
Apartments for Rent near Penwell, TX (77 Rentals)


Alara

Faudree Ranch Apartments

Madison Square

Alturas Penbrook

Village Place

Alturas Eleventh

Westwinds Village

Marvin Gardens Apartments

Latitude 31°
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.

Sunset Lodge

Sunset

Brookview

Southgate

Cimarron Place Apartments

Westwood Square

Fairgreen

Cru

Regency Square Apartments

Olivo Square Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Wildwood Terrace Apartments

Woodview

Wellington Commons

Mission Village of Monahans

Sandpiper Apartments

Seville Apartments

Country Crest Townhomes

Arbor Terrace Townhomes

The Paddocks Apartments

Trestles Condominiums
Neighborhood & Market Insights: How to Choose the Right Area to Rent
Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.

The Woodlands Apartment Homes

Arbor Oaks

Hemingway House Apartments

Pebblebend Apartments

University Gardens

Andalucia Villas

Mockingbird Apartments

Garden Apartments

Quail Run

Lantana Gardens
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.

Total Monthly Price
Brady Station Apartments

815 Fall Ave

1315 N Jackson Ave

950 W 31st St

8623 Holiday Dr

314 Santa Rita Dr

2113 W 3rd St

416 E VFW Ln

7142 W 29th St

9510 Spirit Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Penwell, TX Local Guide

How much does it cost to rent an apartment in Penwell?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penwell Studio Apartments | $1,329 | $1,171 | $1,496 |
| Penwell 1 Bedroom Apartments | $1,159 | $799 | $1,890 |
| Penwell 2 Bedroom Apartments | $1,469 | $979 | $2,191 |
| Penwell 3 Bedroom Apartments | $1,834 | $824 | $2,790 |
| Penwell 4 Bedroom Apartments | $1,661 | $1,661 | $1,661 |
How much does it cost to rent a home in Penwell?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 2 Bedroom Homes | $1,499 | $1,499 | $1,500 |
| 3 Bedroom Homes | $2,313 | $1,500 | $3,400 |
| 4 Bedroom Homes | $3,674 | $2,450 | $7,500 |
| 5 Bedroom Homes | $15,000 | $10,000 | $10,000+ |
Browse Top Apartments in Penwell
Explore Penwell
Penwell, TX Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.
Read ArticleReal 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 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 Penwell, TX Rentals by Map
See the most popular apartments and homes in Penwell, TX
Frequently Asked Questions about Penwell
What is the current pricing and availability for apartments for rent in Penwell, TX?
As of today, July 29, 2026, there are currently 77 available Penwell apartments priced from $799 to $2,790, with an average monthly rent of $1,365.
What is the current price range for One Bedroom Penwell Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Penwell ranges from $799 to $1,890 with an average monthly rent of $1,159.
What does renting a Two Bedroom Apartment in Penwell cost?
The monthly rent prices of Two Bedroom Apartments currently available in Penwell range from $979 to $2,191. Today's average rental price for Two Bedrooms here is $1,469.
How expensive are Penwell Three Bedroom Apartments?
There are currently 16 Three Bedroom Apartments listings available in Penwell on ApartmentHomeLiving.com. The pricing ranges from $824 to $2,790 - averaging $1,834 for the location.
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

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.

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.

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.

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.