4641 Washington Ave
St. LouisMO63108
Cheap Homes for Rent in Penrose Neighborhood of Saint Louis, MO from $400 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Penrose area of Saint Louis.
1960 Semple Ave
St. LouisMO63112
2842 Clara Ave
St. LouisMO63120
4920 San Francisco 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.
4115 N Florissant Ave
St. LouisMO63107
3909 Vest Ave, Unit A
3909 Vest Ave
St. LouisMO63107
4253 Holly Ave
St. LouisMO63115
4521 Oakwood Ave
St. LouisMO63121
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.
Showing Results 1-8, 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 | $1,196 | $795 | $2,800 |
| Penrose 3 Bedroom Homes for Rent | $1,128 | $500 | $1,495 |
| Penrose 4 Bedroom Homes for Rent | $1,189 | $725 | $1,640 |
| Penrose 6 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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
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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 1 Bed unit found at Fairgrounds Park Place Apartments priced from $680. Homer G. Phillips Apartments for 55 and older has the second lowest priced unit, which is a 1 Bed apartment currently listed from $765. Here are the most affordable Penrose apartments for rent in St. Louis, MO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 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 | 2 Bedroom Townhouse | 2BR,1BA | $850 |
Best Value Apartments for Rent in Penrose, MO
As of July 26, 2025 the best value apartment in the Penrose area is the $0.63 price per square foot 4472 Enright Ave Model at 4472 Enright Ave, Unit 4472A enright in the in the Cheltenham neighborhood starting from $975. The second greatest value Penrose apartment is the 2026 E Adelaide Ave Model at 2026 E Adelaide Ave, Unit Downstairs starting at $1,100 with a $0.76 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. |
|---|---|---|---|
| 4472 Enright Ave, Unit 4472A enright | 4472 Enright Ave | 2BR,1BA | $0.63 |
| 2026 E Adelaide Ave, Unit Downstairs | 2026 E Adelaide Ave | 2BR,1BA | $0.76 |
| 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 |
| The Reserve at Heritage | 2 Bed Garden | 2BR,1.5BA | $1.07 |
| CWE | One Bedroom One Bath - WTR750 | 1BR,1BA | $1.43 |
| 3965 N 21st St | 3965 N 21st St | 3BR,1BA | $1.15 |
| Fairgrounds Park Place Apartments | *The Cypress | 1BR,1BA | $1.19 |
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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 $672 to $2,449. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penrose ranging from $400 to $2,800.
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 $2,800 with an average monthly rent of $1,030.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
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.