Your Fresh Start for Spring - Welcome warmer days in a beautiful new home at The Penrose. Receive 8 Weeks Free Base Rent on select units when you lease today! *Minimum lease term applies. Other costs and fees excluded.
Pricing and Floor Plans
Cost Calculator: Estimate your monthly and one-time fees.
S1
$1,536 - $3,119
Studio, 1 Bath
, 574 Sq. Ft.
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2 Rentals Available
Unit
Total Price
Sq. Ft.
Available
466
$1,603
574 Sq. Ft.
Now
210
$1,589
574 Sq. Ft.
5/13/26
A2
$1,692 - $3,311
1 Bed, 1 Bath
, 658 - 696 Sq. Ft.
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5 Rentals Available
Unit
Total Price
Sq. Ft.
Available
114
$1,692
678 Sq. Ft.
Now
428
$1,860
678 Sq. Ft.
Now
440
$1,788
678 Sq. Ft.
Now
A3
$1,873 - $3,467
1 Bed, 1 Bath
, 723 Sq. Ft.
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4 Rentals Available
Unit
Total Price
Sq. Ft.
Available
391
$1,890
723 Sq. Ft.
Now
127
$1,923
723 Sq. Ft.
Now
180
$1,873
723 Sq. Ft.
4/10/26
A1
$1,777 - $3,239
1 Bed, 1 Bath
, 645 - 743 Sq. Ft.
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3 Rentals Available
Unit
Total Price
Sq. Ft.
Available
468
$1,855
645 Sq. Ft.
Now
138
$1,777
693 Sq. Ft.
5/7/26
270
$1,822
645 Sq. Ft.
6/10/26
B4LW
$2,459 - $4,149
1 Bed, 1 Bath
, 1,136 Sq. Ft.
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2 Rentals Available
Unit
Total Price
Sq. Ft.
Available
182
$2,459
1,136 Sq. Ft.
Now
183
$2,487
1,136 Sq. Ft.
Now
A5
$1,897 - $3,218
1 Bed, 1 Bath
, 760 Sq. Ft.
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1 Rental Available
Unit
Total Price
Sq. Ft.
Available
175
$1,897
760 Sq. Ft.
Now
B2
$2,787 - $4,612
2 Beds, 2 Baths
, 1,075 Sq. Ft.
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May. 1
Unit
Total Price
Sq. Ft.
Available
460
$2,787
1,080 Sq. Ft.
5/1/26
207
$2,802
1,102 Sq. Ft.
5/22/26
203
$2,907
1,107 Sq. Ft.
5/29/26
B1
$2,812 - $4,463
2 Beds, 2 Baths
, 1,059 Sq. Ft.
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May. 25
Unit
Total Price
Sq. Ft.
Available
325
$2,812
1,059 Sq. Ft.
5/25/26
B4
$2,672 - $4,244
2 Beds, 2 Baths
, 1,124 Sq. Ft.
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Jun. 1
Unit
Total Price
Sq. Ft.
Available
324
$2,672
1,070 Sq. Ft.
6/1/26
B3
$2,732 - $4,338
2 Beds, 2 Baths
, 1,025 Sq. Ft.
Show Floor Plan Details
Jun. 5
Unit
Total Price
Sq. Ft.
Available
432
$2,732
1,025 Sq. Ft.
6/5/26
* Price shown is total price based on community-supplied monthly required fees. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.
* Price shown is total price based on community-supplied monthly required fees. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.
* Price shown is total price based on community-supplied monthly required fees. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.
* Price shown is total price based on community-supplied monthly required fees. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.
The fees below are based on community-supplied data and may exclude additional fees and utilities.
Utilities & Essentials
Utility - Electric - Third Party
Varies / mo
Utility - Billing Administrative Fee
$3.75 / mo
Pest Control Services
$6 / mo
Trash Services - Hauling
$43 / mo
Utility - Water/Sewer
Varies / mo
Disclaimer: Utility apportionment is submetered water/gas/electric.
Renters Liability Insurance - Third Party
Varies / mo
Parking Fee
$30 / mo
One-Time Basics
Due at Application
Application Fee
$85
Administrative Fee
$250
Due at Move-In
Security Deposit (Refundable)
$250
Access Device
$50
Other Parking Fees
Parking - Reserved
$100 / mo
Comments
Max of 1
Additional Parking Options
Garage
Pet Fees
Pet Management - Third Party
$20 - $30
Disclaimer: Price varies based on payment method.
