Apartments for Rent in Penfield, NY

Prices and availability in Penfield, NY were last updated on 24 Aug 2026.

The best apartments in Penfield, NY are: Penbrooke Meadows Apartment Homes, Creek Hill Apartment Homes, The Club at Waters Edge, Willow Pond Apartments & Townhouses and Penfield Village Apartment Homes.

The average rent in Penfield, NY is $1,722.

The price range for a studio apartment in Penfield, NY is between $1,458 and $1,711.

The price range for a 1-bedroom apartment in Penfield, NY is between $1,375 and $4,400.

The price range for a 2-bedroom apartment in Penfield, NY is between $1,555 and $3,500.

The price range for a 3-bedroom apartment in Penfield, NY is between $1,458 and $4,400.

In Penfield, 21% of the residents are renting compared to 79% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 15% of Penfield's rentals, 69% are small-scale complexes with under 50 units, and 13% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Penfield are about 37 years old, on average. Of these, 33% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 2 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Penfield are around 2% of rentals, while 1-bedroom floor plans represent 35% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 54% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.