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Penn Mar Ave 3850 is a highly rated option with an overall expert score of 8.6/10, highlighted by excellent amenities, location, quality, and trustworthiness ratings of 8–9/10. It offers strong value for money and competitive price-per-square-foot compared to other properties in the area, and its location provides convenient access to a top-rated high school less than half a mile away.
Things you’ll love
| 2BR/1.0BA | 2 bed | 1 bath | 552 sqft | $1,560 /mo | 2 units available | Ramona Property Managers complies with all Fair Housing laws and does not discriminate based on any protected class. Reasonable accommodations are available upon request. PROGRAM REQUIREMENTS: Maximum annual income limits (subject to HUD guidelines): • 3-person household: up to $68,150 • 4-person household: up to $75,750 • 5-person household: up to $81,800 Rent is set in accordance with HOME Program limits and includes a utility allowance where applicable. Additional eligibility criteria apply in accordance with program requirements. WHO CAN APPLY? Households that meet HOME Program income and eligibility requirements. Household size, income limits, and additional qualifications apply. We encourage applications from all qualified individuals, including persons with disabilities and members of underserved communities. Full eligibility criteria and current limits are available upon request. HOW TO APPLY: • Complete an application online or in person • Submit required documentation • Applications are reviewed in the order received, subject to program requirements. |
Let's explore this property.
Apartment Amenities
| Trash | Water |
Appliances
| Range | Refrigerator |
| Stove |
Building
| Onsite Laundry |
Grounds
| Off-Street Parking |
One-time.
One-time. Refundable.
No pets allowed.
Questions about this property’s policies and fees?
| Units | 18 |
|---|
Ramona Property Managers complies with all Fair Housing laws and does not discriminate based on any protected class. Reasonable accommodations are available upon request. PROGRAM REQUIREMENTS: Maximum annual income limits (subject to HUD guidelines): • 3-person household: up to $68,150 • 4-person household: up to $75,750 • 5-person household: up to $81,800 Rent is set in accordance with HOME Program limits and includes a utility allowance where applicable. Additional eligibility criteria apply in accordance with program requirements. WHO CAN APPLY? Households that meet HOME Program income and eligibility requirements. Household size, income limits, and additional qualifications apply. We encourage applications from all qualified individuals, including persons with disabilities and members of underserved communities. Full eligibility criteria and current limits are available upon request. HOW TO APPLY: • Complete an application online or in person • Submit required documentation • Applications are reviewed in the order received, subject to program requirements.
How Penn Mar Ave 3850 compares to other nearby properties.
Positives
Considerations
2-bedroom apartments at Penn Mar Ave 3850 cost about 32% less than the average rent price for 2-bedroom apartments in River East.
| Month | Median Rent |
|---|---|
| June 2024 | $1,650 |
| July 2024 | $1,710 |
| August 2024 | $1,728 |
| September 2024 | $1,713 |
| October 2024 | $1,710 |
| November 2024 | $1,655 |
| December 2024 | $1,689 |
| January 2025 | $1,695 |
| February 2025 | $1,796 |
| March 2025 | $1,757 |
| April 2025 | $1,793 |
| May 2025 | $1,805 |
| June 2025 | $1,804 |
| July 2025 | $1,778 |
| August 2025 | $1,789 |
| September 2025 | $1,795 |
| October 2025 | $1,776 |
| November 2025 | $1,756 |
| December 2025 | $1,750 |
| January 2026 | $1,726 |
| February 2026 | $1,735 |
| March 2026 | $1,795 |
| April 2026 | $1,754 |
| May 2026 | $1,749 |
| June 2026 | $1,795 |
| Month | Median Rent |
|---|---|
| July 2025 | $1,706 |
| October 2025 | $1,424 |
| December 2025 | $1,721 |
| January 2026 | $1,688 |
| February 2026 | $1,653 |
| May 2026 | $1,692 |
| June 2026 | $1,800 |
Can I afford to live at 3850 Penn Mar Ave?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$62,400/yr
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