
Cheap Homes for Rent in Pennington Gap, VA from $600 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Pennington Gap.


837 Kentucky Ave SW

1024 Konnarock Rd

1018 Konnarock Rd

179 Gilmer St
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.

171 Gilmer St

1117 Fairview Ave

208 Gravely Rd

454 N Central Ave

328 Sequoyah Dr
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.

3944 Alley Valley Rd
Pennington Gap, VA Local Guide

How much does it cost to rent a home in Pennington Gap?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pennington Gap 2 Bedroom Homes for Rent | $1,417 | $1,150 | $2,240 |
| Pennington Gap 3 Bedroom Homes for Rent | $1,976 | $1,300 | $3,000 |
| Pennington Gap 4 Bedroom Homes for Rent | $2,078 | $1,013 | $2,700 |
| Pennington Gap 5 Bedroom Homes for Rent | $2,772 | $2,295 | $3,250 |
Browse Top Homes for Rent in Pennington Gap
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Pennington Gap, VA Local Guide
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Cheapest Available Pennington Gap Apartments for Rent and Nearby
 The cheapest available apartment rental in Pennington Gap, VA is a 1 Bed unit found at 2215 Buffalo Trl priced from $750. Stoneview Homes in the Town Of Kingsport neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Pennington Gap apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 2215 Buffalo Trl | 1-Bedroom | 1BR,1BA | $750 |
| Stoneview Homes | 1 Bed 720 SF | 1BR,1BA | $800 |
| East Court Apartments | 1 BR | 1BR,1BA | $800 |
| Mountain View Apartments | MVA305 | 2BR,1BA | $850 |
| Apex Johnson City | 2 Bed x 1.5 Bath Townhouse | 2BR,1BA | $875 |
Best Value Apartments for Rent in Pennington Gap, VA and Nearby
As of June 21, 2026 the best value apartment in the Pennington Gap area is the $1.02 price per square foot 2 Bed x 2.5 Bath Townhouse Model at Apex Johnson City in the in the Downtown Johnson City neighborhood starting from $1,260. The second greatest value Pennington Gap apartment is the 2 Bedroom Model at Laurelwood Apartments starting at $1,250 with a $1.04 price per square foot . Here is today’s list of the best values for Pennington Gap apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Apex Johnson City | 2 Bed x 2.5 Bath Townhouse | 2BR,2.5BA | $1.02 |
| Laurelwood Apartments | 2 Bedroom | 2BR,2BA | $1.04 |
| Beason Well Apartments | 3 Bedroom 60 | 3BR,2BA | $0.99 |
| Oakbrook | 2BR/2BA | 2BR,2BA | $0.90 |
| 106-108 W Mountain View Rd | 2-Bedroom | 2BR,1BA | $1.00 |
| Moreland Drive Apartments | Moreland 2B 1B | 2BR,1BA | $0.95 |
| Providence Place | Two Bedroom | 2BR,2BA | $0.94 |
| Mountain View Apartments | MVA305 | 2BR,1BA | $1.04 |
| East Court Apartments | 1 BR | 1BR,1BA | $1.00 |
| 2215 Buffalo Trl | 1-Bedroom | 1BR,1BA | $1.00 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Pennington Gap
What type of rentals are currently available in Pennington Gap?
There are currently 62 Apartments for Rent in Pennington Gap, VA with pricing that ranges from $750 to $3,500. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pennington Gap ranging from $625 to $3,250.
What is the current price range for Rental Homes in Pennington Gap?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Pennington Gap ranges from $625 to $3,250 with an average monthly rent of $1,831.
How much are larger Three and Four Bedroom Rentals in Pennington Gap?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Pennington Gap range from $950 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,013 and Four Bedroom Apartments start at $1,799.
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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.