3 Bedroom Apartments for Rent near Penwell, TX (37 Rentals)

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Village Place
$1,3873 Bedroom Apartments Available Now

Village Place

1220 Adams AveOdessa, TX 79761
Corporate Housing
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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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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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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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Showing Results 1-37, Page 1 of 1

Penwell, TX Local Guide

Largest Available Penwell and Nearby 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Penwell, TX is found at Andalucia Villas and is 1,408 square feet priced from $2,255. Westwinds Village has the second largest 3 Bedroom, which is sized at 1,300 square feet and currently listed start at $1,675. Here is today’s list of the largest available 3 Bedroom units in Penwell:

Apartment ListingModel NameSquare FootagePriced From
Andalucia VillasGranada1,408 Sq Ft$2,255
Westwinds Village3/2, 1300 sq ft1,300 Sq Ft$1,675
Mission Village of Monahans3 Bedroom1,237 Sq Ft$1,201
Arbor Terrace TownhomesD1,213 Sq Ft$1,336
Arbor OaksAO-31,143 Sq Ft$824
BrookviewC11,120 Sq Ft$1,550
SouthgateC11,064 Sq Ft$1,713
AlaraC11,028 Sq Ft$1,545
Village Place3 Bedroom875 Sq Ft$1,387

Cheapest Available Penwell and Nearby 3 Bedroom Apartments

As of July 10, 2026 the lowest priced 3 Bedroom apartment unit in Penwell, TX is the AO-3 Model starting from $824 at Arbor Oaks . The second most affordable Penwell 3 Bedroom is the 3 Bedroom Model at Mission Village of Monahans starting at $1,201 . The average price for all 3 Bedroom apartments in Penwell is currently $1,867. Here is today’s list of the cheapest available 3 Bedroom options in Penwell:

Apartment ListingModel NamePriced From
Arbor OaksAO-3$824
Mission Village of Monahans3 Bedroom$1,201
Arbor Terrace TownhomesD$1,336
Village Place3 Bedroom$1,387
AlaraC1$1,545
Westwinds Village3/2, 1040 sq ft$1,550
BrookviewC1$1,550
SouthgateC1$1,713
Andalucia VillasGranada$2,255

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 3 Bedroom Penwell Apartments

How much is the average rent for a 3 Bedroom Penwell Apartment?

The average rent for a 3 Bedroom Apartment in Penwell is $1,867.

What is the largest available 3 Bedroom Penwell Apartment for rent?

Today's apartment with the most square footage in Penwell is a 1,408 square feet unit starting from $2,255 at Andalucia Villas.

What is the average size for Penwell 3 Bedroom Apartments for rent?

The average size for a 3 Bedroom rental in Penwell is currently 1,635 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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.