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    Special offer

    Penrose

    327 W Tremont Ave, Charlotte, NC 28203

    • Special offer! Price shown is Base Rent, does not include non-optional fees and utilities. Review Building overview for details.
    Apartment building
    Studio-2 beds
    Pet-friendly
    In-unit dryer

    What’s available

    Price may not include required fees and charges.
    Studio, 1 ba
    $1,732
    574 sqft

    1 unit available Aug 31

    1 bd, 1 ba
    $1,669-2,001
    678 sqft

    4 units avail. now | 1 avail. Aug 5

    Price: $1,669Available: Available NowUnit: Unit 352
    Price: $1,806Available: Available Aug 5 2025Unit: Unit 330
    Price: $1,880Available: Available NowUnit: Unit 494
    Price: $1,890Available: Available NowUnit: Unit 428
    Price: $2,001Available: Available NowUnit: Unit 415
    1 bd, 1 ba
    $1,700-1,799
    723 sqft

    2 units avail. now | 2 avail. Sep 14-Oct 13

    Price: $1,700Available: Available Sep 14 2025Unit: Unit 233
    Price: $1,785Available: Available Oct 13 2025Unit: Unit 350
    Price: $1,799Available: Available NowUnit: Unit 334
    Price: $1,799Available: Available NowUnit: Unit 348
    1 bd, 1 ba
    $1,761
    645 sqft

    1 unit available Sep 7

    1 bd, 1 ba
    $2,121
    798 sqft

    1 unit available now

    1 bd, 1 ba
    $2,783
    1,136 sqft

    1 unit available now

    2 bd, 2 ba
    $2,521-2,661
    1,059 sqft

    1 unit avail. Aug 17 | 1 unit avail. Oct 7

    Price: $2,521Available: Available Oct 7 2025Unit: Unit 125
    Price: $2,661Available: Available Aug 17 2025Unit: Unit 319
    2 bd, 2 ba
    $2,546-2,646
    1,025 sqft

    3 units available Aug 22-Oct 20

    Price: $2,546Available: Available Aug 22 2025Unit: Unit 132
    Price: $2,576Available: Available Oct 20 2025Unit: Unit 398
    Price: $2,646Available: Available Sep 6 2025Unit: Unit 498
    2 bd, 2 ba
    $2,701-2,841
    1,075 sqft

    1 unit avail. now | 1 avail. Aug 29

    Price: $2,701Available: Available Aug 29 2025Unit: Unit 317
    Price: $2,841Available: Available NowUnit: Unit 403
    2 bd, 2 ba
    $2,891
    1,093 sqft

    1 unit available Aug 29

    What's special

    Game room
    Stay in, get your game on
    This building features a game room. Only 10% of buildings in Charlotte have this amenity.
    Carefully curated amenitiesThoughtfully sourced features
    Price shown is Base Rent. Residents are required to pay: At Application: Admin Fee ($250.00/unit); Application Fee ($85.00/applicant, nonrefundable); At Move-in: Security Deposit (Refundable) ($250.00/unit); Access Device ($25.00/device); Monthly: Parking-Garage ($25.00/vehicle); Electric-3rd Party (usage-based); Utility-Billing Admin Fee ($3.75/unit); Pest Control ($6.00/unit); Water/Sewer (usage-based); Trash-Hauling ($43.00/unit); Renters Liability Insurance-3rd Party (varies). Please visit the property website for a full list of all optional and situational fees. Floor plans are artist's rendering. All dimensions are approximate. Actual product and specifications may vary in dimension or detail. Not all features are available in every rental home. Please see a representative for 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.

    Property map

    Tap on any highlighted unit to view details on availability and pricing

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    Facts, features & policies

    Building Amenities

    Community Rooms
    • Game Room: Resident Gaming Lounge with Billiards Table
    • Lounge: Attic Lounge with city view
    Other
    • In Unit: Full-size washers and dryers
    • Swimming Pool: Resort-Inspired Pool with In-water Tanning Ledge
    Outdoor common areas
    • Barbecue: Grilling courtyard
    Services & facilities
    • Pet Park: Dog Park

    Unit Features

    Appliances
    • Dryer: Full-size washers and dryers
    • Washer: Full-size washers and dryers

    Policies

    Lease terms
    • 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15
    Pets
    Dogs
    • Allowed
    • 2 pet max
    • 100 lbs. weight limit
    • $400 one time fee
    • $25 monthly pet fee
    • Cats and dogs are welcome
    Cats
    • Allowed
    • 2 pet max
    • 100 lbs. weight limit
    • $400 one time fee
    • $25 monthly pet fee
    • Cats and dogs are welcome
    Parking
    • None

    Special Features

    • Bike Repair Shop And Storage
    • Choice Of 3 Contemporary Designer Palettes
    • Designated Live/work Spaces
    • Fire-pit Courtyard
    • Lofty 9-foot Ceilings
    • Lonestar Market
    • Makers Space
    • Pet-friendly Community
    • Spacious Kitchen Islands With Quartz Counterops
    • Spacious Walk-in Closets
    • Wood-style Plank Flooring Throughout Homes

    Neighborhood: Brookhill

    Areas of interest

    Use our interactive map to explore the neighborhood and see how it matches your interests.

    Travel times

    Walk, Transit & Bike Scores

    86 / 100
    Very Walkable
    51 / 100
    Good Transit
    55 / 100
    Bikeable

    Nearby schools in Charlotte

    GreatSchools rating

    Market Trends

    Rental market summary

    The average rent for all beds and all property types in Charlotte, NC is $2,025.

    Average rent

    $2,025

    Month-over-month

    +$10

    Year-over-year

    +$10

    Available rentals

    3,694

    Charlotte, NC Rental Market Data

    Frequently asked questions

    What is the walk score of Penrose?

    Penrose has a walk score of 86, it's very walkable.

    What is the transit score of Penrose?

    Penrose has a transit score of 51, it has good transit.

    What schools are assigned to Penrose?

    The schools assigned to Penrose include Dilworth Elementary, Sedgefield Middle, and Myers Park High.

    Does Penrose have in-unit laundry?

    Yes, Penrose has in-unit laundry for some or all of the units.

    What neighborhood is Penrose in?

    Penrose is in the Brookhill neighborhood in Charlotte, NC.

    What are Penrose's policies on pets?

    Dogs are allowed, with a maximum weight restriction of 100lbs. A maximum of 2 dogs are allowed per unit. This building has a one time fee of $400 and monthly fee of $25 for dogs. Cats are allowed, with a maximum weight restriction of 100lbs. A maximum of 2 cats are allowed per unit. This building has a one time fee of $400 and monthly fee of $25 for cats.

    There are 10+ floor plans availableWith 36% more variety than properties in the area, you're sure to find a place that fits your lifestyle.