
Apartments for Rent in Penrose, CO Under $2,000 (80 Rentals)


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Venture On Venetucci

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Cottages at Mesa Ridge

The Dairy Mobile Home Park

Eldorado Springs

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Pueblo Springs

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Bonterra Lakeside Apartments

Quail Cove

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Retreat at Cheyenne Mountain

Lazy Days Mobile Home Village
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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Mesa Ridge

Cobblestone Ridge

North Ridge Heights

Fountain Ridge Apartments

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Mountain View

Outlook Ridge

Regency Tower Senior 55 Plus Apartments

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Cottages on the Boulevard

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The Estates At Cheyenne Blvd

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Villas at Park West
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.

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Mechanics Building

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Mountain View Meadows

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Mesa Gardens

Meadows At Cheyenne Mountain

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Cheyenne Crossing

Westmeadow Peaks

The Landings at Eagleridge Apartments

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Cheyenne Crest

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The Reserve

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Briarwood Apartments
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.

Grand West at Covington

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The Aberdeen Apartments

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Lookout at Broadmoor

Evergreen

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Stardust Plaza Apartments

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Garrison Edge

Foundry at Pueblo

710 S Walton Dr

160 E Eads Dr

746 S Legend 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.

169 S Stardust Dr

195 S Stardust Ct

1120 1/2 S 9th St

831 Capitol Hill St

220 S Caddoa Dr

408 Rudd Ave

429 S Oak Creek Dr

98 E Byrd Dr

667 E Clarion Dr

803 Phay Ave
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 | $987 | $824 | $1,527 |
| Penrose 1 Bedroom Apartments | $1,428 | $785 | $2,400 |
| Penrose 2 Bedroom Apartments | $1,797 | $900 | $3,895 |
| Penrose 3 Bedroom Apartments | $2,077 | $1,199 | $3,230 |
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Penrose, CO Local Guide
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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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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 Penrose
How much are Studio apartments in Penrose?
There are currently 11 Studio Apartments in Penrose with rent ranges from $824 to $1,527 with an average price of $987.
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 $785 to $2,400 with an average monthly rent of $1,428.
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 $3,895. Today's average rental price for Two Bedrooms here is $1,797.
How expensive are Penrose Three Bedroom Apartments?
There are currently 30 Three Bedroom Apartments listings available in Penrose on ApartmentHomeLiving.com. The pricing ranges from $1,199 to $3,230 - averaging $2,077 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

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.