2 Bedroom Apartments for Rent in Penfield, IL (43 Rentals)

Total Monthly Price
The Whitney Apartments

Total Monthly Price
Town & Country Apartments

Parkside

Eastland Apartments

Town Center Apartments

Hunters Pond Apartment Homes

707 W Springfield Ave

200 Vine St

2414 N Neil
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.

Stone Ridge Square

Golfview Village

Yugo Urbana Illinois

Campus Circle Urbana

Element on Main

Falcon Way Townhomes

Aspen Court

Prairie Green Apartment Homes

Total Monthly Price
University Park

Carisbrooke 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.

808 N Lincoln Ave

Devonshire Village

Total Monthly Price
Fairlawn Village

Brunswick Apartments

202 Race

Urbana Estates

Parker Glen

40 Mahoning Ave

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

1320 Yakel St

103 W Clark St

906 E Harding Dr

1806 S Cottage Grove Ave

807 N Orchard St

203 W Park St

203 School St

805 E Michigan Ave

1201 S Lynn St

1305 Christopher Cir
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.

3030 E Stillwater Landing

Willow Springs

Country Manor Apartments
Penfield, IL Local Guide

How much does it cost to rent an apartment in Penfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penfield Studio Apartments | $1,223 | $875 | $1,449 |
| Penfield 1 Bedroom Apartments | $1,142 | $652 | $1,749 |
Penfield 2 Bedroom Apartments | $1,200 | $518 | $1,845 |
| Penfield 3 Bedroom Apartments | $1,133 | $815 | $1,430 |
| Penfield 4 Bedroom Apartments | $977 | $785 | $1,310 |
Browse Top Apartments in Penfield
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Penfield, IL Local Guide
- Nearby Cities
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Largest Available Penfield and Nearby 2 Bedroom Apartments
The largest available 2 Bedroom apartment unit in Penfield, IL is found at 200 Vine St and is 1,292 square feet priced from $1,675. Devonshire Village has the second largest 2 Bedroom, which is sized at 1,187 square feet and currently listed start at $1,450. Here is today’s list of the largest available 2 Bedroom units in Penfield:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| 200 Vine St | 2 Bedroom/2.5 bath | 1,292 Sq Ft | $1,675 |
| Devonshire Village | 2 Bed 2 Bath Private Entry | 1,187 Sq Ft | $1,450 |
| Hunters Pond Apartment Homes | Two Bedroom | 1,103 Sq Ft | $1,499 |
| Eastland Apartments | 2 Bedroom | 1,090 Sq Ft | $1,395 |
| Town & Country Apartments | Manchester | 995 Sq Ft | $1,425 |
| Parker Glen | 2 Bedroom | 988 Sq Ft | $1,275 |
| Campus Circle Urbana | B2 | 938 Sq Ft | $1,109 |
| Town Center Apartments | 2 Bedroom 1 Bath | 930 Sq Ft | $1,060 |
| Yugo Urbana Illinois | 2 Bed, 2 Bath Corner | 872 Sq Ft | $1,089 |
| Aspen Court | The Sugar Maple | 865 Sq Ft | $1,200 |
Cheapest Available Penfield and Nearby 2 Bedroom Apartments
As of February 27, 2026 the lowest priced 2 Bedroom apartment unit in Penfield, IL is the Two Bedroom Townhome Model starting from $838 at Falcon Way Townhomes . The second most affordable Penfield 2 Bedroom is the The Cottage Model at ONYX starting at $850 . The average price for all 2 Bedroom apartments in Penfield is currently $1,200. Here is today’s list of the cheapest available 2 Bedroom options in Penfield:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Falcon Way Townhomes | Two Bedroom Townhome | $838 |
| ONYX | The Cottage | $850 |
| Townway Place | 2 Beds, 1 Baths | $895 |
| Urbana Estates | 2X1Urbana Estates | $900 |
| Brunswick Apartments | Brunswick Apartments 2 Bed 2 Bath Waiting List | $925 |
| University Park | Two Bedroom | $995 |
| 808 N Lincoln Ave | 2 Bed / 1 Bath | $995 |
| Town & Country Apartments | Prestwicke | $1,000 |
| Town Center Apartments | 2 Bedroom 1 Bath | $1,060 |
| Parkside | 2 Bedroom 1 Bath - 850 SF | $1,080 |
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.
Read ArticleThe 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.
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 Penfield, IL Rentals by Map
See the most popular apartments and homes in Penfield, IL
Frequently Asked Questions about 2 Bedroom Penfield Apartments
How much is the average rent for a 2 Bedroom Penfield Apartment?
The average rent for a 2 Bedroom Apartment in Penfield is $1,200.
What is the largest available 2 Bedroom Penfield Apartment for rent?
Today's apartment with the most square footage in Penfield is a 1,292 square feet unit starting from $1,675 at 200 Vine St.
What is the average size for Penfield 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Penfield is currently 882 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.

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.

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.

