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Home / Monroe, LA Area Apartments / Ruston / 3/2 Penny Lane
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Updated 1 day ago

3/2 Penny Lane


303 Penny Ln Ruston, LA

3 Bed
•
2 Bath

1,598 Sq. Ft.

Available starting Jul. 10th
Floor plans
2 Beds • 2 Bath
$1,100 - $1,125
1198 ft2
0 Available
Managed By: Lincoln Properties
217-2
$1,100
Rented
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307-7 H/C
$1,100
Rented
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217-7
$1,100
Rented
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209-2
$1,100
Rented
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211-7
$1,100
Rented
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305-3 H/C
$1,100
Rented
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303-3
$1,100
Rented
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307-3
$1,125
Rented
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209-3
$1,100
Rented
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213-2
$1,100
Rented
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2 Beds • 2 Bath
$1,100
Size: N/A
0 Available
Managed By: Lincoln Properties
305-6 H/C
$1,100
Rented
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3 Beds • 2 Bath
$1,195
1598 ft2
1 Available
Managed By: Lincoln Properties
303-8
$1,195
Available Jul 10th, 2025
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Property details
Description

Introducing 3/2 Penny Lane, a charming 3-bedroom, 2-bathroom condo located in Ruston, LA. This cozy unit features convenient amenities such as a washer/dryer, dishwasher, central air conditioning and heating, and a refrigerator with an icemaker. Situated across from the TAC, residents can enjoy easy access to nearby attractions. Tenants are responsible for paying their own electric, gas, and wifi bills. Don't miss out on the opportunity to make 3/2 Penny Lane your new home sweet home in Ruston. Contact us today for more information and to schedule a tour!

Additional Details
Total Unit Count: 1
Last Updated: Updated 1 day ago
Contact Number: (318) 242-0003
Photos Floor Plans
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$2,000
617 W Mississippi Ave
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3 BR | Available Now
0.9 miles away
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 3/2 Penny Lane by bedroom type below.
3 Bedroom
Suggested income:
$43,000
per year
Rent report

3/2 Penny Lane Rent vs. Ruston Average

 3/2 Penny Lane      Ruston Average
3BR
$1,195
$1,241
$0
$450
$900
$1,350
$1,800

3/2 Penny Lane is asking 4% less than the average 3 bedroom apartment in Ruston.

If you upsized to an average priced Ruston 4 bedroom apartment, you would pay 22% more per month.

If you downsized to an average priced Ruston 2 bedroom apartment, you would pay 16% less per month.

3/2 Penny Lane provides 1% more square footage than the average Ruston 3 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
3/2 Penny Lane
3BR $1,195 $0.70 $3,585
Ruston Average
1BR $636 $1.00 $1,909
2BR $1,067 $1.20 $3,201
3BR $1,241 $0.80 $3,722
4BR $1,600 $0.80 $4,800

Availability in Ruston

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 25 2BR units on the market in Ruston. If you're looking to negotiate, this may be your best option.

1BR
2BR
3BR
4BR
17% 54% 26% 2%
Available Units in Ruston
1BR 8
2BR 25
3BR 12
4BR 1
Location
Nearby College

Louisiana Tech University

Nearby Hospitals
Name Distance
Northern Louisiana Medical Center 1.83 mi.
Green Clinic Surgical Hospital 1.94 mi.
Ruston Regional Specialty Hospital 2.06 mi.
Nearby Fire Stations
Name Distance
Ruston Fire Department 0.36 mi.
Ward Two Fire Protection Distrtict 0.36 mi.
Ruston Fire Department 1.95 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on July 10, 2025.
What's the square footage of the available units?
It's 1,598 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 3 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
3/2 Penny Lane has a 3 bedroom unit starting at $1,195.
Where is this property located?
This property is at 303 Penny Ln in Ruston, LA. It's 1.9 miles west from the center of Ruston.
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