
Cheap 2 Bedroom Apartments for Rent in the Penrose Neighborhood of Saint Louis, MO from $489 (19 Rentals)


4815 Anderson Ave

5066 W Florissant Ave

Fairgrounds Park Place Apartments

The Reserve at Heritage
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.

4133 Kossuth Ave

3103 N Taylor Ave, Unit 2nd Floor

Homer G. Phillips Apartments for 55 and older

2026 E Adelaide Ave, Unit Downstairs

5223 Ashland Ave
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.
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.
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 | $1,440 | $672 | $3,228 |
Penrose 1 Bedroom Apartments | $1,788 | $680 | $3,642 |
Penrose 2 Bedroom Apartments | $2,283 | $489 | $5,219 |
Penrose 3 Bedroom Apartments | $1,999 | $679 | $5,253 |
Explore Saint Louis
Penrose, St. Louis, MO Local Guide
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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.
Getting Around the Penrose Neighborhood in Saint Louis, MO
Walk Score®
64 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
48 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
40 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $946.
What is the price of a cheap apartment in Penrose?
The cheapest apartment in Penrose is Coronado Place and Towers which is listed at $759, while the average apartment in Penrose costs $1,740.
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 83 regular apartments in Penrose that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Penrose?
Cheap apartments in Penrose have an average cost of $1,399 which is $341 cheaper than the average rent for all rentals in Penrose.
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.

A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in St. Louis
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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.

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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.

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.

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.