
Cheap Homes for Rent in Pennington, AL from $500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Pennington.


4915 US-80

515-512 12th Ave
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.

4017 68th Ave

4018 68th Ave

126 Taskaloosa Rd
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

2720 Kaulton Rd
Pennington, AL Local Guide

How much does it cost to rent a home in Pennington?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Pennington 2 Bedroom Homes for Rent | $1,875 | $825 | $2,950 |
Pennington 3 Bedroom Homes for Rent | $1,317 | $799 | $2,000 |
Pennington 4 Bedroom Homes for Rent | $1,850 | $1,850 | $1,850 |
Pennington 5 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
Browse Top Homes for Rent in Pennington
Explore Pennington
Pennington, AL Local Guide
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Cheapest Available Pennington Apartments for Rent and Nearby
 The cheapest available apartment rental in Pennington, AL is a 2 Beds unit found at Timberline Apartments priced from $375. 1125 Washington St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here is today’s list of the most affordable Pennington apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Timberline Apartments | Two Bedrooms | 2BR,1BA | $375 |
1125 Washington St | Regular | 2BR,2BA | $700 |
Landmark Apartment Homes | 1 BED 1 BATH | 1BR,1BA | $725 |
Best Value Apartments for Rent in Pennington, AL and Nearby
As of July 29, 2025 the best value apartment in the Pennington area is the $0.90 price per square foot Hayden Model at The Grove Moundville in the starting from $2,250. The second greatest value Pennington apartment is the Two Bedroom Townhouse- Two Bedroom-1.5 Bath Model at Northgate Apartments starting at $950 with a $0.82 price per square foot . Here is today’s list of the best values for Pennington apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Grove Moundville | Hayden | 5BR,3BA | $0.90 |
Northgate Apartments | Two Bedroom Townhouse- Two Bedroom-1.5 Bath | 2BR,1.5BA | $0.82 |
Winding Creek | Two Bedroom | 2BR,2BA | $1.07 |
The Glens | Two Bedroom | 2BR,2BA | $1.16 |
Regency Apartments | Two Bedroom | 2BR,1BA | $1.09 |
1125 Washington St | Regular | 2BR,2BA | $0.93 |
Timberline Apartments | Two Bedrooms | 2BR,1BA | $0.53 |
Landmark Apartment Homes | 1 BED 1 BATH | 1BR,1BA | $1.05 |
Courtyard Apartment Homes | Charming 1-Bedroom Apartment with Pool View! | 1BR,1BA | $1.22 |
New Meridian Estates | 1BR/1BA Upgraded | 1BR,1BA | $1.20 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Pennington
What type of rentals are currently available in Pennington?
There are currently 43 Apartments for Rent in Pennington, AL with pricing that ranges from $343 to $2,940. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pennington ranging from $525 to $2,950.
What is the current price range for Rental Homes in Pennington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Pennington ranges from $525 to $2,950 with an average monthly rent of $1,513.
How much are larger Three and Four Bedroom Rentals in Pennington?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Pennington range from $472 to $1,813, while Three Bedroom Homes, Condos, and Townhomes for rent range from $799 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $1,888.
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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.