Welcome Home to The Penrose this Fall! Step into the new season with a fresh start in South-End when you lease one of our selected floorplans and move-in by 11/15! Receive One Month Free Base Rent! *Minimum term & restrictions apply. Additional costs & fees excluded.
Pricing and Floor Plans
S1
$1,569 - $5,078
Studio, 1 Bath
, 574 Sq. Ft.
Show Floor Plan Details
Dec. 13
Unit
Price
Sq. Ft.
Available
166
$1,629
574 Sq. Ft.
12/13/25
149
$1,569
574 Sq. Ft.
12/22/25
A2
$1,654 - $2,665
1 Bed, 1 Bath
, 658 - 696 Sq. Ft.
Show Floor Plan Details
5 Rentals Available
Unit
Price
Sq. Ft.
Available
161
$1,654
680 Sq. Ft.
Now
447
$1,679
669 Sq. Ft.
Now
365
$1,664
672 Sq. Ft.
11/20/25
A1
$1,739 - $2,503
1 Bed, 1 Bath
, 645 - 743 Sq. Ft.
Show Floor Plan Details
5 Rentals Available
Unit
Price
Sq. Ft.
Available
368
$1,781
645 Sq. Ft.
Now
468
$1,882
645 Sq. Ft.
Now
422
$1,809
695 Sq. Ft.
12/15/25
A3
$1,787 - $2,608
1 Bed, 1 Bath
, 723 Sq. Ft.
Show Floor Plan Details
5 Rentals Available
Unit
Price
Sq. Ft.
Available
144
$1,804
723 Sq. Ft.
Now
133
$1,804
723 Sq. Ft.
11/11/25
118
$1,787
723 Sq. Ft.
11/22/25
B4LW
$2,405 - $3,104
1 Bed, 1 Bath
, 1,136 Sq. Ft.
Show Floor Plan Details
2 Rentals Available
Unit
Price
Sq. Ft.
Available
182
$2,405
1,136 Sq. Ft.
Now
190
$2,509
1,136 Sq. Ft.
11/16/25
A4
$2,137 - $2,934
1 Bed, 1 Bath
, 798 Sq. Ft.
Show Floor Plan Details
Jan. 2
Unit
Price
Sq. Ft.
Available
411
$2,137
798 Sq. Ft.
1/2/26
B2
$2,632 - $3,959
2 Beds, 2 Baths
, 1,075 Sq. Ft.
Show Floor Plan Details
2 Rentals Available
Unit
Price
Sq. Ft.
Available
116
$2,632
1,080 Sq. Ft.
Now
407
$2,833
1,102 Sq. Ft.
Now
B4
$2,811 - $4,381
2 Beds, 2 Baths
, 1,124 Sq. Ft.
Show Floor Plan Details
2 Rentals Available
Unit
Price
Sq. Ft.
Available
489
$2,811
1,093 Sq. Ft.
Now
202
$2,905
1,108 Sq. Ft.
11/22/25
B3
$2,606 - $3,651
2 Beds, 2 Baths
, 1,025 Sq. Ft.
Show Floor Plan Details
1 Rental Available
Unit
Price
Sq. Ft.
Available
398
$2,606
1,025 Sq. Ft.
Now
B1
$2,448 - $3,963
2 Beds, 2 Baths
, 1,059 Sq. Ft.
Show Floor Plan Details
Jan. 7
Unit
Price
Sq. Ft.
Available
221
$2,448
1,075 Sq. Ft.
1/7/26
New
* 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.
* 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.
* 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.
* 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.
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
Renters Liability Insurance - Third Party
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
Parking
Parking - Reserved
$150 / mo
Parking Fee
$25 / mo
Other Pet Fees
Pet Management - Third Party
$20 - $30 one-time
Pet Rent
$20 / mo
Pet Fee - Additional Pet
$500 one-time
Pet Fee
$450 one-time
Storage
Storage Fee
$35 - $150 / mo
Personalized Add-Ons
Renters Liability/Content - Property Program
$14.50 / mo
Renters Liability Only - Non-Compliance
$10.75 / occurrence
Situational
Late Fee
5% of base rent / occurrence
Early Lease Termination/Cancellation
200% of base rent / occurrence
Access Device - Replacement
$75 - $100 / occurrence
Intra-Community Transfer Fee
$1,000 / occurrence
Legal/Eviction Fees
Varies
Returned Payment Fee (NSF)
$35 / occurrence
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
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
Resort-Inspired Pool with In-water Tanning Ledge
Attic Lounge with city view
Full-Size Washer/Dryer in Unit
Range
Balcony
Cable
Ceiling Fan
Disposal
Fire-pit courtyard
Full-size washers and dryers
Gaming Lounge
Lofty 9-foot ceilings
Bike Repair Shop and Storage
Large Closets
Window Coverings
LoneStar Market
Patio
Pet-friendly community
Resident Gaming Lounge with Billiards Table
Resident Lounge with Demonstration Kitchen
Sky Lounge with Breathtaking City Views
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
Walk Score ®
Very Walkable87 / 100
Transit Score ®
Good Transit51 / 100
Bike Score ®
Bikeable55 / 100
Soundscore ™
Active75 / 100
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 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.
