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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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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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.

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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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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 6 Beds unit found at Bearkat Cottages in the Downtown Huntsville neighborhood priced from $585. The Heights in the Downtown Huntsville neighborhood has the second lowest priced unit, which is a 5 Beds apartment currently listed from $605. Here is today’s list of the most affordable Pennington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bearkat Cottages6 Bedroom 6 Bath6BR,6BA$585
The Heights5A5BR,5BA$605
University Place ApartmentsEfficiencyStudio,1BA$619
Santa Fe Trails ApartmentsStudioStudio,1BA$619
Paper Moon ApartmentsSmall StudioStudio,1BA$649
The Trails Apartments1 Bed, 1 Bath1BR,1BA$670
Silvercreek ApartmentsStudio/EFFStudio,1BA$697
Hidden OaksStudioStudio,1BA$700
French Quarter Apartments1 Bed / 1 Bath1BR,1BA$700
Timbers Apartments1 BR x 1 BA1BR,1BA$700

Best Value Apartments for Rent in Pennington, TX and Nearby

As of May 01, 2026 the best value apartment in the Pennington area is the $0.28 price per square foot 4BR/4BA Model at Villas on Sycamore in the in the Downtown Huntsville neighborhood starting from $444. The second greatest value Pennington apartment is the 2 Bedroom 2 Bath Model at Bearkat Cottages starting at $810 with a $0.77 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.
Villas on Sycamore4BR/4BA4BR,4BA$0.28
Bearkat Cottages2 Bedroom 2 Bath2BR,2BA$0.77
Gateway at Huntsville2 Bed / 2 Bath2BR,2BA$0.73
The Quarters2x22BR,2BA$0.78
The Heights2A2BR,2BA$1.05
The Brazos ApartmentsB1 (2x1)2BR,1BA$1.15
The Oaks Apartments1 Bedroom 1 Bath1BR,1BA$0.96
Timbers Apartments2 BR x 1 BA2BR,1BA$1.16
Reserve at MottOne Bedroom1BR,1BA$1.18
Hillside Chateau Apartments1 Bedroom 1 Bath Flat1BR,1BA$1.12

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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.

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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 $670 at The Trails 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 $810 at Bearkat Cottages.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.