6041 Harney Ave
St. LouisMO63136
Cheap Homes for Rent in Penrose Neighborhood of Saint Louis, MO from $400 (18 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
4221 Dardenne Dr
St. LouisMO63120
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
4424 Marcus Ave
St. LouisMO63115
5468 Gilmore Ave
St. LouisMO63120
4521 Oakwood Ave
St. LouisMO63121
4931 Plover Ave
St. LouisMO63120
4935 Alcott Ave
St. LouisMO63120
3819 Kossuth Ave
St. LouisMO63107
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.
5919 Sherry Ave
St. LouisMO63136
5657 Roosevelt Pl
St. LouisMO63120
6506 Lillian Ave
JenningsMO63136
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$7752 Bedroom Apartments Available Aug 1
5478 Queens Ave, Unit 1S
5478 Queens AveSt. Louis, MO 63115
5657 Roosevelt Pl
St. LouisMO63120
2603 Belle Glade Ave
St. LouisMO63113
Cash 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.
Showing Results 1-18, 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 | $965 | $249 | $1,925 |
| Penrose 3 Bedroom Homes for Rent | $1,056 | $275 | $1,550 |
| Penrose 4 Bedroom Homes for Rent | $849 | $299 | $1,400 |
| Penrose 5 Bedroom Homes for Rent | $1,250 | $1,000 | $1,500 |
| Penrose 6 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 18 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 Studio unit found at The Regency at Saint Louis priced from $679. 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 | $679 |
| Fairgrounds Park Place Apartments | The Cypress - 1Br / 1Ba | 1BR,1BA | $680 |
| Homer G. Phillips Apartments for 55 and older | One Bedroom One Bath | 1BR,1BA | $765 |
| 5345-49 Cabanne | 1 Bedroom | 1BR,1BA | $800 |
| Sullivan Place Apartments | 1 Bed, 1 bath | 1BR,1BA | $895 |
Best Value Apartments for Rent in Penrose, MO
As of June 18, 2026 the best value apartment in the Penrose area is the $0.87 price per square foot 4628 Enright Ave Model at 4628 Enright Ave, Unit 2 in the in the Cheltenham neighborhood starting from $1,300. The second greatest value Penrose apartment is the 4626 Enright Ave Model at 4626 Enright Ave starting at $1,100 with a $0.73 price per square foot in the Cheltenham 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. |
|---|---|---|---|
| 4628 Enright Ave, Unit 2 | 4628 Enright Ave | 3BR,1BA | $0.87 |
| 4626 Enright Ave | 4626 Enright Ave | 2BR,1BA | $0.73 |
| 2026 E Adelaide Ave, Unit Downstairs | 2026 E Adelaide Ave | 2BR,1BA | $0.83 |
| 2030 E Fair Ave, Unit Fair ave | 2030 E Fair Ave | 2BR,1BA | $0.50 |
| 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 | 2BR,1.5BA | $0.95 |
| College Hill Apartments | Townhome | 2BR,1.5BA | $0.95 |
| 1527 E Grand Blvd | 2 bed | 2BR,1.5BA | $0.88 |
| 4839 Hammett Pl, Unit 4839 Hammett Pl | 4839 Hammett Pl | 2BR,1BA | $0.84 |
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 Article
Local 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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.
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Pet Friendly LifestylePenrose, Saint Louis, MO
Ranked #162
Among cities in Missouri for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Penrose, Saint Louis, MO
Ashland Elementary And Br.
St. Louis City School District
Public School - Grades PK-5 (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 186 Apartments for Rent in Penrose, MO with pricing that ranges from $600 to $2,625. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penrose ranging from $249 to $3,000.
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 $3,000 with an average monthly rent of $1,198.
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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.