2 Bedroom Apartments for Rent in Penwell, TX (41 Rentals)

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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Village Place
2 Bedroom Apartments

Village Place

1220 Adams AveOdessa, TX 79761
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High Plains
2 Bedroom Apartments

High Plains

3727 Andrews HwyOdessa, TX 79762
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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. Madison Square has the second largest 2 Bedroom, which is sized at 1,200 square feet and currently listed start at $1,650. 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
Madison Square2 Bedroom Apartment Home1,200 Sq Ft$1,650
Advenir at Legado RanchOakley1,161 Sq Ft$1,699
SUNSET LODGEB41,149 Sq Ft$1,675
Andalucia VillasPicasso1,143 Sq Ft$1,845
Country Crest TownhomesTwo Bedroom Townhome1,120 Sq Ft$1,510
The Woodlands Apartment HomesSouth Plains-Classic1,086 Sq Ft$1,475
ARBOR OAKSAO-21,080 Sq Ft$943
Latitude 31°2x2 Admiral1,071 Sq Ft$1,950
Mission Village of Monahans2 Bedroom1,070 Sq Ft$899

Cheapest Available Penwell and Nearby 2 Bedroom Apartments

As of April 23, 2025 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 AO-2 Model at ARBOR OAKS starting at $943 . The average price for all 2 Bedroom apartments in Penwell is currently $1,504. Here is today’s list of the cheapest available 2 Bedroom options in Penwell:

Apartment ListingModel NamePriced From
Mission Village of Monahans2 Bedroom$899
ARBOR OAKSAO-2$943
Brady Station ApartmentsThe Vienna$1,093
AlaraB1$1,129
Alturas PenbrookElevate$1,175
Trestles Condominiums2 Bedroom W/D Connection$1,200
University GardensB1$1,200
Sunset2 Bedroom Apartment Home$1,234
The Woodlands Apartment HomesCross Timber-Classic$1,250
Westwinds Village2/2, 880 sq ft$1,250

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Frequently Asked Questions about 2 Bedroom Penwell Apartments

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

The average rent for a 2 Bedroom Apartment in Penwell is $1,504.

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 1,454 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 Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.