
3 Bedroom Apartments for Rent in Penrose, CO (49 Rentals)


Pueblo Springs

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Outlook Ridge

Eldorado Springs

Retreat at Cheyenne Mountain

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The Garrison Luxury Apartments

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Mesa Ridge

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Bonterra Lakeside Apartments

Meadows At Cheyenne Mountain

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Foundry at Pueblo
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Cobblestone Ridge

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Mesa Gardens

Villas at Park West

The Dairy Mobile Home Park

Westmeadow Peaks

Pines at Broadmoor

North Ridge Heights

119 Green St

2810 Melvina St

733 E Laporte Dr
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.

510 N 19th St

218 E Main St

108 Cottage Ln

340 Barrett Ave

827 Beech Ave

930 Barr Ave

1328 Woodmoor Ln

652 Cowboy Way

1216 Harrison Ave

1 Sawyer Ln
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.

55 Wild Rose Dr

970 S Coral Pl

422 Storm Ridge Dr

654 Cowboy Way

817 S Wolcott Dr

1905 Tioga Ln

1325 N Challenger Pl

3566 Saddle Dr

Mountain View Meadows

Stonegate Village Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Fort Carson Family Homes

Belmont Heights

The Preserve at Belmont

Landmark Apartments

Wildridge

The Vistas at Villa Bella

Broadmoor Springs

Overlook at Fountain Creek

Broadmoor Ridge
Penrose, CO Local Guide

How much does it cost to rent an apartment in Penrose?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penrose Studio Apartments | $1,037 | $818 | $1,224 |
| Penrose 1 Bedroom Apartments | $1,439 | $695 | $2,540 |
| Penrose 2 Bedroom Apartments | $1,814 | $900 | $3,575 |
| Penrose 3 Bedroom Apartments | $2,117 | $1,349 | $3,430 |
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Penrose, CO Local Guide
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Largest Available Penrose and Nearby 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in Penrose, CO is found at North Ridge Heights in the Sky View neighborhood and is 1,450 square feet priced from $1,500. The Garrison Luxury Apartments in the The Heights at Cross Creek neighborhood has the second largest 3 Bedroom, which is sized at 1,369 square feet and currently listed start at $2,672. Here is today’s list of the largest available 3 Bedroom units in Penrose:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| North Ridge Heights | 3 Bedroom | 1,450 Sq Ft | $1,500 |
| The Garrison Luxury Apartments | Grandiose (C2) | 1,369 Sq Ft | $2,672 |
| Eldorado Springs | Cortez | 1,340 Sq Ft | $2,680 |
| Broadmoor Ridge | Sagebrush | 1,030 Sq Ft | $1,846 |
| The Dairy Mobile Home Park | 3BR/2.0BA | 924 Sq Ft | $1,699 |
| Mountain View Meadows | 3 Bedroom, 1 Bath | 904 Sq Ft | $1,395 |
Cheapest Available Penrose and Nearby 3 Bedroom Apartments
As of April 28, 2026 the lowest priced 3 Bedroom apartment unit in Penrose, CO is the 3 Bedroom, 1 Bath Model starting from $1,395 at Mountain View Meadows in the The Heights at Cross Creek neighborhood. The second most affordable Penrose 3 Bedroom is the 3 Bedroom Model at North Ridge Heights starting at $1,500 in the Sky View neighborhood. The average price for all 3 Bedroom apartments in Penrose is currently $2,117. Here is today’s list of the cheapest available 3 Bedroom options in Penrose:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Mountain View Meadows | 3 Bedroom, 1 Bath | $1,395 |
| North Ridge Heights | 3 Bedroom | $1,500 |
| The Dairy Mobile Home Park | 3BR/1.0BA | $1,595 |
| Broadmoor Ridge | Sagebrush | $1,846 |
| The Garrison Luxury Apartments | Suite (C1) | $2,412 |
| Eldorado Springs | Cortez | $2,680 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Penrose, CO Rentals by Map
See the most popular apartments and homes in Penrose, CO
Frequently Asked Questions about 3 Bedroom Penrose Apartments
What is the Cheapest apartment in Penrose with 3 Bedroom?
Currently the most affordable 3 Bedroom in Penrose is at Mountain View Meadows listed at $1,395.
How much is the average rent for a 3 Bedroom Penrose Apartment?
The average rent for a 3 Bedroom Apartment in Penrose is $2,117.
What is the largest available 3 Bedroom Penrose Apartment for rent?
Today's apartment with the most square footage in Penrose is a 1,450 square feet unit starting from $1,500 at North Ridge Heights.
What is the average size for Penrose 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Penrose is currently 1,480 sq ft.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.