
Apartments for Rent in Penrose, CO Under $2,800 (93 Rentals)


Pines at Broadmoor

Eldorado Springs

The Garrison Luxury Apartments

Cottages at Mesa Ridge

Mountain View

Mesa Ridge
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.

Quail Cove

Bonterra Lakeside Apartments

West Hill

Mechanics Building

Retreat at Cheyenne Mountain

Villas at Park West

Cobblestone Ridge

The Landings at Eagleridge Apartments

Outlook Ridge

The Estates At Cheyenne Blvd

Broadmoor Ridge

Meadows At Cheyenne Mountain
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.

Cheyenne Crossing

Mountain View Meadows

Regency Tower Senior 55 Plus Apartments

North Ridge Heights

Lookout at Broadmoor

Westmeadow Peaks

Cheyenne Crest

Cottages on the Boulevard

Wildridge
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.

Broadmoor Park Terrace

Mesa Gardens

Belmont Manor

Broadmoor Park Tower

Grand West at Covington

Baltimore Heights

Oasis at Belmont

Evergreen

Stardust Plaza Apartments

The Aberdeen Apartments

209 W Spaulding Ave N

1661 W Siesta Dr

544 S Watermelon Dr

4030 Ridge Dr

447 W Fairway Dr

5136 Killdeer Dr

5332 Gannet Ln

2212 Sunrise Ln

927 E Loma Dr
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 | $1,184 | $837 | $2,400 |
Penrose 1 Bedroom Apartments | $1,423 | $695 | $3,000 |
Penrose 2 Bedroom Apartments | $1,688 | $865 | $3,700 |
Penrose 3 Bedroom Apartments | $2,126 | $1,225 | $4,798 |
Penrose 4 Bedroom Apartments | $1,600 | $1,355 | $1,795 |
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Penrose, CO Local Guide
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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.
Getting Around Penrose, CO
Walk Score®
13 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
35 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Penrose
How much are Studio apartments in Penrose?
There are currently 11 Studio Apartments in Penrose with rent ranges from $837 to $2,400 with an average price of $1,184.
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 $3,000 with an average monthly rent of $1,423.
What does renting a Two Bedroom Apartment in Penrose cost?
The monthly rent prices of Two Bedroom Apartments currently available in Penrose range from $865 to $3,700. Today's average rental price for Two Bedrooms here is $1,688.
How expensive are Penrose Three Bedroom Apartments?
There are currently 24 Three Bedroom Apartments listings available in Penrose on ApartmentHomeLiving.com. The pricing ranges from $1,225 to $4,798 - averaging $2,126 for the location.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.