
Cheap Apartments for Rent near Penryn, CA from $528 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in Penryn.


Almond Heights

The Easton

Springview Oaks Apartments

The Everette

Foothill Terrace Apartments

Crest View Apartments

The Overlook

Auburn Ravine Terrace - 55+ Active Adult 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.

Rocklin Gold

The Preserve at Creekside

Stanford Heights

Meridian At Stanford Ranch

The AVA Apartments

Broadstone at Stanford Ranch

Woodstream Townhomes

Rocklin Manor Apartments

Emerald Pointe
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.

Total Monthly Price
Sutter Ridge

Persimmon Terrace Apartments

The Winsted at Sunset West

Pearl Creek

Total Monthly Price
THE PHOENICIAN

The Brighton Apartments

Garnet Creek

The James

Shaliko Apartment Homes
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.

Total Monthly Price
Montessa at Whitney Ranch

Terraces at Stanford Ranch

The Oaks at Sunset Phase II

Sunset Summit

The Vue at Rocklin Ridge

The Mariah

2811 Beachcomber Dr E

5381 3rd St

1280 Grove Ct
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.

415 Sutton Pl

315 Chamberlain Ave
Penryn, CA Local Guide

How much does it cost to rent an apartment in Penryn?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penryn Studio Apartments | $1,550 | $1,550 | $1,550 |
| Penryn 1 Bedroom Apartments | $1,958 | $528 | $2,570 |
| Penryn 2 Bedroom Apartments | $2,310 | $606 | $3,600 |
| Penryn 3 Bedroom Apartments | $3,050 | $676 | $4,276 |
| Penryn 4 Bedroom Apartments | $3,100 | $3,100 | $3,100 |
Browse Top Apartments in Penryn
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Penryn, CA Local Guide
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Cheapest Available Penryn Apartments for Rent and Nearby
 The cheapest available apartment rental in Penryn, CA is a 1 Bed unit found at Gardens at Bella Breeze in the Lincoln neighborhood priced from $528. Stanford Court Senior Living in the Black Oak neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,077. Here is today’s list of the most affordable Penryn apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Gardens at Bella Breeze | One Bedroom | 1BR,1BA | $528 |
| Stanford Court Senior Living | 1x1 | 1BR,1BA | $1,077 |
| The Easton | 1x1 | 1BR,1BA | $1,599 |
| Springview Oaks Apartments | Plan A 1x1 | 1BR,1BA | $1,625 |
| Crest View Apartments | 1 Bedroom | 1BR,1BA | $1,745 |
| The Overlook | 1 Bed 1 Bath | 1BR,1BA | $1,750 |
| Auburn Ravine Terrace - 55+ Active Adult Apartments | The Cedar - One Bedroom Corner | 1BR,1BA | $1,751 |
| Rocklin Gold | One Bedroom | 1BR,1BA | $1,755 |
| The Preserve at Creekside | Acorn | 1BR,1BA | $1,780 |
| Stanford Heights | Arlington | 1BR,1BA | $1,785 |
Best Value Apartments for Rent in Penryn, CA and Nearby
As of August 26, 2026 the best value apartment in the Penryn area is the $1.62 price per square foot 3BED/2.5BATH Model at Rocklin Sunset Townhomes in the in the Stoneridge East Village neighborhood starting from $2,800. The second greatest value Penryn apartment is the Duet A Model at Tricon Twelve Bridges starting at $3,019 with a $2.29 price per square foot in the Lincoln neighborhood. Here is today’s list of the best values for Penryn apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Rocklin Sunset Townhomes | 3BED/2.5BATH | 3BR,2.5BA | $1.62 |
| Tricon Twelve Bridges | Duet A | 3BR,2.5BA | $2.29 |
| THE PHOENICIAN | Edessa | 2BR,2BA | $2.12 |
| Woodstream Townhomes | Maple | 2BR,2.5BA | $2.26 |
| The Brighton Apartments | 2B | 2BR,2BA | $2.02 |
| The AVA Apartments | 2BD, 2BTH LD | 2BR,2BA | $2.30 |
| Rocklin Gold | One Bedroom | 1BR,1BA | $2.24 |
| The Preserve at Creekside | Acorn | 1BR,1BA | $2.32 |
| Gardens at Bella Breeze | One Bedroom | 1BR,1BA | $0.88 |
| Stanford Court Senior Living | 1x1 | 1BR,1BA | $1.87 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Penryn, CA Rentals by Map
See the most popular apartments and homes in Penryn, CA
Frequently Asked Questions about Cheap Penryn Apartments
How much is rent for a Cheap One Bedroom Penryn Apartment?
The lowest price for a Cheap One Bedroom Penryn Apartment is $528 at Gardens at Bella Breeze.
What is the lowest price for a Cheap Two Bedroom Penryn Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Penryn is starting from $606 at Gardens at Bella Breeze.
What is the most affordable Penryn Three Bedroom Apartment?
The best deal on a cheap Penryn Three Bedroom Apartment rental is at Gardens at Bella Breeze and starts from $676.
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.

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.

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.