Apartments for Rent in Penrose, CO (93 Rentals)

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property at 5101 Co Rd 123

$2,950

Total Monthly Price

Total Monthly Price

Base Rent
$2,950

Total Monthly Price
$2,950

3 Bedroom, 2 Bath Home for Rent

Available Now

5101 Co Rd 123

PenroseCO81240
property at 655 3rd St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

3 Bedroom, 2 Bath Home for Rent

Available Now

655 3rd St

PenroseCO81240
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Pueblo Springs
$1,899 - $2,999
Total Monthly Price

Total Monthly Price

Base Rent
$1,899 - $2,999

Total Monthly Price
$1,899 - $2,999
1 to 3 Bedroom Apartments Available Now

Pueblo Springs

3300 W 31ST StPueblo, CO 81008
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Cheyenne Crossing
Rent Specials
$1,229 - $1,803
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,225 - $1,799
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Cheyenne Crossing

640 Wycliffe DrColorado Springs, CO 80906
Student Housing
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Quail Cove
Rent Specials
$1,474 - $1,799
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Quail Cove

3308 Quail Lake RdColorado Springs, CO 80906
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Retreat at Cheyenne Mountain
Rent Specials
$1,584 - $2,530
Total Monthly Price

Total Monthly Price

Base Rent
$1,534 - $2,480
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Retreat at Cheyenne Mountain

1735 Presidential HtsColorado Springs, CO 80905
Affordability
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Mountain View
$1,425 - $3,377
Total Monthly Price

Total Monthly Price

Base Rent
$1,420 - $3,372
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Aug 27

Mountain View

4085 Westmeadow DrColorado Springs, CO 80906
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The Reserve
$1,000 - $1,175
Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $1,175

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Contact Us For Availability

The Reserve

1007 Ruppel StPueblo, CO 81001
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Mesa Ridge
Rent Specials
$1,449 - $2,369
Total Monthly Price

Total Monthly Price

Base Rent
$1,449 - $2,369

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Mesa Ridge

7765 S Pitcher Point PtFountain, CO 80817
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Bonterra Lakeside Apartments
Rent Specials
$1,608 - $2,077
Total Monthly Price

Total Monthly Price

Base Rent
$1,598 - $2,067
Required Monthly Fees
$10

Total Monthly Price
$1,608 - $2,077
1 to 3 Bedroom Apartments Available Now

Bonterra Lakeside Apartments

890 Quail Lake CirColorado Springs, CO 80906
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Foundry at Pueblo
Rent Specials
$769 - $1,349
Total Monthly Price

Total Monthly Price

Base Rent
$769 - $1,349

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Foundry at Pueblo

2025 Jerry Murphy RdPueblo, CO 81001
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Cobblestone Ridge
$1,420 - $2,297
Total Monthly Price

Total Monthly Price

Base Rent
$1,420 - $2,297

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Cobblestone Ridge

4125 Pebble Ridge CirColorado Springs, CO 80906
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Mesa Gardens
Rent Specials
$1,250 - $1,630
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950 - $1,330
Required Monthly Fees
$300

Total Monthly Price
$1,250 - $1,630
1 to 4 Bedroom Apartments Available Now

Mesa Gardens

2207 E 12th StPueblo, CO 81001
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Cottages at Mesa Ridge
Rent Specials
$1,679 - $3,506
Total Monthly Price

Total Monthly Price

Base Rent
$1,637 - $3,464
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Cottages at Mesa Ridge

7580 Segundo GroveFountain, CO 80817
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Villas at Park West
Rent Specials
$1,229 - $2,034
Total Monthly Price

Total Monthly Price

Base Rent
$1,204 - $2,009
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Villas at Park West

3131 E Spaulding AvePueblo, CO 81008
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Briarwood Apartments
$995 - $1,095
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$995 - $1,095

Total Monthly Price
$995 - $1,095
2 Bedroom Apartments Contact Us For Availability

Briarwood Apartments

2032 Carlee DrPueblo, CO 81005
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Westmeadow Peaks
$1,218 - $1,683
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,218 - $1,683

