
2 Bedroom Apartments for Rent in Penetanguishene, ON (45 Rentals)


7 Robert St W

332 Champlain Rd

332 Champlain Rd

1 Simcoe St

1 Simcoe St

61 Thompson Rd W

51 Owen St

The Deanwood Rental Apartments

The Alcona Innisfil
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Veterans Terrace

Silvercreek Apartments

Georgian Towers

Highpoint Barrie

Edgehill Apartments

Bayfield Tower Apartments

Cedar Grove

Mapleview Apartments

Total Monthly Price
The Grove
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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.

1418 Broderick St

104 Mulcaster St

29 Fittons Rd E

273 Moffat St

39 Ross St

66 Rose St

56 Donald St

42 Newton St

304 Little Ave

40 Newton St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
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61 College Cres

55 Courtice Crescent

184 Eighth St

17 Spooner Cres

333 Sunseeker Ave

521 Bay St

521 Bay St

253 King St

253 King St

Baypoint Villas Apartments
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751 Hugel Ave

Midland Tower Apartments

Mount Lakeview Nonprofit Housing Corporation

860 Yonge St

750 Ontario St
Penetanguishene, ON Local Guide
How much does it cost to rent an apartment in Penetanguishene?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penetanguishene Studio Apartments | $1,300 | $1,300 | $1,300 |
| Penetanguishene 1 Bedroom Apartments | $2,112 | $1,475 | $5,856 |
Penetanguishene 2 Bedroom Apartments | $2,311 | $1,700 | $3,499 |
| Penetanguishene 3 Bedroom Apartments | $2,707 | $1,975 | $5,357 |
| Penetanguishene 4 Bedroom Apartments | $6,264 | $2,575 | $10,000+ |
Browse Top Apartments in Penetanguishene
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Penetanguishene, ON Local Guide
- Nearby Cities
Largest Available Penetanguishene 2 Bedroom Apartments
The largest available 2 Bedroom apartment unit in Penetanguishene, ON is found at The Deanwood Rental Apartments in the Simcoe Region neighborhood and is 1,711 square feet priced from $3,499. Veterans Terrace has the second largest 2 Bedroom, which is sized at 1,600 square feet and currently listed start at $2,300. Here is today’s list of the largest available 2 Bedroom units in Penetanguishene:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| The Deanwood Rental Apartments | 2 Bedrooms + Den | 1,711 Sq Ft | $3,499 |
| Veterans Terrace | 2 BDRM W/O Garage | 1,600 Sq Ft | $2,300 |
| The Grove | 2 Bedroom 1 Bathroom | 901 Sq Ft | $2,350 |
| Highpoint Barrie | 2 Bed 1 Bath B | 900 Sq Ft | $1,995 |
| Silvercreek Apartments | 2 Beds, 2 Baths | 900 Sq Ft | $2,535 |
| Cedar Grove | 2 Bedroom | 833 Sq Ft | $1,700 |
| Edgehill Apartments | 2 Bed 1 Bath A | 830 Sq Ft | $1,850 |
| Bayfield Tower Apartments | 2 Bed 1 Bath B | 828 Sq Ft | $2,350 |
| 1 Lowndes Av | 2 Bedroom | 750 Sq Ft | $2,000 |
| The Alcona Innisfil | Two Bedroom | 665 Sq Ft | $2,427 |
Cheapest Available Penetanguishene 2 Bedroom Apartments
As of April 17, 2026 the lowest priced 2 Bedroom apartment unit in Penetanguishene, ON is the 2 Bedroom Model starting from $1,700 at Cedar Grove in the Downtown Barrie neighborhood. The second most affordable Penetanguishene 2 Bedroom is the 2 Bed 1 Bath A Model at Edgehill Apartments starting at $1,850 . The average price for all 2 Bedroom apartments in Penetanguishene is currently $2,311. Here is today’s list of the cheapest available 2 Bedroom options in Penetanguishene:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Cedar Grove | 2 Bedroom | $1,700 |
| Edgehill Apartments | 2 Bed 1 Bath A | $1,850 |
| Highpoint Barrie | 2 Bed 1 Bath A | $1,950 |
| 1 Lowndes Av | 2 Bedroom | $2,000 |
| Veterans Terrace | 2 BDRM W/O Garage | $2,300 |
| Bayfield Tower Apartments | 2 Bed 1 Bath B | $2,350 |
| The Grove | 2 Bedroom 1 Bathroom | $2,350 |
| The Alcona Innisfil | Two Bedroom | $2,427 |
| Silvercreek Apartments | 2 Beds, 2 Baths | $2,535 |
| The Deanwood Rental Apartments | 2 Bedrooms | $2,574 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Penetanguishene, ON Rentals by Map
See the most popular apartments and homes in Penetanguishene, ON
Frequently Asked Questions about 2 Bedroom Penetanguishene Apartments
How much is the average rent for a 2 Bedroom Penetanguishene Apartment?
The average rent for a 2 Bedroom Apartment in Penetanguishene is $2,311.
What is the largest available 2 Bedroom Penetanguishene Apartment for rent?
Today's apartment with the most square footage in Penetanguishene is a 1,711 square feet unit starting from $3,499 at The Deanwood Rental Apartments.
What is the average size for Penetanguishene 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Penetanguishene is currently 1,100 sq ft.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
