
2 Bedroom Apartments for Rent in Penfield, IL (44 Rentals)


The Whitney Apartments

Town & Country Apartments

The Linc Apartments

Parkside

Eastland Apartments

Hunters Pond Apartment Homes

707 W Springfield Ave

2414 N Neil

Stone Ridge Square
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200 Vine St

Campus Circle Urbana

Golfview Village

University Park

Falcon Way Townhomes

Aspen Court

Yugo Urbana Illinois

Element on Main

Prairie Green Apartment Homes

Town Center Apartments
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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.

Carisbrooke Apartments

Townway Place

808 N Lincoln Ave

Devonshire Village

Brunswick Apartments

Urbana Estates

Waterview Estates

202 Race

Fairlawn Village

Parker Glen
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40 Mahoning Ave

418 N High St

705 Roselyn Dr

2501 Brownfield Rd

1806 S Cottage Grove Ave

1605 N Willow Rd

908 Gregory Dr

710 E University Ave

904 N Busey Ave

806 N Coler Ave
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1201 S Lynn St

1701 E Amber Ln

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 | $1,203 | $875 | $1,449 |
| Penfield 1 Bedroom Apartments | $1,107 | $445 | $1,759 |
Penfield 2 Bedroom Apartments | $1,175 | $750 | $1,845 |
| Penfield 3 Bedroom Apartments | $1,146 | $785 | $1,479 |
| Penfield 4 Bedroom Apartments | $905 | $675 | $1,409 |
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Penfield, IL Local Guide
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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 |
| Eastland Apartments | 2 Bedroom | 1,090 Sq Ft | $1,395 |
| Hunters Pond Apartment Homes | Two Bedroom | 1,089 Sq Ft | $1,613 |
| Fairlawn Village | 2 Bedroom Loft Standard | 1,000 Sq Ft | $1,210 |
| Golfview Village | The Gilmore | 996 Sq Ft | $750 |
| Town & Country Apartments | Manchester | 995 Sq Ft | $1,347 |
| Parker Glen | 2 Bedroom | 988 Sq Ft | $1,275 |
| The Linc Apartments | 2x2 | 962 Sq Ft | $850 |
| Campus Circle Urbana | B2 | 938 Sq Ft | $1,109 |
Cheapest Available Penfield and Nearby 2 Bedroom Apartments
As of April 14, 2026 the lowest priced 2 Bedroom apartment unit in Penfield, IL is the The Gilmore Model starting from $750 at Golfview Village . The second most affordable Penfield 2 Bedroom is the 2 Beds, 1 Baths Model at Townway Place starting at $895 . The average price for all 2 Bedroom apartments in Penfield is currently $1,175. Here is today’s list of the cheapest available 2 Bedroom options in Penfield:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Golfview Village | The Gilmore | $750 |
| Townway Place | 2 Beds, 1 Baths | $895 |
| Urbana Estates | 2X1Urbana Estates | $900 |
| Prairie Green Apartment Homes | 2 Bed 1 Bath | $925 |
| Town & Country Apartments | Elston | $975 |
| University Park | Two Bedroom | $995 |
| 808 N Lincoln Ave | 2 Bed / 1 Bath | $995 |
| Town Center Apartments | 2 Bedroom 1 Bath | $1,060 |
| Parkside | 2 Bedroom 1 Bath - 850 SF | $1,080 |
| Fairlawn Village | 2 Bedroom Updated | $1,155 |
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 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
What is the Cheapest apartment in Penfield with 2 Bedroom?
Currently the most affordable 2 Bedroom in Penfield is at Golfview Village listed at $750.
How much is the average rent for a 2 Bedroom Penfield Apartment?
The average rent for a 2 Bedroom Apartment in Penfield is $1,175.
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 0 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.