
Cheap Apartments for Rent in Penns Grove, NJ from $700 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in Penns Grove.


The Landing at Carneys Point

Penns Grove Apartments

Village Park at Paladin

The Residences at Rodney Square

The Standard

MKT North

Baynard Apartments

Brandywine Hills Apartments

River's Bend Apartments
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

River Commons

River Club Apartments 55+ Senior Community

Lincoln Square

The Chateau Apartments

101 dupont place

Pebble Hill Apartments

Hillside Pointe Apartments
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.

815 Rosedale Ave

The Press

The Residences at Mid-town Park

Summit Chase Apartments

The Colony Apartments

Total Monthly Price
Village at Fox Point

Meadowview Apartments

801 N Market Street

835-839 N Tatnall St

The Cooper
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.

Carneys Point Senior Apartments

The Lofts at Clifford Brown Walk

312 Concord Ave

2600 N Jefferson St

1110 Read St

314 Concord Ave

306 W 23rd St

302 W 23rd St

Sandy Ridge Apartments

6 W 20th St
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.

8 W 20th St

1114 Lancaster Ave

518 E 12th St

Market View Residences

1702 N Washington St

The Lofts at 2nd and LOMA

428 S Jackson St

714 E 22nd St

304 Porter St

1219 B St
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.
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 | $1,604 | $1,068 | $2,755 |
| Penns Grove 1 Bedroom Apartments | $1,876 | $1,050 | $4,120 |
| Penns Grove 2 Bedroom Apartments | $2,504 | $1,225 | $5,694 |
| Penns Grove 3 Bedroom Apartments | $2,811 | $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 Studio unit found at Baynard Apartments in the Brandywine Hills neighborhood priced from $1,100. Courtyard Apartments in the Southbridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here is today’s list of the most affordable Penns Grove apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Baynard Apartments | Efficiency | Studio,1BA | $1,100 |
| Courtyard Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1,195 |
| Madison Monroe Apartments | B | 1BR,1BA | $1,200 |
| The Chateau Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,300 |
| Hillside Pointe Apartments | Oakwood | 1BR,1BA | $1,325 |
| 815 Rosedale Ave | 6 | 1BR,1BA | $1,325 |
| The Landing at Carneys Point | 1/1 | 1BR,1BA | $1,350 |
| Pebble Hill Apartments | 1 Bedroom 1 Bathroom Terrace | 1BR,1BA | $1,365 |
| The Colony Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,400 |
| Meadowview Apartments | One Bedroom | 1BR,1BA | $1,475 |
Best Value Apartments for Rent in Penns Grove, NJ and Nearby
As of June 14, 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 |
| Lighthouse Hill Apartments | 2 Bedroom | 2BR,1.5BA | $1.53 |
| Water View Court | Two Bedroom with Den | 2BR,1.5BA | $1.46 |
| 835-839 N Tatnall St | 1 Bedroom | 1.5 Baths | 1BR,1.5BA | $1.71 |
| Hillside Pointe Apartments | Somerset | 2BR,1BA | $1.76 |
| The Colony Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.65 |
| Madison Monroe Apartments | A | 2BR,1BA | $1.65 |
| 815 Rosedale Ave | 6 | 1BR,1BA | $1.70 |
| Courtyard Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1.71 |
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.
Read ArticleReal 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.
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
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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 $1,195 at Courtyard Apartments.
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 $1,400 at Madison Monroe Apartments.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.