Cheap Apartments for Rent in the Penrose Neighborhood of Arlington, VA from $1,300 (17 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Penrose area of Arlington.

property at 2712 1st St S

$1,250

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

4 Bedroom, 2 Bath Home for Rent

Available Now

2712 1st St S

ArlingtonVA22204
property at 1830 Columbia Pike

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

Studio, 1 Bath Home for Rent

Available Now

1830 Columbia Pike

ArlingtonVA22204

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property at 133 S Courthouse Rd

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

1 Bedroom, 1 Bath Home for Rent

Available Now

133 S Courthouse Rd

ArlingtonVA22204

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.

property at 131 S Courthouse Rd

$1,825

Total Monthly Price

Total Monthly Price

Base Rent
$1,825

Total Monthly Price
$1,825

1 Bedroom, 1 Bath Home for Rent

Available Now

131 S Courthouse Rd

ArlingtonVA22204
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2121 Columbia Pike
Studio to 2 Bedroom Apartments

2121 Columbia Pike

2121 Columbia PikeArlington, VA 22204
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2112 Columbia Pike
1 to 2 Bedroom Apartments

2112 Columbia Pike

2112 Columbia PikeArlington, VA 22204
  • Utilities Included

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property at 2603 Arlington Blvd

$1,775

Total Monthly Price

Total Monthly Price

Base Rent
$1,775

Total Monthly Price
$1,775

1 Bedroom, 1 Bath Condo for Rent

Available Now

2603 Arlington Blvd

ArlingtonVA22201

Penrose, Arlington, VA Local Guide

Cheapest Available Penrose Apartments for Rent

 

The cheapest available apartment rental in the Penrose area of Washington, VA is a 2 Beds unit found at Fillmore Garden Apartments priced from $1,459. Cortland on Pike has the second lowest priced unit, which is a Studio apartment currently listed from $1,518. Here are the most affordable Penrose apartments for rent in Washington, VA:

Apartment ListingModel NameBed/BathPriced From
Fillmore Garden Apartments2 Bedroom Classic2BR,1BA$1,459
Cortland on PikeS3 - AffordableStudio,1BA$1,518
Dorchester Towers ApartmentsStudioStudio,1BA$1,660
Dominion TowersOne Bedroom/One Bath1BR,1BA$1,771
Cortland Columbia PikeS4Studio,1BA$1,901

Best Value Apartments for Rent in Penrose, VA

As of July 05, 2026 the best value apartment in the Penrose area is the $2.82 price per square foot B2 Model at Eagle Rock Apartments at Columbia Pike in the in the Cherrydale neighborhood starting from $2,779. The second greatest value Penrose apartment is the B1 Model at Shawnee Apartments starting at $2,234 with a $2.71 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Eagle Rock Apartments at Columbia PikeB22BR,2BA$2.82
Shawnee ApartmentsB12BR,1BA$2.71
Dominion TowersOne Bedroom/One Bath1BR,1BA$2.32
Penrose Square Apartments1B-B21BR,1BA$3.04
Fillmore Garden Apartments1 Bedroom Renovated1BR,1BA$2.31
2200 Columbia Pike101BR,1BA$3.25
Cortland on PikeS2Studio ,1BA$3.24
Siena Parka011BR,1BA$3.80
Dorchester Towers ApartmentsStudioStudio ,1BA$3.22
Cortland Columbia PikeA11BR,1BA$4.21

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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Quick Rent Budget Calculator

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 Lifestyle
Penrose, Arlington, VA

Ranked #43

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 $1,518.

How much is rent for a Cheap One Bedroom Penrose Apartment?

The lowest price for a Cheap One Bedroom Penrose Apartment is $1,459 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 $1,459 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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