Cheap Apartments for Rent near Penryn, CA from $500 (42 Rentals)

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Search the lowest-cost Apartments available for rent right now in Penryn.

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.

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THE PHOENICIAN
$1,800 - $2,750
Total Monthly Price

Total Monthly Price

Base Rent
$1,800 - $2,750
Total Monthly Price
$1,800 - $2,750
1 to 3 Bedroom Apartments Available Now

THE PHOENICIAN

1501 Secret Ravine PkwyRoseville, CA 95661
Corporate Housing
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  • Customer Reviewed
  • Utilities Included
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Sutter Ridge
Rent Specials
$1,885 - $2,384
Total Monthly Price

Total Monthly Price

Base Rent
$1,885 - $2,384
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Sutter Ridge

5800 Woodside DrRocklin, CA 95677
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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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.

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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.

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Sunset Summit
1 to 3 Bedroom Apartments

Sunset Summit

2151 Sunset BlvdRocklin, CA 95765
Corporate Housing
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The Mariah
2 Bedroom Apartments

The Mariah

5340 Brace RdLoomis, CA 95650

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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Showing Results 1-42, Page 1 of 1

Penryn, CA Local Guide

Cheapest Available Penryn Apartments for Rent and Nearby

 

The cheapest available apartment rental in Penryn, CA is a 1 Bed unit found at Springview Oaks Apartments in the Stoneridge East Village neighborhood priced from $1,625. The Everette in the Stoneridge East Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,699. Here is today’s list of the most affordable Penryn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Springview Oaks ApartmentsPlan A 1x11BR,1BA$1,625
The Everette1x11BR,1BA$1,699
Crest View Apartments1 Bedroom1BR,1BA$1,745
The Overlook Apartments1 Bed 1 Bath1BR,1BA$1,747
Auburn Ravine Terrace - 55+ Active Adult ApartmentsThe Cedar - One Bedroom Corner1BR,1BA$1,751
Stanford HeightsLexington1BR,1BA$1,780
Rocklin GoldOne Bedroom1BR,1BA$1,785
Sunset SummitN. Palisade2BR,1BA$1,795
The Easton2x12BR,1BA$1,866
Sutter RidgeSierra1BR,1BA$1,885

Best Value Apartments for Rent in Penryn, CA and Nearby

As of July 11, 2026 the best value apartment in the Penryn area is the $2.14 price per square foot Duet B Model at Tricon Twelve Bridges in the in the Lincoln neighborhood starting from $2,749. The second greatest value Penryn apartment is the Ascot Model at Stanford Heights starting at $2,630 with a $2.22 price per square foot in the Black Oak neighborhood. Here is today’s list of the best values for Penryn apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tricon Twelve BridgesDuet B2BR,2.5BA$2.14
Stanford HeightsAscot3BR,2BA$2.22
Pearl Creek2 - 22BR,2BA$2.23
THE PHOENICIANEdessa2BR,2BA$2.17
Shaliko Apartment HomesResidence 3 Luxury2BR,2BA$2.14
Emerald Pointe2x2 Cottage2BR,2BA$2.17
The Preserve at CreeksideBrook2BR,2BA$1.95
The Brighton Apartments2B2BR,2BA$2.02
The Easton2x12BR,1BA$2.07
Rocklin GoldOne Bedroom1BR,1BA$2.28

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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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $1,625 at Springview Oaks Apartments.

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 $1,795 at Sunset Summit.

What is the most affordable Penryn Three Bedroom Apartment?

The best deal on a cheap Penryn Three Bedroom Apartment rental is at The Preserve at Creekside and starts from $2,313.

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

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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.

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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.

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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.

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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.