
3 Bedroom Apartments for Rent near Penrose, CO (51 Rentals)


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Pueblo Springs

Outlook Ridge

Eldorado Springs

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Retreat at Cheyenne Mountain

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Mesa Ridge

Meadows At Cheyenne Mountain

Bonterra Lakeside Apartments

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Foundry at Pueblo

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Mountain View Meadows
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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Cobblestone Ridge

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Mesa Gardens

Villas at Park West

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Garrison Edge

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Westmeadow Peaks

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Pines at Broadmoor

The Dairy Mobile Home Park

Fountain Ridge Apartments

North Ridge Heights

5000 Red Creek Springs Rd
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.

1610 W 18th St

98 E Byrd Dr

2812 3rd Ave

886 S Dante Dr

1102 N 11th St

1850 Central

161 S Stardust Cir

251 W Acorn Dr

1613 Grand Ave

690 E Hahns Peak Ave
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.

710 S Walton Dr

230 W Elbow Dr

230 W Elbow Dr

968 S Coral Pl

155 S Stardust Cir

3002 W 22nd St

813 Ardath Ln

813 Ardath Ln

2333 W 19th St

420 S Clarion Dr
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.

1058 E Ranch Dr

1140 E Dove Creek Dr

Stonegate Village Apartments

Fort Carson Family Homes

Belmont Heights

The Preserve at Belmont

Landmark Apartments

Wildridge

The Vistas at Villa Bella

Overlook at Fountain Creek
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 | $1,047 | $837 | $1,426 |
| Penrose 1 Bedroom Apartments | $1,396 | $769 | $2,400 |
| Penrose 2 Bedroom Apartments | $1,771 | $900 | $3,895 |
| Penrose 3 Bedroom Apartments | $2,003 | $1,199 | $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 Retreat at Cheyenne Mountain in the Westside Colorado Springs neighborhood and is 1,362 square feet priced from $2,289. Eldorado Springs in the Deerfield Hills neighborhood has the second largest 3 Bedroom, which is sized at 1,340 square feet and currently listed start at $2,480. Here is today’s list of the largest available 3 Bedroom units in Penrose:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Retreat at Cheyenne Mountain | 3X2-1362-Full Renovation | 1,362 Sq Ft | $2,289 |
| Eldorado Springs | Cortez | 1,340 Sq Ft | $2,480 |
| Pueblo Springs | The Santa Rita | 1,293 Sq Ft | $2,518 |
| Mesa Ridge | Zenith | 1,264 Sq Ft | $1,999 |
| Outlook Ridge | Sumac | 1,244 Sq Ft | $1,900 |
| Fountain Ridge Apartments | FRS | 1,091 Sq Ft | $1,658 |
| Mountain View Meadows | C1 | 904 Sq Ft | $1,299 |
Cheapest Available Penrose and Nearby 3 Bedroom Apartments
As of July 27, 2026 the lowest priced 3 Bedroom apartment unit in Penrose, CO is the C1 Model starting from $1,299 at Mountain View Meadows in the The Heights at Cross Creek neighborhood. The second most affordable Penrose 3 Bedroom is the 3BR/1.0BA Model at The Dairy Mobile Home Park starting at $1,595 in the Deerfield Hills neighborhood. The average price for all 3 Bedroom apartments in Penrose is currently $2,003. Here is today’s list of the cheapest available 3 Bedroom options in Penrose:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Mountain View Meadows | C1 | $1,299 |
| The Dairy Mobile Home Park | 3BR/1.0BA | $1,595 |
| Fountain Ridge Apartments | FRS | $1,658 |
| Outlook Ridge | Sumac | $1,900 |
| Mesa Ridge | Zenith | $1,999 |
| Retreat at Cheyenne Mountain | 3X2-1362 | $2,289 |
| Eldorado Springs | Cortez | $2,480 |
| Pueblo Springs | The Santa Rita | $2,518 |
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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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 $1,299.
How much is the average rent for a 3 Bedroom Penrose Apartment?
The average rent for a 3 Bedroom Apartment in Penrose is $2,003.
What is the largest available 3 Bedroom Penrose Apartment for rent?
Today's apartment with the most square footage in Penrose is a 1,362 square feet unit starting from $2,289 at Retreat at Cheyenne Mountain.
What is the average size for Penrose 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Penrose is currently 1,511 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

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.

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.

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.