
Apartments for Rent near Penelope, TX Under $2,000 (86 Rentals)


Allen Place

222 Clay Court

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Riverfront Lofts

300 Clay Ave

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LUXE AT 1300

Franklin Place

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Tinsley Place

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PECAN RIDGE-WACO

Riviera Apartments
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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RIVERCREST

Abbey Glenn Apartments

Carriage House

Madison Highlands

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The Cove on 21st

River Park

Historic Lofts of Waco High

Highland Cove

Costa Esmeralda

The Enclave at the Stadium
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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Bordeaux XI Apartments

Sandstone

101 Elm

Waco Apartments

Eleven06 on 35 Apartments

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The Meadows Apartments

Brazos Park Apartments

University Edge Waco

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The Green at Waco

University Club Apartments
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.

Eagle Crest Apartments

West Campus Lofts

Elevate

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Eastgate Apartments- STUDENT LIVING

Bear Crossing

Villas of Hubbard

6301 Sydney Dr

102 Applegrove Cir

389 E Burleson Ave

383 E Burleson Ave
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.

8824 Old Marlin Rd

1319 Tabor St

606 Theresa St

864 Lost Gold Rd

114-114 Vitava Dr

509 Hood St

1200 N 4th St

352 County Rd 3670

225 HCR 2127

217 E Craven Ave
Penelope, TX Local Guide

How much does it cost to rent an apartment in Penelope?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penelope Studio Apartments | $1,256 | $649 | $1,747 |
| Penelope 1 Bedroom Apartments | $1,164 | $372 | $3,435 |
| Penelope 2 Bedroom Apartments | $1,465 | $699 | $4,027 |
| Penelope 3 Bedroom Apartments | $1,310 | $659 | $3,280 |
| Penelope 4 Bedroom Apartments | $824 | $509 | $1,700 |
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Penelope, TX Local Guide
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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Penelope, TX Rentals by Map
See the most popular apartments and homes in Penelope, TX
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

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.

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.

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.

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.