Apartments for Rent in Penfield, NY

Prices and availability in Penfield, NY were last updated on 14 May 2026.

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

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

The price range for a 1-bedroom apartment in Penfield, NY is between $1,420 and $4,400.

The price range for a 2-bedroom apartment in Penfield, NY is between $1,335 and $3,750.

The price range for a 3-bedroom apartment in Penfield, NY is between $1,680 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 17% of Penfield's rentals, 67% 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.

Rental apartments in Penfield come in a range of sizes and floorplans. Studio apartments represent 2% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 35% of the total apartments in the city, while 2-bedroom floorplans represent around 54% of all rentals in Penfield. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.