1 Bedroom Apartments for Rent in Penelope, TX (45 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done
close
View Me
South Terrace
1 Bedroom Apartments

South Terrace

2616 S 12th StWaco, TX 76706
close
View Me
19Eleven
1 Bedroom Apartments

19Eleven

1911 S 8th StWaco, TX 76706
Student Housing
close
View Me
The Madison
1 Bedroom Apartments

The Madison

1307 Austin AveWaco, TX 76701
Corporate Housing
close
View Me
Riviera Apartments
1 Bedroom Apartments

Riviera Apartments

9900 China Spring RdWaco, TX 76708
Corporate Housing
close
View Me
Abbey Glenn Apartments
1 Bedroom Apartments

Abbey Glenn Apartments

700 S 4th StWaco, TX 76706
Student Housing
  • Utilities Included
close
View Me
Derek Ville
1 Bedroom Apartments

Derek Ville

111 County Road 1812Clifton, TX 76634
  • Utilities Included
close
View Me
Stratton Lofts
1 Bedroom Apartments

Stratton Lofts

800 Austin AveWaco, TX 76701
  • Utilities Included
Showing Results 1-45, Page 1 of 1

Penelope, TX Local Guide

Largest Available Penelope and Nearby 1 Bedroom Apartments

The largest available 1 Bedroom apartment unit in Penelope, TX is found at LUXE AT 1300 in the Oakwood neighborhood and is 952 square feet priced from $1,481. URSA - Historical Access II in the South End neighborhood has the second largest 1 Bedroom, which is sized at 885 square feet and currently listed start at $1,399. Here is today’s list of the largest available 1 Bedroom units in Penelope:

Apartment ListingModel NameSquare FootagePriced From
LUXE AT 1300Voile952 Sq Ft$1,481
URSA - Historical Access II1BR/2BA - with Den885 Sq Ft$1,399
Tinsley PlaceTribeca II 1BR/1.5BA868 Sq Ft$1,756
Riviera ApartmentsA1847 Sq Ft$1,204
Highland Cove1 BR A-2 808 Sq Ft$1,025
101 Elm1 Bedroom 1 Bath800 Sq Ft$1,425
222 Clay Court1 Bedroom Third Floor-with Porch800 Sq Ft$1,425
Riverfront LoftsA4795 Sq Ft$1,795
RIVERCRESTA4790 Sq Ft$1,201
Carriage House785 sq ft 1 bed785 Sq Ft$1,200

Cheapest Available Penelope and Nearby 1 Bedroom Apartments

As of November 20, 2025 the lowest priced 1 Bedroom apartment unit in Penelope, TX is the 1 Bed 1 Bath Model starting from $392 at Villas of Hubbard . The second most affordable Penelope 1 Bedroom is the B-1b1bm Model at Brazos Park Apartments starting at $749 in the Carver neighborhood. The average price for all 1 Bedroom apartments in Penelope is currently $1,329. Here is today’s list of the cheapest available 1 Bedroom options in Penelope:

Apartment ListingModel NamePriced From
Villas of Hubbard1 Bed 1 Bath$392
Brazos Park ApartmentsB-1b1bm$749
The Meadows ApartmentsOne Bedroom$795
Prime Properties Waco1Bed-1Bath$850
The Enclave at the StadiumA1$860
Sandstone1 Bed, 1 Bath (80% Income Restricted)$949
Madison HighlandsAnderson$979
Highland Cove1 BR A $1,010
Tinsley PlaceUnion 1BR/1BA$1,042
Abbey Glenn ApartmentsA5$1,100

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Penelope, TX

Ranked #1145

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Penelope, TX Rentals by Map

Decorative image of map

See the most popular apartments and homes in Penelope, TX

View Map
Penelope, TX Apartments Map
View Map
Penelope, TX Rental Homes Map

Getting Around Penelope, TX

Walk Score®

1 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

23 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about 1 Bedroom Penelope Apartments

What is the Cheapest apartment in Penelope with 1 Bedroom?

Currently the most affordable 1 Bedroom in Penelope is at Villas of Hubbard listed at $392.

How much is the average rent for a 1 Bedroom Penelope Apartment?

The average rent for a 1 Bedroom Apartment in Penelope is $1,329.

What is the largest available 1 Bedroom Penelope Apartment for rent?

Today's apartment with the most square footage in Penelope is a 952 square feet unit starting from $1,481 at LUXE AT 1300.

What is the average size for Penelope 1 Bedroom Apartments for rent?

The average size for a 1 Bedroom rental in Penelope is currently 744 sq ft.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.