
Cheap Homes for Rent in Pennington, MN from $1,100 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Pennington.


619 14 St NW

423 Pershing Ave SE

1026 Birchmont Dr NE

1203 America Ave NW
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.

214 10 St NW

1054 Emma Lou Ln NW

2405 Bemidji Ave N

2124 Anne St NW

1919 S Lake Irving Dr SW

1419 Beltrami Ave NW
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.

911 Minnesota Ave NW
Pennington, MN 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 | $1,287 | $1,200 | $1,375 |
Pennington 3 Bedroom Homes for Rent | $1,899 | $1,100 | $4,500 |
Pennington 4 Bedroom Homes for Rent | $2,010 | $1,750 | $2,500 |
Pennington 5 Bedroom Homes for Rent | $1,595 | $1,595 | $1,595 |
Browse Top Homes for Rent in Pennington
Explore Pennington
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 |
Sebeka Housing | Riverview 1 Bedroom | 1BR,1BA | $780 |
Presidential Estates/ Justice Apartments | Studio | Studio,1BA | $825 |
Stony Ridge Studios | Studios | Studio,1BA | $825 |
Best Value Apartments for Rent in Pennington, MN and Nearby
As of June 26, 2025 the best value apartment in the Pennington area is the $1.27 price per square foot 2 Bedroom / 1 Bathroom Std Model at Cedar Pointe Estates Apartments in the starting from $1,045. The second greatest value Pennington apartment is the 2 Bedroom Model at Cedar Street Complex starting at $1,012 with a $1.28 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 Pointe Estates Apartments | 2 Bedroom / 1 Bathroom Std | 2BR,1BA | $1.27 |
Cedar Street Complex | 2 Bedroom | 2BR,1BA | $1.28 |
Sebeka Housing | Hilltop 1 Bedroom | 1BR,1BA | $1.30 |
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 | $1.70 |
18038 W Windigo Dr SE, Unit 2 | 18038 W Windigo Dr SE | 3BR,1BA | $24.00 |
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 38 Apartments for Rent in Pennington, MN with pricing that ranges from $580 to $2,400. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pennington ranging from $1,100 to $4,500.
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 $1,100 to $4,500 with an average monthly rent of $1,698.
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 $970 to $2,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $1,150.
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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.