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Apartments for Rent in Penn Valley, CA under $1500

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    Verified Listing

    Lone Oak Senior Apartments

    3.5 (5)
    10584 Broken Oak Court, Penn Valley, CA 95946
    Pet friendly • Parking • Fitness center
  • Ask for pricing
    Verified Listing

    Courtyards At Penn Valley

    4.5 (8)
    10491 Broken Oak Ct, Penn Valley, CA 95946
    Pet friendly • Parking

  • More Rentals Near Penn Valley, CA

  • Only 1 unit left
    2 bd $1,495
    Base rent Income restricted
    Verified Listing

    Cedar Park Apartments

    210 Sutton Way, Grass Valley, CA 95945
    Apply online • Pet friendly • In unit laundry
  • Only 1 unit left
    1 bd $1,326
    Base rent
    Verified Listing

    Brunswick Commons

    3.5 (3)
    936 Old Tunnel Rd, Grass Valley, CA 95945
    Apply online • Pet friendly • Fitness center
  • 119 Union Jack Street Studio Apartment for Rent
    Ask for pricing
    Verified Listing

    The Summit

    119 Union Jack Street, Grass Valley, CA 94945
    Pet friendly
  • 2-3-city

Frequently asked questions

When were prices and availability in Penn Valley, CA last updated?

Prices and availability in Penn Valley, CA were last updated on 22 Aug 2026.

What are the best apartments in Penn Valley, CA?

The best apartments in Penn Valley, CA are: Lone Oak Senior Apartments and Courtyards at Penn Valley.

What type of rental buildings are in Penn Valley, CA?

In Penn Valley, 27% of the residents are renting compared to 73% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent none of Penn Valley's rentals, 53% are small-scale complexes with under 50 units, and 47% are single-family rentals.

Renting apartments in Penn Valley, CA under $1,500

Searching for apartments for rent in Penn Valley, CA under $1,500 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Penn Valley, CA, where the average rent is $1,410 per month, there are 5 units available for less than $1,500. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $1,500” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Penn Valley, CA. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Penn Valley, CA going for $1,326 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.