
Cheap Homes for Rent in the Penrose Neighborhood of Saint Louis, MO from $400 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Penrose area of Saint Louis.


4920 San Francisco Ave
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5257 Alcott Ave

4923-4925-4925 Suburban Tracks St
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4418 Athlone Ave
Penrose, St. Louis, MO Local Guide

How much does it cost to rent a home in Penrose?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penrose 2 Bedroom Homes for Rent | $1,093 | $695 | $1,300 |
| Penrose 3 Bedroom Homes for Rent | $1,285 | $550 | $2,265 |
| Penrose 4 Bedroom Homes for Rent | $1,400 | $1,400 | $1,400 |
| Penrose 5 Bedroom Homes for Rent | $862 | $725 | $1,000 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 Homes for Rent
 The cheapest available rental home in the Penrose area of St. Louis, MO is a 2 Beds home found at 4650 Pope Ave priced from $950. 5200 Von Phul St has the second lowest priced home, which is a 1 Bed rental home currently listed from $1,050. Here are the most affordable Penrose homes for rent in St. Louis, MO:
| Home Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 4650 Pope Ave | 4650 Pope Ave | 2BR, 1BA | $950 |
| 5200 Von Phul St | 5200 Von Phul St | 1BR, 1BA | $1,050 |
| 4845 Anderson Ave | 4845 Anderson Ave | 2BR, 1BA | $1,060 |
Best Value Homes for Rent in Penrose, MO
As of September 16, 2026 the best value rental home in the Penrose area is the $0.66 price per square foot 5006 Queens Ave Model at 5006 Queens Ave, Unit 2 in the Walnut Park West neighborhood starting from $1,300. The second greatest value Penrose rental home is the 4650 Pope Ave Model at 4650 Pope Ave in the Walnut Park West neighborhood starting at $950 with a $0.88 price per square foot. Here is today’s list of the best values for Penrose homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 5006 Queens Ave, Unit 2 | 5006 Queens Ave | 2BR, 1BA | $0.66 |
| 4650 Pope Ave | 4650 Pope Ave | 2BR, 1BA | $0.88 |
| 4845 Anderson Ave | 4845 Anderson Ave | 2BR, 1.5BA | $1.00 |
| 2613 Belle Glade Ave | 2613 Belle Glade Ave | 2BR, 1.5BA | $1.05 |
| 5256 Lotus Ave | 5256 Lotus Ave | 2BR, 1BA | $1.20 |
| 5006 Queens Ave | 5006 Queens Ave | 2BR, 1BA | $1.32 |
| 7113 Beulah Ave | 7113 Beulah Ave | 2BR, 1BA | $1.10 |
| 5200 Von Phul St | 5200 Von Phul St | 1BR, 1BA | $1.31 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleLocal Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in St. Louis
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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.
Read ArticleQuick 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.
Pet Friendly LifestylePenrose, Saint Louis, MO
Ranked #163
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
Ashland Elementary And Br.
Yeatman-Liddell Middle School
School data provided by Great Schools
Frequently Asked Questions about Penrose
What type of rentals are currently available in Penrose?
There are currently 182 Apartments for Rent in Penrose, MO with pricing that ranges from $630 to $2,465. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penrose ranging from $400 to $2,265.
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 $2,265 with an average monthly rent of $1,096.
How much are larger Three and Four Bedroom Rentals in Penrose?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Penrose range from $950 to $1,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $550 to $2,265. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $1,425.
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

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