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$1,325 - $1,467
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilityBuckingham Village
2011 4th St SArlington, VA 22204
Cheap Apartments for Rent in the Penrose Neighborhood of Arlington, VA from $1,300 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Penrose area of Arlington.
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$1,449 - $2,269
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowFillmore Garden Apartments
805 S Walter Reed DrArlington, VA 22204
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$1,515 - $3,180
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowDorchester Apartments
2040 Columbia PikeArlington, VA 22204
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$1,650 - $3,809
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1 to 2 Bedroom Apartments Available Now2200 Columbia Pike
2200 Columbia PikeArlington, VA 22204
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$1,689 - $2,494
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,665 - $2,470
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Total Monthly Price
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Shawnee Apartments
700 S Court House RdArlington, VA 22204
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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Rent Specials
$1,700 - $3,506
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowDorchester Towers Apartments
2001 Columbia PikeArlington, VA 22204
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$1,725
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityWayne Street Apartments
500 S Wayne StArlington, VA 22204
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$1,743 - $3,784
Plus Fees
Studio to 2 Bedroom Apartments Available NowDominion Towers
1201 S Courthouse RdArlington, VA 22204
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$1,880 - $4,417
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Studio to 3 Bedroom Apartments Available NowPenrose Square Apartments
2501 9th Rd SArlington, VA 22204
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$1,979 - $4,162
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Studio to 2 Bedroom Apartments Available NowSiena Park
2301 Columbia PikeArlington, VA 22204
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$2,179 - $2,969
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$2,145 - $2,935
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$34
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$2,179 - $2,969
Eagle Rock Apartments at Columbia Pike
1957 Columbia PikeArlington, VA 22204
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Studio to 2 Bedroom Apartments
2121 Columbia Pike
2121 Columbia PikeArlington, VA 22204
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1 to 2 Bedroom Apartments
2112 Columbia Pike
2112 Columbia PikeArlington, VA 22204
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1 to 2 Bedroom Apartments
Walter Reed Apartments
500 S Walter Reed DrArlington, VA 22204
2603 Arlington Blvd
ArlingtonVA22201
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
2509 Arlington Blvd
ArlingtonVA22201
310 S Veitch St
ArlingtonVA22204
Showing Results 1-17, Page 1 of 1
Penrose, Arlington, VA Local Guide
How much does it cost to rent an apartment in Penrose?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penrose Studio Apartments | $1,790 | $1,438 | $5,208 |
| Penrose 1 Bedroom Apartments | $2,218 | $1,325 | $8,716 |
| Penrose 2 Bedroom Apartments | $2,812 | $1,467 | $10,000+ |
| Penrose 3 Bedroom Apartments | $3,776 | $2,365 | $10,000+ |
| Penrose 4 Bedroom Apartments | $8,031 | $8,031 | $8,031 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Penrose Neighborhood of Arlington, VA.
See all Apartments in ArlingtonExplore Arlington
Penrose, Arlington, VA Local Guide
- Nearby Arlington neighborhoods
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Cheapest Available Penrose Apartments for Rent
The cheapest available apartment rental in the Penrose area of Washington, VA is a Studio unit found at Cortland on Pike priced from $1,438. Fillmore Garden Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,449. Here are the most affordable Penrose apartments for rent in Washington, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cortland on Pike | S3 | Studio,1BA | $1,438 |
| Fillmore Garden Apartments | 1 Bedroom Classic | 1BR,1BA | $1,449 |
| Dorchester Towers Apartments | Studio with Balcony | Studio,1BA | $1,700 |
| Dominion Towers | One Bedroom/One Bath | 1BR,1BA | $1,743 |
| Cortland Columbia Pike | S4 | Studio,1BA | $1,847 |
Best Value Apartments for Rent in Penrose, VA
As of May 21, 2026 the best value apartment in the Penrose area is the $2.09 price per square foot 2 Bedroom Model at Dorchester Apartments in the in the Ashton Heights neighborhood starting from $2,220. The second greatest value Penrose apartment is the B2 Model at Eagle Rock Apartments at Columbia Pike starting at $2,844 with a $2.89 price per square foot in the Cherrydale neighborhood. Here is today’s list of the best values for Penrose apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Dorchester Apartments | 2 Bedroom | 2BR,1BA | $2.09 |
| Eagle Rock Apartments at Columbia Pike | B2 | 2BR,2BA | $2.89 |
| Shawnee Apartments | B1 | 2BR,1BA | $2.71 |
| Dominion Towers | One Bedroom/One Bath | 1BR,1BA | $2.28 |
| Siena Park | a12 | 1BR,1BA | $3.32 |
| Fillmore Garden Apartments | 1 Bedroom Renovated | 1BR,1BA | $2.26 |
| Penrose Square Apartments | 1B-P3 STUD | Studio ,1BA | $3.31 |
| 2200 Columbia Pike | 9 | 1BR,1BA | $3.32 |
| Cortland on Pike | S1 - Affordable | Studio ,1BA | $2.78 |
| Dorchester Towers Apartments | Studio with Balcony | Studio ,1BA | $3.29 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Pet Friendly LifestylePenrose, Arlington, VA
Ranked #43
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Penrose Apartments
What is the Cheapest Studio apartment in Penrose?
Currently the most affordable Cheap Studio Apartment in Penrose is at Cortland on Pike listed at $1,438.
How much is rent for a Cheap One Bedroom Penrose Apartment?
The lowest price for a Cheap One Bedroom Penrose Apartment is $1,449 at Fillmore Garden Apartments.
What is the lowest price for a Cheap Two Bedroom Penrose Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Penrose is starting from $1,749 at Fillmore Garden Apartments.
Expert Rental Resources
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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