Cheap Apartments for Rent in Penryn, PA from $300 (34 Rentals)

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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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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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Kreider Commons
1 to 2 Bedroom Apartments

Kreider Commons

631 N 8th StLebanon, PA 17046
Senior Living
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Kissel Hill Apartments
1 to 2 Bedroom Apartments

Kissel Hill Apartments

616 Paxton PlLititz, PA 17543
Corporate Housing
  • Utilities Included

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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Pennwick Townhomes
2 Bedroom Apartments

Pennwick Townhomes

2010-2014 Pennwick RdLancaster, PA 17601
  • Utilities Included
Showing Results 1-34, Page 1 of 1

Penryn, PA Local Guide

Cheapest Available Penryn Apartments for Rent and Nearby

 

The cheapest available apartment rental in Penryn, PA is a 1 Bed unit found at Kreider Commons in the Downtown Lebanon neighborhood priced from $961. Garden Oaks Apartments in the Downtown Lebanon neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable Penryn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Kreider Commons1 Bdrm1BR,1BA$961
Garden Oaks Apartments1 Bedroom1BR,1BA$1,000
Plaza ApartmentsOne Bedroom1BR,1BA$1,295
Greentree Village TownhomesTwo Bedroom2BR,1BA$1,305
Summit Square Apartments1 Bedroom | 1 Bathroom - Hearth Collection1BR,1BA$1,325
Colebrook Apartments1 Bedroom1BR,1BA$1,380
Glenn Wyn (06gl)1BR/1.0BA1BR,1BA$1,390
Weavertown TerraceModern Townhome Community, Wash/Dryer/Assigned ...2BR,1BA$1,395
North Cornwall Commons ApartmentsA11BR,1BA$1,400
Wheatland HillsOne Bedroom Garden1BR,1BA$1,420

Best Value Apartments for Rent in Penryn, PA and Nearby

As of June 13, 2026 the best value apartment in the Penryn area is the $1.57 price per square foot Piedmont Model at Belair Townhomes in the in the Outer Lancaster neighborhood starting from $2,192. The second greatest value Penryn apartment is the AveryA1 Model at Avery Square starting at $2,196 with a $1.61 price per square foot in the Manheim Lititz 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.
Belair TownhomesPiedmont3BR,1.5BA$1.57
Avery SquareAveryA13BR,2.5BA$1.61
The Crest at Elm TreeMagnolia2BR,2BA$1.73
Penn Station TownhomesMaple2BR,2BA$1.73
Holly TreeSassafras2BR,2BA$1.27
419 ApartmentsWright2BR,2BA$1.41
Greentree Village TownhomesTwo Bedroom 1.5 Bath2BR,1.5BA$1.38
Weavertown TerraceModern Townhome Community, Wash/Dryer/Assigned ...2BR,1.5BA$1.64
Kreider Commons1 Bdrm1BR,1BA$1.24
Garden Oaks Apartments1 Bedroom1BR,1BA$1.45

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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Quick 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.

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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 $961 at Kreider Commons.

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 $1,305 at Greentree Village Townhomes.

What is the most affordable Penryn Three Bedroom Apartment?

The best deal on a cheap Penryn Three Bedroom Apartment rental is at Garden Oaks Apartments and starts from $1,500.

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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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.