318 N 7th St
Canon CityCO81212
Cheap Homes for Rent in Penrose, CO from $800 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Penrose.
104 E Main St
FlorenceCO81226
2160 Washington St
Canon CityCO81212
1480 Wilmont Rd
FlorenceCO81226
743 E Laporte Dr
Pueblo WestCO81007
806 Dawn Ln
Canon CityCO81212
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.
211 1st St
Canon CityCO81212
800 Ponderosa Ln
Canon CityCO81212
1009 Tennessee Ave
Canon CityCO81212
211 Greenwood Ave
Canon CityCO81212
502 Yale Pl
Canon CityCO81212
1613 N 7th 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.
Showing Results 1-12, Page 1 of 1
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 | $1,225 | $1,000 | $1,595 |
| Penrose 3 Bedroom Homes for Rent | $2,027 | $1,095 | $2,750 |
| Penrose 4 Bedroom Homes for Rent | $2,333 | $2,300 | $2,400 |
| Penrose 5 Bedroom Homes for Rent | $2,672 | $2,250 | $2,995 |
Browse Top Homes for Rent 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 The Aberdeen Apartments in the Sky View neighborhood priced from $695. Skyview in the Sky View neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here is today’s list of the most affordable Penrose apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Aberdeen Apartments | 1 bedroom Garden Level | 1BR,1BA | $695 |
| Skyview | 1x1_424 | 1BR,1BA | $699 |
| Stardust Plaza Apartments | Small one bedroom | 1BR,1BA | $785 |
| Baltimore Heights | 1 Bed, 1 Bath | 1BR,1BA | $850 |
| Briarwood Apartments | 1 Bedroom | 1BR,1BA | $895 |
Best Value Apartments for Rent in Penrose, CO and Nearby
As of December 11, 2025 the best value apartment in the Penrose area is the $1.28 price per square foot The Mesa Model at Mesa Gardens in the starting from $1,230. The second greatest value Penrose apartment is the The Estate Model at The Estates At Cheyenne Blvd starting at $1,350 with a $1.42 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. |
|---|---|---|---|
| Mesa Gardens | The Mesa | 3BR,1.5BA | $1.28 |
| The Estates At Cheyenne Blvd | The Estate | 2BR,1BA | $1.42 |
| Kalo Broadmoor Tower | KaloDuo | 2BR,1.5BA | $1.21 |
| Westmeadow Peaks | 1 Bedroom | 1BR,1BA | $1.63 |
| 25 Broadmoor | Portales | 1BR,1BA | $1.60 |
| Briarwood Apartments | 1 Bedroom | 1BR,1BA | $1.38 |
| Grand West at Covington | 1 Bedroom/1 Bath | 1BR,1BA | $1.58 |
| The Aberdeen Apartments | 1 bedroom Balcony Level | 1BR,1BA | $1.47 |
| Baltimore Heights | 1 Bed, 1 Bath | 1BR,1BA | $1.42 |
| Stardust Plaza Apartments | Small one bedroom | 1BR,1BA | $1.32 |
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.
Read Article
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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Pet Friendly LifestylePenrose, CO
Ranked #209
Among cities in Colorado for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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
What type of rentals are currently available in Penrose?
There are currently 58 Apartments for Rent in Penrose, CO with pricing that ranges from $695 to $3,480. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penrose ranging from $850 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 $850 to $2,995 with an average monthly rent of $1,821.
How much are larger Three and Four Bedroom Rentals in Penrose?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Penrose range from $1,200 to $3,430, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,095 to $2,750. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $1,595.
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
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.