Cheap Homes for Rent in Penryn, CA from $1,500 (6 Rentals)

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

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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 Terracina at Whitney Ranch in the Black Oak neighborhood priced from $1,536. Crest View Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,695. Here is today’s list of the most affordable Penryn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Terracina at Whitney Ranch1-bedroom1BR,1BA$1,536
Crest View Apartments1 Bedroom1BR,1BA$1,695
Springview Oaks ApartmentsPlan A 1x11BR,1BA$1,695

Best Value Apartments for Rent in Penryn, CA and Nearby

As of June 19, 2025 the best value apartment in the Penryn area is the $1.90 price per square foot 3x2.5 Model at Terraces at Stanford Ranch in the in the Stoneridge East Village neighborhood starting from $2,799. The second greatest value Penryn apartment is the Duet A Model at Tricon Twelve Bridges starting at $2,999 with a $2.28 price per square foot in the Monte Vista 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.
Terraces at Stanford Ranch3x2.53BR,2.5BA$1.90
Tricon Twelve BridgesDuet A3BR,2.5BA$2.28
Pearl Creek2 - 22BR,2BA$2.17
Shaliko Apartment HomesResidence 3 Luxury2BR,2BA$2.29
Montessa at Whitney RanchG52BR,2BA$2.21
The Brighton Apartments2B2BR,2BA$1.92
TERRACES AT STANFORD RANCH II1 Bedroom with Den1BR,1.5BA$2.36
Sutter RidgeThe Summit2BR,1BA$2.27
Broadstone at Stanford RanchTouchstone1BR,1BA$2.37
Crest View Apartments1 Bedroom1BR,1BA$2.32

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Frequently Asked Questions about Penryn

What type of rentals are currently available in Penryn?

There are currently 44 Apartments for Rent in Penryn, CA with pricing that ranges from $1,327 to $5,737. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penryn ranging from $1,575 to $4,495.

What is the current price range for Rental Homes in Penryn?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Penryn ranges from $1,575 to $4,495 with an average monthly rent of $3,105.

How much are larger Three and Four Bedroom Rentals in Penryn?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Penryn range from $2,350 to $3,310, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,350 to $3,289. Four Bedroom Single-Family rentals are also available starting from $2,995 and Four Bedroom Apartments start at $3,203.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.