Average Rent in Penn Valley, CA and Rent Price Trends

Rent trends in Penn Valley, CA

Average rent prices in Penn Valley have increased by 8% over the last month and have decreased by 14% 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 $1,545, whereas a house costs $2,495. 1-bedroom apartments in Penn Valley run $1,400 on average, while 2-bedroom apartments are $1,595.


Studio	$1,350	-	-
1 bedroom	$1,397	12%	20%
2 bedroom	$2,100	No Change	17%
3 bedroom	$2,499	17%	6%
4 bedroom	$2,700	11%	2%


Apartments	$1,545	3%	No Change
Condos	$1,800	-	No Change
Houses	$2,495	6%	No Change

Studio

Average rent

$1,350

1 bedroom

Average rent

$1,397

Last 30 days

12%

Last year

20%

2 bedroom

Average rent

$2,100

Last year

17%

3 bedroom

Average rent

$2,499

Last 30 days

17%

Last year

4 bedroom

Average rent

$2,700

Last 30 days

11%

Last year

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$2,400

24%

higher than the national median

Median rent price$2,250

16%

higher than the national median

Takeaway

The median rent for all rentals in Penn Valley, CA is 7% higher than the median rent in Colfax, CA.

Average rent in nearby cities

Explore rent trends in neighboring markets

$2,250

$1,900

$1,400

$2,995

$2,147

$1,450

$1,295

$2,250

$3,095

$2,100

$1,967

$1,450

Discover rentals in Penn Valley, CA

5d+ ago

House for rent in Penn Valley

20468 Chaparral Circle - 1

20468 Chaparral Cir #1, Penn Valley, CA 95946

3 beds

2 baths

$2,350

House for rent

Available Jul 9

Stay up to date with rental market insights

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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 $2,400 per month as of August 1, 2026.

Is rent up or down in Penn Valley?

Average rent prices in Penn Valley have increased by 8% over the last month and have decreased by 14% since last year.

How does Penn Valley rent compare to the national average?

Rent in Penn Valley is 24% above the national average, which means renters are paying approximately $460 more 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 $96,000/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).