2 Bedroom Apartments for Rent in Penwell, TX (50 Rentals)

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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 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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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.

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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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Village Place
2 Bedroom Apartments

Village Place

1220 Adams AveOdessa, TX 79761
Corporate Housing
  • Utilities Included
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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
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The Laurel Condos
2 Bedroom Apartments

The Laurel Condos

600 Dotsy AveOdessa, TX 79763
Corporate Housing
  • Utilities Included
Showing Results 1-50, 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. Andalucia Villas has the second largest 2 Bedroom, which is sized at 1,227 square feet and currently listed start at $1,950. 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
Andalucia VillasAlhambra1,227 Sq Ft$1,950
Madison Square2 Bedroom Apartment Home1,200 Sq Ft$1,600
Advenir at Legado RanchJane1,195 Sq Ft$2,019
Sunset LodgeB41,149 Sq Ft$1,728
Country Crest TownhomesTwo Bedroom Townhome1,120 Sq Ft$1,460
Faudree Ranch ApartmentsPecos1,110 Sq Ft$1,629
Cimarron Place ApartmentsE1,100 Sq Ft$1,370
Hemingway House ApartmentsE1,094 Sq Ft$1,705
The Woodlands Apartment HomesSouth Plains-Classic1,086 Sq Ft$1,475

Cheapest Available Penwell and Nearby 2 Bedroom Apartments

As of January 07, 2026 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 2 Bedroom Apartment Home Model at Sunset starting at $999 . The average price for all 2 Bedroom apartments in Penwell is currently $1,439. Here is today’s list of the cheapest available 2 Bedroom options in Penwell:

Apartment ListingModel NamePriced From
Mission Village of Monahans2 Bedroom$899
Sunset2 Bedroom Apartment Home$999
Brookview2 Bedroom Apartment Home$1,099
Woodview2 Bedroom Apartment Home$1,100
Seville ApartmentsTwo Bedroom$1,100
Alturas EleventhElevate$1,125
AlaraB1$1,180
Southgate2 Bedroom Apartment Home$1,199
Trestles Condominiums2 Bedroom W/D Connection$1,200
Brady Station ApartmentsThe Vienna$1,223

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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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 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Penwell, TX Rentals by Map

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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 Mission Village of Monahans listed at $899.

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

The average rent for a 2 Bedroom Apartment in Penwell is $1,439.

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 1,416 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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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!