1 Bedroom Apartments for Rent in Penfield, IL (35 Rentals)

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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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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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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302 W Locust St
1 Bedroom Apartments

302 W Locust St

302 W Locust StUrbana, IL 61801
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West Liberty Point
1 Bedroom Apartments

West Liberty Point

1320 Mccullough StRantoul, IL 61866
  • Utilities Included
Showing Results 1-35, Page 1 of 1

Penfield, IL Local Guide

Largest Available Penfield and Nearby 1 Bedroom Apartments

The largest available 1 Bedroom apartment unit in Penfield, IL is found at Devonshire Village and is 740 square feet priced from $949. University Park has the second largest 1 Bedroom, which is sized at 725 square feet and currently listed start at $850. Here is today’s list of the largest available 1 Bedroom units in Penfield:

Apartment ListingModel NameSquare FootagePriced From
Devonshire Village1 Bed 1 Bath740 Sq Ft$949
University ParkOne Bedroom725 Sq Ft$850
Waterview Estates1x1Waterview Estates672 Sq Ft$730
Urbana Estates1x1Urbana Estates656 Sq Ft$800
Element on Main1x1650 Sq Ft$975
Townway Place1 Beds, 1 Baths600 Sq Ft$795
Aspen CourtThe Beech590 Sq Ft$847
Campus Circle UrbanaA1583 Sq Ft$1,759
Town & Country ApartmentsDanbury560 Sq Ft$902
Yugo Urbana Illinois1 Bed, 1 Bath Classic527 Sq Ft$1,659

Cheapest Available Penfield and Nearby 1 Bedroom Apartments

As of April 14, 2026 the lowest priced 1 Bedroom apartment unit in Penfield, IL is the 1x1Waterview Estates Model starting from $730 at Waterview Estates . The second most affordable Penfield 1 Bedroom is the 1 Beds, 1 Baths Model at Townway Place starting at $795 . The average price for all 1 Bedroom apartments in Penfield is currently $1,107. Here is today’s list of the cheapest available 1 Bedroom options in Penfield:

Apartment ListingModel NamePriced From
Waterview Estates1x1Waterview Estates$730
Townway Place1 Beds, 1 Baths$795
Urbana Estates1x1Urbana Estates$800
Aspen CourtThe Beech$847
University ParkOne Bedroom$850
Town & Country ApartmentsDanbury$902
Devonshire Village1 Bed 1 Bath$949
Element on Main1x1$975

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.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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

Explore Penfield, IL Rentals by Map

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See the most popular apartments and homes in Penfield, IL

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Frequently Asked Questions about 1 Bedroom Penfield Apartments

What is the Cheapest apartment in Penfield with 1 Bedroom?

Currently the most affordable 1 Bedroom in Penfield is at Waterview Estates listed at $730.

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

The average rent for a 1 Bedroom Apartment in Penfield is $1,107.

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

Today's apartment with the most square footage in Penfield is a 740 square feet unit starting from $949 at Devonshire Village.

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

The average size for a 1 Bedroom rental in Penfield is currently 725 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

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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.

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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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.