
Cheap Apartments for Rent in Penns Grove, NJ from $700 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in Penns Grove.


Penns Grove Apartments

815 Rosedale Ave

Village Park at Paladin

The Standard

Brandywine Hills Apartments

Water View Court

Baynard Apartments

River's Bend Apartments

MKT North
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.

Courtyard Apartments

Madison Monroe Apartments

MKT South

The Residences at Rodney Square

River Commons

Pebble Hill Apartments

River Club Apartments 55+ Senior Community

2600 N Jefferson St

Lincoln Square

The Chateau
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.

7630 Coral Blvd

101 dupont place

Hillside Pointe Apartments

801 N Market Street

The Press

The Residences at Mid-town Park

Summit Chase Apartments

The Colony Apartments

Market View Residences

Total Monthly Price
Village at Fox Point
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.

Meadowview Apartments

835-839 N Tatnall St

The Cooper

Carneys Point Senior Apartments

The Lofts at Clifford Brown Walk

Sandy Ridge Apartments

604 W 20th St

422 E 4th St

Lighthouse Hill Apartments

201 E 13th St
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.

314 Concord Ave

The Lofts at 2nd and LOMA

606 S Claymont St

1702 N Washington St

304 Porter St

714 E 22nd St

15 W 29th St

The Saville

1301 N Harrison St

901 Market Tower
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.
Penns Grove, NJ Local Guide

How much does it cost to rent an apartment in Penns Grove?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penns Grove Studio Apartments | $1,685 | $1,075 | $2,742 |
| Penns Grove 1 Bedroom Apartments | $1,932 | $950 | $4,120 |
| Penns Grove 2 Bedroom Apartments | $2,625 | $1,200 | $5,694 |
| Penns Grove 3 Bedroom Apartments | $3,072 | $1,330 | $4,293 |
Browse Top Apartments in Penns Grove
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Penns Grove, NJ Local Guide
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Cheapest Available Penns Grove Apartments for Rent and Nearby
 The cheapest available apartment rental in Penns Grove, NJ is a 1 Bed unit found at Water View Court in the Channin neighborhood priced from $1,100. Baynard Apartments in the Brandywine Hills neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here is today’s list of the most affordable Penns Grove apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Water View Court | One Bedroom | 1BR,1BA | $1,100 |
| Baynard Apartments | Efficiency | Studio,1BA | $1,100 |
| Brandywine Hills Apartments | Jr. 1BR | 1BR,1BA | $1,119 |
| Courtyard Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1,195 |
| Madison Monroe Apartments | B | 1BR,1BA | $1,200 |
| The Chateau | The Grande | 1BR,1BA | $1,300 |
| Lighthouse Hill Apartments | 1 Bedroom | 1BR,1BA | $1,300 |
| Hillside Pointe Apartments | Oakwood | 1BR,1BA | $1,325 |
| 801 N Market Street | 0TP2 | Studio,1BA | $1,345 |
| The Landing at Carneys Point | 1/1 | 1BR,1BA | $1,350 |
Best Value Apartments for Rent in Penns Grove, NJ and Nearby
As of April 29, 2026 the best value apartment in the Penns Grove area is the $1.69 price per square foot 2NVP2 Model at Village Park at Paladin in the in the Brandywine Hills neighborhood starting from $2,025. The second greatest value Penns Grove apartment is the A2 Model at Summit Chase Apartments starting at $1,675 with a $1.52 price per square foot in the Brandywine Hills neighborhood. Here is today’s list of the best values for Penns Grove apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Village Park at Paladin | 2NVP2 | 2BR,2BA | $1.69 |
| Summit Chase Apartments | A2 | 3BR,2BA | $1.52 |
| The Residences at Rodney Square | Longwood Two Bedroom | 2BR,2BA | $1.75 |
| Lighthouse Hill Apartments | 2 Bedroom Townhome | 2BR,1.5BA | $1.70 |
| 835-839 N Tatnall St | 1 Bedroom | 1.5 Baths | 1BR,1.5BA | $1.71 |
| The Colony Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.65 |
| Madison Monroe Apartments | A | 2BR,1BA | $1.65 |
| The Landing at Carneys Point | 1/1 | 1BR,1BA | $1.79 |
| Courtyard Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1.71 |
| Water View Court | One Bedroom | 1BR,1BA | $1.83 |
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.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Best Local Schools in Penns Grove, NJ
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Penns Grove, NJ Rentals by Map
See the most popular apartments and homes in Penns Grove, NJ
Frequently Asked Questions about Cheap Penns Grove Apartments
What is the Cheapest Studio apartment in Penns Grove?
Currently the most affordable Cheap Studio Apartment in Penns Grove is at Baynard Apartments listed at $1,100.
How much is rent for a Cheap One Bedroom Penns Grove Apartment?
The lowest price for a Cheap One Bedroom Penns Grove Apartment is $1,100 at Water View Court.
What is the lowest price for a Cheap Two Bedroom Penns Grove Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Penns Grove is starting from $1,200 at Water View Court.
What is the most affordable Penns Grove Three Bedroom Apartment?
The best deal on a cheap Penns Grove Three Bedroom Apartment rental is at Summit Chase Apartments and starts from $1,675.
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

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.

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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.