
3 Bedroom Apartments for Rent in Penrose, CO (53 Rentals)


Pueblo Springs

Outlook Ridge

Eldorado Springs

Total Monthly Price
Retreat at Cheyenne Mountain

Total Monthly Price
Mesa Ridge

Meadows At Cheyenne Mountain

Total Monthly Price
Bonterra Lakeside Apartments

Total Monthly Price
Foundry at Pueblo

Mountain View Meadows
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

Total Monthly Price
Cobblestone Ridge

Total Monthly Price
Mesa Gardens

Villas at Park West

The Dairy Mobile Home Park

Pines at Broadmoor

Total Monthly Price
Westmeadow Peaks

Fountain Ridge Apartments

North Ridge Heights

2810 Melvina St

5000 Red Creek Springs Rd
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.

1610 W 18th St

999 Fortino Blvd

803 N Cottonwood Ave

930 Barr Ave

827 Beech Ave

512 W 10th St

1850 Central

530 N Orchard Ave

608 Harding Ave

1216 Harrison Ave
Renting Smart: Lease Basics Every Renter Needs
Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

692 E Hahns Peak Ave

690 E Hahns Peak Ave

230 W Elbow Dr

230 W Elbow Dr

662 S Burro Dr

970 S Coral Pl

153 S Stardust Cir

155 S Stardust Cir

4314 Blueflax Dr

4314 Blueflax Dr
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.

216 S Caddoa Dr

783 S Sweetwater Dr

1140 E Dove Creek Dr

2333 W 19th St

Stonegate Village Apartments

Fort Carson Family Homes

Belmont Heights

The Preserve at Belmont

Landmark Apartments

Wildridge
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.
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 | $1,069 | $818 | $1,301 |
| Penrose 1 Bedroom Apartments | $1,466 | $769 | $2,736 |
| Penrose 2 Bedroom Apartments | $1,765 | $900 | $3,895 |
| Penrose 3 Bedroom Apartments | $1,910 | $1,349 | $3,230 |
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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. Bonterra Lakeside Apartments in the Stratton Meadows neighborhood has the second largest 3 Bedroom, which is sized at 1,414 square feet and currently listed start at $2,096. 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 |
| Bonterra Lakeside Apartments | Sycamore | 1,414 Sq Ft | $2,096 |
| Retreat at Cheyenne Mountain | 3X2-1397-Full Renovation | 1,397 Sq Ft | $2,619 |
| The Garrison Luxury Apartments | Grandiose (C2) | 1,369 Sq Ft | $2,672 |
| Eldorado Springs | Cortez | 1,340 Sq Ft | $2,480 |
| Mesa Ridge | Zenith | 1,264 Sq Ft | $1,999 |
| Westmeadow Peaks | Aspen | 1,194 Sq Ft | $1,683 |
| Fountain Ridge Apartments | FRS | 1,091 Sq Ft | $1,658 |
| Mesa Gardens | The Mesa | 964 Sq Ft | $1,410 |
| Mountain View Meadows | 3 Bedroom, 1 Bath | 904 Sq Ft | $1,395 |
Cheapest Available Penrose and Nearby 3 Bedroom Apartments
As of June 12, 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 The Mesa Model at Mesa Gardens starting at $1,410 . The average price for all 3 Bedroom apartments in Penrose is currently $1,910. 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 |
| Mesa Gardens | The Mesa | $1,410 |
| North Ridge Heights | 3 Bedroom | $1,500 |
| The Dairy | 3BR/1.0BA | $1,595 |
| Fountain Ridge Apartments | FRS | $1,658 |
| Westmeadow Peaks | Vail | $1,683 |
| Broadmoor Springs | Three Bed Two Bath - C1 | $1,990 |
| Mesa Ridge | Zenith | $1,999 |
| Bonterra Lakeside Apartments | Sycamore | $2,096 |
| Eldorado Springs | Cortez | $2,480 |
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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Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 $1,910.
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 1,180 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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.