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Penrose Apartments

327 W Tremont Ave, Charlotte, NC 28203

Floor Plan Summary
Monthly RentBedroomsBathrooms
$1,613 - $7,510Studio - 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

$1,647 - $4,881
Studio, 1 Bath
574 Sq. Ft.

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Aug. 18
Unit
Price
Sq. Ft.
Available
449
$1,647
574
8/18/25
331
$1,702
574
10/8/25

A2

$1,613 - $3,317
1 Bed, 1 Bath
658 - 696 Sq. Ft.

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5 Rentals Available
Unit
Price
Sq. Ft.
Available
415
$1,886
691
Now
330
$1,788
678
Now
128
$1,758
678
Now

A3

$1,804 - $3,175
1 Bed, 1 Bath
723 Sq. Ft.

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5 Rentals Available
Unit
Price
Sq. Ft.
Available
334
$1,804
723
Now
350
$1,882
723
10/13/25
135
$1,852
723
10/14/25

B4LW

$2,658 - $4,544
1 Bed, 1 Bath
1,136 Sq. Ft.

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1 Rental Available
Unit
Price
Sq. Ft.
Available
182
$2,658
1,136
Now

A1

$1,743 - $2,195
1 Bed, 1 Bath
645 - 743 Sq. Ft.

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Sep. 7
Unit
Price
Sq. Ft.
Available
270
$1,743
645
9/7/25

B2

$2,663 - $7,031
2 Beds, 2 Baths
1,075 Sq. Ft.

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2 Rentals Available
Unit
Price
Sq. Ft.
Available
403
$2,769
1,107
Now
317
$2,663
1,075
8/29/25

B3

$2,601 - $6,892
2 Beds, 2 Baths
1,025 Sq. Ft.

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Sep. 6
Unit
Price
Sq. Ft.
Available
498
$2,608
1,025
9/6/25
398
$2,601
1,025
10/20/25

B1

$2,623 - $5,805
2 Beds, 2 Baths
1,059 Sq. Ft.

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Aug. 17
Unit
Price
Sq. Ft.
Available
319
$2,623
1,035
8/17/25

B4

$2,853 - $7,510
2 Beds, 2 Baths
1,124 Sq. Ft.

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Aug. 29
Unit
Price
Sq. Ft.
Available
489
$2,853
1,093
8/29/25
* 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.

  • Choice of 3 contemporary designer palettes
  • Designated live/work spaces
  • Makers Space
  • Stackable Washer/Dryer in Unit
  • 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

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 Walkable86 / 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 Dilworth Court. 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

61 Ratings & Reviews

How Is This Rating Determined?

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

Was this helpful?

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.

4/21/25

Verified Renter

New to the city/North Carolina and these facilities are very well maintained from what I have seen so far. Helpful and hassle free move in process.

Review from Apartments.com

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Property Manager at Penrose responded to this review

Hey there - our pleasure! Happy you had a great experience. Thanks again for taking some time to about your visit to The Penrose. Be well!

4/20/25

Verified Renter

I had 8 hours to find an apartment and left the Penrose as my last of many tours because I had a good feeling about them. Within 5 minutes of my tour with Vanessa I was sold. The entire management & maintenance team is so wonderful & there is a great sense of community. This is the only apt complex I found that doesn't have carpet in units & the amenities are stunning. Cannot recommend living her enough!

Review from Apartments.com

Was this helpful?

Property Manager at Penrose responded to this review

Hey - what a lovely thing to say! We appreciate you so much. Our team makes it their mission to deliver an excellent experience. We're so glad we delivered during your visit, and we're here if you need any additional info!

4/11/25

Verified Renter

Staff is very responsive and kind! Shoutout to Josmary for a super smooth moving in experience - she was very helpful throughout all the questions and inquiries.

Review from Apartments.com

Was this helpful?

Property Manager at Penrose responded to this review

Hi - thanks for letting us know we went Beyond Expectations! We'll be sure to share with the team here at The Penrose!

Penrose Gallery

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