208 E Palmer Lake Dr
Pueblo WestCO81007
Cheap Homes for Rent in Penrose, CO from $1,000 (7 Rentals)
Cheap Homes in Penrose.
190 E Spaulding Ave
PuebloCO81007
2323 Elizabeth St
PuebloCO81003
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
61 Castle Royal Dr
PuebloCO81005
154 E Hemlock Dr
Pueblo WestCO81007
4400 Rawhide Rd
PuebloCO81008
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
98 E Byrd Dr
Pueblo WestCO81007
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Penrose, CO Local Guide
Colorado mountains by Danielle Brigida is licensed under CC BY 2.0
How much does it cost to rent a home in Penrose?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penrose 2 Bedroom Homes for Rent | $1,495 | $1,000 | $1,815 |
| Penrose 3 Bedroom Homes for Rent | $1,907 | $1,495 | $2,495 |
| Penrose 4 Bedroom Homes for Rent | $2,398 | $2,200 | $2,695 |
| Penrose 5 Bedroom Homes for Rent | $2,525 | $2,300 | $2,750 |
Browse Top Homes for Rent in Penrose
Explore Penrose
Penrose, CO Local Guide
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Cheapest Available Penrose Apartments for Rent and Nearby
The cheapest available apartment rental in Penrose, CO is a 1 Bed unit found at Skyview priced from $699. Baltimore Heights in the Sky View neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Penrose apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Skyview | 1x1_424 | 1BR,1BA | $699 |
| Baltimore Heights | 1 Bed, 1 Bath | 1BR,1BA | $850 |
| Briarwood Apartments | 1 Bedroom | 1BR,1BA | $895 |
Best Value Apartments for Rent in Penrose, CO and Nearby
As of May 02, 2025 the best value apartment in the Penrose area is the $1.36 price per square foot 3 bedroom Model at North Ridge Heights in the in the Sky View neighborhood starting from $1,500. The second greatest value Penrose apartment is the Summerfield Model at Cheyenne Crossing starting at $1,625 with a $1.63 price per square foot in the Cheyenne Hills 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. |
|---|---|---|---|
| North Ridge Heights | 3 bedroom | 3BR,2BA | $1.36 |
| Cheyenne Crossing | Summerfield | 2BR,2BA | $1.63 |
| Westmeadow Peaks | 2 Bedroom | 2BR,1BA | $1.58 |
| 2018 Vinewood Apartments | Two Bedroom | 2BR,1BA | $1.37 |
| Oasis at Belmont | Oasis Belmont ** Special ** 2nd Month Free ** | 2BR,1BA | $1.57 |
| Briarwood Apartments | 1 Bedroom | 1BR,1BA | $1.38 |
| Broadmoor Park Tower | KaloSolo | 1BR,1BA | $1.57 |
| Broadmoor Park Terrace | KaloSolo | 1BR,1BA | $1.60 |
| Baltimore Heights | 1 Bed, 1 Bath | 1BR,1BA | $1.42 |
| Skyview | 1x1_424 | 1BR,1BA | $1.65 |
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Frequently Asked Questions about Penrose
What type of rentals are currently available in Penrose?
There are currently 53 Apartments for Rent in Penrose, CO with pricing that ranges from $699 to $4,078. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penrose ranging from $1,000 to $2,750.
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 $1,000 to $2,750 with an average monthly rent of $1,920.
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 $926 to $4,078, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $2,495. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $926.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
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.