3 Bedroom Apartments for Rent in Penelope, TX (28 Rentals)

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property at 809 N 4th St

809 N 4th St

WacoTX76707

Penelope, TX Local Guide

Largest Available Penelope and Nearby 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Penelope, TX is found at The Centre in the Carver neighborhood and is 1,206 square feet priced from $1,549. Tinsley Place has the second largest 3 Bedroom, which is sized at 1,206 square feet and currently listed start at $1,811. Here is today’s list of the largest available 3 Bedroom units in Penelope:

Apartment ListingModel NameSquare FootagePriced From
The Centre3/2.51,206 Sq Ft$1,549
Tinsley PlaceUptown I 3BR/3BA1,206 Sq Ft$1,811
Outpost at WacoC11,205 Sq Ft$815
Highland Cove3 BR C 1,193 Sq Ft$1,375
Madison HighlandsCamden1,096 Sq Ft$1,379
The Enclave at the StadiumC1952 Sq Ft$1,174
University Club ApartmentsThree Bedroom833 Sq Ft$949

Cheapest Available Penelope and Nearby 3 Bedroom Apartments

As of March 10, 2025 the lowest priced 3 Bedroom apartment unit in Penelope, TX is the Three Bedroom Model starting from $949 at University Club Apartments in the Carver neighborhood. The second most affordable Penelope 3 Bedroom is the C1 Model at The Enclave at the Stadium starting at $1,174 . The average price for all 3 Bedroom apartments in Penelope is currently $1,383. Here is today’s list of the cheapest available 3 Bedroom options in Penelope:

Apartment ListingModel NamePriced From
University Club ApartmentsThree Bedroom$949
The Enclave at the StadiumC1$1,174
Highland Cove3 BR C $1,375
Madison HighlandsCamden$1,379
The Centre3/2.5$1,549
Tinsley PlaceUptown II 3BR/3BA$1,761

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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

Frequently Asked Questions about 3 Bedroom Penelope Apartments

What is the Cheapest apartment in Penelope with 3 Bedroom?

Currently the most affordable 3 Bedroom in Penelope is at University Club Apartments listed at $949.

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

The average rent for a 3 Bedroom Apartment in Penelope is $1,383.

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

Today's apartment with the most square footage in Penelope is a 1,206 square feet unit starting from $1,549 at The Centre.

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

The average size for a 3 Bedroom rental in Penelope is currently 1,493 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.

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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.

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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.