1513 Greenwood Ave
Canon CityCO81212
Cheap Homes for Rent near Penrose, CO from $1,000 (10 Rentals)
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212 W Palmer Lake Dr
PuebloCO81007
163 W Cokedale Dr
Pueblo WestCO81007
505 Orange St
PuebloCO81005
3225 Baltimore Ave
PuebloCO81008
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
1613 N 7th St
Canon CityCO81212
803 Phay Ave
Canon CityCO81212
5000 Red Creek Springs Rd
PuebloCO81005
667 E Clarion Dr
Pueblo WestCO81007
1370 Washington St
Canon CityCO81212
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 a home in Penrose?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penrose 2 Bedroom Homes for Rent | $1,251 | $1,050 | $1,795 |
| Penrose 3 Bedroom Homes for Rent | $2,017 | $1,349 | $2,500 |
| Penrose 4 Bedroom Homes for Rent | $2,247 | $2,095 | $2,400 |
| Penrose 5 Bedroom Homes for Rent | $2,995 | $2,995 | $2,995 |
| Penrose 6 Bedroom Homes for Rent | $2,565 | $2,565 | $2,565 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Penrose, CO Local Guide
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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. Garrison Edge in the Stratton Meadows neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $774. 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 |
| Garrison Edge | S1 | Studio,1BA | $774 |
| Stardust Plaza Apartments | Large one bedroom | 1BR,1BA | $815 |
Best Value Apartments for Rent in Penrose, CO and Nearby
As of July 29, 2026 the best value apartment in the Penrose area is the $1.36 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 Ponderosa Model at Pines at Broadmoor starting at $1,868 with a $1.72 price per square foot in the Broadmoor Bluffs 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 | $1.36 |
| Pines at Broadmoor | Ponderosa | 2BR,2BA | $1.72 |
| The Dairy Mobile Home Park | 2BR/2.0BA | 2BR,2BA | $1.73 |
| Mountain View Meadows | C1 | 3BR,1BA | $1.44 |
| Bonterra Lakeside Apartments | Mimosa | 1BR,1BA | $1.71 |
| The Landings at Eagleridge Apartments | 1X1 P1 | 1BR,1BA | $1.68 |
| 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 |
| Foundry at Pueblo | A1 | 1BR,1BA | $1.81 |
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 Penrose
What type of rentals are currently available in Penrose?
There are currently 61 Apartments for Rent in Penrose, CO with pricing that ranges from $769 to $3,895. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penrose ranging from $1,050 to $2,995.
What is the current price range for Rental Homes in Penrose?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Penrose ranges from $1,050 to $2,995 with an average monthly rent of $2,215.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
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.