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$769 - $1,349
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$769 - $1,349
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Foundry at Pueblo
2025 Jerry Murphy RdPueblo, CO 81001
Cheap Apartments for Rent in Penrose, CO from $700 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in Penrose.
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$785 - $900
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$785 - $900
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$785 - $900
Stardust Plaza Apartments
3005 Baystate AvePueblo, CO 81005
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$824 - $1,349
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$824 - $1,349
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Garrison Edge
1026 Rice DrColorado Springs, CO 80905
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$837 - $987
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Contact Us For AvailabilityEvergreen
2625 Himes AvePueblo, CO 81004
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$945 - $1,008
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Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$945 - $1,008
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$945 - $1,008
The Aberdeen Apartments
900 W Abriendo AvePueblo, CO 81004
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$986 - $1,115
Plus Fees
1 to 2 Bedroom Apartments Available NowGrand West at Covington
4015 Oneal AvePueblo, CO 81005
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$995 - $1,095
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$995 - $1,095
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$995 - $1,095
Briarwood Apartments
2032 Carlee DrPueblo, CO 81005
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$1,000 - $1,175
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$1,000 - $1,175
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The Reserve
1007 Ruppel StPueblo, CO 81001
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$1,102 - $1,914
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$1,102 - $1,914
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Cheyenne Crest
4008 Westmeadow DrColorado Springs, CO 80906
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$1,150 - $1,565
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$1,150 - $1,565
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Lookout at Broadmoor
810-816 Oxford LnColorado Springs, CO 80905
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$1,199 - $2,871
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$1,149 - $2,821
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Cottages on the Boulevard
3320 Sanchez LnPueblo, CO 81008
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$1,200 - $2,010
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1 to 3 Bedroom Apartments Available Jul 9Meadows At Cheyenne Mountain
905 Pacific Hills PtColorado Springs, CO 80906
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$1,204 - $1,905
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$1,200 - $1,901
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Cheyenne Crossing
640 Wycliffe DrColorado Springs, CO 80906
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$1,209 - $1,658
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$1,209 - $1,658
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$1,209 - $1,658
Fountain Ridge Apartments
390 Comanche Village DrFountain, CO 80817
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$1,218 - $1,683
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$1,218 - $1,683
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Westmeadow Peaks
1472 Meadow Peak VwColorado Springs, CO 80906
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$1,235 - $3,208
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$1,230 - $3,203
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Mountain View
4085 Westmeadow DrColorado Springs, CO 80906
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$1,250 - $1,325
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$1,250 - $1,325
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Mountain View Meadows
121 Kokomo StColorado Springs, CO 80911
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$1,250 - $1,630
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$950 - $1,330
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Mesa Gardens
2207 E 12th StPueblo, CO 81001
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$1,254 - $1,900
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$1,254 - $1,900
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$1,254 - $1,900
Mechanics Building
209 N Main StPueblo, CO 81003
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$1,302 - $2,700
Plus Fees
1 to 3 Bedroom Apartments Available NowThe Landings at Eagleridge Apartments
4749 Eagleridge CirPueblo, CO 81008
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.
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$1,305
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$1,250
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The Estates At Cheyenne Blvd
500-700 Cheyenne BlvdColorado Springs, CO 80905
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$1,320 - $1,895
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1 to 3 Bedroom Apartments Available NowOutlook Ridge
5300 Outlook BlvdPueblo, CO 81008
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$1,325 - $1,750
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Jul 13Regency Tower Senior 55 Plus Apartments
921 Green Star DrColorado Springs, CO 80905
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$1,355 - $3,486
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$1,313 - $3,444
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Cottages at Mesa Ridge
7580 Segundo GroveFountain, CO 80817
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$1,379 - $1,894
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$1,354 - $1,869
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Villas at Park West
3131 E Spaulding AvePueblo, CO 81008
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$1,380 - $2,579
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$1,330 - $2,529
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Retreat at Cheyenne Mountain
1735 Presidential HtsColorado Springs, CO 80905
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1 to 2 Bedroom Apartments
Steel City Flats
625 W 14th StPueblo, CO 81003
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Studio to 2 Bedroom Apartments
Kona Kai
2216 7th AvePueblo, CO 81003
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1 to 2 Bedroom Apartments
The Oasis at Belmont Square Apartments
2020 Jerry Murphy RdPueblo, CO 81001
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Baltimore Heights
3551 Baltimore AvePueblo, CO 81008
Cash 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.
