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Penrose

327 W Tremont Ave, Charlotte, NC 28203

Floor Plan Summary
Total Monthly Price Bedrooms Bathrooms
$1,682 - $2,951 Studio - 2 1 - 2

Rent Specials

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

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S1

$1,682 - $1,857
Studio, 1 Bath
574 Sq. Ft.

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2 Rentals Available
Unit
Total Price
Sq. Ft.
Available
466
$1,857
574
Now
131
$1,682
574
7/21/26

A2

$1,881 - $2,156
1 Bed, 1 Bath
658 - 696 Sq. Ft.

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5 Rentals Available
Unit
Total Price
Sq. Ft.
Available
105
$1,896
707
Now
409
$2,156
707
5/17/26
415
$2,146
691
6/17/26

A1

$1,901 - $1,921
1 Bed, 1 Bath
645 - 743 Sq. Ft.

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May. 10
Unit
Total Price
Sq. Ft.
Available
270
$1,921
645
5/10/26
168
$1,901
645
6/17/26
106
$1,901
645
7/6/26

A3

$1,860
1 Bed, 1 Bath
723 Sq. Ft.

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2 Rentals Available
Unit
Total Price
Sq. Ft.
Available
180
$1,860
723
Now
188
$1,860
723
6/29/26

A4

$2,065 - $2,190
1 Bed, 1 Bath
798 Sq. Ft.

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Jun. 23
Unit
Total Price
Sq. Ft.
Available
311
$2,190
798
6/23/26
346
$2,065
849
7/5/26

B2

$2,631 - $2,951
2 Beds, 2 Baths
1,075 Sq. Ft.

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May. 22
Unit
Total Price
Sq. Ft.
Available
207
$2,846
1,102
5/22/26
203
$2,951
1,107
5/29/26
213
$2,861
1,116
6/25/26

B3

$2,696 - $2,776
2 Beds, 2 Baths
1,025 Sq. Ft.

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Jun. 7
Unit
Total Price
Sq. Ft.
Available
232
$2,696
1,025
6/7/26
492
$2,776
1,025
6/21/26

B1

$2,856
2 Beds, 2 Baths
1,059 Sq. Ft.

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May. 25
Unit
Total Price
Sq. Ft.
Available
325
$2,856
1,059
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.

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.

Matterport 3D Tours

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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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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 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 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

78 Ratings & Reviews

How Is This Rating Determined?

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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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

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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.

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

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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.

Penrose Gallery

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