1 Bedroom Apartments for Rent near Penrose, NC (46 Rentals)

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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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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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Genius Ideas and Studio Layout Tips That Maximize Every Square Inch

Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

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Kensington Place
Rent Specials
$1,280
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $1,790
Total Monthly Price
$1,200 - $1,790
1 Bedroom Apartments Available Now

Kensington Place

200 Kensington PlAsheville, NC 28803
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  • Utilities Included

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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Showing Results 1-46, Page 1 of 1

Penrose, NC Local Guide

Largest Available Penrose and Nearby 1 Bedroom Apartments

The largest available 1 Bedroom apartment unit in Penrose, NC is found at Biltmore Park Town Square in the Kashmir neighborhood and is 994 square feet priced from $1,875. Weirbridge Village in the Bennington Oaks neighborhood has the second largest 1 Bedroom, which is sized at 971 square feet and currently listed start at $1,351. Here is today’s list of the largest available 1 Bedroom units in Penrose:

Apartment ListingModel NameSquare FootagePriced From
Biltmore Park Town Square1H994 Sq Ft$1,875
Weirbridge VillageThe Azalea971 Sq Ft$1,351
Groves at Town CenterThe Fairfield with Balcony949 Sq Ft$1,575
Dream Asheville ExchangeA4909 Sq Ft$1,802
Burton HillsA2900 Sq Ft$1,414
The HighlandThe Laurel892 Sq Ft$1,499
Reserve at Biltmore ParkCommodore882 Sq Ft$1,539
Argento on the BroadA2873 Sq Ft$1,729
Ballantyne Commons of HendersonvilleThe Drake with Sunroom858 Sq Ft$1,375
The Overlook at RiverstoneAltitude848 Sq Ft$1,629

Cheapest Available Penrose and Nearby 1 Bedroom Apartments

As of July 30, 2026 the lowest priced 1 Bedroom apartment unit in Penrose, NC is the The Cove Model starting from $942 at Lakeshore Villas in the Kashmir neighborhood. The second most affordable Penrose 1 Bedroom is the TIMELESS Cedar Model at Hawthorne at Southside starting at $1,109 in the Bennington Oaks neighborhood. The average price for all 1 Bedroom apartments in Penrose is currently $1,502. Here is today’s list of the cheapest available 1 Bedroom options in Penrose:

Apartment ListingModel NamePriced From
Lakeshore VillasThe Cove$942
Hawthorne at SouthsideTIMELESS Cedar$1,109
Vetra AshevilleThe Oak$1,199
Universal at Lakewood1 Bedroom Second Level - 680sf$1,199
The Villas at Avery Creek1 Bedroom Second Level - 680sf$1,219
Brittany Place HendersonvilleThe Grenadier$1,265
DilworthThe Pisgah$1,275
Audubon PlaceThe Finch$1,275
Kensington PlaceCatawba$1,280
Riverstone Apartments at Long ShoalsArlington$1,281

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 1 Bedroom Penrose Apartments

What is the Cheapest apartment in Penrose with 1 Bedroom?

Currently the most affordable 1 Bedroom in Penrose is at Lakeshore Villas listed at $942.

How much is the average rent for a 1 Bedroom Penrose Apartment?

The average rent for a 1 Bedroom Apartment in Penrose is $1,502.

What is the largest available 1 Bedroom Penrose Apartment for rent?

Today's apartment with the most square footage in Penrose is a 994 square feet unit starting from $1,875 at Biltmore Park Town Square.

What is the average size for Penrose 1 Bedroom Apartments for rent?

The average size for a 1 Bedroom rental in Penrose is currently 444 sq ft.

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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First Apartment Regrets: Real Renters Share What They'd Do Differently

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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.

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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.

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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.