1960 Semple Ave
St. LouisMO63112
Cheap Homes for Rent in Penrose Neighborhood of Saint Louis, MO from $400 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Penrose area of Saint Louis.
4641 Washington Ave
St. LouisMO63108
5088 Queens Ave
St. LouisMO63115
4742 Maffitt Ave
St. LouisMO63113
5480 Claxton 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.
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1324 Academy Ave
St. LouisMO63113
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.
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4144 Maffitt Ave
St. LouisMO63113
4652 Shirley Pl
St. LouisMO63115
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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 | $1,201 | $600 | $2,700 |
| Penrose 3 Bedroom Homes for Rent | $1,178 | $400 | $1,400 |
| Penrose 4 Bedroom Homes for Rent | $950 | $600 | $1,400 |
| Penrose 6 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
Browse Homes for Rent in this Neighborhood
There are currently 10 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
- Nearby Cities
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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 |
Best Value Apartments for Rent in Penrose, MO
As of September 10, 2025 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 $1,002 with a $0.95 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 | $0.95 |
| College Hill Apartments | 2 Bedroom Townhouse | 2BR,1.5BA | $0.83 |
| Lofts at Euclid | McPherson IV | 1BR,1BA | $2.01 |
| The Reserve at Heritage | 2 Bed Garden | 2BR,1.5BA | $1.07 |
| Fairgrounds Park Place Apartments | *The Cypress | 1BR,1BA | $1.19 |
| CWE | Studio - EMB05 | Studio ,1BA | $1.58 |
| The Regency at Saint Louis | One Bed One Bath | 1BR,1BA | $1.54 |
Quick Rent Budget Calculator
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Pet Friendly LifestylePenrose, Saint Louis, MO
Ranked #138
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.
St. Louis City School District
Public School - Grades PK-6 (226)
4 out of 10
Yeatman-Liddell Middle School
St. Louis City School District
Public School - Grades 6-8 (284)
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 166 Apartments for Rent in Penrose, MO with pricing that ranges from $649 to $2,120. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penrose ranging from $400 to $2,700.
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 $400 to $2,700 with an average monthly rent of $1,011.
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
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.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.