Last updated on November 4, 2026

Average rent in
Penn Valley, CA

Median rent

Median rent in Penn Valley

$2,400/mo

decreased by4%

vs previous year

The average rent in Penn Valley is $2,400 per month as of October 2026. This is 26% above the national average rent, or $500 more per month.

$1.65

average price per square foot

Total rentals

Available rentals in Penn Valley

18

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Penn Valley rentals at each price point

75%56%38%19%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Penn Valley, CA

Average rent prices in Penn Valley have decreased by 1% over the last month and have decreased by 4% 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 $1,400, whereas a house costs $2,650. 1-bedroom apartments in Penn Valley run $1,200 on average, while 2-bedroom apartments are $1,600.

Listings

Studio

$1,250

No Change

14%

1 bedroom

$1,250

No Change

11%

2 bedroom

$1,800

10%

16%

3 bedroom

$2,650

No Change

2%

4 bedroom

$2,550

No Change

10%

Studio

Average rent

$1,250

Last year

14%

1 bedroom

Average rent

$1,250

Last year

11%

2 bedroom

Average rent

$1,800

Last 30 days

10%

Last year

16%

3 bedroom

Average rent

$2,650

Last year

2%

4 bedroom

Average rent

$2,550

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$2,400
increased by26%

higher than the national median

Median rent price$1,910
increased by1%

higher than the national median

Takeaway

The median rent for all rentals in Penn Valley, CA is 26% higher than the median rent in Colfax, CA.

Discover rentals in Penn Valley, CA

11722 Pleasant Valley Rd #1 - Photo 1 of 1

1d ago

House for rent in Penn Valley

11722 Pleasant Valley Rd #1, Penn Valley, CA 95946

2 beds

1 bath

$2,395

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
17842 Foxtail Dr - Photo 1 of 1

2d ago

House for rent in Penn Valley

3 beds

3 baths

$2,500

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
17836 Minnow Way - Photo 1 of 1

2d ago

House for rent in Penn Valley

3 beds

2 baths

$2,500

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
18862 Meadowlark Ct - Photo 1 of 1

5d+ ago

House for rent in Penn Valley

3 beds

2 baths

$2,800

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

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 October 31, 2026.

Is rent up or down in Penn Valley?

Average rent prices in Penn Valley have decreased by 1% over the last month and have decreased by 4% since last year.

How does Penn Valley rent compare to the national average?

Rent in Penn Valley is 26% above the national average, which means renters are paying approximately $500 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).

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