Apartments For Rent in Penrose, CO

7 rentals

Apartments For Rent Near Penrose, CO

We found 30 more apartments matching your filters just outside Penrose

What Locals Say about Penrose

  • Pstiller
    "I live here, over live here ten years. like the people a lot but not the inconvenience. only one gas station, one very limited grocery. one bank. "
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  • rstillday
    "I've lived in Penrose for two years now and love the area, everything is close and neighbors are really nice. Keep to themselves, but friendly if you need help. Great place to retire."
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  • Ken
    "The area is good for horse or animal lovers. The county is only allowing homes or doublewide mobiles in the areas. No singlewides of any year or style are allowed. The area consist of half gravel and half paved roads. There is a huge mix of home types in the area. In 20 years it may become a more sought after area. The local folks do not want to be incorporated like the county would like it to be."
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Average Rent Trends in Penrose, CO

Rent in Penrose, CO varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Feb 2026.
MonthAverage rent
Mar 2025$2,300
May 2025$1,700
Jul 2025$2,600
Sep 2025$1,695
Oct 2025$1,695
Nov 2025$677
Dec 2025$700
Jan 2026$1,700
Feb 2026$3,800
Mar 2026$2,200
Apr 2026$1,400
May 2026$1,400
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,400$1,145$2,371$3,300$1,400
Apartments and Condos—$1,700——$625
Houses——$2,371$3,300$2,276
See more information about local market trends in Penrose, CO

Frequently Asked Questions about Rentals in Penrose, CO

  • What is the average rent in Penrose, CO?
    The average rent in Penrose, CO is $1,145. Rent prices range from $625 to as much as $2,371, depending on the type of rental.
  • How does the rent in Penrose, CO compare to the national average?
    Average rent in Penrose, CO is about 40% lower than the national average rent of $1,910. That means it is less expensive to rent in Penrose compared to the U.S. average.
  • What is the average rent in Penrose, CO, by number of bedrooms?
    The average rent in Penrose, CO is $625 for a studio, $1,400 for a 1 bedroom, $1,145 for a 2 bedroom, $2,371 for a 3 bedroom, and $3,300 for a 4 bedroom.
  • How have rent prices in Penrose, CO changed compared to last year?
    In the past year, the average rent price in Penrose, CO has increased by $1,145. That means the average rent is 100% higher than last year.
  • How many available rental listings are in Penrose, CO?
    There are 6 available rental listings in Penrose, CO.
  • What are some zip codes in Penrose, CO?
    Penrose, CO includes zip codes such as: 81240.
  • What are some cities near Penrose, CO?
    Some nearby cities include: Brookside, Florence, Victor, Williamsburg, Rockvale. These cities may have more rental options to explore.