Apartments for Rent in Penrose, CO Under $1,500 (62 Rentals)

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Villas at Park West
$1,414 - $1,929
Total Monthly Price

Total Monthly Price

Base Rent
$1,354 - $1,869
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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Outlook Ridge
$1,390 - $1,975
Total Monthly Price

Total Monthly Price

Base Rent
$1,365 - $1,950
Required Monthly Fees
$25

Total Monthly Price
$1,390 - $1,975
1 to 3 Bedroom Apartments Available Now

Outlook Ridge

5300 Outlook BlvdPueblo, CO 81008
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Mountain View
Rent Specials
$1,346 - $3,277
Total Monthly Price

Total Monthly Price

Base Rent
$1,341 - $3,272
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Mountain View

4085 Westmeadow DrColorado Springs, CO 80906
Furnished
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  • 3D Tour

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.

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Mesa Gardens
Rent Specials
$1,150 - $1,570
Total Monthly Price

Total Monthly Price

Base Rent
$850 - $1,270
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 4 Bedroom Apartments Available Now

Mesa Gardens

2207 E 12th StPueblo, CO 81001
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Cheyenne Crest
$1,102 - $1,752
Total Monthly Price

Total Monthly Price

Base Rent
$1,102 - $1,752

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Cheyenne Crest

4008 Westmeadow DrColorado Springs, CO 80906
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Cottages at Mesa Ridge
Rent Specials
$1,067 - $3,643
Total Monthly Price

Total Monthly Price

Base Rent
$1,025 - $3,601
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Cottages at Mesa Ridge

7580 Segundo GroveFountain, CO 80817
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The Reserve
$949 - $1,175
Total Monthly Price

Total Monthly Price

Base Rent
$949 - $1,175

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

The Reserve

1007 Ruppel StPueblo, CO 81001
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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.

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Lookout at Broadmoor
Rent Specials
$915 - $1,310
Total Monthly Price

Total Monthly Price

Base Rent
$915 - $1,310

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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Briarwood Apartments
$895 - $995
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$895 - $995

Total Monthly Price
$895 - $995
1 Bedroom Apartments Available Now

Briarwood Apartments

2032 Carlee DrPueblo, CO 81005
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Kona Kai
$818 - $1,518
Total Monthly Price

Total Monthly Price

Base Rent
$800 - $1,500
Required Monthly Fees
Varies

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

Kona Kai

2216 7th AvePueblo, CO 81003
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property at 2944 Ute St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Apr 10

2944 Ute St

Canon CityCO81212
property at 729 Skyview Ct

$1,500

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 2 Bath Home for Rent

Available Now

729 Skyview Ct

Canon CityCO81212
property at 731 E Laporte Dr

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

3 Bedroom, 2 Bath Home for Rent

Available Now

731 E Laporte Dr

PuebloCO81007
property at 246 W Coral Dr

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

246 W Coral Dr

Pueblo WestCO81007

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.

property at 729 E Laporte Dr

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

3 Bedroom, 2 Bath Home for Rent

Available Now

729 E Laporte Dr

Pueblo WestCO81007
property at 127 Railroad St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 Bedroom, 2 Bath Home for Rent

Available Now

127 Railroad St

FlorenceCO81226
property at 2810 Melvina St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

3 Bedroom, 2 Bath Home for Rent

Available Now

2810 Melvina St

Canon CityCO81212
property at 217 N 19th St

$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

217 N 19th St

Canon CityCO81212
property at 3602 Morris Ave

$1,100 - $1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom Rentals

Available Now

3602 Morris Ave

PuebloCO81008
property at 132 1/2 Greenwood Ave

$1,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Home for Rent

Available Now

132 1/2 Greenwood Ave

Canon CityCO81212
property at 1502 Locust St

$950

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Jun 10

1502 Locust St

Canon CityCO81212
property at 318 N 7th St

$825

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$825

Total Monthly Price
$825

1 Bedroom, 1 Bath Home for Rent

Available Now

318 N 7th St

Canon CityCO81212
property at 1480 Wilmont Rd

$825

Total Monthly Price

Total Monthly Price

Base Rent
$825

Total Monthly Price
$825

1 Bedroom, 1 Bath Home for Rent

Available Now

1480 Wilmont Rd

FlorenceCO81226
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Broadmoor Ridge
1 to 3 Bedroom Apartments

Broadmoor Ridge

3893 Westmeadow DrColorado Springs, CO 80906
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Fort Carson Family Homes
2 to 4 Bedroom Apartments

Fort Carson Family Homes

6800 Prussman BlvdFort Carson, CO 80913
Military
  • Utilities Included
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Broadmoor Springs
1 to 3 Bedroom Apartments

Broadmoor Springs

420 E Cheyenne Mountain BlvdColorado Springs, CO 80906
Military
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West Hill
2 Bedroom Apartments

West Hill

1817 West StPueblo, CO 81003
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Mountain View Meadows
2 to 3 Bedroom Apartments

Mountain View Meadows

121 Kokomo StColorado Springs, CO 80911
  • Utilities Included
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Wildridge
1 to 3 Bedroom Apartments

Wildridge

2485 Gold Rush DrColorado Springs, CO 80906
  • Utilities Included
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25 Broadmoor
Studio to 2 Bedroom Apartments

25 Broadmoor

25 Sommerlyn RdColorado Springs, CO 80906
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Belmont Heights
Studio to 3 Bedroom Apartments

Belmont Heights

1408 E 21st StPueblo, CO 81001
Corporate Housing

Penrose, CO Local Guide

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.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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

How much are Studio apartments in Penrose?

There are currently 13 Studio Apartments in Penrose with rent ranges from $818 to $1,270 with an average price of $1,061.

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 $695 to $3,249 with an average monthly rent of $1,460.

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 $3,575. Today's average rental price for Two Bedrooms here is $1,829.

How expensive are Penrose Three Bedroom Apartments?

There are currently 28 Three Bedroom Apartments listings available in Penrose on ApartmentHomeLiving.com. The pricing ranges from $1,410 to $3,430 - averaging $2,214 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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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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.