
2 Bedroom Apartments for Rent in Penelope, TX (45 Rentals)


URSA

LUXE AT 1300

Outpost at Waco

Historic Lofts at Waco High

The Green at Waco

Woodhollow Apartments

The Enclave at the Stadium

University Club Apartments

Brazos Park Apartments

Carriage House

2025 Lafayette St

1500 Lake Shore Dr

1140 Faulkner Ln

3119 Pipkin Ln

1213 Kilgore Ln

718 Rusk St

1107 Chestnut St

512 Herring Ave

400 Sun Prairie Trail

309 Station Creek Dr

11933 NW Co Rd 2170
Penelope, TX Local Guide

How much does it cost to rent an apartment in Penelope?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Penelope Studio Apartments | $1,503 | $639 | $1,635 |
Penelope 1 Bedroom Apartments | $1,431 | $655 | $2,915 |
Penelope 2 Bedroom Apartments | $1,551 | $770 | $3,835 |
Penelope 3 Bedroom Apartments | $1,362 | $700 | $2,673 |
Penelope 4 Bedroom Apartments | $1,053 | $690 | $2,900 |
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Penelope, TX Local Guide
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Largest Available Penelope and Nearby 2 Bedroom Apartments
The largest available 2 Bedroom apartment unit in Penelope, TX is found at Carriage House in the North End neighborhood and is 1,265 square feet priced from $1,395. LUXE AT 1300 in the South End neighborhood has the second largest 2 Bedroom, which is sized at 1,191 square feet and currently listed start at $1,350. Here is today’s list of the largest available 2 Bedroom units in Penelope:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
Carriage House | 1265 sq ft 2 bed | 1,265 Sq Ft | $1,395 |
LUXE AT 1300 | Oxford | 1,191 Sq Ft | $1,350 |
The Centre | 2/2.5 | 1,162 Sq Ft | $1,399 |
Riverfront Lofts | B2 | 1,134 Sq Ft | $2,210 |
RIVERCREST | B2 | 1,100 Sq Ft | $1,459 |
Outpost at Waco | B2 | 989 Sq Ft | $885 |
Sandstone | 2 Bed, 2 Bath (80% Income Restricted) | 943 Sq Ft | $1,187 |
The Green at Waco | B3.1 Yard | 941 Sq Ft | $1,022 |
The Zoe | The Bronco | 927 Sq Ft | $1,500 |
Highland Cove | 2 BR B | 866 Sq Ft | $1,075 |
Cheapest Available Penelope and Nearby 2 Bedroom Apartments
As of March 14, 2025 the lowest priced 2 Bedroom apartment unit in Penelope, TX is the 2 Bed/1 Bath Model starting from $839 at Eagle Crest Apartments in the Carver neighborhood. The second most affordable Penelope 2 Bedroom is the Two Bedroom Small Model at University Club Apartments starting at $849 . The average price for all 2 Bedroom apartments in Penelope is currently $1,551. Here is today’s list of the cheapest available 2 Bedroom options in Penelope:
Apartment Listing | Model Name | Priced From |
---|---|---|
Eagle Crest Apartments | 2 Bed/1 Bath | $839 |
University Club Apartments | Two Bedroom Small | $849 |
The Meadows Apartments | Two Bedroom | $910 |
URSA | 2BR/2BA - Flat | $985 |
Eleven06 on 35 | B2-U | $1,050 |
Highland Cove | 2 BR B | $1,075 |
Sandstone | 2 Bed, 2 Bath (80% Income Restricted) | $1,187 |
The Centre | 2/2 | $1,299 |
LUXE AT 1300 | Medras | $1,306 |
Carriage House | 1265 sq ft 2 bed | $1,395 |
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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 2 Bedroom Penelope Apartments
What is the Cheapest apartment in Penelope with 2 Bedroom?
Currently the most affordable 2 Bedroom in Penelope is at Eagle Crest Apartments listed at $839.
How much is the average rent for a 2 Bedroom Penelope Apartment?
The average rent for a 2 Bedroom Apartment in Penelope is $1,551.
What is the largest available 2 Bedroom Penelope Apartment for rent?
Today's apartment with the most square footage in Penelope is a 1,265 square feet unit starting from $1,395 at Carriage House.
What is the average size for Penelope 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Penelope is currently 922 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.

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.

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.

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.

Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.