
Cheap Homes for Rent in Penryn, PA from $700 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Penryn.


825 Church St

412 New St

414 New St

816 Church St

224 W Franklin 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.

323 S 6th St

1051 Henn Ave

225-227 N 8th St

30 S Wolf St

31 S Main St

1022 Orchard 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.
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 | $1,508 | $1,045 | $2,580 |
| Penryn 3 Bedroom Homes for Rent | $1,671 | $1,045 | $2,500 |
| Penryn 4 Bedroom Homes for Rent | $2,225 | $1,700 | $2,750 |
| 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 Garden Oaks Apartments in the Downtown Lebanon neighborhood priced from $1,000. Glenn Wyn (06gl) in the College Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,215. Here is today’s list of the most affordable Penryn apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Garden Oaks Apartments | 1 Bedroom | 1BR,1BA | $1,000 |
| Glenn Wyn (06gl) | 1BR/1.0BA | 1BR,1BA | $1,215 |
| Plaza Apartments | One Bedroom | 1BR,1BA | $1,255 |
| Wheatland Hills | One Bedroom Traditional | 1BR,1BA | $1,290 |
| Colebrook Apartments | Standard Studio | Studio,1BA | $1,310 |
Best Value Apartments for Rent in Penryn, PA and Nearby
As of December 09, 2025 the best value apartment in the Penryn area is the $1.00 price per square foot 3BR/2.5BA Model at Chateau d'Eden in the in the East Side neighborhood starting from $2,545. The second greatest value Penryn apartment is the Belair Model at Belair Townhomes starting at $2,201 with a $1.38 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 | $1.00 |
| Belair Townhomes | Belair | 4BR,1.5BA | $1.38 |
| Penn Station Townhomes | Oak Townhome | 3BR,2BA | $1.61 |
| The Crest at Elm Tree | Cypress | 2BR,2BA | $1.57 |
| 419 Apartments | Legacy | 2BR,2BA | $1.55 |
| Holly Tree | Tulip | 2BR,2BA | $1.48 |
| Lancaster Lofts Apartments | Armstrong | 1BR,1BA | $1.60 |
| Greentree Village Townhomes | Two Bedroom | 2BR,1BA | $1.58 |
| Meadows East | Garden C | 2BR,1BA | $1.49 |
| 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 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 $965 to $19,025. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penryn ranging from $765 to $2,750.
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 $765 to $2,750 with an average monthly rent of $1,579.
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 $4,041, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,045 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $2,201.
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

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.