16 Tuckaway Ln
BrevardNC28712
Cheap Homes for Rent in Penrose, NC from $400 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Penrose.
57 Tuckaway Ln
BrevardNC28712
1730 Upper Ridgewood Blvd
HendersonvilleNC28791
255 Kemp Rd
Pisgah ForestNC28768
319 Greenville Hwy
BrevardNC28712
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
506 Knob Rd
Pisgah ForestNC28768
1207 Cherokee Dr
HendersonvilleNC28739
818 3rd Ave W
HendersonvilleNC28739
121 Oakdale St
BrevardNC28712
834 5th Ave W
HendersonvilleNC28739
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.
198 Horse Shoe Baptist Church Rd
Horse ShoeNC28742
Showing Results 1-11, Page 1 of 1
Penrose, NC Local Guide
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How much does it cost to rent a home in Penrose?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penrose 2 Bedroom Homes for Rent | $1,683 | $900 | $2,850 |
| Penrose 3 Bedroom Homes for Rent | $2,436 | $1,450 | $3,500 |
| Penrose 4 Bedroom Homes for Rent | $2,998 | $2,195 | $4,000 |
Browse Top Homes for Rent in Penrose
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Penrose, NC Local Guide
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Cheapest Available Penrose Apartments for Rent and Nearby
The cheapest available apartment rental in Penrose, NC is a Studio unit found at Venture at Lake Julian in the Kashmir neighborhood priced from $1,098. Vetra Asheville in the Kashmir neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,099. Here is today’s list of the most affordable Penrose apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Venture at Lake Julian | Glenville | Studio,1BA | $1,098 |
| Vetra Asheville | The Maple | 1BR,1BA | $1,099 |
| Kensington Place | Studio | Studio,1BA | $1,150 |
| Brittany Place Apartment Homes | The Grenadier | 1BR,1BA | $1,275 |
| Dilworth Apartment Homes | One Bedroom Patio | 1BR,1BA | $1,275 |
Best Value Apartments for Rent in Penrose, NC and Nearby
As of November 12, 2025 the best value apartment in the Penrose area is the $1.37 price per square foot Dogwood Model at Artisan Living Mills River in the in the Kayden Valley neighborhood starting from $3,050. The second greatest value Penrose apartment is the Two Bedroom Model at The Residences at Chadwick Square Court starting at $1,495 with a $1.28 price per square foot in the South End neighborhood. Here is today’s list of the best values for Penrose apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Artisan Living Mills River | Dogwood | 4BR,3BA | $1.37 |
| The Residences at Chadwick Square Court | Two Bedroom | 2BR,2BA | $1.28 |
| SouthRidge Apartments and Townhomes | Clingmans Garden | 2BR,2BA | $1.47 |
| Goldelm at The Views | B2 The Biltmore | 2BR,2BA | $1.34 |
| Charleston at the Meadows | 2 Bed/1 Bath Upgraded | 2BR,1BA | $1.57 |
| Seasons at Cane Creek | Drake- Sunroom | 1BR,1BA | $1.60 |
| Park Residence | 1 bedroom | 1BR,1BA | $1.63 |
| Dilworth Apartment Homes | One Bedroom Patio | 1BR,1BA | $1.63 |
| Avalon at Sweeten Creek | Drake w/Patio | 1BR,1BA | $1.66 |
| Vetra Asheville | The Maple | 1BR,1BA | $1.43 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read Article
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.
Read ArticleThe 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.
Read ArticleQuick Rent Budget Calculator
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Pet Friendly LifestylePenrose, NC
Ranked #32
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Penrose, NC Rentals by Map
See the most popular apartments and homes in Penrose, NC
Frequently Asked Questions about Penrose
What type of rentals are currently available in Penrose?
There are currently 41 Apartments for Rent in Penrose, NC with pricing that ranges from $1,059 to $3,250. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penrose ranging from $475 to $4,000.
What is the current price range for Rental Homes in Penrose?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Penrose ranges from $475 to $4,000 with an average monthly rent of $1,800.
How much are larger Three and Four Bedroom Rentals in Penrose?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Penrose range from $1,590 to $3,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,195 and Four Bedroom Apartments start at $3,050.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.