5+ Days Ago
Highlights
- Washer/dryer
- Contemporary living
- Blinds installed
- Fenced yard
Location
116 Penny Ln, Valparaiso, FL 32580, USA|Valparaiso
Tour 116 Penny Ln
Contact
Cornerstone Realty NWF, LLC
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Renter hub
Property management
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Amenities for 116 Penny Ln, Valparaiso
Community
| Dogs OK |
Grounds
| Outdoor Space | Yard (Fenced) |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Limit1
Cat Policy
Not allowed
Questions about this property’s policies and fees?
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About 116 Penny Ln
Move In Ready in Valparaiso, FL within 2 miles of the gates at Eglin AFB— a bright two-bedroom, two-bath home featuring modern finishes and practical appliances. The kitchen includes a refrigerator, gas stove/oven, microwave, and dishwasher for everyday convenience. A fenced yard provides an outdoor space for activities and privacy. This newly built property offers contemporary living with straightforward, functional amenities which also include washer/dryer AS iS .Small dogs considered on case by case basis. No Smoking or Vaping allowed. This unit does have blinds installed.
116 Penny Ln is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 116 Penny Ln compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.3 mile away
- Images Available
- There are at least 10 photos of this address
- Outdoor space
- Easy access to the outdoors
Address details
| Neighborhood | Valparaiso |
|---|---|
| Zip code | 32580 |
| Type | House for rent |
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Rent trends in Valparaiso
2-bedroom apartments at 116 Penny Ln cost about 31% more than the average rent price for 2-bedroom apartments in Valparaiso.
Median rents as of Mar 28 2026.
Valparaiso
Valparaiso
| Month | Median Rent |
|---|---|
| April 2024 | $1,770 |
| May 2024 | $1,505 |
| June 2024 | $1,395 |
| August 2024 | $1,595 |
| September 2024 | $1,559 |
| October 2024 | $1,593 |
| November 2024 | $1,748 |
| December 2024 | $1,597 |
| January 2025 | $1,560 |
| February 2025 | $1,406 |
| March 2025 | $1,293 |
| April 2025 | $1,346 |
| May 2025 | $1,628 |
| June 2025 | $1,395 |
| July 2025 | $1,517 |
| August 2025 | $1,764 |
| September 2025 | $1,815 |
| October 2025 | $1,714 |
| November 2025 | $1,772 |
| December 2025 | $1,789 |
| January 2026 | $1,745 |
| February 2026 | $1,685 |
| March 2026 | $1,475 |
| Month | Median Rent |
|---|---|
| April 2024 | $1,770 |
| May 2024 | $1,505 |
| June 2024 | $1,395 |
| September 2024 | $1,559 |
| October 2024 | $1,593 |
| November 2024 | $1,823 |
| December 2024 | $1,695 |
| April 2025 | $1,232 |
| May 2025 | $1,200 |
| June 2025 | $1,395 |
| July 2025 | $1,395 |
| August 2025 | $1,714 |
| September 2025 | $1,747 |
| October 2025 | $1,660 |
| November 2025 | $1,749 |
| December 2025 | $1,750 |
| January 2026 | $1,700 |
| February 2026 | $1,628 |
| March 2026 | $1,512 |
Affordability calculator
Can I afford to live at 116 Penny Ln?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$84,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $84,000 annually to afford this 2-bedrooms monthly rent price of $2,100.
For more information on rent affordability, visit our rent calculator.
Schools near 116 Penny Ln
Okaloosa STEMM Academy
379 edge ave
valparaiso, FL, 32580
PK, 6-8Public
A
Lewis School
281 mississippi ave
valparaiso, FL, 32580
PK, K-8Public
B+
Okaloosa Virtual Instruction Program
202a hwy 85 n
niceville, FL, 32578
K-12Public
Northwest Florida Ballet Academie
310 perry ave se
fort walton beach, FL, 32548
3-9Public
A-
Silver Sands School
349 holmes blvd nw
fort walton beach, FL, 32548
PK, K-12Public
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Internet available near 116 Penny Ln
Getting around Valparaiso near 116 Penny Ln
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 116 Penny Ln, Valparaiso
Groceries
0/10
Closest supermarket further than a 30-minute walk
Shopping
2/10
Some shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Nightlife
3/10
Some bars within walking distance
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