6

Penn Valley, CA Houses for Rent

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  • /12

    $3,100 Per Month

    • 3 Beds
    • 2 Baths
    • 1,929 Sq Ft
    • House for Rent

    12061 Lake Wildwood Dr, Penn Valley, CA 95946

    Welcome home to this beautifully maintained 3-bedroom, 2-bath single-level residence located in a desirable gated community with panoramic golf course views. The spacious open floor plan features cathedral ceilings in the living room creating a bright and inviting atmosphere for everyday living and entertaining. There is also a formal dining room area. The kitchen is equipped with stainless

    12061 Lake Wildwood Dr, Penn Valley, CA 95946
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    $2,650 Per Month

    • 3 Beds
    • 2 Baths
    • 1,694 Sq Ft
    • House for Rent

    19009 Swallow Way, Penn Valley, CA 95946

    Charming 3-bedroom, 2-bath home in Lake Wildwood featuring a mix of carpet and wood floors throughout. The property includes central air, a whole-house fan, and propane service. The kitchen is equipped with a refrigerator and dishwasher. Additional highlights include a 2-car garage, washer/dryer hookups, a deck, and a separate shop space. Pets may be considered. Practical comforts and functional

    19009 Swallow Way, Penn Valley, CA 95946
  • /28

    $3,600 Per Month

    • 4 Beds
    • 3.5 Baths
    • 3,082 Sq Ft
    • House for Rent

    12126 Waxwing Ct, Penn Valley, CA 95946

    Large Lake Wildwood home, 3082 sq. ft. with 2 primary bedroom suites, each with its own private balcony. Large, remodeled kitchen with granite island and butcher block counter tops. This home offers a comfortable living room with large windows providing lots of natural light. Back wrap around deck with spa and lake views. Enjoy the breathtaking nature and native wildlife. 3 car garage and

    12126 Waxwing Ct, Penn Valley, CA 95946
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    $2,495 Per Month

    • 3 Beds
    • 2 Baths
    • 1,640 Sq Ft
    • House for Rent

    17909 Huckleberry Dr, Penn Valley, CA 95946

    ***** PENDING *****Lovely home in gated community of Lake Wildwood. Three bedroom, two bath with vaulted living room ceiling, woodstove, central heat and air, spacious kitchen with breakfast bar and dining area. Spacious guest bedrooms, master with slider to deck. Attached 2-car garage, low-maintenance yard with natural landscaping. NO PETS, NO SMOKING Contact Tammy for info, Lovely

    17909 Huckleberry Dr, Penn Valley, CA 95946
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    $2,350 Per Month

    • 3 Beds
    • 2 Baths
    • 1,372 Sq Ft
    • House for Rent

    20468 Chaparral Cir, Penn Valley, CA 95946

    Come see this charming single-level home offering comfort, character, and thoughtful care throughout its 1,372 square feet. This well-maintained 3-bedroom, 2-bath residence has an open floor plan filled with natural light and an easy flow layout. The living room features a wood stove as a second source of heat and vaulted ceiling. The primary bedroom offers direct walk-out access to the back

    20468 Chaparral Cir, Penn Valley, CA 95946
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    $3,500 Per Month

    • 3 Beds
    • 4 Baths
    • 4,000 Sq Ft
    • House for Rent

    18484 Chaparral Dr, Penn Valley, CA 95946

    Beautiful lake front furnished 4000 sq. ft. home in the gated community of Lake Wildwood, Penn Valley, CA 95946. Lake view from all rooms. Large living room with fireplace and wet bar. Kitchen with dinette area and a formal dining room, all wood flooring. Three bedrooms and 4 baths. Master bedroom suite has a fireplace, sitting room and a large dressing room. Entertainment room with air

    18484 Chaparral Dr, Penn Valley, CA 95946

Frequently Asked Questions

How much does it cost to rent a single-family home in Penn Valley, CA?
The median rent for a single-family home in Penn Valley, CA is $2,875 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Penn Valley, CA?
To comfortably afford the median rent in Penn Valley, CA, a household needs to earn roughly $115,000 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 $2,875 per month in Penn Valley, CA, renters typically need to show $8,625 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 Penn Valley, CA?
In Penn Valley, CA, the price-to-rent ratio is 14.6, 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.

Rental Home Trends

Number of Houses for Rent
6
Median Single Family Home Rent
$2,875
Median 3 Bedroom Single Family Home Rent
$2,650
Median 4 Bedroom Single Family Home Rent
$3,600
How to Rent a Home