
Cheap Apartments for Rent in Penns Grove, NJ from $1,050 (69 Rentals)
Search the lowest-cost Apartments available for rent right now in Penns Grove.


The Landing at Carneys Point

138 Denny Ave

Penns Grove Apartments

Village Park at Paladin

The Standard

MKT North

Water View Court

Brandywine Hills Apartments

River's Bend Apartments
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.

MKT South

Courtyard Apartments

The Residences at Rodney Square

Madison Monroe Apartments

River Commons

River Club Apartments 55+ Senior Community

Lincoln Square

Baynard Apartments

101 dupont place

Hillside Pointe Apartments
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.

The Press

The Colony Apartments

Midtown Park

Summit Chase Apartments

The Chateau Apartments

835-839 N Tatnall St

Total Monthly Price
Village at Fox Point

Meadowview Apartments

801 N Market Street

The Cooper
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.

The Residences at Christina Landing

Pebble Hill Apartments

901 Market Tower

Crosby Hill

River House Apartments

2412 Jessup St

Humble Park Place

The Lofts at Clifford Brown Walk

901 N Spruce St

Carneys Point Senior 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.

316 Concord Ave

2600 N Jefferson St

714 E 22nd St

2602 Jefferson St

3209 Miller Rd

Lighthouse Hill Apartments

815 Rosedale Ave

Sandy Ridge Apartments

111 W 13th St

1702 N Washington St
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.
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 | $1,627 | $1,075 | $2,815 |
| Penns Grove 1 Bedroom Apartments | $1,887 | $1,050 | $4,120 |
| Penns Grove 2 Bedroom Apartments | $2,558 | $1,140 | $5,694 |
| Penns Grove 3 Bedroom Apartments | $2,769 | $1,330 | $4,293 |
Browse Top Apartments in Penns Grove
See all Apartments in Penns GroveExplore Penns Grove
Penns Grove, NJ Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
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. 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 |
|---|---|---|---|
| Water View Court | One Bedroom | 1BR,1BA | $1,100 |
| Courtyard Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1,195 |
| Madison Monroe Apartments | B | 1BR,1BA | $1,200 |
| Baynard Apartments | One Bedroom | 1BR,1BA | $1,300 |
| Lighthouse Hill Apartments | 1BR - 1BTH | 1BR,1BA | $1,300 |
| The Landing at Carneys Point | 1/1 | 1BR,1BA | $1,350 |
| The Colony Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,350 |
| Brandywine Hills Apartments | 1BR Deluxe | 1BR,1BA | $1,370 |
| The Residences at Rodney Square | Brandywine One Bedroom | 1BR,1BA | $1,395 |
| 835-839 N Tatnall St | 1 Bedroom | 1 Bathroom | 1BR,1BA | $1,425 |
Best Value Apartments for Rent in Penns Grove, NJ and Nearby
As of September 13, 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 Colony Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.59 |
| The Chateau Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.57 |
| Lighthouse Hill Apartments | 2BR - 1.5 BTH Renovated | 2BR,1.5BA | $1.65 |
| Hillside Pointe Apartments | Richmond | 2BR,1BA | $1.81 |
| Madison Monroe Apartments | A | 2BR,1BA | $1.65 |
| 835-839 N Tatnall St | 1 Bedroom | 1.5 Baths | 1BR,1.5BA | $1.76 |
| The Landing at Carneys Point | 1/1 | 1BR,1BA | $1.79 |
| 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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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
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 101 dupont place listed at $1,310.
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 $1,400 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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.