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303 Penny Ln
303 Penny Ln, Ruston, LA 71270, USA

Condo for rent
Monthly rent
$1,200–$1,295
Beds2–3
Baths2
Sqft1,198–1,553
modified
5+ Days Ago

Highlights

  • wifi
  • dishwasher
  • prime location
  • washer and dryer

Units

303 Penny Ln Ruston, LA

New Listing

2 Beds, 2 Baths

2 Beds

2 Baths

$1,200

Listed on 12/03/2025
Listed by 2 bedroom/2 bath condo across from the TAC
Days on market: 8
Introducing a modern 2 bedroom/2 bath condo located in Ruston, LA. This condo features convenient amenities such as a washer/dryer in unit, dishwasher, microwave over range, central air and heat, and a refrigerator with icemaker. Situated across from the TAC, this condo offers a prime location for easy access to nearby attractions and amenities. Don't miss out on the opportunity to make this stylish and functional condo your new home. Contact us today for more information and to schedule a tour.

Available

3 Beds, 2 Baths

3 Beds

2 Baths

$1,295

Listed on 11/04/2025
Listed by 3 br 2 ba Penny Lane
Days on market: 36
Welcome to the 3/2 Penny Lane Condo, a delightful residence located in the heart of Ruston, LA. This condo boasts three spacious bedrooms and two full bathrooms, offering ample space for comfortable living. The kitchen is a chef's dream, equipped with modern amenities such as a dishwasher, a microwave over the range, and a refrigerator with an icemaker. The convenience doesn't stop there, as the condo also includes a washer and dryer, making laundry day a breeze. The condo also features central air conditioning and heating (CA/CH) to ensure your comfort all year round. One of the most appealing aspects of this condo is its prime location, situated directly across from the TAC. Experience the best of Ruston living at the 3/2 Penny Lane Condo. Water is included in rent, & You pay electricity, gas & wifi.

Amenities for 303 Penny Ln

Some units at this address have these amenities. View unit details for more information.

Unit Amenities
  • Dishwasher
  • Air Conditioning
  • In-Unit Laundry

Policies at 303 Penny Ln

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

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About 303 Penny Ln

HomeApartments in Ruston 303 Penny Lane, Ruston, Louisiana 71270, United States

Check out 303 Penny Ln in Ruston, LA, a charming property offering 2 units with 2-3 bedroom options, ranging from 1198 to 1553 square feet. Located near top-rated schools, including an A- or higher rated elementary and high school, this property boasts a prime location. Enjoy modern amenities such as WiFi, central air and heat, and convenient in-unit washer and dryer. Additional perks include a dishwasher and easy access to all you need. With a focus on long-term rentals, this property is perfect for those looking for a stable and comfortable living situation. Sorry, no pets allowed. Come see what this property has to offer!

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Address details

Units2
Units available2
City
Zip code71270

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 303 Penny Ln, Ruston, LA 71270, USA compares to other nearby properties.

Positives

High school nearby
There is a high school 1 mile away
More space
The 2-bedroom is 358 sqft larger than other listings nearby
More space
The 3-bedroom is 263 sqft larger than other listings nearby
Images available
There are at least 10 photos of this address

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away

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Rent trends in Ruston

If you decide to upgrade your space, you can expect 2-bedrooms at 303 Penny Lane to be 60% more than the average for similarly sized apartments in Ruston.

3-bedroom apartments at 303 Penny Lane cost about 18% more than the average rent price for 3-bedroom apartments in Ruston.

Median rents as of Jul 13 2024.
Ruston
A table of studio rental data trends in Ruston
MonthMedian Rent
December 2023$800
January 2024$775
February 2024$787
March 2024$800
April 2024$950
May 2024$1,000
June 2024$800
July 2024$1,000

Affordability calculator

Can I afford to live at 303 Penny Ln?

Bedrooms

Rent-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

$48,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $48,000 annually to afford this 2-bedrooms monthly rent price of $1,200.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 303 Penny Lane, Ruston, LA.
6 months ago$1,1953 bed2 bath
7 months ago$1,1002 bed2 bath
9 months ago$1,1002 bed2 bath
1 year ago$1,1953 bed2 bath

Schools near 303 Penny Lane

Cypress Springs Elementary School

1040 saratoga st

ruston, LA, 71270

3-5Public
B+

Glen View Elementary School

1601 bittersweet

ruston, LA, 71270

K-2Public
A
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Getting around Ruston near 303 Penny Ln

Walking

3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

4/10
This is semi-bikeable, but you’ll need another way of getting around.

Points of interest for 303 Penny Ln, Ruston

Groceries

1/10
No grocery stores within walking distance

Shopping

5/10
Some shops within walking distance

Cafes

4/10
Few or no cafés within walking distance

Restaurants

4/10
Some restaurants within walking distance

Primary schools

5/10
At least one elementary school within a 30-minute walk

High schools

4/10
No high schools within a 30-minute walk

Nightlife

2/10
Few or no bars within walking distance

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