
Cheap Homes for Rent in Pennington, TX from $700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Pennington.


119 Bass Boat Vlg

304 Elizabeth St

307 Bass Boat VLG
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.

78 Westwood Dr W

11823 FM355

49 Westwood Vlg Dr

210 H Pickens Rd

11 Winding Ridge

115 Ava Ln
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.
Pennington, TX 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 | $1,103 | $850 | $1,400 |
Pennington 3 Bedroom Homes for Rent | $1,571 | $975 | $3,200 |
Pennington 4 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Pennington 6 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Top Homes for Rent in Pennington
Explore Pennington
Pennington, TX Local Guide
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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. Silvercreek Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here is today’s list of the most affordable Pennington apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Heights | 5A | 5BR,5BA | $605 |
Silvercreek Apartments | Studio/EFF | Studio,1BA | $699 |
University Place Apartments | Efficiency | Studio,1BA | $719 |
Best Value Apartments for Rent in Pennington, TX and Nearby
As of June 03, 2025 the best value apartment in the Pennington area is the $1.06 price per square foot B1 Model at Livingston Pioneer Crossing in the starting from $943. The second greatest value Pennington apartment is the 2A Model at The Heights starting at $875 with a $1.05 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Livingston Pioneer Crossing | B1 | 2BR,2BA | $1.06 |
The Heights | 2A | 2BR,2BA | $1.05 |
The Oaks Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.09 |
French Quarter Apartments | 2 Bed / 1 Bath - Downstairs | 2BR,1BA | $1.24 |
Pine Hills | Birch | 1BR,1BA | $1.30 |
Forest Gate Apartments | 1 bedroom 1 bath | 1BR,1BA | $1.25 |
Hillside Apartments | 1 Bedroom 1 Bath Flat | 1BR,1BA | $1.28 |
University Club Huntsville | 1Bed 1 Bath | 1BR,1BA | $1.28 |
Woodhollow Apartments | A-1 | 1BR,1BA | $1.32 |
WillowBrook Apartments | B200-1B1B | 1BR,1BA | $1.25 |
Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about Pennington
What type of rentals are currently available in Pennington?
There are currently 40 Apartments for Rent in Pennington, TX with pricing that ranges from $390 to $2,300. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pennington ranging from $795 to $3,200.
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 $795 to $3,200 with an average monthly rent of $1,805.
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 $630 to $2,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $975 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $390.
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 Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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.