Cheap Apartments for Rent in Pennington, TX from $300 (12 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article
Showing Results 1-12, 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 Studio unit found at Santa Fe Trails Apartments in the Downtown Huntsville neighborhood priced from $499. University Place Apartments in the Downtown Huntsville neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $519. Here is today’s list of the most affordable Pennington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Santa Fe Trails ApartmentsStudioStudio,1BA$499
University Place ApartmentsEfficiencyStudio,1BA$519
Paper Moon ApartmentsSmall StudioStudio,1BA$529
WillowBrook ApartmentsB200-1B1B1BR,1BA$550
The Vineyard at Sam HoustonSpanish Garden 1x1 Small1BR,1BA$589

Best Value Apartments for Rent in Pennington, TX and Nearby

As of September 14, 2025 the best value apartment in the Pennington area is the $1.04 price per square foot 4 BR House Model at The Village at Sam Houston in the in the Downtown Huntsville neighborhood starting from $1,700. The second greatest value Pennington apartment is the 2 Bed / 2 Bath Model at Gateway at Huntsville starting at $690 with a $0.70 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$1.04
Gateway at Huntsville2 Bed / 2 Bath2BR,2BA$0.70
The Connection2x22BR,2BA$0.78
Sunrise Landing Apartments2X22BR,2BA$1.18
The Heights2A2BR,2BA$1.05
The Oaks Apartments1 Bedroom 1 Bath1BR,1BA$1.09
Hillside Chateau Apartments1 Bedroom 1 Bath Flat1BR,1BA$0.97
University Club Huntsville1Bed 1 Bath1BR,1BA$0.97
WillowBrook ApartmentsB200-1B1B1BR,1BA$0.92
The Vineyard at Sam HoustonSpanish Garden 1x1 Small1BR,1BA$1.02

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Pennington, TX

Ranked #323

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

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

Explore Pennington, TX Rentals by Map

Decorative image of map

See the most popular apartments and homes in Pennington, TX

View Map
Pennington, TX Apartments Map
View Map
Pennington, TX Rental Homes Map

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 Santa Fe Trails Apartments listed at $499.

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

The lowest price for a Cheap One Bedroom Pennington Apartment is $550 at WillowBrook 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 $639 at The Vineyard at Sam Houston.

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

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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.