3 Bedroom Apartments for Rent in Penrose, NC (47 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article
Showing Results 1-47, Page 1 of 1

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 $2,550. Aventine Asheville has the second largest 3 Bedroom, which is sized at 1,760 square feet and currently listed start at $2,487. 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$2,550
Aventine AshevilleThe Mt. Mitchell1,760 Sq Ft$2,487
Weirbridge VillageThe Redbud1,669 Sq Ft$2,220
Burton HillsC11,655 Sq Ft$1,965
Reserve at Biltmore ParkVanderbilt1,557 Sq Ft$2,530
Hawthorne at Mills GapVivid1,518 Sq Ft$2,500
Retreat at Arden FarmsC11,484 Sq Ft$1,970
The AsheEverwood1,478 Sq Ft$2,650
Ascend Cottages At Highland SquareD31,446 Sq Ft$2,409
The Villas at Avery Creek3 Bedroom, 2.5BA Townhome with Drive Under Garage1,440 Sq Ft$1,999

Cheapest Available Penrose and Nearby 3 Bedroom Apartments

As of June 10, 2025 the lowest priced 3 Bedroom apartment unit in Penrose, NC is the Blueridge Model starting from $1,695 at Kensington Place in the King Heights neighborhood. The second most affordable Penrose 3 Bedroom is the The Magnolia Model at Nova at Biltmore Park starting at $1,699 in the Kashmir neighborhood. The average price for all 3 Bedroom apartments in Penrose is currently $2,466. Here is today’s list of the cheapest available 3 Bedroom options in Penrose:

Apartment ListingModel NamePriced From
Kensington PlaceBlueridge$1,695
Nova at Biltmore ParkThe Magnolia$1,699
Skyland Exchange3BR 2BA (1264 SF)$1,730
Dilworth Apartment HomesThree Bedroom Sunroom$1,795
Brittany Place Apartment HomesThe Keepsake$1,815
Hawthorne at SouthsideTIMELESS Calloway$1,843
Ballantyne Commons Apartments3BR/2BA w/ Balcony$1,845
Seasons at Cane CreekMallard- Sunroom$1,875
Riverstone Apartments at Long ShoalsClarendon$1,905
Universal at Lakewood3 Bedroom, 2.5BA Townhome$1,909

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Penrose, NC

Ranked #29

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

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

Explore Penrose, NC Rentals by Map

Decorative image of map

See the most popular apartments and homes in Penrose, NC

View MapPenrose, NC Apartments MapView MapPenrose, NC Rental Homes Map

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 Kensington Place listed at $1,695.

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

The average rent for a 3 Bedroom Apartment in Penrose is $2,466.

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 $2,550 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 1,477 sq ft.

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

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.