2 Bedroom Apartments for Rent in Penwell, TX (48 Rentals)

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Village Place
2 Bedroom Apartments

Village Place

1220 Adams AveOdessa, TX 79761
  • Utilities Included
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High Plains
2 Bedroom Apartments

High Plains

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

The Laurel Condos

600 Dotsy AveOdessa, TX 79763
Corporate Housing
  • Utilities Included
Showing Results 1-48, Page 1 of 1

Penwell, TX Local Guide

Largest Available Penwell and Nearby 2 Bedroom Apartments

The largest available 2 Bedroom apartment unit in Penwell, TX is found at Lantana Gardens and is 1,261 square feet priced from $1,900. Madison Square has the second largest 2 Bedroom, which is sized at 1,200 square feet and currently listed start at $1,700. Here is today’s list of the largest available 2 Bedroom units in Penwell:

Apartment ListingModel NameSquare FootagePriced From
Lantana GardensOleander1,261 Sq Ft$1,900
Madison Square2 Bedroom Apartment Home1,200 Sq Ft$1,700
Advenir at Legado RanchJane1,195 Sq Ft$1,799
SUNSET LODGEB41,149 Sq Ft$1,795
Andalucia VillasPicasso1,143 Sq Ft$1,895
Country Crest TownhomesTwo Bedroom Townhome1,120 Sq Ft$1,460
The Woodlands Apartment HomesSouth Plains-Classic1,086 Sq Ft$1,475
Latitude 31°2x2 Admiral1,071 Sq Ft$1,795
Mission Village of Monahans2 Bedroom1,070 Sq Ft$899
Woodview2 Bedroom Apartment Home1,052 Sq Ft$1,506

Cheapest Available Penwell and Nearby 2 Bedroom Apartments

As of September 20, 2025 the lowest priced 2 Bedroom apartment unit in Penwell, TX is the 2 Bedroom Model starting from $899 at Mission Village of Monahans . The second most affordable Penwell 2 Bedroom is the Elevate Model at Alturas Penbrook starting at $995 . The average price for all 2 Bedroom apartments in Penwell is currently $1,463. Here is today’s list of the cheapest available 2 Bedroom options in Penwell:

Apartment ListingModel NamePriced From
Mission Village of Monahans2 Bedroom$899
Alturas PenbrookElevate$995
Sunset2 Bedroom Apartment Home$1,159
AlaraB1$1,160
University GardensB1$1,200
Trestles Condominiums2 Bedroom W/D Connection$1,200
Village Place2 Bedroom$1,200
Southgate2 Bedroom Apartment Home$1,219
Brookview2 Bedroom Apartment Home$1,229
Fairgreen2x2$1,245

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Frequently Asked Questions about 2 Bedroom Penwell Apartments

How much is the average rent for a 2 Bedroom Penwell Apartment?

The average rent for a 2 Bedroom Apartment in Penwell is $1,463.

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

Today's apartment with the most square footage in Penwell is a 1,261 square feet unit starting from $1,900 at Lantana Gardens.

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

The average size for a 2 Bedroom rental in Penwell is currently 1,614 sq ft.

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.