Cheap Homes for Rent in Penn Yan, NY from $500 (7 Rentals)

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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.

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.

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 2 Beds unit found at The Overlook at West Hill in the West End neighborhood priced from $812. Montour Family Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $875. Here is today’s list of the most affordable Penn Yan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Overlook at West HillTwo Bedroom2BR,1BA$812
Montour Family Apartments2 bedroom2BR,1BA$875
Manor Village Apartments2 Beds, 1 bath2BR,1BA$895

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

As of November 09, 2025 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 3 bedroom townhouse - Phase II Model at Stone Hedge Village Townhouses starting at $1,715 with a $1.33 price per square foot in the Victor Farmington neighborhood. 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$1.35
Stone Hedge Village Townhouses3 bedroom townhouse - Phase II3BR,1.5BA$1.33
Montour Family Apartments3 bedroom3BR,1.5BA$0.97
Spring Meadows2bd Townhouse2BR,1.5BA$0.99
Manor Village Apartments2 Beds, 1 bath2BR,1BA$0.90
The Overlook at West HillTwo Bedroom2BR,1BA$0.98
Parklawn Apartment HomesParklawn Apartment Homes- WAITLIST ONLY2BR,1BA$1.24
Farmington Manor2 Bedroom / 1 Bathrom2BR,1BA$1.40
460 N Main St, Unit Upper A460 N Main St2BR,1BA$1.22
West Village Apartments1 Bed, 1 bath1BR,1BA$1.35

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The 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.

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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 55 Apartments for Rent in Penn Yan, NY with pricing that ranges from $677 to $4,750. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penn Yan ranging from $500 to $4,000.

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 $500 to $4,000 with an average monthly rent of $1,916.

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 $4,455, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $1,435.

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.