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$580 - $699
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowPine Tree Housing Corp.
721 15th St NWBemidji, MN 56601
Cheap Apartments for Rent in Pennington, MN from $500 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in Pennington.
1022 Comstock Dr
Deer RiverMN56636
109 3rd Ave
BoveyMN55709
324 Front St
LittleforkMN56653
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.
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$680 - $690
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowWhite House and Blair House
119 E Park DrGrygla, MN 56727
207 Cedar St NE
RemerMN56672
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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.
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Pennington, MN Local Guide
Pennington Mine Lake by Sharon Mollerus is licensed under CC BY 2.0
How much does it cost to rent an apartment in Pennington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pennington Studio Apartments | $815 | $785 | $825 |
| Pennington 1 Bedroom Apartments | $832 | $580 | $1,235 |
| Pennington 2 Bedroom Apartments | $1,050 | $694 | $1,495 |
| Pennington 3 Bedroom Apartments | $1,184 | $970 | $1,295 |
| Pennington 4 Bedroom Apartments | $1,225 | $1,150 | $1,400 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Pennington
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Pennington, MN Local Guide
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Cheapest Available Pennington Apartments for Rent and Nearby
The cheapest available apartment rental in Pennington, MN is a 1 Bed unit found at Pine Tree Housing Corp. priced from $580. White House and Blair House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $680. Here is today’s list of the most affordable Pennington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pine Tree Housing Corp. | One Bed | 1BR,1BA | $580 |
| White House and Blair House | Blair House Single Bedroom | 1BR,1BA | $680 |
| Park Rapids Apartments | 1 Bedroom | 1BR,1BA | $735 |
Best Value Apartments for Rent in Pennington, MN and Nearby
As of September 09, 2025 the best value apartment in the Pennington area is the $1.28 price per square foot 2 Bedroom Model at Cedar Street Complex in the starting from $1,012. The second greatest value Pennington apartment is the 2 Bedroom Model at Parkview Housing starting at $977 with a $1.27 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. |
|---|---|---|---|
| Cedar Street Complex | 2 Bedroom | 2BR,1BA | $1.28 |
| Parkview Housing | 2 Bedroom | 2BR,1BA | $1.27 |
| Park Rapids Apartments | 1 Bedroom | 1BR,1BA | $1.18 |
| Pine Tree Housing Corp. | 2 Bed | 2BR,2BA | $1.13 |
| Deering Manor - Section 8: 62+ ,Handicapped, | Deering Manor, 1 bed, 1 bath. | 1BR,1BA | $1.58 |
| White House and Blair House | Blair House Single Bedroom | 1BR,1BA | $1.24 |
| Presidential Estates/ Justice Apartments | Studio | Studio ,1BA | $1.65 |
| Stony Ridge Studios | Studios | Studio ,1BA | $2.06 |
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Frequently Asked Questions about Cheap Pennington Apartments
What is the Cheapest Studio apartment in Pennington?
Currently the most affordable Cheap Studio Apartment in Pennington is at Presidential Estates/ Justice Apartments listed at $825.
How much is rent for a Cheap One Bedroom Pennington Apartment?
The lowest price for a Cheap One Bedroom Pennington Apartment is $580 at Pine Tree Housing Corp..
What is the lowest price for a Cheap Two Bedroom Pennington Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Pennington is starting from $694 at Pine Tree Housing Corp..
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.
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.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
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.