Home / Monroe, LA Area Apartments / Ruston / 3/2 Penny Lane
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Updated 4 minutes ago

3/2 Penny Lane


301 Penny Ln Ruston, LA

2 - 3 Bed
2 Bath

1,198 - 1,553 Sq. Ft.

Available Now
2 Beds • 2 Bath
$1,100 - $1,125
1198 ft2
4 Available
Managed By: Lincoln Properties
209-2
$1,100
Available Now
View
211-7
$1,100
Available Now
View
307-3
$1,125
Available May 7th, 2025
View
303-7
$1,100
Available Jun 10th, 2025
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View Rented Units
3 Beds • 2 Bath
$1,195
1553 ft2
1 Available
Managed By: Lincoln Properties
301-1
$1,195
Available Now
View
View Rented Units
3 Beds • 2 Bath
$1,230
1500 ft2
1 Available
Managed By: Lincoln Properties
215-1
$1,230
Available Apr 7th, 2025
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Property details
Description

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!

Additional Details
Total Unit Count: 1
Last Updated: Updated 4 minutes ago
Contact Number: (318) 242-0003
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 3/2 Penny Lane by bedroom type below.
3 Bedroom
Suggested income:
$43,000
per year
Rent report

3/2 Penny Lane Rent vs. Ruston Average

 3/2 Penny Lane      Ruston Average
3BR
$1,195
$1,241
$0
$450
$900
$1,350
$1,800

3/2 Penny Lane is asking 4% less than the average 3 bedroom apartment in Ruston.

If you upsized to an average priced Ruston 4 bedroom apartment, you would pay 22% more per month.

If you downsized to an average priced Ruston 2 bedroom apartment, you would pay 16% less per month.

3/2 Penny Lane provides 2% less square footage than the average Ruston 3 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
3/2 Penny Lane
3BR $1,195 $0.80 $3,585
Ruston Average
1BR $636 $1.00 $1,909
2BR $1,067 $1.20 $3,201
3BR $1,241 $0.80 $3,722
4BR $1,600 $0.80 $4,800

Availability in Ruston

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 25 2BR units on the market in Ruston. If you're looking to negotiate, this may be your best option.

1BR
2BR
3BR
4BR
17% 54% 26% 2%
Available Units in Ruston
1BR 8
2BR 25
3BR 12
4BR 1
Location
Nearby College
Nearby Hospitals
Name Distance
Northern Louisiana Medical Center 1.83 mi.
Green Clinic Surgical Hospital 1.94 mi.
Ruston Regional Specialty Hospital 2.06 mi.
Nearby Fire Stations
Name Distance
Ruston Fire Department 0.36 mi.
Ward Two Fire Protection Distrtict 0.36 mi.
Ruston Fire Department 1.95 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 1,553 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 3 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
3/2 Penny Lane has a 3 bedroom unit starting at $1,195.
Where is this property located?
This property is at 301 Penny Ln in Ruston, LA. It's 1.9 miles west from the center of Ruston.
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