
Cheap Homes for Rent in Penryn, PA from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Penryn.


825 Church St

414 New St

127 N 9th St
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.

713 Locust St

505 N Lime St

831 Willow St

1027 Church St
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.

1887 Habecker Rd
Penryn, PA Local Guide

How much does it cost to rent a home in Penryn?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penryn 2 Bedroom Homes for Rent | $1,536 | $1,050 | $2,500 |
| Penryn 3 Bedroom Homes for Rent | $1,785 | $1,150 | $2,649 |
| Penryn 4 Bedroom Homes for Rent | $2,171 | $1,595 | $2,645 |
| Penryn 5 Bedroom Homes for Rent | $1,999 | $1,999 | $1,999 |
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Penryn, PA Local Guide
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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 $786. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Kreider Commons | One Bedroom | 1BR,1BA | $786 |
| Garden Oaks Apartments | 1 Bedroom | 1BR,1BA | $1,000 |
| Summit Square Apartments | 1 Bedroom | 1BR,2BA | $1,100 |
Best Value Apartments for Rent in Penryn, PA and Nearby
As of February 19, 2026 the best value apartment in the Penryn area is the $0.98 price per square foot 3BR/2.5BA Model at Chateau d'Eden in the in the East Side neighborhood starting from $2,495. The second greatest value Penryn apartment is the Piedmont Model at Belair Townhomes starting at $1,920 with a $1.37 price per square foot in the Outer Lancaster 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. |
|---|---|---|---|
| Chateau d'Eden | 3BR/2.5BA | 3BR,2.5BA | $0.98 |
| Belair Townhomes | Piedmont | 3BR,1.5BA | $1.37 |
| Highlands at Warwick | Grayson | 3BR,2BA | $1.42 |
| Barrcrest Apartment Homes | Two Bedroom Two Bath | 2BR,2BA | $1.37 |
| 419 Apartments | Legacy | 2BR,2BA | $1.46 |
| Holly Tree | Tulip | 2BR,2BA | $1.48 |
| Meadows East | Garden C | 2BR,1BA | $1.49 |
| Summit Square Apartments | 1 Bedroom | 1BR,2BA | $1.29 |
| Kreider Commons | One Bedroom | 1BR,1BA | $1.02 |
| Garden Oaks Apartments | 1 Bedroom | 1BR,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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Penryn
What type of rentals are currently available in Penryn?
There are currently 42 Apartments for Rent in Penryn, PA with pricing that ranges from $950 to $3,949. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penryn ranging from $750 to $2,649.
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 $750 to $2,649 with an average monthly rent of $1,534.
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 $1,500 to $3,949, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $2,649. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $2,118.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.