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Penrose Apartments

327 W Tremont Ave, Charlotte, NC 28203

(64)
Floor Plan Summary
Monthly Rent Bedrooms Bathrooms
$1,573 - $6,228 Studio - 2 1 - 2

Rent Specials

Now offering one month free base rent for a limited time! *Minimum lease term applies. Other costs and fees excluded.

Pricing and Floor Plans

S1

$1,573 - $4,741
Studio, 1 Bath
574 Sq. Ft.

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Oct. 8
Unit
Price
Sq. Ft.
Available
331
$1,573
574
10/8/25
231
$1,578
574
11/12/25

A2

$1,694 - $2,355
1 Bed, 1 Bath
658 - 696 Sq. Ft.

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5 Rentals Available
Unit
Price
Sq. Ft.
Available
161
$1,761
680
Now
455
$1,786
658
Now
447
$1,818
669
Now

A1

$1,816 - $2,550
1 Bed, 1 Bath
645 - 743 Sq. Ft.

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5 Rentals Available
Unit
Price
Sq. Ft.
Available
270
$1,824
645
Now
468
$1,920
645
11/1/25
237
$1,816
693
11/4/25

A3

$1,779 - $2,346
1 Bed, 1 Bath
723 Sq. Ft.

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Oct. 22
Unit
Price
Sq. Ft.
Available
144
$1,794
723
10/22/25
133
$1,796
723
11/11/25
118
$1,779
723
11/22/25

B4LW

$2,676 - $3,254
1 Bed, 1 Bath
1,136 Sq. Ft.

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1 Rental Available
Unit
Price
Sq. Ft.
Available
182
$2,676
1,136
Now

A5

$1,869 - $2,286
1 Bed, 1 Bath
760 Sq. Ft.

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Oct. 11
Unit
Price
Sq. Ft.
Available
475
$1,869
760
10/11/25

A4

$1,929 - $2,535
1 Bed, 1 Bath
798 Sq. Ft.

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Dec. 4
Unit
Price
Sq. Ft.
Available
446
$1,929
849
12/4/25

B4

$2,451 - $6,228
2 Beds, 2 Baths
1,124 Sq. Ft.

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3 Rentals Available
Unit
Price
Sq. Ft.
Available
489
$2,680
1,093
Now
202
$2,797
1,108
11/22/25
224
$2,451
1,070
12/20/25

B2

$2,523 - $6,043
2 Beds, 2 Baths
1,075 Sq. Ft.

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3 Rentals Available
Unit
Price
Sq. Ft.
Available
403
$2,603
1,107
Now
116
$2,523
1,080
10/21/25
407
$2,722
1,102
10/26/25

B3

$2,498 - $3,482
2 Beds, 2 Baths
1,025 Sq. Ft.

Show Floor Plan Details

Oct. 20
Unit
Price
Sq. Ft.
Available
398
$2,498
1,025
10/20/25
* Price shown is base rent and may not include non-optional fees and utilities. 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.

Map of Penrose

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Nearby Colleges and Universities

School

Commute Time (Distance)

Johnson & Wales U., Charlotte

Drive: 4 min (2.3 mi)

Central Piedmont C.C., Central

Drive: 6 min (2.9 mi)

Queens University of Charlotte

Drive: 8 min (3 mi)

Johnson C Smith University

Drive: 7 min (3.7 mi)

Details

Lease Term Options

  • 3 - 15 Month Leases

Property Information

  • Built in 2018
  • 350 units / 4 stories

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

Utilities & Essentials

  • Utility - Electric - Third Party
    Varies
  • Utility - Billing Administrative Fee
    $3.75 / mo
  • Pest Control Services
    $6 / mo
  • Trash Services - Hauling
    $43 / mo
  • Utility - Water/Sewer
    Varies

One-Time Basics

Due at Application

  • Application Fee
    $85 one-time
  • Administrative Fee
    $250 one-time

Due at Move-In

  • Security Deposit (Refundable)
    $250 one-time
  • Access Device
    $25 one-time

Due at Move-Out

Property Fee Disclaimer: 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.
Pet breed and other pet restrictions apply.
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
  • Choice of 3 contemporary designer palettes
  • Designated live/work spaces
  • Makers Space
  • Stackable Washer/Dryer in Unit
  • Attic Lounge with city view
  • Full-Size Washer/Dryer in Unit
  • Range
  • Grilling courtyard
  • Handicap Accessible

Apartment Features

  • Air Conditioning
  • Attic
  • Balcony
  • Ceiling Fans
  • Dishwasher
  • Disposal
  • Double Vanities
  • Freezer
  • Granite Countertops
  • Heating

