Cheap Apartments for Rent in the Penrose Neighborhood of Saint Louis, MO from $400 (32 Rentals)

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

St. Louis's Best Affordable Neighborhoods

Learn about St. Louis and the best places to live with original content written by our St. Louis, MO Local Expert Taryn Shorr-Mckee

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Stratford Manor
1 to 2 Bedroom Apartments

Stratford Manor

4000 Peyton LnSt. Louis, MO 63120
Senior Living
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Hyde Park Village
1 to 2 Bedroom Apartments

Hyde Park Village

4040 Peck StSt. Louis, MO 63107
Senior Living
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PT Bosley Estates
1 Bedroom Apartments

PT Bosley Estates

4500 Mary AveSt. Louis, MO 63107
Senior Living
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San Remo Apartments
1 to 4 Bedroom Apartments

San Remo Apartments

848 N Kingshighway BlvdSt. Louis, MO 63108
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Archway Commons
1 to 2 Bedroom Apartments

Archway Commons

2707 Rauschenbach AveSt. Louis, MO 63106
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Calvary Apartments
1 Bedroom Apartments

Calvary Apartments

5239 W Florissant AveSt. Louis, MO 63115
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Griot Apartments
1 Bedroom Apartments

Griot Apartments

2505 Saint Louis AveSt. Louis, MO 63106
Showing Results 1-32, Page 1 of 1

Penrose, St. Louis, MO Local Guide

Cheapest Available Penrose Apartments for Rent

 

The cheapest available apartment rental in the Penrose area of St. Louis, MO is a 2 Beds unit found at Coronado Place and Towers priced from $489. The Regency at Saint Louis has the second lowest priced unit, which is a Studio apartment currently listed from $659. Here are the most affordable Penrose apartments for rent in St. Louis, MO:

Apartment ListingModel NameBed/BathPriced From
Coronado Place and TowersThe Topaz2BR,1BA$489
The Regency at Saint LouisStudioStudio,1BA$659
Fairgrounds Park Place Apartments*The Cypress1BR,1BA$680
Homer G. Phillips Apartments for 55 and olderOne Bedroom One Bath1BR,1BA$775
College Hill ApartmentsGarden Style Apartment2BR,2BA$850
The Reserve at Heritage2 Bed Garden Large2BR,1BA$869
The StetsonStudio 1 bathroom - FStudio,1BA$900
CWEOne Bedroom One Bath - CHF6001BR,1BA$901
Convent Gardens ApartmentsEfficiencyStudio,1BA$911

Best Value Apartments for Rent in Penrose, MO

As of February 19, 2025 the best value apartment in the Penrose area is the $0.85 price per square foot 5141 Wabada Ave Model at 5141 Wabada Ave, Unit 1 in the in the Lewis Place neighborhood starting from $1,000. The second greatest value Penrose apartment is the 2 Bedroom 1.5 Bath Townhouse Model at Westminster Place Apartments and Townhomes starting at $1,395 with a $1.33 price per square foot in the Central West End 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.
5141 Wabada Ave, Unit 15141 Wabada Ave3BR,1BA$0.85
Westminster Place Apartments and Townhomes2 Bedroom 1.5 Bath Townhouse2BR,1.5BA$1.33
College Hill Apartments1425 Grand2BR,2BA$0.85
Homer G. Phillips Apartments for 55 and olderOne Bedroom One Bath1BR,1BA$0.89
The Reserve at Heritage2 Bed Garden2BR,1.5BA$1.07
4117 Carter Ave, Unit 4117 Carter4117 Carter Ave1BR,1BA$0.96
The Savoy1 bedroom 1 bathroom1BR,1BA$1.85
CWEOne Bedroom One Bath - CHF6001BR,1BA$1.50
Fairgrounds Park Place Apartments*The Cypress1BR,1BA$1.19
The Regency at Saint LouisStudioStudio ,1BA$1.55

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Pet Friendly Lifestyle
Penrose, Saint Louis, MO

Ranked #80

Among neighborhoods in Saint Louis, MO for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Penrose, Saint Louis, MO

School data provided by Great Schools

Best Local Schools in
Penrose, Saint Louis, MO

School data provided by Great Schools

Getting Around the Penrose Neighborhood in Saint Louis, MO

Walk Score®

64 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

48 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

40 / 100

Some Transit

A few 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 the Cheapest Studio apartment in Penrose?

Currently the most affordable Cheap Studio Apartment in Penrose is at The Regency at Saint Louis listed at $659.

How much is rent for a Cheap One Bedroom Penrose Apartment?

The lowest price for a Cheap One Bedroom Penrose Apartment is $680 at Fairgrounds Park Place Apartments.

What is the lowest price for a Cheap Two Bedroom Penrose Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Penrose is starting from $489 at Coronado Place and Towers.

What is the most affordable Penrose Three Bedroom Apartment?

The best deal on a cheap Penrose Three Bedroom Apartment rental is at Coronado Place and Towers and starts from $679.

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

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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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What to Know About Fees and Fines When Renting

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When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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How Your Move-In Inspection Can Protect Your Security Deposit

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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.