2 Bedroom Apartments for Rent near Penfield, IL (40 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

Read Article

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.

Read Article

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.

Read Article
property at 1113 W Hill St

$1,050 - $2,200

2 Bedroom Rentals

Available Aug 7

1113 W Hill St

UrbanaIL61801

Renting Smart: Lease Basics Every Renter Needs

Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

Read Article
close
View Me
Aspen Court
2 Bedroom Apartments

Aspen Court

1557 S Hunter StUrbana, IL 61802

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.

Read Article
Showing Results 1-40, Page 1 of 1

Penfield, IL Local Guide

Largest Available Penfield and Nearby 2 Bedroom Apartments

The largest available 2 Bedroom apartment unit in Penfield, IL is found at Hunters Pond Apartment Homes and is 1,103 square feet priced from $1,666. Devonshire Village has the second largest 2 Bedroom, which is sized at 1,102 square feet and currently listed start at $1,206. Here is today’s list of the largest available 2 Bedroom units in Penfield:

Apartment ListingModel NameSquare FootagePriced From
Hunters Pond Apartment HomesTwo Bedroom1,103 Sq Ft$1,666
Devonshire Village2 Bed 2 Bath Sm Apt1,102 Sq Ft$1,206
Eastland Apartments2 Bedroom1,090 Sq Ft$1,415
Townway Place2 Beds, 1 Baths1,020 Sq Ft$1,050
Town Center Apartments2 Bedroom 1 Bath930 Sq Ft$1,060
Waterview Estates2X1 GWaterview Estates864 Sq Ft$830
Element on Main2x1850 Sq Ft$1,092
Parkside2 Bedroom 1 Bath 850 SF Upgrade850 Sq Ft$1,080
The Whitney Apartments3rd Floor 2 Bedroom Apartment849 Sq Ft$1,389

Cheapest Available Penfield and Nearby 2 Bedroom Apartments

As of July 14, 2026 the lowest priced 2 Bedroom apartment unit in Penfield, IL is the 2X1 GWaterview Estates Model starting from $830 at Waterview Estates . The second most affordable Penfield 2 Bedroom is the 2 Beds, 1 Baths Model at Townway Place starting at $900 . The average price for all 2 Bedroom apartments in Penfield is currently $1,213. Here is today’s list of the cheapest available 2 Bedroom options in Penfield:

Apartment ListingModel NamePriced From
Waterview Estates2X1 GWaterview Estates$830
Townway Place2 Beds, 1 Baths$900
Urbana Estates2X1Urbana Estates$900
University ParkTwo Bedroom$995
Element on Main2x1$1,050
Town Center Apartments2 Bedroom 1 Bath$1,060
Parkside2 Bedroom 1 Bath - 850 SF$1,080
202 RaceBeautiful 2BD Condo in Downtown Urbana!$1,182
Devonshire Village2 Bed 2 Bath Sm Apt$1,206
The Whitney Apartments1st or 2nd Floor 2 Bedroom Apartment$1,389

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Penfield, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Penfield, IL

View Map
Penfield, IL Apartments Map
View Map
Penfield, IL Rental Homes Map

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 $1,213.

What is the largest available 2 Bedroom Penfield Apartment for rent?

Today's apartment with the most square footage in Penfield is a 1,103 square feet unit starting from $1,666 at Hunters Pond Apartment Homes.

What is the average size for Penfield 2 Bedroom Apartments for rent?

The average size for a 2 Bedroom rental in Penfield is currently 931 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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.