4641 Washington Ave
St. LouisMO63108
Cheap Homes for Rent in Penrose Neighborhood of Saint Louis, MO from $400 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Penrose area of Saint Louis.
1960 Semple Ave
St. LouisMO63112
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.
4115 N Florissant Ave
St. LouisMO63107
3909 Vest Ave, Unit A
3909 Vest Ave
St. LouisMO63107
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Showing Results 1-4, 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 | $1,266 | $850 | $2,400 |
| Penrose 3 Bedroom Homes for Rent | $1,176 | $500 | $1,500 |
| Penrose 4 Bedroom Homes for Rent | $1,300 | $1,200 | $1,400 |
Browse Homes for Rent in this Neighborhood
There are currently 4 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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Best Value Apartments for Rent in Penrose, MO
As of May 29, 2025 the best value apartment in the Penrose area is the $0.71 price per square foot 2026 E Adelaide Ave Model at 2026 E Adelaide Ave, Unit Downstairs in the in the Lewis Place neighborhood starting from $1,025. The second greatest value Penrose apartment is the 5126 Lexington Ave Model at 5126 Lexington Ave, Unit 2 starting at $900 with a $0.75 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. |
|---|---|---|---|
| 2026 E Adelaide Ave, Unit Downstairs | 2026 E Adelaide Ave | 2BR,1BA | $0.71 |
| 5126 Lexington Ave, Unit 2 | 5126 Lexington Ave | 2BR,1BA | $0.75 |
| 5141 Wabada Ave, Unit 1 | 5141 Wabada Ave | 3BR,1BA | $0.85 |
| 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 |
| 3103 N Taylor Ave, Unit 2nd Floor | 3103 N Taylor Ave | 2BR,1BA | $1.06 |
| The Reserve at Heritage | 2 Bed Garden | 2BR,1.5BA | $1.07 |
| 4119 W Carter Ave, Unit 4119 Carter Ave | 4119 W Carter Ave | 1BR,1BA | $0.96 |
| Fairgrounds Park Place Apartments | *The Cypress | 1BR,1BA | $1.19 |
| The Regency at Saint Louis | Studio | Studio ,1BA | $1.58 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Penrose
What type of rentals are currently available in Penrose?
There are currently 176 Apartments for Rent in Penrose, MO with pricing that ranges from $489 to $5,253. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penrose ranging from $400 to $2,400.
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 $2,400 with an average monthly rent of $1,005.
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 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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.