Cheap Apartments for Rent in the Penrose Neighborhood of Arlington, VA from $1,300 (19 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Penrose area of Arlington.

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2112 Columbia Pike
1 Bedroom Apartments

2112 Columbia Pike

2112 Columbia PikeArlington, VA 22204
  • Utilities Included
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Shawnee Apartments
Studio to 1 Bedroom Apartments

Shawnee Apartments

700 S Court House RdArlington, VA 22204
  • Utilities Included
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2121 Columbia Pike
1 to 2 Bedroom Apartments

2121 Columbia Pike

2121 Columbia PikeArlington, VA 22204
Showing Results 1-19, Page 1 of 1

Penrose, Arlington, VA Local Guide

Cheapest Available Penrose Apartments for Rent

 

The cheapest available apartment rental in the Penrose area of Washington, VA is a Studio unit found at Dorchester Apartments priced from $1,515. Dorchester Towers Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,520. Here are the most affordable Penrose apartments for rent in Washington, VA:

Apartment ListingModel NameBed/BathPriced From
Dorchester ApartmentsStudioStudio,1BA$1,515
Dorchester Towers ApartmentsStudio ApartmentStudio,1BA$1,520
Fillmore Garden Apartments1 Bedroom Classic1BR,1BA$1,529
WellingtonStudio - S1AStudio,1BA$1,633
Dominion TowersOne Bedroom/One Bath1BR,1BA$1,650

Best Value Apartments for Rent in Penrose, VA

As of April 10, 2025 the best value apartment in the Penrose area is the $2.80 price per square foot B4 - Renovated Model at Columbia Crossing in the in the Cherrydale neighborhood starting from $3,024. The second greatest value Penrose apartment is the 1 BEDROOM LOFT (A1.5BL) Model at Delancey at Shirlington Village starting at $2,999 with a $3.38 price per square foot in the Old Town neighborhood. Here is today’s list of the best values for Penrose apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Columbia CrossingB4 - Renovated2BR,2BA$2.80
Delancey at Shirlington Village1 BEDROOM LOFT (A1.5BL)1BR,1.5BA$3.38
Dominion TowersTwo Bedroom/One Bath2BR,1BA$2.58
Penrose Apartments1B-B1BR,1BA$2.81
2121 Columbia Pike151BR,1BA$2.60
Siena Parka121BR,1BA$3.22
Fillmore Garden Apartments1 Bedroom Renovated1BR,1BA$2.46
2200 Columbia Pike111BR,1BA$2.98
Dorchester ApartmentsStudioStudio ,1BA$2.50
WellingtonStudio - S1AStudio ,1BA$2.99

Quick Rent Budget Calculator

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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 Lifestyle
Penrose, Arlington, VA

Ranked #63

Among neighborhoods in Arlington, VA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Penrose Neighborhood in Arlington, VA

Walk Score®

76 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

72 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

56 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Penrose Apartments

What is a cheap apartment in Penrose?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Penrose is under $2,097.

What is the price of a cheap apartment in Penrose?

The cheapest apartment in Penrose is Fillmore Garden Apartments which is listed at $1,529, while the average apartment in Penrose costs $5,895.

What types of apartments are the cheapest in Penrose?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 55 regular apartments in Penrose that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Penrose?

Cheap apartments in Penrose have an average cost of $460 which is $5,435 cheaper than the average rent for all rentals in Penrose.

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.