6041 Harney Ave
St. LouisMO63136
Cheap Homes for Rent in Penrose Neighborhood of Saint Louis, MO from $400 (20 Rentals)
Search the lowest-cost Homes available for rent right now in the Penrose area of Saint Louis.
1333 Walton Ave
St. LouisMO63113
4362 Maffitt Ave
St. LouisMO63113
4641 Washington Ave
St. LouisMO63108
4129 Turner Ave
St. LouisMO63115
5508 Beacon Ave
St. LouisMO63120
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.
5470 Plover Ave
St. LouisMO63120
4043 Camellia Ave
St. LouisMO63115
4221 Dardenne Dr
St. LouisMO63120
4424 Marcus Ave
St. LouisMO63115
4127 Turner Ave
St. LouisMO63115
5417 Ruskin Ave
St. LouisMO63115
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.
1337 Walton Ave
St. LouisMO63113
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$6991 Bedroom Apartments Available Now
4732 W Florissant Ave
4732 W Florissant AveSt. Louis, MO 63115
5134 Oriole Ave
St. LouisMO63120
5303 Hodiamont Ave
JenningsMO63136
5139 Wabada Ave
St. LouisMO63113
4935 Alcott Ave
St. LouisMO63120
St. Louis Living: Your Local Expert's Guide to Neighborhoods and Renting
Moving to St. Louis? Get the ultimate insider's guide to the city's neighborhoods, from the historic CWE to residential Shaw. Find your perfect apartment and settle in like a local.
5451 Genevieve Ave
St. LouisMO63120
5657 Roosevelt Pl
St. LouisMO63120
Showing Results 1-20, Page 1 of 1
Penrose, St. Louis, MO Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Penrose?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penrose 2 Bedroom Homes for Rent | $932 | $249 | $1,950 |
| Penrose 3 Bedroom Homes for Rent | $906 | $275 | $1,525 |
| Penrose 4 Bedroom Homes for Rent | $1,025 | $299 | $1,400 |
| Penrose 5 Bedroom Homes for Rent | $1,600 | $1,000 | $2,300 |
Browse Homes for Rent in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Penrose Neighborhood of Saint Louis, MO.
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Penrose, St. Louis, MO Local Guide
- Nearby Saint Louis neighborhoods
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Cheapest Available Penrose Apartments for Rent
The cheapest available apartment rental in the Penrose area of St. Louis, MO is a Studio unit found at The Regency at Saint Louis priced from $649. Fairgrounds Park Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $680. Here are the most affordable Penrose apartments for rent in St. Louis, MO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Regency at Saint Louis | Studio | Studio,1BA | $649 |
| Fairgrounds Park Place Apartments | *The Cypress | 1BR,1BA | $680 |
| Homer G. Phillips Apartments for 55 and older | One Bedroom One Bath | 1BR,1BA | $765 |
| College Hill Apartments | Garden Style Apartment | 2BR,1BA | $850 |
| Sullivan Place Apartments | 1 Bed, 1 bath | 1BR,1BA | $895 |
Best Value Apartments for Rent in Penrose, MO
As of March 20, 2026 the best value apartment in the Penrose area is the $0.75 price per square foot 5126 Lexington Ave Model at 5126 Lexington Ave, Unit 2 in the in the Lewis Place neighborhood starting from $900. The second greatest value Penrose apartment is the Two Bedroom One Bath Model at Homer G. Phillips Apartments for 55 and older starting at $930 with a $0.88 price per square foot in the Lewis Place 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. |
|---|---|---|---|
| 5126 Lexington Ave, Unit 2 | 5126 Lexington Ave | 2BR,1BA | $0.75 |
| Homer G. Phillips Apartments for 55 and older | Two Bedroom One Bath | 2BR,1BA | $0.88 |
| College Hill Apartments | 2 Bedroom Townhouse | 2BR,1.5BA | $0.93 |
| CWE | Two Bedroom One Bath - WTR850 | 2BR,1BA | $1.41 |
| 744 Walton Ave | 744 Walton Ave | 2BR,1BA | $1.00 |
| 4119 Carter Ave, Unit 4119 West Carter | 4119 Carter Ave | 1BR,1BA | $0.96 |
| Sullivan Place Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.77 |
| Fairgrounds Park Place Apartments | *The Cypress | 1BR,1BA | $1.19 |
| 3867 Ashland Ave, Unit 3867 1st Floor | 3867 Ashland Ave | 1BR,1BA | $1.50 |
| The Regency at Saint Louis | One Bed One Bath | 1BR,1BA | $1.54 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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 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
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Pet Friendly LifestylePenrose, Saint Louis, MO
Ranked #148
Among cities in Missouri for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Penrose, Saint Louis, MO
Yeatman-Liddell Middle School
St. Louis City School District
Public School - Grades 6-8 (0)
2 out of 10
School data provided by Great Schools
Frequently Asked Questions about Penrose
What type of rentals are currently available in Penrose?
There are currently 168 Apartments for Rent in Penrose, MO with pricing that ranges from $649 to $2,580. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penrose ranging from $249 to $2,300.
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 $249 to $2,300 with an average monthly rent of $960.
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.
Helpful Local Expert Guides
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.
Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in St. Louis
Written by: Taryn Shorr-Mckee
Finding the right neighborhood to rent near your St. Louis college or university isn’t just about convenience.
St. Louis Living: Your Local Experts Guide to Neighborhoods and Renting
Written by: Taryn Shorr-Mckee
St. Louis is a historic city of neighborhoods — nearly 80 of them — each with its own personality, rhythm, and everyday comforts.
Articles, How-To's, and Tips
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
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.