Cheap Homes for Rent in the Penrose Neighborhood of Saint Louis, MO from $400 (5 Rentals)

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Penrose, St. Louis, MO Local Guide

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 ListingModel NameBed/BathPriced From
4650 Pope Ave4650 Pope Ave2BR, 1BA$950
5200 Von Phul St5200 Von Phul St1BR, 1BA$1,050
4845 Anderson Ave4845 Anderson Ave2BR, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
5006 Queens Ave, Unit 25006 Queens Ave2BR, 1BA$0.66
4650 Pope Ave4650 Pope Ave2BR, 1BA$0.88
4845 Anderson Ave4845 Anderson Ave2BR, 1.5BA$1.00
2613 Belle Glade Ave2613 Belle Glade Ave2BR, 1.5BA$1.05
5256 Lotus Ave5256 Lotus Ave2BR, 1BA$1.20
5006 Queens Ave5006 Queens Ave2BR, 1BA$1.32
7113 Beulah Ave7113 Beulah Ave2BR, 1BA$1.10
5200 Von Phul St5200 Von Phul St1BR, 1BA$1.31

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.

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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

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Navigating the Rental Market: Tips for First-Time Renters

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Real 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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Pet Friendly Lifestyle
Penrose, Saint Louis, MO

Ranked #163

Among cities in Missouri for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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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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.

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Finding the right neighborhood to rent near your St. Louis college or university isn’t just about convenience.

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A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in St. Louis

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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.

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