Pet Rent
$20 / mo
Pet Fee - Additional Pet
$100
Pet Fee
$450
Cats
Cats Allowed
Max of 2, 100 lbs. Weight Limit
Restrictions
None
Comments
Cats and dogs are welcome
Dogs
Dogs Allowed
Max of 2, 100 lbs. Weight Limit
Restrictions
None
Comments
Cats and dogs are welcome
Storage Unit
Storage Fee
$35 - $150 / mo
Disclaimer: Price varies based on rentable item size.
Personalized Add-Ons
Renters Liability/Content - Property Program
$14.50 / mo
Situational
Late Fee
5% of base rent / occurrence
Early Lease Termination/Cancellation
200% of base rent / occurrence
Legal/Eviction Fees
Varies / occurrence
Disclaimer: Price varies based on amount of coverage.
Returned Payment Fee (NSF)
$35 / occurrence
Access Device - Replacement
$75 - $100 / occurrence
Disclaimer: Price varies based on amenity type.
Intra-Community Transfer Fee
$750 - $1,000 / occurrence
Disclaimer: Price varies based on timing of move-out.
Access/Lock Change Fee
$10 / occurrence
Renters Liability Only - Non-Compliance
$10.75 / occurrence
Resident Change Fee
$250
Property Fee Disclaimer Total Monthly Leasing Price includes base rent, all monthly mandatory and any user-selected optional fees. Excludes variable, usage-based, and required charges due at or prior to move-in or at move-out. Security Deposit may change based on screening results, but total will not exceed legal maximums. Some items may be taxed under applicable law. Some fees may not apply to rental homes subject to an affordable program. All fees are subject to application and/or lease terms. Prices and availability subject to change. Resident is responsible for damages beyond ordinary wear and tear. Resident may need to maintain insurance and to activate and maintain utility services, including but not limited to electricity, water, gas, and internet, per the lease. Additional fees may apply as detailed in the application and/or lease agreement, which can be requested prior to applying.
Pets: Pet breed and other pet restrictions apply.
Rentable Items: All Parking, storage, and other rentable items are subject to availability. Final pricing and availability will be determined during lease agreement.
See Leasing Agent for details.
Matterport 3D Tours
Property Highlights
The Penrose welcomes you to a distinctive sanctuary where you can find yourself and lose yourself in the industrial charm and culture of Charlottes blooming South End neighborhood. Our collection of studio, 1- and 2-bedroom apartment homes offers thoughtfully sourced features and carefully curated amenities tailored to your lifestyle. With nearby access to the Charlotte Rail Trail, The Penrose is moments from local shops, gathering spots, gallery walks, local history and South End shopping and dining.
Spacious kitchen islands with quartz counterops
Resort-Inspired Pool with In-water Tanning Ledge
Grilling courtyard
Handicap Accessible
Spacious walk-in closets
Wood-style plank flooring throughout homes
Choice of 3 contemporary designer palettes
Designated live/work spaces
Makers Space
Stackable Washer/Dryer in Unit
Balcony
Cable
Ceiling Fan
Disposal
Fire-pit courtyard
Full-size washers and dryers
Gaming Lounge
Lofty 9-foot ceilings
LoneStar Market
Patio
Pet-friendly community
Resident Gaming Lounge with Billiards Table
Resident Lounge with Demonstration Kitchen
Sky Lounge with Breathtaking City Views
Attic Lounge with city view
Full-Size Washer/Dryer in Unit
Range
Bike Repair Shop and Storage
Large Closets
Window Coverings
Apartment Features
Air Conditioning
Attic
Balcony
Ceiling Fans
Dishwasher
Disposal
Double Vanities
Freezer
Granite Countertops
Heating
High Speed Internet Access
Ice Maker
Island Kitchen
Kitchen
Microwave
Oven
Patio
Range
Refrigerator
Smoke Free
Sprinkler System
Stainless Steel Appliances
Walk-In Closets
Washer/Dryer
Window Coverings
Community Features
24 Hour Access
Bicycle Storage
Business Center
Clubhouse
Community-Wide WiFi
Controlled Access
Courtyard
Disposal Chutes
Dog Park
Elevator
Fitness Center
Gameroom
Garages
Key Fob Entry
Lounge
Maintenance on site
On-Site Retail
Pet Play Area
Planned Social Activities
Pool
Property Manager on Site
Renters Insurance Program
Trash Pickup - Door to Door
Walking/Biking Trails
Area Scores
Walkability
Moderately walkable70 / 100
Transit
Good public transit60 / 100
Driveability
Very drivable80 / 100
Bikeability
Fairly bikeable50 / 100
Scores provided by
Soundscore ™
Active75 / 100
Scores provided by
HowLoud
Transit
Subway
East/West
2 min Drive
Subway
New Bern
3 min Drive
Commuter Rail
Charlotte Amtrak Station
8 min Drive
Airport
Charlotte/Douglas International
14 min Drive
Airport
Concord-Padgett Regional
29 min Drive
Moving to Brookhill, Charlotte, NC
Shopping Centers
Shoppers will appreciate Penrose proximity to Steel Yard, Atherton Mill, and The Avenues at Atherton. Steel Yard is 0.4 miles away, and Atherton Mill is within a 7 minute walk.
