Apartments in Penn Valley
Apartments near Penn Valley, CA
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How many apartments are available in Penn Valley, CA on Rentable.co?
Rentable.co has over 115 apartments available in Penn Valley.
Rentable.co has over 115 apartments available in Penn Valley.
Welcome to the June 2025 Penn Valley Apartment Report. In this assessment of the local rental market, data scientists and rental experts break down the June 2025 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.
Penn Valley rent prices increased over the last month. From May to June, the city experienced a 4.51% increase for the price of a one-bedroom apartment. The rent price for a Penn Valley one-bedroom apartments currently stands at $1,275.0.
When we take a look at the two-bedroom comparison from May to June, Penn Valley experienced a 22.01% increase for the price of a two-bedroom apartment. The rent price for a Penn Valley two-bedroom apartments currently stands at $2,312.0.
Rent prices have increased 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.
Rent growth in Penn Valley over the past year has been on the rise. 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.
1 BR June | 1 BR M/M % Change | 2 BR June | 2 BR M/M % Change |
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Each month, using over 1 million 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.