
Cheap 1 Bedroom Apartments for Rent in the Penrose Neighborhood of Saint Louis, MO from $680 (18 Rentals)


4119 Carter Ave, Unit 4119 West Carter

4117 Carter Ave, Unit 4117 Carter

4732 W Florissant Ave

3867 Ashland Ave, Unit 3867 1st Floor

744 Walton Ave, Unit 774E
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.

Homer G. Phillips Apartments for 55 and older

The Regency at Saint Louis

5706 Thekla

Stratford Manor

Hopewell Senior Village

Hyde Park Village
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.

Vandeventer Place II - Senior 55+ years

PT Bosley Estates

San Remo Apartments

Archway Commons

Calvary Apartments

The Savoy
From Arch to Apartment: The St. Louis Insider's Guide to Renting Near the Area's Top Employers
The St. Louis Insider's Guide to renting near BJC, WashU, Boeing, SSM Health, and Anheuser-Busch. Find your perfect neighborhood to balance commute, lifestyle, and budget.
Penrose, St. Louis, MO Local Guide

How much does it cost to rent an apartment in Penrose?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penrose Studio Apartments | $649 | $649 | $649 |
Penrose 1 Bedroom Apartments | $861 | $680 | $1,255 |
| Penrose 2 Bedroom Apartments | $1,317 | $650 | $2,495 |
| Penrose 3 Bedroom Apartments | $1,300 | $1,250 | $1,350 |
| Penrose 4 Bedroom Apartments | $1,395 | $1,395 | $1,395 |
Explore Saint Louis
Penrose, St. Louis, MO Local Guide
- Nearby Saint Louis neighborhoods
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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.
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 ArticleCash 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.
Read ArticleLocal Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in St. Louis
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the St. Louis, MO metro area for affordable living. Find your perfect Student apartment, condo, or rental home today at apartmenthomeliving.com
Read ArticleQuick 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.
Pet Friendly LifestylePenrose, Saint Louis, MO
Ranked #155
Among cities in Missouri for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Penrose, Saint Louis, MO
Ashland Elementary And Br.
Yeatman-Liddell Middle School
School data provided by Great Schools
Frequently Asked Questions about Cheap Penrose Apartments
What is a cheap apartment in Penrose?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Penrose is under $895.
What is the price of a cheap apartment in Penrose?
The cheapest apartment in Penrose is Fairgrounds Park Place Apartments which is listed at $680, while the average apartment in Penrose costs $1,395.
What types of apartments are the cheapest in Penrose?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Penrose that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in St. Louis
Written by: Taryn Shorr-Mckee
I’m Taryn, your ApartmentHomeLiving.com team Local Expert for St. Louis, Missouri. Nicknamed “a city of neighborhoods,” St. Louis has nearly 80 distinct communities, each with unique characteristics setting it apart from others.

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.

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.

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.