Nizhniye Peny (Russian: Нижние Пены) is a rural locality (a selo) and the administrative center of Nizhnepenskoye Rural Settlement, Rakityansky District, Belgorod Oblast, Russia.

Nizhniye Peny is located 30 km northeast of Rakitnoye (the district's administrative centre) by road.

Dragunka is the nearest rural locality.

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