1 Bedroom Apartments for Rent in Penelope, TX (39 Rentals)

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South Terrace
1 Bedroom Apartments

South Terrace

2616 S 12th StWaco, TX 76706
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The Madison
1 Bedroom Apartments

The Madison

1307 Austin AveWaco, TX 76701
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Derek Ville
1 Bedroom Apartments

Derek Ville

111 County Road 1812Clifton, TX 76634
  • Utilities Included
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West Campus Lofts
1 Bedroom Apartments

West Campus Lofts

805 S 8th StWaco, TX 76706
Student Housing
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Riverfront Lofts
1 Bedroom Apartments

Riverfront Lofts

414 S University Parks DrWaco, TX 76706
Showing Results 1-39, Page 1 of 1

Penelope, TX Local Guide

Largest Available Penelope and Nearby 1 Bedroom Apartments

The largest available 1 Bedroom apartment unit in Penelope, TX is found at LUXE AT 1300 in the Oakwood neighborhood and is 947 square feet priced from $1,278. Highland Cove in the North End neighborhood has the second largest 1 Bedroom, which is sized at 808 square feet and currently listed start at $1,025. Here is today’s list of the largest available 1 Bedroom units in Penelope:

Apartment ListingModel NameSquare FootagePriced From
LUXE AT 1300Buckram947 Sq Ft$1,278
Highland Cove1 BR A-2 808 Sq Ft$1,025
222 Clay Court1 Bedroom Upstairs-with Porch800 Sq Ft$1,425
101 Elm1 Bedroom 1 Bath800 Sq Ft$1,425
Stratton Lofts800 Sq Ft$1,625
Riverfront LoftsA4795 Sq Ft$1,815
RIVERCRESTA4790 Sq Ft$1,201
Carriage House785 sq ft 1 bed785 Sq Ft$1,200
The Green at WacoA1 Townhome w/ Garage780 Sq Ft$1,725
Outpost at WacoA1761 Sq Ft$1,650

Cheapest Available Penelope and Nearby 1 Bedroom Apartments

As of April 14, 2025 the lowest priced 1 Bedroom apartment unit in Penelope, TX is the 1x1 Model starting from $658 at South Terrace in the South End neighborhood. The second most affordable Penelope 1 Bedroom is the One Bedroom Model at The Meadows Apartments starting at $795 in the Carver neighborhood. The average price for all 1 Bedroom apartments in Penelope is currently $1,149. Here is today’s list of the cheapest available 1 Bedroom options in Penelope:

Apartment ListingModel NamePriced From
South Terrace1x1$658
The Meadows ApartmentsOne Bedroom$795
Eleven06 on 35 Apartments1 Bedroom, 1 Bath$798
University Club ApartmentsOne Bedroom$799
Sandstone1 Bed, 1 Bath (80% Income Restricted)$854
Woodhollow ApartmentsA1-D 1X1$924
Madison HighlandsAnderson$979
The Enclave at the StadiumA1$1,003
Highland Cove1 BR A $1,010
19Eleven1 Bedroom 1 Bath$1,049

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Getting Around Penelope, TX

Walk Score®

1 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

23 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about 1 Bedroom Penelope Apartments

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

The average rent for a 1 Bedroom Apartment in Penelope is $1,149.

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

Today's apartment with the most square footage in Penelope is a 947 square feet unit starting from $1,278 at LUXE AT 1300.

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

The average size for a 1 Bedroom rental in Penelope is currently 738 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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.