
Cheap 1 Bedroom Apartments for Rent in Penrose, NC from $999 (27 Rentals)


The Villas at Avery Creek

Universal at Lakewood
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.

Creekside at Arden

Venture at Lake Julian

Dilworth Apartment Homes

Nova at Biltmore Park

Brittany Place Apartment Homes

Skyland Exchange
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.

Riverstone Apartments at Long Shoals

Hawthorne at Southside

Reserve at Biltmore Park

Palisades of Asheville
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.

Aventine Asheville

Avalon at Sweeten Creek

Ballantyne Commons Apartments

Mountain View Apartments

Dream Asheville Exchange

580 Courtwood Ln

31 Cabin Row
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.

18 Jerry Ln

321 W Allen St

1032 Mountain View St
Penrose, NC Local Guide

How much does it cost to rent an apartment in Penrose?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Penrose Studio Apartments | $1,491 | $1,098 | $3,593 |
Penrose 1 Bedroom Apartments | $1,662 | $999 | $4,349 |
Penrose 2 Bedroom Apartments | $2,009 | $1,299 | $4,495 |
Penrose 3 Bedroom Apartments | $2,466 | $1,625 | $6,414 |
Penrose 4 Bedroom Apartments | $2,770 | $2,750 | $2,850 |
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Penrose, NC 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.
Frequently Asked Questions about Cheap Penrose Apartments
What is the Cheapest Studio apartment in Penrose?
Currently the most affordable Cheap Studio Apartment in Penrose is at Universal at Lakewood listed at $1,099.
How much is rent for a Cheap One Bedroom Penrose Apartment?
The lowest price for a Cheap One Bedroom Penrose Apartment is $1,099 at Universal at Lakewood.
What is the lowest price for a Cheap Two Bedroom Penrose Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Penrose is starting from $1,099 at Universal at Lakewood.
What is the most affordable Penrose Three Bedroom Apartment?
The best deal on a cheap Penrose Three Bedroom Apartment rental is at Universal at Lakewood and starts from $1,099.
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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.