Rentals Available Now!
Penn Park Apartments — Apartments for Rent in Caldwell, ID
Penn Park Apartments brings new four-plex apartment homes to Caldwell, Idaho — four residences per building, each with its own front door, set along landscaped streets rather than stacked around a parking structure.
It’s a quieter, more private way to rent, in a city that’s become one of the Treasure Valley’s best places to land. Downtown Caldwell and Indian Creek Plaza are minutes away, I-84 puts Nampa about ten minutes east, and Idaho wine country starts just over the hill.
Apartment Homes Designed Around You
Every home at Penn Park is built to feel like a home, not a unit in a building.
- Your own front door. Park, walk a few steps, and you’re inside. No lobbies, no elevators, no corridors.
- Four homes per building. Fewer shared walls means more quiet, and more privacy than a conventional apartment.
- Light from more than one direction. Corner-forward layouts bring windows into more rooms.
- Open, livable layouts. Space arranged for how people actually use it — cooking, hosting, working from the kitchen table.
A Neighborhood, Not a Complex
Penn Park is laid out the way a residential street is. Low buildings, landscaped frontage, and parking at your door rather than in a shared structure across the property. Walk out in the evening and it feels like a neighborhood — because that’s how it was planned.
Frequently Asked Questions
Does CBH offer rental homes?
CBH specializes in building brand new homes, the rentals team does have a few options for renting a home but invite you to see if you qualify for buying. Take the home loan lending questionnaire today!
Is buying cheaper than renting?
In many Idaho markets, monthly mortgage payments can be equal to—or less than—rent. Plus, you build equity instead of paying a landlord.
Does CBH offer rent-to-own programs?
CBH offers their own type of rental program called Trade Up. When you rent with CBH Rentals, we’ll put a portion of your rent towards owning a brand new home! Learn more about our Trade Up Program.
What’s the benefit of owning vs. renting?
Owning means equity, tax benefits, and stability. Renting offers flexibility but no long-term financial gain.
Can renters qualify to buy even with low credit?
Yes—our preferred lenders offer programs designed for first-time buyers and renters transitioning to ownership.
How do I know if I qualify to buy instead of rent?
Easy, simply take the Home Loan Lending Quiz. Our preferred lenders will reach out to you to help guide you on where you stand.
What tools help me compare renting vs. buying?
Check out our First-Time Buyer Guide for cost comparisons.
Do you help renters build credit toward buying?
Our lending partners may offer credit counseling to help renters prepare for purchase.
What’s the “Trade Up” program?
CBH’s Trade Up program allows a portion of your rent to go toward a new home purchase in the future among other amazing benefits.
Can I start browsing homes while still renting?
Yes! Many of our buyers start their home search while renting. Visit Available Homes to start exploring.
More house. More living. Upgrade your life with rates from 3.875%* (APR 6.67%) on a new CBH Home. PLUS get a free refrigerator, washer and dryer included! Limited time only, starting in the $1,400’s per month*!
Find My Future Home
Not sure how much home you can afford? Try our Home Loan Helper! Share a few details, and our partners at Team Mandi will guide you from loan to home!
Get Pre-Qualified Now
