four Bedroom Rentals in Penn Yan?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Penn Yan range from $938 to $3,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $5,005. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $1,535.
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

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.

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.