1 Bedroom Apartments for Rent near Penwell, TX (40 Rentals)

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Genius Ideas and Studio Layout Tips That Maximize Every Square Inch

Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

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

Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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

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Acacia Park
1 Bedroom Apartments

Acacia Park

4775 Oakwood DrOdessa, TX 79761
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High Plains
1 Bedroom Apartments

High Plains

3727 Andrews HwyOdessa, TX 79762
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The Laurel Condos
1 Bedroom Apartments

The Laurel Condos

600 Dotsy AveOdessa, TX 79763
Corporate Housing
  • Utilities Included

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.

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Penwell, TX Local Guide

Largest Available Penwell and Nearby 1 Bedroom Apartments

The largest available 1 Bedroom apartment unit in Penwell, TX is found at Madison Square and is 885 square feet priced from $1,064. Cimarron Place Apartments has the second largest 1 Bedroom, which is sized at 881 square feet and currently listed start at $1,395. Here is today’s list of the largest available 1 Bedroom units in Penwell:

Apartment ListingModel NameSquare FootagePriced From
Madison SquareA4885 Sq Ft$1,064
Cimarron Place ApartmentsC881 Sq Ft$1,395
High PlainsA4875 Sq Ft$1,155
Faudree Ranch ApartmentsMesa835 Sq Ft$1,399
Advenir at Legado RanchIkard823 Sq Ft$1,531
Olivo Square Apartments1 BED | 1.5 BATH807 Sq Ft$1,195
Latitude 31°1x1 Aviator760 Sq Ft$1,550
Fairgreen1x1750 Sq Ft$999
Garden ApartmentsOne Bedroom750 Sq Ft$975
SouthgateA2742 Sq Ft$1,197

Cheapest Available Penwell and Nearby 1 Bedroom Apartments

As of July 10, 2026 the lowest priced 1 Bedroom apartment unit in Penwell, TX is the A1 Model starting from $800 at Westwood Square . The second most affordable Penwell 1 Bedroom is the 1 BR x 1 BA Model at Alturas Eleventh starting at $809 . The average price for all 1 Bedroom apartments in Penwell is currently $1,166. Here is today’s list of the cheapest available 1 Bedroom options in Penwell:

Apartment ListingModel NamePriced From
Westwood SquareA1$800
Alturas Eleventh1 BR x 1 BA$809
Westwinds Village1/1, 519 sq ft$875
Olivo Square Apartments1 BED | 1 BATH$895
Trestles CondominiumsOne Bedroom$900
Sandpiper ApartmentsOne Bedroom$900
SunsetA1$928
Madison SquareA1$932
The Paddocks ApartmentsA2 U$950
Cru1Bed 1Bath$954

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 1 Bedroom Penwell Apartments

How much is the average rent for a 1 Bedroom Penwell Apartment?

The average rent for a 1 Bedroom Apartment in Penwell is $1,166.

What is the largest available 1 Bedroom Penwell Apartment for rent?

Today's apartment with the most square footage in Penwell is a 885 square feet unit starting from $1,064 at Madison Square.

What is the average size for Penwell 1 Bedroom Apartments for rent?

The average size for a 1 Bedroom rental in Penwell is currently 651 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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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.

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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.

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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.

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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.