3 Bedroom Apartments for Rent in Penrose, NC (44 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Penrose, NC Local Guide

Largest Available Penrose and Nearby 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Penrose, NC is found at Artisan Living Mills River in the Kayden Valley neighborhood and is 1,818 square feet priced from $2,550. Park Residence in the South End neighborhood has the second largest 3 Bedroom, which is sized at 1,696 square feet and currently listed start at $1,925. Here is today’s list of the largest available 3 Bedroom units in Penrose:

Apartment ListingModel NameSquare FootagePriced From
Artisan Living Mills RiverMagnolia1,818 Sq Ft$2,550
Park Residence3 Bedroom1,696 Sq Ft$1,925
Burton HillsC11,655 Sq Ft$2,259
Retreat at Arden FarmsC11,484 Sq Ft$2,055
Universal at Lakewood3 Bedroom, 2.5BA Townhome with Drive Under Garage1,440 Sq Ft$2,009
Audubon PlaceThe Dove1,430 Sq Ft$2,215
The Groves at Town CenterDartmouth Patio & Sunroom1,408 Sq Ft$2,125
Palisades of Asheville3 Bedroom Sunroom1,383 Sq Ft$1,895
Seasons at Cane CreekMallard- Sunroom1,383 Sq Ft$1,915
Dilworth Apartment HomesThree Bedroom Sunroom1,382 Sq Ft$1,795

Cheapest Available Penrose and Nearby 3 Bedroom Apartments

As of March 12, 2025 the lowest priced 3 Bedroom apartment unit in Penrose, NC is the Blueridge Model starting from $1,695 at Kensington Place in the King Heights neighborhood. The second most affordable Penrose 3 Bedroom is the Three Bedroom Sunroom Model at Dilworth Apartment Homes starting at $1,795 in the Biltmore Lake neighborhood. The average price for all 3 Bedroom apartments in Penrose is currently $2,410. Here is today’s list of the cheapest available 3 Bedroom options in Penrose:

Apartment ListingModel NamePriced From
Kensington PlaceBlueridge$1,695
Dilworth Apartment HomesThree Bedroom Sunroom$1,795
Nova at Biltmore ParkThe Magnolia$1,799
Brittany Place Apartment HomesThe Keepsake$1,815
Palisades of Asheville3 Bedroom Patio$1,855
Riverstone Apartments at Long ShoalsClarendon$1,885
Seasons at Cane CreekMallard- Sunroom$1,915
Park Residence3 Bedroom$1,925
Dream Asheville ExchangeC1$1,999
Aventine AshevilleThe Summit$2,004

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Penrose, NC

Ranked #23

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Penrose, NC Rentals by Map

View MapPenrose, NC Apartments MapView MapPenrose, NC Rental Homes Map

Frequently Asked Questions about 3 Bedroom Penrose Apartments

What is the Cheapest apartment in Penrose with 3 Bedroom?

Currently the most affordable 3 Bedroom in Penrose is at Kensington Place listed at $1,695.

How much is the average rent for a 3 Bedroom Penrose Apartment?

The average rent for a 3 Bedroom Apartment in Penrose is $2,410.

What is the largest available 3 Bedroom Penrose Apartment for rent?

Today's apartment with the most square footage in Penrose is a 1,818 square feet unit starting from $2,550 at Artisan Living Mills River.

What is the average size for Penrose 3 Bedroom Apartments for rent?

The average size for a 3 Bedroom rental in Penrose is currently 1,996 sq ft.

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

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.

decorative image for Signing Your Apartment Lease: The Basics article

Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.