Penny Lane Condos – photo 1
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Penny Lane Condos

📍 303 Penny Lane, Ruston, LA 71270

Monthly Rent

$450 – $5,000

Bedrooms

2 bd

Bathrooms

2 ba

Sq Feet

1198 sq ft

Updated 10 days ago

🎥 Virtual Tour

Watch a walk-around of this home, right here on this page.

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📋 Property Overview

Penny Lane Condos, in Ruston, Louisiana, has 2 bd, 2 ba. The floor plan measures 1198 sq ft. Rents run from $450 to $5,000 a month. Features in the home include microwave, refrigerator, in unit laundry and ice maker. On site there is on-site laundry. Pets are not permitted at this property. The Walk Score here is 18, meaning most errands need a car. Rent is well below the area median of $1,550.

🚶 Getting Around

  • Walk Score18/100

    Car-Dependent

2 bedroom · typical rent nearby$1,838

Market trend: Rising · as of August 2026

💵 Costs & Lease

Deposit
$1,200

Amounts are as published by the source and may change. Confirm before applying.

📐 Floor Plan Details

  • 2BR/2BA2 bd · 2 ba · 1,198 sq ftNone available right now
  • 3BR/2BA3 bd · 2 ba · 1,553 sq ftNone available right now

🧾 Move-in Costs & Lease

Security deposit
$1,200
Application fee
$60 per applicant, paid to RivoRent

Property amounts are as published by the source and may change. Confirm before applying. The application fee is RivoRent's own and is the same on every listing.

🛡️ Renters Insurance — Estimated Cost

Estimated range for Louisiana at $20,000 – $24,999 of personal property

$22–$23/ monthEstimate — not a quote

About $267–$270 a year.

Based on what Louisiana renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 161,964 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.

Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.

Compare what companies charge and get a real quote

🏠 Inside the Home

  • In unit laundry
  • Hardwood floors
  • Dishwasher
  • Ice maker
  • Microwave
  • Range
  • Refrigerator

🏢 In the Building

  • On-site laundry

✅ Who Qualifies

Must have 3x the rent in total household income (before taxes)

🐾 Pets

Pets
Not allowed

✨ Features & Details

  • In unit laundry
  • Hardwood floors
  • Dishwasher
  • Ice maker
  • Microwave
  • Range
  • Refrigerator
  • On-site laundry
  • 2 bd
  • 2 ba
  • 1198 sq ft
  • 3 bd
  • 1553 sq ft

📊 Property Facts

Walk Score
18 · Car-Dependent

🎓 Nearby Schools

  • Ruston High School · 9-126/10 · 0.7 mi
  • A. E. Phillips Laboratory School · K-87/10 · 0.8 mi
  • Cypress Springs Elementary School · 3-55/10 · 1.0 mi
  • Ruston Junior High School · 7-87/10 · 1.2 mi
  • I.A. Lewis School · 65/10 · 1.3 mi
  • Ruston Elementary School · 3-54/10 · 2.3 mi
  • Simsboro High School · PK-126/10 · 7.3 mi
  • Choudrant High School · 7-129/10 · 8.3 mi
  • Choudrant Elementary School · K-68/10 · 9.6 mi
  • Quitman High School · PK-125/10 · 13.3 mi

🏡 Floor Plans

  • 2BR/2BA

    Contact for pricing

  • 3BR/2BA

    Contact for pricing

❓ Frequently Asked Questions

$450 – $5,000

per month

Contact for availability
2 bd
2 ba
1198 sq ft

Use the buttons at the bottom of the screen to schedule a tour or apply online. Applications are reviewed within 1–3 business days.

💬 Questions about this property?

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