• Photo - Penrose

Penrose

327 W Tremont Ave, Charlotte, NC 28203

Floor Plan Summary
Total Monthly Price Bedrooms Bathrooms
$1,490 - $5,245 Studio - 2 1 - 2

Rent Specials

A New Year & Your New Home Await! Start 2026 with The Penrose! Receive 8 Weeks Free Base Rent - Limited Time offer! *Minimum lease term applies. Other costs and fees excluded.

Pricing and Floor Plans

Rent Estimate
Cost Calculator: Estimate your monthly and one-time fees.

S1

$1,490 - $2,933
Studio, 1 Bath
574 Sq. Ft.

Show Floor Plan Details

4 Rentals Available
Unit
Total Price
Sq. Ft.
Available
166
$1,490
574
Now
466
$1,585
574
Now
310
$1,581
574
2/19/26

A2

$1,781 - $3,376
1 Bed, 1 Bath
658 - 696 Sq. Ft.

Show Floor Plan Details

5 Rentals Available
Unit
Total Price
Sq. Ft.
Available
114
$1,781
678
Now
428
$1,949
678
Now
440
$1,896
678
Now

A1

$1,848 - $3,277
1 Bed, 1 Bath
645 - 743 Sq. Ft.

Show Floor Plan Details

5 Rentals Available
Unit
Total Price
Sq. Ft.
Available
468
$1,944
645
Now
368
$1,848
645
Now
370
$1,880
645
Now

A3

$1,852 - $3,357
1 Bed, 1 Bath
723 Sq. Ft.

Show Floor Plan Details

5 Rentals Available
Unit
Total Price
Sq. Ft.
Available
335
$1,855
723
Now
218
$1,871
723
Now
418
$2,032
723
Now

B4LW

$2,459 - $4,071
1 Bed, 1 Bath
1,136 Sq. Ft.

Show Floor Plan Details

2 Rentals Available
Unit
Total Price
Sq. Ft.
Available
182
$2,459
1,136
Now
190
$2,459
1,136
Now

A5

$1,882 - $2,838
1 Bed, 1 Bath
760 Sq. Ft.

Show Floor Plan Details

Mar. 4
Unit
Total Price
Sq. Ft.
Available
175
$1,882
760
3/4/26

A4

$1,992 - $2,994
1 Bed, 1 Bath
798 Sq. Ft.

Show Floor Plan Details

Mar. 13
Unit
Total Price
Sq. Ft.
Available
111
$1,992
798
3/13/26

B1

$2,591 - $5,245
2 Beds, 2 Baths
1,059 Sq. Ft.

Show Floor Plan Details

2 Rentals Available
Unit
Total Price
Sq. Ft.
Available
221
$2,591
1,075
Now
421
$2,914
1,064
Now
* 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.

Map of Penrose

Loading...

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

One-Time Basics

Due at Application

  • Application Fee
    $85
  • Administrative Fee
    $250

Due at Move-In

  • Security Deposit (Refundable)
    $250
  • Access Device
    $25

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.

  • Resort-Inspired Pool with In-water Tanning Ledge
  • Attic Lounge with city view
  • Full-Size Washer/Dryer in Unit
  • Range
  • Bike Repair Shop and Storage
  • Large Closets
  • Window Coverings
  • Balcony
  • Cable
  • Ceiling Fan

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 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 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 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.

Penrose 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

74 Ratings & Reviews

How Is This Rating Determined?

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

Was this helpful?

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

Was this helpful?

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!

Review from Apartments.com

Was this helpful?

1/10/26

Verified Renter

The best place I could have picked! Management is so communicative and maintenance takes such good care of the complex and resident requests, plus such a good walking location to so many fun things!

Review from Apartments.com

Was this helpful?

Penrose Gallery

Nearby Properties You Might Like

Within 50 Miles of Penrose

Call