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Penny Lane scores highly across various metrics, achieving a standout expert rating of 9 out of 10 and an impressive price rating of 10, reflecting its value for money. It features notable amenities, including on-site laundry and a private fenced patio, while its location offers easy access to local restaurants, shopping, and top-rated schools. Overall, Penny Lane is a quality choice for renters seeking a convenient and well-appointed living experience.
Things you’ll love
Elementary school nearbyMiddle school nearbyLaundry available on siteGreat for
Pet owners| 1BR/1.0BA | 1 bed | 1 bath | 564 sqft | $950 /mo | 1 unit available | Great North/Central Austin location off Burnet Road near Hwy 183. Near to local restaurants and shopping, and conveniently located on Capital Metro Bus Route. Spacious one-bedroom apartment in quiet complex with tile countertops and no carpet. On-Site Laundry Facilities Ready for move in ASAP. 2 weeks free rent for qualified applicants on a 12 month lease |
Let's explore this property.
Apartment Amenities
| Walk-in Closet |
Building
| Onsite Laundry |
Other
| First Floor Unit |
One-time.
One-time. Refundable.
| Units | 20 |
|---|
Great North/Central Austin location off Burnet Road near Hwy 183. Near to local restaurants and shopping, and conveniently located on Capital Metro Bus Route. Spacious one-bedroom apartment in quiet complex with tile countertops and no carpet. On-Site Laundry Facilities Ready for move in ASAP. 2 weeks free rent for qualified applicants on a 12 month lease
How Penny Lane compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at Penny Lane cost about 20% less than the average rent price for 1-bedroom apartments in North Shoal Creek.
| Month | Median Rent |
|---|---|
| February 2024 | $1,438 |
| March 2024 | $1,495 |
| April 2024 | $1,500 |
| May 2024 | $1,504 |
| June 2024 | $1,520 |
| July 2024 | $1,502 |
| August 2024 | $1,521 |
| September 2024 | $1,582 |
| October 2024 | $1,596 |
| November 2024 | $1,576 |
| December 2024 | $1,569 |
| January 2025 | $1,582 |
| February 2025 | $1,576 |
| March 2025 | $1,582 |
| April 2025 | $1,601 |
| May 2025 | $1,583 |
| June 2025 | $1,582 |
| July 2025 | $1,574 |
| August 2025 | $1,579 |
| September 2025 | $1,582 |
| October 2025 | $1,582 |
| November 2025 | $1,584 |
| December 2025 | $1,585 |
| January 2026 | $1,584 |
| Month | Median Rent |
|---|---|
| February 2024 | $1,050 |
| March 2024 | $1,050 |
| April 2024 | $1,065 |
| May 2024 | $950 |
| June 2024 | $1,150 |
| July 2024 | $950 |
| August 2024 | $950 |
| October 2024 | $1,050 |
| November 2024 | $1,000 |
| December 2024 | $950 |
| January 2025 | $1,030 |
| February 2025 | $1,035 |
| March 2025 | $1,035 |
| April 2025 | $1,017 |
| May 2025 | $1,020 |
| June 2025 | $1,025 |
| July 2025 | $1,034 |
| August 2025 | $1,004 |
| September 2025 | $1,002 |
| October 2025 | $1,034 |
| November 2025 | $1,167 |
| December 2025 | $1,067 |
| January 2026 | $1,048 |
Can I afford to live at 2602 Penny Ln?
Bedrooms
1 bedroomRent-to-income ratio
30%
$38,000/yr
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