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Penrose

327 W Tremont Ave, Charlotte, NC 28203

Floor Plan Summary
Total Monthly Price Bedrooms Bathrooms
$1,607 - $3,227 Studio - 2 1 - 2

Rent Specials

Limited-Time Move-In Special Tour your new home today and apply within 48 hours to receive 2 Weeks Free Rent + a $500 Gift Card! *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

$1,607
Studio, 1 Bath
574 Sq. Ft.

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Jul. 26
Unit
Total Price
Sq. Ft.
Available
129
$1,607
574
7/26/26

A2

$1,769 - $2,144
1 Bed, 1 Bath
658 - 696 Sq. Ft.

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Jun. 21
Unit
Total Price
Sq. Ft.
Available
314
668
6/21/26
415
$2,144
691
6/29/26
464
$2,034
678
7/2/26

A1

$1,899 - $1,929
1 Bed, 1 Bath
645 - 743 Sq. Ft.

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Aug. 7
Unit
Total Price
Sq. Ft.
Available
436
$1,924
645
8/7/26
306
$1,929
645
8/11/26
108
$1,899
645
8/30/26

A3

$1,886 - $1,936
1 Bed, 1 Bath
723 Sq. Ft.

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Aug. 22
Unit
Total Price
Sq. Ft.
Available
280
$1,886
723
8/22/26
244
$1,936
723
8/29/26

B4LW

$2,768
1 Bed, 1 Bath
1,136 Sq. Ft.

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Jul. 1
Unit
Total Price
Sq. Ft.
Available
182
$2,768
1,136
7/1/26

B4

$3,227
2 Beds, 2 Baths
1,124 Sq. Ft.

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Aug. 16
Unit
Total Price
Sq. Ft.
Available
301
$3,227
1,256
8/16/26
424
1,070
9/6/26
* 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.

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
    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

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.

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Explore Commute Options

Destination Address
  • Drive Time
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  • Walk Time
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  • Bike Ride Time
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Property Highlights

  • 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

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

Map of Penrose

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Area Scores

Walkability

Moderately walkable70 / 100

Transit

Good public transit60 / 100

Driveability

Very drivable80 / 100

Bikeability

Fairly bikeable50 / 100

Scores provided by

Transit

Subway
2 min Drive
Charlotte Area Transit System
Subway
3 min Drive
Charlotte Area Transit System
Commuter Rail
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 110 East. 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.

Local Education

Primary and Secondary Schools

8 rating

Dilworth Elementary

Grades K-5

Public

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Sedgefield Elementary

Grades PK-5

Public

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Sedgefield School

Grades PK-5

Private

3 rating

Sedgefield Middle

Grades 6-8

Public

7 rating

Myers Park High

Grades 9-12

Public

undefined rating

Oasis Performing Arts School

Grades K-12

Private

Data provided by GreatSchools.org © 2026. All rights reserved.

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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)

About Penrose

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 an apartment community in Charlotte, NC

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

82 Ratings & Reviews

How Is This Rating Determined?

6/7/26

Verified Renter

Everyone is very friendly and front office is super helpful! My move in process was so smooth and have really enjoyed all the amenities like the pool!

Review from Apartments.com

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6/4/26

Verified Renter

I love it such a great atmosphere and location to great food spots as well as any services you need. Staff is friendly and there are many great activities to help meet other people !

Review from Apartments.com

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5/29/26

Verified Renter

It’s been great living here for the past few days. My main complaint is just that I wasn’t told about reserved spots in the lot (that I pay to park in) and assumed they were for those paying, and someone booted my car. But the amenities and everything are great.

Review from Apartments.com

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5/1/26

Verified Renter

Well located property
Mgmt is helpful
Events are fun
Gym is workable
Mail room has its ups and downs
Working spaces and rentable hosting rooms are very nice

Review from Apartments.com

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Property Manager at Penrose responded to this review

Thank you for the thoughtful review! We’re happy to hear you’ve enjoyed our location, resident events, and the support from our management team. It’s great knowing the coworking spaces and rentable hosting rooms have added to your experience as well.... We also appreciate the honest feedback about the mail room and are always looking for ways to improve that experience for our residents. Thanks again for being part of our community at The Penrose!

4/22/26

Verified Renter

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.

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