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Penn Valley, CA Houses for Rent

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  • 18484 Chaparral Dr, Penn Valley, CA 95946
    18484 Chaparral Dr, Penn Valley, CA 95946
    18484 Chaparral Dr, Penn Valley, CA 95946
    /21

    $3,500 Per Month

    • 3 Beds
    • 4 Baths
    • 4,000 Sq Ft
    • Lake Front Furnished Home, 3 bed, 4 bath in Lake Wildwood, Penn Valley, CA

    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
  • 12126 Waxwing Ct, Penn Valley, CA 95946
    12126 Waxwing Ct, Penn Valley, CA 95946
    12126 Waxwing Ct, Penn Valley, CA 95946
    /28

    $3,600 Per Month

    • 4 Beds
    • 3.5 Baths
    • 3,082 Sq Ft
    • Large 4-bedroom Remodeled home in Lake Wildwood, Penn Valley, CA 95946

    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
  • 14382 Sun Forest Dr, Penn Valley, CA 95946
    14382 Sun Forest Dr, Penn Valley, CA 95946
    14382 Sun Forest Dr, Penn Valley, CA 95946
    /21

    $1,200 Per Month

    • 1 Bed
    • 1 Bath
    • House for Rent

    14382 Sun Forest Dr, Penn Valley, CA 95946

    Renovated 1-bedroom/studio with full bathroom. Utilities and trash included. This unit is located below an existing residence in Lake Wildwood and has its own private entrance. It is clean and ready to go. New carpet and paint. The location is quiet and peaceful. You can enjoy the back patio and fenced yard and take in the pleasant view. Tenant to obtain their own PO box. Offered at:

    14382 Sun Forest Dr, Penn Valley, CA 95946
California Nevada County Penn Valley

Houses for Rent in Penn Valley, CA

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 $2,675 per month, though prices vary by neighborhood, size, and property type. As of July 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 $107,000 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 $2,675 per month in Penn Valley, CA, renters typically need to show $8,025 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 15.7, 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 in Penn Valley, CA

There are currently 3 single-family homes available for rent in Penn Valley, CA. The median rent is $2,675 per month, with 3-bedroom houses renting at $3,500 and 4-bedroom houses at $2,950.

Rental Home Trends

Number of Houses for Rent
3
Median Single Family Home Rent
$2,675
Median 3 Bedroom Single Family Home Rent
$3,500
Median 4 Bedroom Single Family Home Rent
$2,950
How to Rent a Home

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