Average Rent in Penn Valley, CA and Rent Price Trends

Rent trends in Penn Valley, CA

Average rent prices in Penn Valley have decreased by 11% over the last month and have decreased by 32% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Penn Valley, CA

Rent prices in Penn Valley vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Penn Valley is $1,495, whereas a house costs $2,350. 1-bedroom apartments in Penn Valley run $1,400 on average, while 2-bedroom apartments are $1,500.


Studio	$1,300	-	-
1 bedroom	$1,400	17%	7%
2 bedroom	$1,826	13%	14%
3 bedroom	$2,650	9%	7%
4 bedroom	$2,800	10%	10%


Apartments	$1,495	3%	No Change
Condos	$1,599	-	No Change
Houses	$2,350	6%	No Change

Studio

Average rent

$1,300

1 bedroom

Average rent

$1,400

Last 30 days

17%

Last year

2 bedroom

Average rent

$1,826

Last 30 days

13%

Last year

14%

3 bedroom

Average rent

$2,650

Last 30 days

Last year

4 bedroom

Average rent

$2,800

Last 30 days

10%

Last year

10%

The table above reflects average rent prices in Penn Valley, CA, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Penn Valley, CA compare to other cities?

Compare median rent prices in Penn Valley and Colfax by all bedroom counts and property types.

Penn Valley

Median rent price$1,800

lower than the national median

Median rent price$1,999

higher than the national median

Takeaway

The median rent for all rentals in Penn Valley, CA is 10% lower than the median rent in Colfax, CA.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,999

$1,962

$1,350

$2,600

$2,195

$1,572

$1,297

$2,447

$2,395

$2,495

$2,500

$1,495

Discover rentals in Penn Valley, CA

5d+ ago

House for rent in Penn Valley

18212 Hummingbird Dr, Penn Valley, CA 95946

4 beds

3 baths

$2,400

House for rent

Available May 1

5d+ ago

House for rent in Penn Valley

12126 Waxwing Ct, Penn Valley, CA 95946

4 beds

3.5 baths

$3,600

House for rent

Stay up to date with rental market insights

National Rent Report

Canadian Rent Report

Annual Rent Report

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Frequently asked questions for Penn Valley, CA

Quick answers to common questions about the Penn Valley rental market.

How much is rent in Penn Valley?

The average rent in Penn Valley is $1,800 per month as of June 13, 2026.

Is rent up or down in Penn Valley?

Average rent prices in Penn Valley have decreased by 11% over the last month and have decreased by 32% since last year.

How does Penn Valley rent compare to the national average?

Rent in Penn Valley is 8% below the national average, which means renters are paying approximately $150 less per month.

What salary do I need to afford rent in Penn Valley?

To comfortably afford rent in Penn Valley, you'd need to earn approximately $72,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).