2 Bedroom Apartments for Rent in Penfield, IL (41 Rentals)

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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.

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.

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.

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

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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Aspen Court
2 Bedroom Apartments

Aspen Court

1557 S Hunter StUrbana, IL 61802

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 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 1,102 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
200 Vine St2 Bedroom/2.5 bath1,292 Sq Ft$1,675
Devonshire Village2 Bed 2 Bath Sm Apt1,102 Sq Ft$1,206
Eastland Apartments2 Bedroom1,090 Sq Ft$1,415
Parker Glen2 Bdrm988 Sq Ft$1,275
The Linc Apartments2x2962 Sq Ft$850
Town Center Apartments2 Bedroom 1 Bath930 Sq Ft$1,060
Aspen CourtThe Sugar Maple865 Sq Ft$985
Waterview Estates2X1 GWaterview Estates864 Sq Ft$830
Parkside2 Bedroom 1 Bath 850 SF Upgrade850 Sq Ft$1,080

Cheapest Available Penfield and Nearby 2 Bedroom Apartments

As of May 30, 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 2X1Urbana Estates Model at Urbana Estates starting at $900 . The average price for all 2 Bedroom apartments in Penfield is currently $1,176. Here is today’s list of the cheapest available 2 Bedroom options in Penfield:

Apartment ListingModel NamePriced From
Waterview Estates2X1 GWaterview Estates$830
Urbana Estates2X1Urbana Estates$900
Aspen CourtThe Sugar Maple$985
University ParkTwo Bedroom$995
808 N Lincoln Ave. Urbana, IL2 Bed / 1 Bath$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

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.

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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 $1,176.

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 842 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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.