
Cheap Homes for Rent in Pennington, MN from $1,000 (14 Rentals)
Cheap Homes in Pennington.


228 Aspen Ave S

1604 3rd St SE

619 14 St NW

423 Pershing Ave SE

214 10 St NW

315 Park Lake Blvd, Unit 302
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

1417 Beltrami Ave NW

2405 Bemidji Ave N

615 Irvine Ave NW

2105 7th Ave SE

1317 Beltrami Ave NW

912-912 12 St NW

104 Lake Shore Dr NE
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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 | $1,225 | $1,000 | $1,475 |
Pennington 3 Bedroom Homes for Rent | $1,824 | $1,000 | $4,000 |
Pennington 4 Bedroom Homes for Rent | $1,925 | $1,500 | $2,800 |
Pennington 5 Bedroom Homes for Rent | $1,795 | $1,795 | $1,795 |
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 White House and Blair House priced from $626. Canal Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here is today’s list of the most affordable Pennington apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
White House and Blair House | Blair House Single Bedroom | 1BR,1BA | $626 |
Canal Apartments | Efficiency | Studio,1BA | $775 |
Sebeka Housing | Riverview 1 Bedroom | 1BR,1BA | $780 |
Stony Ridge Studios | Studios | Studio,1BA | $825 |
Park Rapids Apartments | 2 Bedroom | 2BR,1BA | $885 |
Best Value Apartments for Rent in Pennington, MN and Nearby
As of May 06, 2025 the best value apartment in the Pennington area is the $1.31 price per square foot Roth Model at JP Place in the starting from $1,425. The second greatest value Pennington apartment is the 2 Bedroom Model at Park Rapids Apartments starting at $885 with a $1.01 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. |
---|---|---|---|
JP Place | Roth | 2BR,2BA | $1.31 |
Park Rapids Apartments | 2 Bedroom | 2BR,1BA | $1.01 |
Sebeka Housing | Riverview 1 Bedroom | 1BR,1BA | $1.10 |
Presidential Estates/ Justice Apartments | One bedroom./ One bathroom | 1BR,1BA | $1.38 |
Deering Manor - Section 8: 62+ ,Handicapped, | Deering Manor, 1 bed, 1 bath. | 1BR,1BA | $1.58 |
White House and Blair House | White House Single Bedroom | 1BR,1BA | $1.24 |
Stony Ridge Studios | Studios | Studio ,1BA | $1.70 |
Canal Apartments | Efficiency | Studio ,1BA | $1.72 |
205 Pleasant Ave S, Unit 7 | 205 Pleasant Ave S | 2BR,1BA | $10.50 |
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Frequently Asked Questions about Pennington
What type of rentals are currently available in Pennington?
There are currently 35 Apartments for Rent in Pennington, MN with pricing that ranges from $595 to $2,400. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pennington ranging from $1,000 to $4,000.
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 $1,000 to $4,000 with an average monthly rent of $1,644.
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 $1,000 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,500 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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.