521 W Franklin St
Hartford CityIN47348
Cheap Homes for Rent near Pennville, IN from $400 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Pennville.
206 Moore Ave
DunkirkIN47336
201 S 2nd St
DunkirkIN47336
503 1/2 Richmond St
WinchesterIN47394
903 S Tennessee Ave
MuncieIN47302
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.
302 N Meridian St
PortlandIN47371
408 E North St
WinchesterIN47394
801-D W Riverside Ave
MuncieIN47303
801-B W Riverside Ave
MuncieIN47303
1015 S Pittenger Rd
SelmaIN47383
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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Pennville, IN Local Guide
Pennville by Chris Flook is licensed under CC BY 4.0
How much does it cost to rent a home in Pennville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pennville 2 Bedroom Homes for Rent | $902 | $550 | $1,400 |
| Pennville 3 Bedroom Homes for Rent | $1,193 | $467 | $2,300 |
| Pennville 4 Bedroom Homes for Rent | $1,381 | $1,325 | $1,500 |
| Pennville 5 Bedroom Homes for Rent | $2,050 | $2,000 | $2,100 |
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Pennville, IN Local Guide
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Cheapest Available Pennville Apartments for Rent and Nearby
The cheapest available apartment rental in Pennville, IN is a 2 Beds unit found at The Lofts at Roberts in the School neighborhood priced from $416. Muncie Varsity House in the Westacres neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $569. Here is today’s list of the most affordable Pennville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Lofts at Roberts | The Liberty | 2BR,1BA | $416 |
| Muncie Varsity House | 3 Bed, 3 Bath Plus | 3BR,3BA | $569 |
| Labor Center Lofts | 1BR/1.0BA | 1BR,1BA | $660 |
Best Value Apartments for Rent in Pennville, IN and Nearby
As of July 26, 2026 the best value apartment in the Pennville area is the $0.94 price per square foot Pulse 7616 Model at Freedom Acres MHC in the in the Westacres neighborhood starting from $1,139. The second greatest value Pennville apartment is the 2BD/1BA Model at Cardinal Creek Crossing Apartments starting at $1,055 with a $0.99 price per square foot in the Wells County neighborhood. Here is today’s list of the best values for Pennville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Freedom Acres MHC | Pulse 7616 | 3BR,2BA | $0.94 |
| Cardinal Creek Crossing Apartments | 2BD/1BA | 2BR,1BA | $0.99 |
| Delaware Acres | Harborview 66 | 3BR,2BA | $0.99 |
| Silvertree Communities | Linden Place | 3BR,2BA | $0.81 |
| The Lofts at Roberts | The Liberty | 2BR,1BA | $0.42 |
| Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.67 |
| 424 Lofts | 1 bedroom | 1BR,1BA | $1.09 |
| Labor Center Lofts | 1BR/1.0BA | 1BR,1BA | $0.85 |
| *Newly Renovated* Premium Style 2-4 BD Apartment Home | 2 Beds, 1 bath | 2BR,1BA | $0.94 |
| PINE GROVE APARTMENTS | 1 BED 1 BATH | 1BR,1BA | $1.03 |
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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See the most popular apartments and homes in Pennville, IN
Frequently Asked Questions about Pennville
What type of rentals are currently available in Pennville?
There are currently 56 Apartments for Rent in Pennville, IN with pricing that ranges from $305 to $1,800. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pennville ranging from $467 to $2,300.
What is the current price range for Rental Homes in Pennville?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Pennville ranges from $467 to $2,300 with an average monthly rent of $1,173.
How much are larger Three and Four Bedroom Rentals in Pennville?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Pennville range from $305 to $1,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $467 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,325 and Four Bedroom Apartments start at $449.
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.
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.
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.
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.