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Studio to 2 Bedroom Apartments
Kalo Broadmoor Tower
929 Arcturus DrColorado Springs, CO 80905
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1 to 3 Bedroom Apartments
Landmark Apartments
19-21 Amherst AvePueblo, CO 81005
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1 to 2 Bedroom Apartments
Shores at Lakeview
1300 Lakeview AvePueblo, CO 81004
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Studio to 2 Bedroom Apartments
Kalo Broadmoor Terrace
920 Arcturus DrColorado Springs, CO 80905
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1 to 2 Bedroom Apartments
2018 Vinewood Apartments
2018 Vinewood LnPueblo, CO 81005
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1 to 2 Bedroom Apartments
1936 Vinewood Apartments
1936 Vinewood LnPueblo, CO 81005
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1 to 2 Bedroom Apartments
Moore Ave Apartments
1691 Moore AvePueblo, CO 81005
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2 to 4 Bedroom Apartments
Stonegate Village Apartments
393 E Spaulding AvePueblo, CO 81007
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Studio to 3 Bedroom Apartments
Belmont Heights
1408 E 21st StPueblo, CO 81001
1502 Locust St
Canon CityCO81212
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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Studio to 2 Bedroom Apartments
25 Broadmoor
25 Sommerlyn RdColorado Springs, CO 80906
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1 to 3 Bedroom Apartments
Wildridge
2485 Gold Rush DrColorado Springs, CO 80906
1513 Greenwood Ave
Canon CityCO81212
505 Orange St
PuebloCO81005
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1 to 3 Bedroom Apartments
The Preserve at Belmont
2700 Troy AvePueblo, CO 81001
803 Phay Ave
Canon CityCO81212
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1 to 3 Bedroom Apartments
Broadmoor Springs
420 E Cheyenne Mountain BlvdColorado Springs, CO 80906
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2 Bedroom Apartments
West Hill
1817 West StPueblo, CO 81003
215 N 19th St
Canon CityCO81212
2038 N Grand Ave
PuebloCO81003
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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Penrose, CO Local Guide
Colorado mountains by Danielle Brigida is licensed under CC BY 2.0
How much does it cost to rent an apartment in Penrose?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penrose Studio Apartments | $1,010 | $824 | $1,426 |
| Penrose 1 Bedroom Apartments | $1,431 | $769 | $2,871 |
| Penrose 2 Bedroom Apartments | $1,727 | $900 | $3,895 |
| Penrose 3 Bedroom Apartments | $1,939 | $1,299 | $3,230 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Penrose
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Penrose, CO Local Guide
- Nearby Cities
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Cheapest Available Penrose Apartments for Rent and Nearby
The cheapest available apartment rental in Penrose, CO is a 1 Bed unit found at Foundry at Pueblo in the Sky View neighborhood priced from $769. Stardust Plaza Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $815. Here is today’s list of the most affordable Penrose apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Foundry at Pueblo | A1 | 1BR,1BA | $769 |
| Stardust Plaza Apartments | Large one bedroom | 1BR,1BA | $815 |
| Garrison Edge | S1 | Studio,1BA | $824 |
| Kalo Broadmoor Tower | KaloSolo | 1BR,1BA | $875 |
| Kalo Broadmoor Terrace | KaloUnity | Studio,1BA | $909 |
| The Aberdeen Apartments | Studio | Studio,1BA | $945 |
| Grand West at Covington | 1 Bedroom/1 Bath | 1BR,1BA | $986 |
| 25 Broadmoor | Stratus | Studio,1BA | $1,005 |
| Cottages on the Boulevard | 0x1 - 363 sqft - S1 | Studio,1BA | $1,199 |
| Cheyenne Crossing | Wintergreen | 1BR,1BA | $1,204 |
Best Value Apartments for Rent in Penrose, CO and Nearby
As of July 04, 2026 the best value apartment in the Penrose area is the $1.03 price per square foot 3 Bedroom Model at North Ridge Heights in the in the Sky View neighborhood starting from $1,500. The second greatest value Penrose apartment is the Two Bed One Bath - B1 Model at Broadmoor Springs starting at $1,499 with a $1.67 price per square foot in the Stratton Meadows neighborhood. Here is today’s list of the best values for Penrose apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| North Ridge Heights | 3 Bedroom | 3BR,2BA | $1.03 |
| Broadmoor Springs | Two Bed One Bath - B1 | 2BR,1BA | $1.67 |
| Westmeadow Peaks | Monarch | 2BR,1BA | $1.64 |
| Bonterra Lakeside Apartments | Mimosa | 1BR,1BA | $1.71 |
| Lookout at Broadmoor | Two Bedrooms One Bathroom (B3) | 2BR,1BA | $1.60 |
| Mesa Gardens | The Rosemount | 2BR,1BA | $1.56 |
| Mountain View Meadows | B1 | 2BR,1BA | $1.67 |
| Stardust Plaza Apartments | Large one bedroom | 1BR,1BA | $1.28 |
| Grand West at Covington | 1 Bedroom/1 Bath | 1BR,1BA | $1.58 |
| Kalo Broadmoor Tower | KaloSolo | 1BR,1BA | $1.41 |
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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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 Garrison Edge listed at $824.
How much is rent for a Cheap One Bedroom Penrose Apartment?
The lowest price for a Cheap One Bedroom Penrose Apartment is $769 at Foundry at Pueblo.
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 $999 at Foundry at Pueblo.
What is the most affordable Penrose Three Bedroom Apartment?
The best deal on a cheap Penrose Three Bedroom Apartment rental is at Garrison Edge and starts from $1,199.
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.