Apartments in Penn Valley

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$2,800
18862 Meadowlark Ct Penn Valley, CA
3 BR | Available Now
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Dog Friendly
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1
$2,500
Penn Valley, CA
3 BR | Available Now
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Dog Friendly
Cat Friendly
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3
$2,650
Penn Valley, CA
2 BR | Dec. 14, 2026
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Cat Friendly
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Air Conditioning
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1
$3,500
14291 Pepperwood Dr Penn Valley, CA
3 BR | Available Now
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1
$2,500
17836 Minnow Way Penn Valley, CA
3 BR | Nov. 15, 2026
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How much does it cost to rent an apartment in Penn Valley?

Penn Valley Apartments
Bed Type Average Rent Range
3BR $2,650 $2,500 - $3,500

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Penn Valley:
November Rent Report

Welcome to the November 2026 Penn Valley Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2026 key findings and figures for the Penn Valley rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Penn Valley and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Penn Valley average rent prices in the chart below.

Monthly Rent Report

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1 BR       2 BR

Penn Valley Rent Prices Decrease From October to November

Penn Valley rent prices decreased over the last month. From October to November, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Penn Valley one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from October to November, Penn Valley experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Penn Valley two-bedroom apartments currently stands at $.

November Prices: Penn Valley vs. Surrounding Areas

Rent Prices in Penn Valley and Surrounding Areas

Rent prices have decreased in Penn Valley over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Penn Valley suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Penn Valley suburbs

  • Rents did not decrease in any of the Penn Valley suburbs.

November 2026 Pricing Trends: Penn Valley vs. National Comparisons

Penn Valley Rent Prices More Affordable Than Major Cities

Rent growth in Penn Valley over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Penn Valley average rent prices appear to be relatively affordable for local residents.

The price for a Penn Valley one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Penn Valley and surrounding area rent prices, take a look at the complete data set below.

Data set for Penn Valley and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.