Welcome warmer days at The Penrose. Receive 4 Weeks Free Base Rent, plus an additional 2 Weeks Free when you apply within 48 hours of your tour— for a total of up to 6 Weeks Free on select units. *Minimum lease term applies. Other costs and fees excluded.
Pricing and Floor Plans
Cost Calculator: Estimate your monthly and one-time fees.
S1
$1,682 - $1,857
Studio, 1 Bath
, 574 Sq. Ft.
Show Floor Plan Details
2 Rentals Available
Unit
Total Price
Sq. Ft.
Available
466
$1,857
574 Sq. Ft.
Now
131
$1,682
574 Sq. Ft.
7/21/26
A2
$1,723 - $2,113
1 Bed, 1 Bath
, 658 - 696 Sq. Ft.
Show Floor Plan Details
May. 17
Unit
Total Price
Sq. Ft.
Available
409
$2,113
707 Sq. Ft.
5/17/26
415
$2,103
691 Sq. Ft.
6/17/26
171
$1,813
658 Sq. Ft.
7/14/26
A1
$1,858 - $1,878
1 Bed, 1 Bath
, 645 - 743 Sq. Ft.
Show Floor Plan Details
3 Rentals Available
Unit
Total Price
Sq. Ft.
Available
270
$1,878
645 Sq. Ft.
Now
168
$1,858
645 Sq. Ft.
6/17/26
106
$1,858
645 Sq. Ft.
7/6/26
A4
$2,074 - $2,199
1 Bed, 1 Bath
, 798 Sq. Ft.
Show Floor Plan Details
Jun. 23
Unit
Total Price
Sq. Ft.
Available
311
$2,199
798 Sq. Ft.
6/23/26
346
$2,074
849 Sq. Ft.
7/5/26
123
798 Sq. Ft.
7/15/26
A3
$1,858 - $1,869
1 Bed, 1 Bath
, 723 Sq. Ft.
Show Floor Plan Details
2 Rentals Available
Unit
Total Price
Sq. Ft.
Available
180
$1,858
723 Sq. Ft.
Now
188
$1,869
723 Sq. Ft.
6/29/26
B2
$2,722 - $2,987
2 Beds, 2 Baths
, 1,075 Sq. Ft.
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May. 22
Unit
Total Price
Sq. Ft.
Available
207
$2,872
1,102 Sq. Ft.
5/22/26
116
$2,757
1,080 Sq. Ft.
6/30/26
303
$2,987
1,107 Sq. Ft.
7/7/26
B3
$2,722 - $2,802
2 Beds, 2 Baths
, 1,025 Sq. Ft.
Show Floor Plan Details
Jun. 7
Unit
Total Price
Sq. Ft.
Available
232
$2,722
1,025 Sq. Ft.
6/7/26
492
$2,802
1,025 Sq. Ft.
6/21/26
B1
$2,882
2 Beds, 2 Baths
, 1,059 Sq. Ft.
Show Floor Plan Details
May. 25
Unit
Total Price
Sq. Ft.
Available
325
$2,882
1,059 Sq. Ft.
5/25/26
* 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.
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
Other
Other Pets
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.
Other Storage Fees
Storage Unit
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.
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 Charlotte's 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.
Attic Lounge with city view
Balcony
Bike Repair Shop and Storage
Cable
Ceiling Fan
Choice of 3 contemporary designer palettes
Designated live/work spaces
Disposal
Fire-pit courtyard
Full-Size Washer/Dryer in Unit
Full-size washers and dryers
Gaming Lounge
Grilling courtyard
Handicap Accessible
Large Closets
Lofty 9-foot ceilings
LoneStar Market
Makers Space
Patio
Pet-friendly community
Range
Resident Gaming Lounge with Billiards Table
Resident Lounge with Demonstration Kitchen
Resort-Inspired Pool with In-water Tanning Ledge
Sky Lounge with Breathtaking City Views
Spacious kitchen islands with quartz counterops
Spacious walk-in closets
Stackable Washer/Dryer in Unit
Window Coverings
Wood-style plank flooring throughout homes
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
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 Charlotte's 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 Charlotte's 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
There are great units and amenities! We’ve really enjoyed our time at the Penrose and it feels like home. The staff is always helpful and friendly.
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.
4/10/26
Verified Renter
The Penrose is a nice place to live with great amenities and easy access to the lightrail and all the restaurants and bars in the South End area!
Review from Apartments.com
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Property Manager at Penrose responded to this review
Hi, we're so glad that we were able to go above and beyond your expectations!
4/8/26
Verified Renter
Great experience so far. Moved in today and staff was very helpful is assisting me with everything and giving me an insightful tour of the place. Loved it
Review from Apartments.com
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Property Manager at Penrose responded to this review
So glad to hear that—welcome home! We’re really happy your move-in went smoothly and that the team made a great first impression. If you need anything at all as you get settled in, we’re here for you. Enjoy your new place!
2/12/26
Verified Renter
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
Was this helpful?
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
Was this helpful?
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.