Community Features

  • 24 Hour Access
  • Bicycle Storage
  • Business Center
  • Clubhouse
  • Community-Wide WiFi
  • Controlled Access
  • Courtyard
  • Disposal Chutes
  • Dog Park
  • Elevator

Area Scores

Walk Score ®

Very Walkable87 / 100

Transit Score ®

Good Transit51 / 100

Bike Score ®

Bikeable55 / 100

Soundscore ™

Active75 / 100

Transit

Subway
East/West
2 min Drive
Charlotte Area Transit System
Subway
New Bern
3 min Drive
Charlotte Area Transit System
Commuter Rail
Charlotte Amtrak Station
8 min Drive
Amtrak
Airport
Charlotte/Douglas International
14 min Drive
Charlotte Douglas International
Airport
Concord-Padgett Regional
29 min Drive

Moving to Brookhill, Charlotte, NC

Shopping Centers

Shoppers will appreciate Penrose Apartments 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 51, Penrose Apartments has good transit, including 8 transit stops within 29.4 miles. Transit options include East/West and Bland Street.

Parks and Recreation

Recreational activities near Penrose Apartments 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 Apartments. 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.

Penrose Apartments is located in Charlotte, NC in the 28203 zip code.

Greystar

Contact

Property Address:
327 W Tremont Ave,
Charlotte, NC 28203
Phone Number: (980) 990-3972
More Information:
View Property Website
Office Hours
  • Sunday1:00 PM - 5:00 PM
  • Monday9:00 AM - 6:00 PM
  • Tuesday9:00 AM - 6:00 PM
  • Wednesday9:00 AM - 6:00 PM
  • Thursday9:00 AM - 6:00 PM
  • Friday9:00 AM - 6:00 PM
  • Saturday10:00 AM - 5:00 PM

Renter Reviews

For Penrose

4.6

64 Ratings & Reviews

How Is This Rating Determined?

9/10/25

Verified Renter

Clean, Safe, and Aesthetic living! Great staff, neighbors, and space!

Review from Apartments.com

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9/2/25

Verified Renter

Even after a year at The Penrose, it continues to check off all my boxes. The unique resident events being hosted as well as the workout classes and continued convenience provided by management such as having The Penrose market. Truly love being a Penrose resident.

Review from Apartments.com

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Property Manager at Penrose responded to this review

We truly appreciate your kind words! ?? It makes us so happy to know that even after a year, The Penrose continues to be the right place for you. Hearing that you enjoy the resident events, workout classes, and the convenience of The Penrose Market... means the world to us. Thank you for being such a valued part of our community — we love having you here! ??

8/26/25

Verified Renter

The community has everything to offer and the team here at The Penrose is great! Brandon made the move in process seemless and has always been very kind and helpful. The maintenance team has also been on top of everything

Review from Apartments.com

Was this helpful?

Property Manager at Penrose responded to this review

Thank you so much for sharing this wonderful feedback! ?? We’re delighted to hear Brandon made your move-in seamless and continues to be such a kind and helpful resource. We’ll be sure to share your kind words with him and the entire team—He will be... thrilled to know he made such a positive impact! ??

7/3/25

Would not recommend

We used to live on the first floor right next to the dog park. One day, someone’s dog attacked mine and left a hole in its neck. I had to rush to the vet and didn’t get the owner’s info in the moment. When I went to the front desk later to ask for help identifying them, they refused to share any video or info. Huge red flag.
Also, the walls are insanely thin. You can literally hear everything. The place was built super cheaply, and for how much they charge in rent, it’s just not worth it.... Definitely wouldn’t recommend.

Review from Apartments.com

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Property Manager at Penrose responded to this review

Hi,
We’re very sorry to hear about your experience ,that sounds incredibly upsetting, and we hope your dog made a full recovery.

Since this review was posted anonymously and we have no record of such an incident within the past year, we’re unable to... verify the details.

As for your request regarding video footage: to protect the privacy of all residents, we do not release surveillance footage unless it is requested by law enforcement or part of an active legal process. This policy is in place to ensure resident privacy is respected and not subject to misuse or sensationalism.

We appreciate your feedback and take all concerns seriously. If you’d like to speak with us directly or provide more details, we welcome you to contact the leasing office at 704-749-9203

6/29/25

Verified Renter

The Penrose is a great place to live! It is walking distance to almost everything, and the staff is great when you need help with anything. The amenities are top tier.

Review from Apartments.com

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Property Manager at Penrose responded to this review

Hey - what a lovely thing to say! We appreciate you so much.

Penrose Gallery

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