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
Overall great place among the options and prices you’ll see around the area. Safe and secure from the parking to mail to apartment. Issues with pet owners not picking up after themselves and major garage issue- not enough spots for residents on their floor.
Review from Apartments.com
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Property Manager at Penrose responded to this review
Thank you for your feedback! We're glad to hear you feel great in your home and appreciate your recognition of the overall value we offer. We understand your concerns about pet waste and parking. Please know that we are actively working to improve... both areas. As we near full occupancy, parking availability has become more limited, but we have recently opened up additional spaces and continue to offer reserved parking options to guarantee a spot. Feel free to reach out to the leasing office for details on any current specials or to secure a reserved space. Thank you again for being a valued member of our community!
10/10/25
Verified Renter
Recently moved in and can’t say enough amazing things about The Penrose. The staff is amazing and the maintenance and cleaning team does a great job at keeping the building clean.
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!
10/8/25
Verified Renter
I’ve lived at the Penrose for two years now and really love it! It’s the perfect location in South End and the building is always kept very clean. My favorite thing is how quick maintenance comes to fix something if needed. I’ve always had a great experience with all of the maintenance workers, but especially Hugo! He was so attentive and fixed something that I didn’t even realize needed fixing. He also brought my dog a toy which was really going above and beyond. Highly recommend living here!
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. If you have any further questions, please don't hesitate to reach out!
10/7/25
Verified Renter
Great location Lobby is a bit much in terms of the strong perfume like smell Stairwells look like they need a good cleaning Staff is nice! Maybe check to see if people parking are supposed to be parking? First come first serve is great for the price but half the spots are compact so that is a big detail to take into account
Review from Apartments.com
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Property Manager at Penrose responded to this review
Your recommendation means so much to us and we're so happy to have earned it. Thank you again for taking the time to let the world know about your positive experience. Have a great day!
9/30/25
Be cautious when renting here
As a former resident and the guarantor parents, we wish we had looked more closely at resident reviews. The initial, in-person tour of The Penrose was great! Once we decided on this property, however, the management office became difficult to work with. We have now noticed other reviews mentioning they ignore repeated requests regarding security deposits & that is definitely our experience. As guarantors/business-owners doing the same business they do (e.g. leasing space in buildings to tenants)... , it's difficult to understand. The return deposit check is not that much money...it's truly the principle because withholding it is unethical and illegal. It also seems unusual that, as guarantors, they can demand such sensitive & personal information from you, request checks via overnight/express mail, take every rent payment directly out of your account and then refuse any communication with you because you are "not the leaseholder." When the family member who was the leaseholder tried to speak with them, they provided zero options to a problem. So, we submitted Durable Power of Attorney paperwork showing we are all legally able to discuss this lease with them. Then, we proactively provided a legal, written solution regarding the problem that was preventing them from reissuing the check. This was over two weeks ago. Three separate submittals. Zero response. Plus, several other attempts to rectify this over many months now. Under NC law, deposits must be returned within 30 days. Be aware of this when renting here.
Review from Apartments.com
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Property Manager at Penrose responded to this review
Dear Mrs. Duncan, Thank you for your continued communication. Upon further review, I can confirm that the security deposit refund was issued and received. It was made out to the leaseholders of record, your daughter and her roommate, in accordance... with the lease agreement. While we understand that the check was not in your name, as the guarantor and not a leaseholder, you are not the legal recipient of the refund under state law or our leasing policies. We do occasionally encounter situations where parents or guarantors assume their adult children are still in student or college-sponsored housing. We completely understand how that can lead to confusion. However, The Penrose is a conventional housing community, and under standard leasing laws, all legal and financial matters are handled directly with the named leaseholders. We did make efforts to see if the check could be modified, including reviewing the Durable Power of Attorney documentation you submitted. However, because the lease was jointly held, any refund must be issued to both residents listed on the lease, not to a guarantor or third party. We understand your frustration, and while we are disappointed that you have chosen to share this matter on multiple public platforms, we truly had hoped for a more positive resolution. Our goal is always to support our residents and their families with professionalism and care. We are sorry that this outcome did not meet your expectations. If either leaseholder needs further clarification or documentation, we are happy to assist them directly.