3 Bedroom Apartments for Rent in Penrose, NC (50 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. Aventine Asheville in the Bennington Oaks neighborhood has the second largest 3 Bedroom, which is sized at 1,760 square feet and currently listed start at $2,148. 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
Aventine AshevilleThe Mt. Mitchell1,760 Sq Ft$2,148
Reserve at Biltmore ParkVanderbilt1,557 Sq Ft$2,745
Retreat at Arden FarmsC1 & C21,484 Sq Ft$1,735
Ascend Cottages At Highland SquareD31,446 Sq Ft$2,199
Universal at Lakewood3 Bedroom, 2.5BA Townhome1,440 Sq Ft$1,859
Audubon PlaceThe Dove1,430 Sq Ft$1,915
The Summit HendersonvilleSandburg1,429 Sq Ft$2,114
RockberryThe Emerald1,402 Sq Ft$1,912
Argento on the BroadC1HC1,387 Sq Ft$2,660

Cheapest Available Penrose and Nearby 3 Bedroom Apartments

As of January 08, 2026 the lowest priced 3 Bedroom apartment unit in Penrose, NC is the The Magnolia Model starting from $1,599 at Vetra Asheville in the Kashmir neighborhood. The second most affordable Penrose 3 Bedroom is the TIMELESS Calloway Model at Hawthorne at Southside starting at $1,722 in the Bennington Oaks neighborhood. The average price for all 3 Bedroom apartments in Penrose is currently $2,257. Here is today’s list of the cheapest available 3 Bedroom options in Penrose:

Apartment ListingModel NamePriced From
Vetra AshevilleThe Magnolia$1,599
Hawthorne at SouthsideTIMELESS Calloway$1,722
Goldelm at The ViewsC1 The View$1,726
Retreat at Arden FarmsC1 & C2$1,735
Riverstone Apartments at Long ShoalsClarendon II$1,764
Skyland Exchange Apartments3BR 2BA (1354 SF)$1,771
DilworthThe Estate$1,795
Mountain ViewChimney Rock$1,799
Dream Asheville ExchangeC1S$1,849
Brittany Place HendersonvilleThe Keepsake with Balcony$1,855

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Penrose, NC Rentals by Map

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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 Vetra Asheville listed at $1,599.

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

The average rent for a 3 Bedroom Apartment in Penrose is $2,257.

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 1,728 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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!