Commuting
With a TransitScore of 60, Penrose has good public transit, including 8 transit stops within 29.4 miles. Transit options include East/West and Bland Street.
Parks and Recreation
Recreational activities near Penrose are plentiful. Discover 4 parks within 4.1 miles, including Discovery Place, Charlotte Nature Museum, and Wing Haven Gardens & Bird Sanctuary.
Airports
Living in Brookhill provides easy access to Charlotte/Douglas International, located just 13 minutes from Penrose. Another nearby airport is Concord-Padgett Regional, located 18.6 miles away.
Property Details
The Penrose welcomes you to a distinctive sanctuary where you can find yourself and lose yourself in the industrial charm and culture of Charlottes blooming South End neighborhood. Our collection of studio, 1- and 2-bedroom apartment homes offers... thoughtfully sourced features and carefully curated amenities tailored to your lifestyle. With nearby access to the Charlotte Rail Trail, The Penrose is moments from local shops, gathering spots, gallery walks, local history and South End shopping and dining.
The Penrose welcomes you to a distinctive sanctuary where you can find yourself and lose yourself in the industrial charm and culture of Charlottes blooming South End neighborhood. Our collection of studio, 1- and 2-bedroom apartment homes offers thoughtfully sourced features and carefully curated amenities tailored to your lifestyle. With nearby access to the Charlotte Rail Trail, The Penrose is moments from local shops, gathering spots, gallery walks, local history and South End shopping and dining.
Penrose is located in Charlotte, NC in the 28203 zip code.
Contact
Property Address: 327 W Tremont Ave, Charlotte, NC 28203
The Penrose has been a great home, it’s clean, great amenities, nice interiors for a decent price and the Maintance team is great!
Review from Apartments.com
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Property Manager at Penrose responded to this review
Hello, we strive for 100% satisfaction, and it is great to see you had such a positive experience at The Penrose.
1/29/26
Verified Renter
Overall, it’s been a good place to live and I’m generally happy with the apartment and community. The main downside has been parking. There seem to be a lot of reserved spots compared to general parking, so it can be surprisingly difficult to find a place to park—especially during peak hours or in the evenings. I’ve had a few nights where I’ve had to circle longer than expected or park farther away than I should need to.
Review from Apartments.com
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Property Manager at Penrose responded to this review
Thank you for taking the time to share your experience with us. We’re really glad to hear that you’re happy overall with your apartment and the community.We appreciate your honest feedback regarding parking. We understand how frustrating it can be to... search for a spot, especially during peak evening hours, and we know this can impact convenience. Parking availability is something we continue to monitor closely as we work to balance reserved and general parking needs across the community.Thank you again for being part of our community and for sharing your thoughts—we truly value resident feedback as it helps guide future improvements.
1/27/26
Verified Renter
Building is nice, parking isn’t the best. Noise on the left side of the building can be an issue on the weekends with the bar next door. Never an issue with anything located in the apartment, great features
Review from Apartments.com
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Property Manager at Penrose responded to this review
Thank you for sharing your feedback. We’re glad to hear you’re enjoying the building itself and the features within your apartment. We appreciate your comments regarding parking and weekend noise. Being located in a vibrant area does come with nearby... activity, and we understand that this can sometimes be disruptive. Your feedback helps us continue to evaluate ways we can best support resident comfort while maintaining the benefits of our location.
1/20/26
Verified Renter
This is a great spot. The location is hard to beat. The property is well maintained and mgmt is friendly. Parking can be a little tight if you don’t reserve a spot
Review from Apartments.com
Was this helpful?
Property Manager at Penrose responded to this review
Thank you so much for the kind words! We’re glad to hear you’ve enjoyed the location, upkeep of the community, and working with our team — that truly means a lot to us. We appreciate you calling out the parking experience as well. While availability... can vary, reserved parking options are available for residents who prefer guaranteed access, and we continue to monitor garage usage to keep things running as smoothly as possible. Thanks again for being part of our community — we’re grateful to have you here!
1/10/26
Verified Renter
Great apartment. Fabulous staff, good amenities, and amazing location. I have enjoyed my time here and plan to stay a while. I definitely recommend the Penrose!