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Westmeadow Peaks

1472 Meadow Peak VwColorado Springs, CO 80906
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Lookout at Broadmoor
Rent Specials
$880 - $1,470
Total Monthly Price

Total Monthly Price

Base Rent
$880 - $1,470

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Lookout at Broadmoor

810-816 Oxford LnColorado Springs, CO 80905
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Cheyenne Crest
$1,152 - $2,015
Total Monthly Price

Total Monthly Price

Base Rent
$1,152 - $2,015

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Cheyenne Crest

4008 Westmeadow DrColorado Springs, CO 80906
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Pines at Broadmoor
$2,070 - $2,458
Total Monthly Price

Total Monthly Price

Base Rent
$2,063 - $2,451
Required Monthly Fees
Varies

Total Monthly Price
Varies
2 to 3 Bedroom Apartments Available Now

Pines at Broadmoor

5 Watch Hill DrColorado Springs, CO 80906
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Neighborhood & Market Insights: How to Choose the Right Area to Rent

Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.

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Garrison Edge
$774 - $1,349
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$774 - $1,349

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Garrison Edge

1026 Rice DrColorado Springs, CO 80905
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The Aberdeen Apartments
$945 - $1,008
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$945 - $1,008

Total Monthly Price
$945 - $1,008
Studio to 1 Bedroom Apartments Available Now

The Aberdeen Apartments

900 W Abriendo AvePueblo, CO 81004
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property at 104 E Main St

$1,000

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Townhome for Rent

Available Now

104 E Main St

FlorenceCO81226

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 1502 Locust St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

1502 Locust St

Canon CityCO81212
property at 2160 Washington St

$1,050

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 1.5 Bath Home for Rent

Available Now

2160 Washington St

Canon CityCO81212
property at 1513 Greenwood Ave

$1,050

Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 1 Bath Home for Rent

Available Now

1513 Greenwood Ave

Canon CityCO81212
property at 803 Phay Ave

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

803 Phay Ave

Canon CityCO81212
property at 1370 Washington St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 2 Bath Townhome for Rent

Available Now

1370 Washington St

Canon CityCO81212
property at 408 Rudd Ave

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

3 Bedroom, 1 Bath Home for Rent

Available Sep 10

408 Rudd Ave

Canon CityCO81212
property at 831 Capitol Hill St

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

2 Bedroom, 1 Bath Home for Rent

Available Now

831 Capitol Hill St

Canon CityCO81212
property at 1120 1/2 S 9th St

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

3 Bedroom, 1.5 Bath Home for Rent

Available Now

1120 1/2 S 9th St

Canon CityCO81212
property at 123 W Cokedale Dr

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975

2 Bedroom, 1 Bath Home for Rent

Available Now

123 W Cokedale Dr

Pueblo WestCO81007
property at 163 W Cokedale Dr

$1,055

Total Monthly Price

Total Monthly Price

Base Rent
$1,055

Total Monthly Price
$1,055

2 Bedroom, 1 Bath Condo for Rent

Available Now

163 W Cokedale Dr

Pueblo WestCO81007

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Penrose, CO Local Guide

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Penrose, CO Rentals by Map

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Frequently Asked Questions about Penrose

What is the current pricing and availability for apartments for rent in Penrose, CO?

As of today, August 21, 2026, there are currently 93 available Penrose apartments priced from $785 to $3,895, with an average monthly rent of $1,595.

How much are Studio apartments in Penrose?

There are currently 11 Studio Apartments in Penrose with rent ranges from $824 to $1,527 with an average price of $994.

What is the current price range for One Bedroom Penrose Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Penrose ranges from $785 to $2,400 with an average monthly rent of $1,365.

What does renting a Two Bedroom Apartment in Penrose cost?

The monthly rent prices of Two Bedroom Apartments currently available in Penrose range from $900 to $3,895. Today's average rental price for Two Bedrooms here is $1,766.

How expensive are Penrose Three Bedroom Apartments?

There are currently 30 Three Bedroom Apartments listings available in Penrose on ApartmentHomeLiving.com. The pricing ranges from $1,199 to $3,230 - averaging $1,969 for the location.

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.

Articles, How-To's, and Tips

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.