Homes For Rent in Penn Valley, CA

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What to Know About

Life in Penn Valley & Beyond

Penn Valley shares many of the great qualities that make California a desirable place to live.

California is the most populous state in the United States and is home to some of the world's most iconic cities, such as Los Angeles, San Diego, and San Francisco. It's known for its thriving economy and diverse landscapes, including beaches, deserts, and mountains. Immerse yourself in the state's history and traditions by visiting museums like the California Science Center and the Getty Center or attending worldwide renowned universities like Stanford University and the University of California, Berkeley.

There are also many outdoor recreation opportunities in the state, such as skiing in the Sierra Nevada Mountains, surfing along the Pacific Coast, and hiking in Yosemite National Park. There's something for everyone. Sports fans can enjoy cheering on the San Francisco 49ers (NFL), Los Angeles Kings (NHL), Los Angeles Dodgers (MLB), San Francisco Giants (MLB), Los Angeles Lakers (NBA), or Golden State Warriors (NBA). Also, check out famous attractions like the Golden Gate Bridge, Alcatraz Island, Disneyland, Hollywood, the historic city of San Francisco, and the mecca of Los Angeles.

With its warm and inviting climate, thriving economy, and high quality of life, Embrace the Golden State and discover why California is a great place to live.

Rental Market Trends

Nevada County, CA

As of March 2025, Nevada County's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Nevada County's average rent is 9.7% ($241) lower than the California average of $2,482 and 25.3% ($453) higher than the U.S. average of $1,788.

Average Rent
$2,241
Monthly ChangeMonth Over Month Change
Decreased1.9% ($44)
Yearly ChangeYear Over Year Change
Increased2.1% ($46)
Avg. Days on MarketAverage Days on Market
35
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,627 Decreased10.3% ($186) Increased26.8% ($344)
2 Beds $2,377 Decreased1.6% ($39) Increased17.7% ($358)
3 Beds $2,743 Decreased2.7% ($76) Increased5.4% ($140)
Cities within Nevada County Average Rent Avg. Rent vs. NevadaAverage Rent vs. Nevada County Avg. Days on MarketAverage Days on Market
Grass Valley $2,074 Decreased7.5% ($167) 39 days
Truckee $3,856 Increased72.1% ($1615) 37 days
Nevada City $2,493 Increased11.2% ($252) 38 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Nevada County Rental Market FAQs

Explore rental prices, market trends, and availability in Nevada County, CA.

The average rent in Nevada County, CA is $2,241 per month.
Homes in Nevada County typically rent for between $1,139 and $3,566 per month, with an average of $2,241 per month.
In Nevada County, the average rent for a 1-bedroom home is $1,627 per month, for a 2-bedroom home, $2,377 per month, and a 3-bedroom home is $2,743 per month.
The average rent in Nevada County is 25.3% ($453) higher than the national average of $1,788 per month.
The average rent in Nevada County has decreased by 1.9% ($44) in the last month and increased by 2.1% ($46) over the past year.
The rental market in Nevada County, CA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Nevada County, CA, the average rental stays on the market for approximately 35 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 52 rental properties available in Nevada County, CA.
Based on the current averages, a household would need an annual income of $95,080 to comfortably afford a 2-bedroom home in Nevada County.
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