Apartments for Rent near Penelope, TX Under $1,000 (39 Rentals)

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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The Meadows Apartments
Rent Specials
$803 - $918
Total Monthly Price

Total Monthly Price

Base Rent
$803 - $918
Total Monthly Price
$803 - $918
1 to 2 Bedroom Apartments Available Sep 21

The Meadows Apartments

4300 Meyers LnWaco, TX 76705
Affordability
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  • Customer Reviewed
  • Utilities Included
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The Green at Waco
Rent Specials
$670 - $1,575
Total Monthly Price

Total Monthly Price

Base Rent
$670 - $1,575
Total Monthly Price
$670 - $1,575
1 to 5 Bedroom Apartments Available Now

The Green at Waco

2501 S University Parks DrWaco, TX 76706
Student Housing
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  • Customer Reviewed
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Derek Ville
1 Bedroom Apartments

Derek Ville

111 County Road 1812Clifton, TX 76634
  • Utilities Included
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19Eleven
1 to 4 Bedroom Apartments

19Eleven

1911 S 8th StWaco, TX 76706
Student Housing
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Prime Properties Waco
1 to 4 Bedroom Apartments

Prime Properties Waco

1800 Primrose DrWaco, TX 76706
Corporate Housing
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LL Sams Apartments
1 to 5 Bedroom Apartments

LL Sams Apartments

2000 S 1st StWaco, TX 76706
Student Housing
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The Den
Studio to 5 Bedroom Apartments

The Den

909 Baylor AveWaco, TX 76706
Student Housing
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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South Terrace
1 to 4 Bedroom Apartments

South Terrace

2616 S 12th StWaco, TX 76706
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Outpost at Waco
1 to 4 Bedroom Apartments

Outpost at Waco

2415 S. University Parks DrWaco, TX 76706
Student Housing
  • Utilities Included
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Aspen Heights
2 to 4 Bedroom Apartments

Aspen Heights

3344 S 3rd StWaco, TX 76706
Student Housing
  • Utilities Included
Showing Results 1-39, Page 1 of 1

Penelope, TX Local Guide

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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

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See the most popular apartments and homes in Penelope, TX

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Frequently Asked Questions about Penelope

What is the current price range for One Bedroom Penelope Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Penelope ranges from $372 to $3,435 with an average monthly rent of $1,164.

What does renting a Two Bedroom Apartment in Penelope cost?

The monthly rent prices of Two Bedroom Apartments currently available in Penelope range from $699 to $4,027. Today's average rental price for Two Bedrooms here is $1,465.

How expensive are Penelope Three Bedroom Apartments?

There are currently 24 Three Bedroom Apartments listings available in Penelope on ApartmentHomeLiving.com. The pricing ranges from $659 to $3,280 - averaging $1,310 for the location.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.