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Penitas, TX Homes for Rent

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  • /18

    $1,450 Per Month

    • 2 Beds
    • 2 Baths
    • 984 Sq Ft
    • House for Rent

    1510 Arboledas Dr, Penitas, TX 78576

    For Rent – Fully Furnished Home in Peñitas! Enjoy comfort and convenience in this beautifully maintained, fully furnished 2-bedroom, 1-bathroom home, ideally located just minutes from the Expressway. Thoughtfully decorated and move-in ready, this property offers everything you need for comfortable living. Features include two spacious bedrooms, a full bathroom, a 1-car garage, and a fully

    Agent Photo

    Angela Navarrete

    Keller Williams Realty Rgv

    1510 Arboledas Dr, Penitas, TX 78576
  • /11

    $720 Per Month

    • 2 Beds
    • 1 Bath
    • 700 Sq Ft
    • Apartment for Rent

    17002 Queen Palm Dr Unit A, Penitas, TX 78576

    Move-in ready apartment located in the gated Pueblo de Palmas subdivision. Enjoy the perfect blend of comfort and outdoor living with a spacious yard and included stove and refrigerator. This home offers peace and privacy while still being conveniently located just 12 minutes from the expressway and 1 minute south of 107 Rd, providing easy access to main roads, shopping, and dining. June

    Ruby Diaz Imperio Real Estate Llc

    17002 Queen Palm Dr Unit A, Penitas, TX 78576
  • /11

    $720 Per Month

    • 2 Beds
    • 1 Bath
    • 700 Sq Ft
    • Apartment for Rent

    17002 Queen Palm Dr Unit B, Penitas, TX 78576

    Move-in ready apartment located in the gated Pueblo de Palmas subdivision. Enjoy the perfect blend of comfort and outdoor living with a spacious yard and included stove and refrigerator. This home offers peace and privacy while still being conveniently located just 12 minutes from the expressway and 1 minute south of 107 Rd, providing easy access to main roads, shopping, and dining. June

    Ruby Diaz Imperio Real Estate Llc

    17002 Queen Palm Dr Unit B, Penitas, TX 78576
  • /9

    $760 Per Month

    • 2 Beds
    • 1 Bath
    • 700 Sq Ft
    • Apartment for Rent

    17002 Queen Palm Dr Unit C, Penitas, TX 78576

    Move-in ready apartment located in the gated Pueblo de Palmas subdivision. Enjoy the perfect blend of comfort and outdoor living with a spacious yard and included stove and refrigerator. This home offers peace and privacy while still being conveniently located just 12 minutes from the expressway and 1 minute south of 107 Rd, providing easy access to main roads, shopping, and dining. June

    Ruby Diaz Imperio Real Estate Llc

    17002 Queen Palm Dr Unit C, Penitas, TX 78576

Why Live in Penitas

Penitas, Texas, is a growing suburban community located along the Rio Grande in the South Texas Plains. Known for its strong Latinx culture, Penitas offers a blend of suburban living with access to larger city amenities. The area is experiencing development with the expansion of major thoroughfares like Interstate 2 and Expressway 83, bringing new businesses and investment opportunities. Homes in Penitas often feature neo-traditional styles with Spanish influences, including stone and stucco exteriors and spacious layouts, set on generous lot sizes averaging half an acre. The La Joya Independent School District serves the area, providing students with strong academic programs and extracurricular activities. Penitas City Park is a central recreational hub, complemented by attractions such as Quinta Las 4 Lunas Waterpark and the La Joya ISD Aquatic Center. The Las Palomas Wildlife Management Area offers nature preserves and seasonal hunting. Commerce is thriving along Expressway 83, with a mix of mom-and-pop shops and fast-food chains, alongside a vibrant food truck scene at The Picnic at Penitas. Cultural events, including the Penitas White Wing Festival, celebrate the community's heritage. Major roads connect Penitas to nearby cities like Mission and McAllen, with McAllen International Airport just 16 miles away, providing convenient travel options.

Frequently Asked Questions

How much does it cost to rent a home in Penitas, TX?
The median rent for a home in Penitas, TX is $760 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Penitas, TX?
To comfortably afford the median rent in Penitas, TX, a household needs to earn roughly $30,400 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $760 per month in Penitas, TX, renters typically need to show $2,280 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Penitas, TX?
In Penitas, TX, the price-to-rent ratio is 26.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Penitas, TX are best for renting a home?
The best neighborhood for renting in Penitas, TX depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Abram-Perezville and La Homa, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$760
Median Single Family Home Rent
$1,525
Median Condo Rent
$720
How to Rent a Home