Cheap Apartments for Rent in Pennington, TX from $300 (43 Rentals)

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Search the lowest-cost Apartments available for rent right now in Pennington.

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.

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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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WillowBrook Apartments
1 to 2 Bedroom Apartments

WillowBrook Apartments

706 Henderson StLufkin, TX 75904
  • Utilities Included
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The Timbers
1 to 2 Bedroom Apartments

The Timbers

144 Interstate 45 NHuntsville, TX 77320
Student Housing

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-43, Page 1 of 1

Pennington, TX Local Guide

Cheapest Available Pennington Apartments for Rent and Nearby

 

The cheapest available apartment rental in Pennington, TX is a 5 Beds unit found at The Heights in the Downtown Huntsville neighborhood priced from $605. University Place Apartments in the Downtown Huntsville neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $619. Here is today’s list of the most affordable Pennington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Heights5A5BR,5BA$605
University Place ApartmentsEfficiencyStudio,1BA$619
Santa Fe Trails ApartmentsStudioStudio,1BA$619
Paper Moon ApartmentsSmall StudioStudio,1BA$649
Silvercreek ApartmentsStudio/EFFStudio,1BA$697
French Quarter Apartments1 Bed / 1 Bath1BR,1BA$700
Timbers Apartments1 BR x 1 BA1BR,1BA$700
University Club Huntsville1Bed 1 Bath1BR,1BA$719
Hillside Chateau Apartments1 Bedroom 1 Bath Flat1BR,1BA$719
Forest Gate Apartments1 bedroom 1 bath1BR,1BA$729

Best Value Apartments for Rent in Pennington, TX and Nearby

As of June 16, 2026 the best value apartment in the Pennington area is the $0.98 price per square foot 4 BR House Model at The Village at Sam Houston in the in the Downtown Huntsville neighborhood starting from $1,600. The second greatest value Pennington apartment is the 4BR/4BA Model at Villas on Sycamore starting at $464 with a $0.29 price per square foot in the Downtown Huntsville neighborhood. Here is today’s list of the best values for Pennington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Village at Sam Houston4 BR House4BR,4BA$0.98
Villas on Sycamore4BR/4BA4BR,4BA$0.29
Bearkat Cottages3 Bedroom 3 Bath3BR,3BA$0.50
The Oaks Apartments2 Bedroom 2 Bath2BR,2BA$0.85
Gateway at Huntsville2 Bed / 2 Bath2BR,2BA$0.73
The Forum at Sam Houston2x22BR,2BA$0.78
The Quarters Huntsville2x22BR,2BA$0.78
The Heights2A2BR,2BA$1.05
Forest Gate Apartments1 bedroom 1 bath1BR,1BA$1.10
University Club Huntsville1Bed 1 Bath1BR,1BA$1.12

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.

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Real 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.

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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.

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Pet Friendly Lifestyle
Pennington, TX

Ranked #210

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Pennington, TX Rentals by Map

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See the most popular apartments and homes in Pennington, TX

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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 University Place Apartments listed at $619.

How much is rent for a Cheap One Bedroom Pennington Apartment?

The lowest price for a Cheap One Bedroom Pennington Apartment is $699 at University Place Apartments.

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 $819 at Hillside Chateau Apartments.

What is the most affordable Pennington Three Bedroom Apartment?

The best deal on a cheap Pennington Three Bedroom Apartment rental is at The Heights and starts from $740.

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

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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.

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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.

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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.