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301 Penny Lane #1

Ruston, LA 71270 - Lincoln Parish

Condo

3 beds

2 baths

1,553 sqft

No pets

In-unit laundry

About 301 Penny Lane #1

Introducing the 3/2 Penny Lane condo located across from the TAC in the heart of Ruston, LA. This spacious unit features 3 bedrooms and 2 bathrooms, perfect for those seeking a comfortable living space. Enjoy the convenience of having a washer and dryer in the unit, as well as a dishwasher, microwave over range, and refrigerator with icemaker. Please note that tenants are responsible for paying for gas. Don't miss out on the opportunity to make this condo your new home sweet home. Contact us today to schedule a tour. You will pay electric, gas & wifi. Video says incorrect monthly rete. Rate is $1230 per month includes water. You pay electric & wifi. Amenities: 6 or 12 Month Lease, All Appliances Included, Refridgerator W/icemaker, Tenant pays GAS & Refridgerator With Icemaker.

3 days on RentalSource

RentalSource last checked: 20 hours ago · Listing updated: November 10, 2026

Managed by Lincoln Properties · (318) 242-0003

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Condo
Rental Fee:	$1,350
Bedrooms:	3 beds
Bathrooms:	2 baths
Size:	1,553 sqft

Pets:	No
Laundry:	In unit
Parking:	Inquire
Available:	November 16, 2026
ID:	84713333

Amenities

Washer/Dryer In Unit
Dishwasher
High-Speed Internet
Microwave
Refrigerator

Leasing Information

Fees

Deposit $1,300 (mandatory, refundable, move-in).

Additional Details

This 3-bedroom, 2-bathroom condo at 301 Penny Lane #1 in Ruston, LA 71270 rents for $1,350 a month. It has 1,553 square feet. 301 Penny Lane #1 was advertised by Lincoln Properties on November 10, 2026.

Rent History

This home was last listed for rent on RentalSource from March to April 2025, ending at $1,195. Today's rent is $155 higher.

Rent history for this home, newest first
Date	Event	Rent	Change
November 10, 2026	Listed for rent	$1,350+13.0%	+13.0%
April 4, 2025	Listing removed	$1,195

These are listed prices. What renters actually paid may have been different.

Affordability Calculator

Can I afford to live at 301 Penny Lane #1?

Bedrooms

3 bedrooms

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$54,000 /year

With your chosen rent-to-income ratio, an annual income of $54,000 is recommended to comfortably afford this 3-bedroom rental priced at $1,350 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Commute

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