2 Bedroom Apartments for Rent in Penwell, TX (48 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.

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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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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.

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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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High Plains
2 Bedroom Apartments

High Plains

3727 Andrews HwyOdessa, TX 79762
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Acacia Park
2 Bedroom Apartments

Acacia Park

4775 Oakwood DrOdessa, TX 79761

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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The Laurel Condos
2 Bedroom Apartments

The Laurel Condos

600 Dotsy AveOdessa, TX 79763
Corporate Housing
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Alturas Penbrook
2 Bedroom Apartments

Alturas Penbrook

3965 Penbrook StOdessa, TX 79762
Corporate Housing
  • Utilities Included
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Village Place
2 Bedroom Apartments

Village Place

1220 Adams AveOdessa, TX 79761
Corporate Housing
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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 Andalucia Villas and is 1,227 square feet priced from $2,050. Madison Square has the second largest 2 Bedroom, which is sized at 1,200 square feet and currently listed start at $1,445. Here is today’s list of the largest available 2 Bedroom units in Penwell:

Apartment ListingModel NameSquare FootagePriced From
Andalucia VillasAlhambra1,227 Sq Ft$2,050
Madison Square2 Bedroom Apartment Home1,200 Sq Ft$1,445
Advenir at Legado RanchJane1,195 Sq Ft$2,041
Sunset LodgeB41,149 Sq Ft$1,734
Country Crest TownhomesTwo Bedroom Townhome1,120 Sq Ft$1,460
Faudree Ranch ApartmentsPecos1,110 Sq Ft$1,629
Pebblebend ApartmentsFU1,100 Sq Ft$1,550
Hemingway House ApartmentsE1,094 Sq Ft$1,525
The Woodlands Apartment HomesSouth Plains-Classic1,086 Sq Ft$1,475
Arbor OaksAO-21,080 Sq Ft$1,159

Cheapest Available Penwell and Nearby 2 Bedroom Apartments

As of May 25, 2026 the lowest priced 2 Bedroom apartment unit in Penwell, TX is the 2 Bedroom Apartment Home Model starting from $925 at Sunset . The second most affordable Penwell 2 Bedroom is the 2 BR x 1 BA Model at Alturas Penbrook starting at $979 . The average price for all 2 Bedroom apartments in Penwell is currently $1,445. Here is today’s list of the cheapest available 2 Bedroom options in Penwell:

Apartment ListingModel NamePriced From
Sunset2 Bedroom Apartment Home$925
Alturas Penbrook2 BR x 1 BA$979
Mission Village of Monahans2 Bedroom$1,039
Westwinds Village2/1, 808 sq ft- Brand New$1,045
Brookview2 Bedroom Apartment Home$1,099
Southgate2 Bedroom Apartment Home$1,150
Arbor OaksAO-2$1,159
Arbor Terrace TownhomesB$1,167
High PlainsB1$1,195
Garden ApartmentsTwo Bedroom$1,200

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 Penwell Apartments

What is the Cheapest apartment in Penwell with 2 Bedroom?

Currently the most affordable 2 Bedroom in Penwell is at Sunset listed at $925.

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

The average rent for a 2 Bedroom Apartment in Penwell is $1,445.

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

Today's apartment with the most square footage in Penwell is a 1,227 square feet unit starting from $2,050 at Andalucia Villas.

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

The average size for a 2 Bedroom rental in Penwell is currently 0 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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.