Penrose CO Apartments

5 rentals

Apartments For Rent Near Penrose, CO

We found 30 more apartments matching your filters just outside Penrose

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 decreased in May 2026 compared to the previous month. Rent previously peaked in Jan 2026.
MonthAverage rent
Nov 2025$651
Dec 2025$664
Jan 2026$1,550
Apr 2026$1,300
May 2026$1,013
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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$800$1,145$2,371$3,300$1,145
Apartments and Condos$800$1,145$800
Houses$2,371$3,300$2,371

Frequently Asked Questions about Apartments and Condos for rent in Penrose, CO

  • What is the average rent of an apartment in Penrose, CO?
    The average rent of an apartment in Penrose, CO is $967 per month. This is about 50% lower than the national average.
  • When is the average rent cheapest in Penrose, CO?
    In the last year, the average rent in Penrose, CO was lowest in Nov 2025 when it was $651 per month.
  • When is the average rent most expensive in Penrose, CO?
    In the last year, the average rent in Penrose, CO was highest in Dec 2025 when it was $664 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Penrose, CO?
    The average rent of a 1 bedroom apartment in Penrose, CO is $1,000 per month. That is about $375 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in Penrose, CO?
    There are 6 available apartments or condos to rent 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.