1 Bedroom Apartments for Rent near Penrose, NC (45 Rentals)

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Exploring Rental Options: Apartments, Townhomes, and Lofts—Oh My!

Looking for the perfect rental? From apartments and condos to lofts and single family rentals, explore the unique pros and cons of each rental type to help you land in your perfect new place.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

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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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Kensington Place
Rent Specials
$1,280 - $1,430

Total Monthly Price

Base Rent$1,175 - $1,790
Total Monthly Price$1,175 - $1,790
1 Bedroom Apartments Available Now

Kensington Place

200 Kensington PlAsheville, NC 28803
Eco-Friendly
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  • Utilities Included

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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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 Weirbridge Village in the Bennington Oaks neighborhood and is 971 square feet priced from $1,401. Groves at Town Center in the Kashmir neighborhood has the second largest 1 Bedroom, which is sized at 949 square feet and currently listed start at $1,625. Here is today’s list of the largest available 1 Bedroom units in Penrose:

Apartment ListingModel NameSquare FootagePriced From
Weirbridge VillageThe Azalea971 Sq Ft$1,401
Groves at Town CenterThe Fairfield with Balcony949 Sq Ft$1,625
Burton HillsA2900 Sq Ft$1,346
The HighlandThe Laurel892 Sq Ft$1,574
Reserve at Biltmore ParkCommodore882 Sq Ft$1,554
The AsheEmber881 Sq Ft$1,959
Argento on the BroadA2873 Sq Ft$1,729
Skyland Exchange Apartments1BR 1BA (862 SF)862 Sq Ft$1,503
Ballantyne Commons of HendersonvilleThe Drake with Sunroom858 Sq Ft$1,295
Hawthorne at SouthsideLUXE Dogwood849 Sq Ft$1,512

Cheapest Available Penrose and Nearby 1 Bedroom Apartments

As of September 13, 2026 the lowest priced 1 Bedroom apartment unit in Penrose, NC is the 1 Bedroom First Level - 680sf Model starting from $1,189 at The Villas at Avery Creek in the Kayden Valley neighborhood. The second most affordable Penrose 1 Bedroom is the Arden Model at Retreat at Arden Farms starting at $1,193 . The average price for all 1 Bedroom apartments in Penrose is currently $1,497. Here is today’s list of the cheapest available 1 Bedroom options in Penrose:

Apartment ListingModel NamePriced From
The Villas at Avery Creek1 Bedroom First Level - 680sf$1,189
Retreat at Arden FarmsArden$1,193
Vetra AshevilleThe Oak$1,199
Hawthorne at SouthsideTIMELESS Cedar$1,261
Brittany Place HendersonvilleThe Grenadier$1,265
DilworthThe Mitchell$1,265
Universal at Lakewood1 Bedroom Second Level - 760sf$1,269
The Aventine AshevilleA2$1,271
Reserve at Biltmore ParkBuncombe$1,280
Audubon PlaceThe Finch$1,280

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.

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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 1 Bedroom Penrose Apartments

What is the Cheapest apartment in Penrose with 1 Bedroom?

Currently the most affordable 1 Bedroom in Penrose is at The Villas at Avery Creek listed at $1,189.

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

The average rent for a 1 Bedroom Apartment in Penrose is $1,497.

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

Today's apartment with the most square footage in Penrose is a 971 square feet unit starting from $1,401 at Weirbridge Village.

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

The average size for a 1 Bedroom rental in Penrose is currently 570 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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.

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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.

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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.