3 Bedroom Apartments for Rent in Penrose, NC (55 Rentals)

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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.

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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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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.

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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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Penrose, NC Local Guide

Largest Available Penrose and Nearby 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Penrose, NC is found at Artisan Living Mills River in the Kayden Valley neighborhood and is 1,818 square feet priced from $2,450. Weirbridge Village in the Bennington Oaks neighborhood has the second largest 3 Bedroom, which is sized at 1,669 square feet and currently listed start at $2,430. Here is today’s list of the largest available 3 Bedroom units in Penrose:

Apartment ListingModel NameSquare FootagePriced From
Artisan Living Mills RiverMagnolia1,818 Sq Ft$2,450
Weirbridge VillageThe Redbud1,669 Sq Ft$2,430
Reserve at Biltmore ParkVanderbilt1,557 Sq Ft$2,350
Retreat at Arden FarmsSummit Ridge1,484 Sq Ft$1,929
Ascend Cottages At Highland SquareD31,446 Sq Ft$2,199
The Villas at Avery Creek3 Bedroom, 2.5BA Townhome with Drive Under Garage1,440 Sq Ft$1,799
The HighlandThe Cedar1,440 Sq Ft$2,099
Audubon PlaceThe Dove1,430 Sq Ft$2,060
The Summit HendersonvilleSandburg1,429 Sq Ft$2,200
RockberryThe Emerald1,402 Sq Ft$2,322

Cheapest Available Penrose and Nearby 3 Bedroom Apartments

As of March 16, 2026 the lowest priced 3 Bedroom apartment unit in Penrose, NC is the TIMELESS Calloway Model starting from $1,654 at Hawthorne at Southside in the Bennington Oaks neighborhood. The second most affordable Penrose 3 Bedroom is the Blueridge Model at Kensington Place starting at $1,720 in the King Heights neighborhood. The average price for all 3 Bedroom apartments in Penrose is currently $2,204. Here is today’s list of the cheapest available 3 Bedroom options in Penrose:

Apartment ListingModel NamePriced From
Hawthorne at SouthsideTIMELESS Calloway$1,654
Kensington PlaceBlueridge$1,720
Brittany Place HendersonvilleThe Keepsake with Balcony$1,795
DilworthThe Estate$1,795
The Villas at Avery Creek3 Bedroom, 2.5BA Townhome with Drive Under Garage$1,799
Skyland Exchange Apartments3BR 2BA (1264 SF)$1,815
Dream Asheville ExchangeC1S$1,822
Riverstone Apartments at Long ShoalsClarendon II$1,857
Palisades of AshevilleThe Mallard with Patio$1,875
Avalon at Sweeten CreekThe Mallard with Balcony$1,875

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Frequently Asked Questions about 3 Bedroom Penrose Apartments

What is the Cheapest apartment in Penrose with 3 Bedroom?

Currently the most affordable 3 Bedroom in Penrose is at Hawthorne at Southside listed at $1,654.

How much is the average rent for a 3 Bedroom Penrose Apartment?

The average rent for a 3 Bedroom Apartment in Penrose is $2,204.

What is the largest available 3 Bedroom Penrose Apartment for rent?

Today's apartment with the most square footage in Penrose is a 1,818 square feet unit starting from $2,450 at Artisan Living Mills River.

What is the average size for Penrose 3 Bedroom Apartments for rent?

The average size for a 3 Bedroom rental in Penrose is currently 1,512 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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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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.