414 Front St
HoopestonIL60942
Cheap Homes for Rent in Penfield, IL from $600 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Penfield.
502 E Harding Dr
UrbanaIL61801
1088 Eastview Dr
RantoulIL61866
202 S Lynn St
UrbanaIL61802
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.
1320 McCullough St
RantoulIL61866
2006 Rainbow View
UrbanaIL61802
1001 E Washington St
UrbanaIL61801
1065 Eastview Dr
RantoulIL61866
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.
904 N Broadway Ave
UrbanaIL61801
Showing Results 1-9, Page 1 of 1
Penfield, IL Local Guide
Maple's during fall by Amanda Landers is licensed under CC BY 2.0
How much does it cost to rent a home in Penfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penfield 2 Bedroom Homes for Rent | $1,251 | $775 | $1,900 |
| Penfield 3 Bedroom Homes for Rent | $1,692 | $1,050 | $3,200 |
| Penfield 4 Bedroom Homes for Rent | $1,800 | $1,350 | $2,250 |
| Penfield 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Top Homes for Rent in Penfield
Explore Penfield
Penfield, IL Local Guide
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Cheapest Available Penfield Apartments for Rent and Nearby
The cheapest available apartment rental in Penfield, IL is a 3 Beds unit found at Parker Glen priced from $525. Brunswick Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Penfield apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parker Glen | 3 Bedroom | 3BR,2BA | $525 |
| Brunswick Apartments | Studio | Studio,1BA | $625 |
| Townway Place | 1 Beds, 1 Baths | 1BR,1BA | $795 |
Best Value Apartments for Rent in Penfield, IL and Nearby
As of June 10, 2025 the best value apartment in the Penfield area is the $0.60 price per square foot South Pointe 3bd/1.5ba Duplex w/ Carport & Base... Model at South Pointe Commons in the starting from $1,069. The second greatest value Penfield apartment is the 2 Bedroom/2.5 bath Model at 200 Vine St starting at $1,675 with a $1.07 price per square foot . Here is today’s list of the best values for Penfield apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| South Pointe Commons | South Pointe 3bd/1.5ba Duplex w/ Carport & Base... | 3BR,1.5BA | $0.60 |
| 200 Vine St | 2 Bedroom/2.5 bath | 2BR,2BA | $1.07 |
| Capstone Quarters | Three Bedroom Standar | 3BR,3BA | $0.40 |
| Campus Circle Urbana | D2 | 4BR,4BA | $0.72 |
| Devonshire Village | 2 Bed 2 Bath Private Entry | 2BR,2BA | $1.21 |
| Golfview Village | The McGavin | 3BR,1.5BA | $0.67 |
| Campus Oaks | Floorplan A - Price per person | 4BR,2BA | $0.60 |
| Parker Glen | 2 Bedroom | 2BR,1BA | $1.29 |
| Aspen Court | The Sugar Maple | 2BR,1.5BA | $1.10 |
| Parkside | 2 Bedroom 1 Bath - 850 SF | 2BR,1BA | $1.19 |
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Frequently Asked Questions about Penfield
What type of rentals are currently available in Penfield?
There are currently 38 Apartments for Rent in Penfield, IL with pricing that ranges from $495 to $1,879. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penfield ranging from $670 to $3,200.
What is the current price range for Rental Homes in Penfield?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Penfield ranges from $670 to $3,200 with an average monthly rent of $1,657.
How much are larger Three and Four Bedroom Rentals in Penfield?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Penfield range from $795 to $1,709, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $1,015.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.