Cheap Apartments for Rent near Pennington, TX from $300 (46 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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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property at 110 N 5th St

$650

1 Bedroom Rentals

Available Now

110 N 5th St

CrockettTX75835
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Timbers Apartments
1 to 2 Bedroom Apartments

Timbers Apartments

1500 N Houston AveLivingston, TX 77351
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WillowBrook Apartments
1 to 2 Bedroom Apartments

WillowBrook Apartments

706 Henderson StLufkin, TX 75904
  • Utilities Included

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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The Timbers
1 to 2 Bedroom Apartments

The Timbers

144 Interstate 45 NHuntsville, TX 77320
Student Housing

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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Showing Results 1-46, 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 $485. 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$485
The Heights5A5BR,5BA$605
Santa Fe Trails ApartmentsStudioStudio,1BA$619
The Trails Apartments1 Bed, 1 Bath1BR,1BA$670
Hidden OaksStudioStudio,1BA$700
French Quarter Apartments1 Bed / 1 Bath1BR,1BA$700
University Club Huntsville1Bed 1 Bath1BR,1BA$719
University Place Apartments1 Bedroom 1 Bath1BR,1BA$719
Sagewood Villas2-1 FoxS2BR,1BA$725
Forest Gate Apartments1 bedroom 1 bath1BR,1BA$729

Best Value Apartments for Rent in Pennington, TX and Nearby

As of July 31, 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
Hillside Chateau Apartments2 Bedroom 2 Bath2BR,2BA$0.89
Paper Moon Apartments2 Bed Loft2BR,1BA$1.04
The Heights2A2BR,2BA$1.05
The Oaks Apartments1 Bedroom 1 Bath1BR,1BA$0.96
Deer WoodWillow1BR,1BA$1.12
University Place Apartments1 Bedroom 1 Bath1BR,1BA$1.03
Forest Gate Apartments1 bedroom 1 bath1BR,1BA$1.10

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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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 #199

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 Santa Fe Trails 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 $725 at Sagewood Villas.

What is the most affordable Pennington Three Bedroom Apartment?

The best deal on a cheap Pennington Three Bedroom Apartment rental is at Bearkat Cottages and starts from $699.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.