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Penrose

327 W Tremont Ave, Charlotte, NC 28203

(75)
Floor Plan Summary
Total Monthly Price Bedrooms Bathrooms
$1,501 - $4,636 Studio - 2 1 - 2

Rent Specials

Your Fresh Start for Spring - Welcome warmer days in a beautiful new home at The Penrose. Receive 8 Weeks Free Base Rent on select units when you lease today! *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

$1,501 - $3,285
Studio, 1 Bath
574 Sq. Ft.

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4 Rentals Available
Unit
Total Price
Sq. Ft.
Available
466
$1,590
574
Now
310
$1,586
574
Now
229
$1,501
574
4/30/26

A2

$1,721 - $3,481
1 Bed, 1 Bath
658 - 696 Sq. Ft.

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5 Rentals Available
Unit
Total Price
Sq. Ft.
Available
114
$1,721
678
Now
428
$1,889
678
Now
440
$1,817
678
Now

A1

$1,737 - $3,269
1 Bed, 1 Bath
645 - 743 Sq. Ft.

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5 Rentals Available
Unit
Total Price
Sq. Ft.
Available
468
$1,884
645
Now
208
$1,852
645
4/5/26
451
$1,807
645
4/26/26

A3

$1,820 - $3,434
1 Bed, 1 Bath
723 Sq. Ft.

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5 Rentals Available
Unit
Total Price
Sq. Ft.
Available
387
$1,820
723
Now
391
$1,895
723
Now
127
$1,915
723
3/19/26

B4LW

$2,464 - $4,159
1 Bed, 1 Bath
1,136 Sq. Ft.

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2 Rentals Available
Unit
Total Price
Sq. Ft.
Available
182
$2,464
1,136
Now
183
$2,493
1,136
3/22/26

A5

$1,895 - $3,207
1 Bed, 1 Bath
760 Sq. Ft.

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1 Rental Available
Unit
Total Price
Sq. Ft.
Available
175
$1,895
760
Now

B2

$2,812 - $4,636
2 Beds, 2 Baths
1,075 Sq. Ft.

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May. 1
Unit
Total Price
Sq. Ft.
Available
460
$2,812
1,080
5/1/26
207
$2,827
1,102
5/22/26
203
$2,932
1,107
5/29/26

B1

$2,756 - $4,511
2 Beds, 2 Baths
1,059 Sq. Ft.

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1 Rental Available
Unit
Total Price
Sq. Ft.
Available
421
$2,756
1,064
Now

B3

$2,757 - $4,362
2 Beds, 2 Baths
1,025 Sq. Ft.

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Jun. 5
Unit
Total Price
Sq. Ft.
Available
432
$2,757
1,025
6/5/26
* 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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  • Public Transit
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Property Highlights

  • Resort-Inspired Pool with In-water Tanning Ledge
  • Spacious kitchen islands with quartz counterops
  • Balcony
  • Cable
  • Ceiling Fan
  • Disposal
  • Fire-pit courtyard
  • Full-size washers and dryers
  • Gaming Lounge
  • Lofty 9-foot ceilings

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 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 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

3 rating

Sedgefield Middle

Grades 6-8

Public

7 rating

Myers Park High

Grades 9-12

Public

undefined rating

Victory Christian Center School

Grades K-12

Private

undefined rating

Oasis Performing Arts School

Grades K-12

Private

Data provided by GreatSchools.org 2024 © 2024. 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

75 Ratings & Reviews

How Is This Rating Determined?

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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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.

1/27/26

Verified Renter

Building is nice, parking isn’t the best. Noise on the left side of the building can be an issue on the weekends with the bar next door. Never an issue with anything located in the apartment, great features

Review from Apartments.com

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Property Manager at Penrose responded to this review

Thank you for sharing your feedback. We’re glad to hear you’re enjoying the building itself and the features within your apartment.
We appreciate your comments regarding parking and weekend noise. Being located in a vibrant area does come with nearby... activity, and we understand that this can sometimes be disruptive. Your feedback helps us continue to evaluate ways we can best support resident comfort while maintaining the benefits of our location.

1/20/26

Verified Renter

This is a great spot. The location is hard to beat. The property is well maintained and mgmt is friendly. Parking can be a little tight if you don’t reserve a spot

Review from Apartments.com

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Property Manager at Penrose responded to this review

Thank you so much for the kind words! We’re glad to hear you’ve enjoyed the location, upkeep of the community, and working with our team — that truly means a lot to us.
We appreciate you calling out the parking experience as well. While availability... can vary, reserved parking options are available for residents who prefer guaranteed access, and we continue to monitor garage usage to keep things running as smoothly as possible.
Thanks again for being part of our community — we’re grateful to have you here!

1/10/26

Verified Renter

Great apartment. Fabulous staff, good amenities, and amazing location. I have enjoyed my time here and plan to stay a while. I definitely recommend the Penrose!

Review from Apartments.com

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