
Cheap Apartments for Rent near Penzance, SK from $964 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Penzance.


Kleisinger 45 Apartments

Onyx

Alpine Villa

Northgate Manor II
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

18 Schemmer Bay

443 Lorne St N

Rochdale Crossing

Evergreen Estates
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.

6595 Rochdale Blvd

Madison Apartments

6260 Little Pine Loop

104 Briere Dr

105 Briere Dr
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Penzance, SK Local Guide
How much does it cost to rent an apartment in Penzance?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penzance Studio Apartments | $1,078 | $964 | $1,195 |
| Penzance 1 Bedroom Apartments | $1,276 | $1,059 | $1,604 |
| Penzance 2 Bedroom Apartments | $1,574 | $1,224 | $2,570 |
| Penzance 3 Bedroom Apartments | $1,916 | $1,749 | $2,039 |
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Penzance, SK Local Guide
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Cheapest Available Penzance Apartments for Rent and Nearby
 The cheapest available apartment rental in Penzance, SK is a Studio unit found at Kleisinger 45 Apartments priced from $1,028. Onyx has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,059. Here is today’s list of the most affordable Penzance apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Kleisinger 45 Apartments | Bachelor | Studio, 1BA | $1,028 |
| Onyx | 1 Bedroom, 1 Bathroom | 1BR, 1BA | $1,059 |
| Alpine Villa | 1 Bed | 1BR, 1BA | $1,100 |
| Kleisinger 27 Apartments | 1 bedroom | 1BR, 1BA | $1,185 |
| Canvas | 1 Bedroom, 1 Bathroom | 1BR, 1BA | $1,419 |
Best Value Apartments for Rent in Penzance, SK and Nearby
As of September 27, 2026 the best value apartment in the Penzance area is the $2.06 price per square foot 2 Bedroom Premium Model at Evergreen Estates starting from $1,749. The second greatest value Penzance apartment is the 2 Bedroom, 1 Bathroom Model at Rochdale Crossing starting at $1,644 with a $2.00 price per square foot. Here is today’s list of the best values for Penzance apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Evergreen Estates | 2 Bedroom Premium | 2BR, 1BA | $2.06 |
| Rochdale Crossing | 2 Bedroom, 1 Bathroom | 2BR, 1BA | $2.00 |
| Onyx | 2 Bedroom, 1 Bathroom | 2BR, 1BA | $1.99 |
| Alpine Villa | 1 Bed | 1BR, 1BA | $1.69 |
| Canvas | 1 Bedroom, 1 Bathroom | 1BR, 1BA | $2.43 |
| Kleisinger 27 Apartments | 1 bedroom | 1BR, 1BA | $2.15 |
| Kleisinger 45 Apartments | Bachelor | Studio, 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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Penzance, SK Rentals by Map
See the most popular apartments and homes in Penzance, SK
Frequently Asked Questions about Cheap Penzance Apartments
How much is rent for a Cheap One Bedroom Penzance Apartment?
The lowest price for a Cheap One Bedroom Penzance Apartment is $1,059 at Onyx.
What is the lowest price for a Cheap Two Bedroom Penzance Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Penzance is starting from $1,311 at Kleisinger 45 Apartments.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
