Total monthly cost $1,599 - $4,864
Beds Studio-2 Beds
Baths 1-2

Penrose

327 West Tremont Avenue, Charlotte, NC

Schedule a tour

Select a date to start scheduling a tour.
Loading...

Floor plans

Updated today
This listing displays total monthly cost, which is the base rent including recurring monthly fees and costs as provided by the property. It does not include application fees, variable costs, and optional charges such as application fees, utility costs, pet charges, etc.
S1
S1
Studio / 1 Bath / 574 Sqft
$1,599 - $4,864
Unit Total monthly cost Availability
466 $1,774 - $3,573 Now
View
131 $1,599 - $4,864 Jul 21
View
A2
A2
1 Bed / 1 Bath / 668 - 707 Sqft
$1,683 - $3,686
Unit Total monthly cost Availability
114 $1,704 - $3,008 Now
View
105 $1,813 - $3,197 Now
View
A3
A3
1 Bed / 1 Bath / 723 Sqft
$1,777 - $3,188
Unit Total monthly cost Availability
180 $1,777 - $3,128 Now
View
188 $1,777 - $3,188 Jun 29
View
A1
A1
1 Bed / 1 Bath / 645 Sqft
$1,818 - $3,285
Unit Total monthly cost Availability
270 $1,838 - $2,876 May 10
View
168 $1,818 - $3,285 Jun 17
View
A4
A4
1 Bed / 1 Bath / 798 - 849 Sqft
$1,982 - $3,723
Unit Total monthly cost Availability
311 $2,107 - $3,723 Jun 23
View
346 $1,982 - $3,227 Jul 5
View
B1
B1
2 Beds / 2 Baths / 1,059 Sqft
$2,773 - $4,449
Unit Total monthly cost Availability
325 $2,773 - $4,449 May 25
View
B2
B2
2 Beds / 2 Baths / 1,080 - 1,116 Sqft
$2,548 - $4,832
Unit Total monthly cost Availability
207 $2,763 - $4,434 May 22
View
203 $2,868 - $4,598 May 29
View
B3
B3
2 Beds / 2 Baths / 1,025 Sqft
$2,613 - $4,670
Unit Total monthly cost Availability
232 $2,613 - $4,199 Jun 7
View
492 $2,693 - $4,670 Jun 21
View
A5
A5
1 Bed / 1 Bath / 760 Sqft
Ask for pricing

Check for available units

Contact us
A6
A6
1 Bed / 1 Bath / 911 Sqft
Ask for pricing

Check for available units

Contact us
A 3D floor plan of a two-bedroom apartment with a living room, kitchen, and bathroom.
B4LW
1 Bed / 1 Bath / 1,136 Sqft
Ask for pricing

Check for available units

Contact us
B4
B4
2 Beds / 2 Baths / 1,070 Sqft
Ask for pricing

Check for available units

Contact us

Policies

Security deposit $350

Application fees $85

There may be additional unit-specific fees. Please select a unit and move-in date here.

One-time pet fees $400

Monthly pet rent $25

Max weight 100 lb each. Pet limit 2 allowed. Cats and dogs are welcome.

View more

The fees are estimates and actual amounts may vary. Pricing and availability are subject to change. For details, contact the property.

Cost calculator

See initial one-time fees and calculate total monthly cost based on different lease options. 

View more
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. Offers vary by floor plan.

Check details about rent specials

Amenities

Apartment amenities

  • Choice of 3 contemporary designer palettes
  • Contemporary open kitchens featuring stainless steel appliances
  • Designated live/work spaces
  • Spacious kitchen islands with quartz counterops
  • Wood-style plank flooring throughout homes
  • Lofty 9-foot ceilings
  • Full-size washers and dryers
  • Relaxing bathrooms feature glass shower enclosures, subway tile showers and tubs, double vanity sinks, and modern matte black/chrome fixtures and hardware
  • Spacious walk-in closets
  • Full-size or Juliet balconies with sliding window walls

Community amenities

  • Resort-Inspired Pool with In-water Tanning Ledge
  • Convenient Pool-side Grilling Stations with Big Green Egg Smoker
  • Sky Lounge with Breathtaking City Views
  • Resident Lounge with Demonstration Kitchen
  • 24-Hour Business Center, Conference Room and Work Stations
  • Bike Repair Shop and Storage
  • Resident Gaming Lounge with Billiards Table
  • 24-Hour Athletic Club with Cardio and Free Weight Equipment
  • Event Stylist, Resident Events, and Service-Oriented Resident Affairs
  • Pet-friendly Community
  • Dog Park
  • Grilling courtyard
  • Fire-pit courtyard
  • Attic Lounge with city view
  • Gaming Lounge
  • Makers Space
  • Direct Access to New Retail Hot Spots like The Dumpling Lady and Wheelz Pizza
  • LoneStar Market

Services

We prioritize your convenience with Renter Essentials that help you move in easily and live comfortably at Penrose.

  • Flex rent payments

Ratings and reviews

4.0 Excellent
20 Reviews

What renters are saying

Residents appreciate living at The Penrose due to its prime location in the heart of South End, providing easy access to breweries, bars, restaurants, and public transportation. They value the well-maintained and clean amenities, including a fitness studio, pool, mail room, and grilling areas. The property offers a welcoming atmosphere, with friendly and helpful staff who ensure a smooth transition for newcomers. The apartments are described as spacious, clean, and nicely designed, making it a great value for the price. Monthly community events and a super dog-friendly environment are also highlighted as positive aspects, contributing to a vibrant and engaging living experience.

Noise 4.0
Location 5.0
Value 4.0
Staff 4.5
Maintenance 4.5
Amenities 4.5
Parking 3.5
Anonymous Former Resident
Oct 1, 2025

As a former resident and guarantor for a young adult moving to Charlotte for their first job, we wish we had looked more closely at reviews before signing at The Penrose. The tour was great, but once we signed the lease, the management became very difficult to work with. Like others have reported, they ignore repeated requests about the return of the security deposit. Now that the lease has ended, we are experiencing the same. The deposit amount isn’t large, but withholding it is unethical and against North Carolina law, which requires deposits be returned within 30 days. As guarantors, we proactively provided every document requested and even submitted legal paperwork to resolve the issue, yet weeks have passed with no response. That was our experience during the entirety of the lease. Being completely ignored or having requests met with difficulties. Be aware of this pattern when considering renting here.

Anonymous Verified Resident
Aug 1, 2025

The Penrose is a good place to live. The pool and gym are nice and the location is great

BM Verified Resident
Apr 1, 2024

Ive lived here 2.5 years and in that time the neighborhood has changed so much. Theres alot more families living in the building now as well as noisy neighbors. Cars are broken into every month in guest parking. Just not the same

Anonymous Verified Resident
Nov 1, 2023

The location is great! It has a bunch of breweries, bars, restaurants, and more within walking distance. Not to mention the closest light rail station is within a 10 minute walk to get to other places around Charlotte.

Anonymous Verified Resident
Sep 1, 2023

Great location in the heart of south end. Lovely interior and great amenities as well as community events. The staff is also very helpful and friendly.

Quinn Verified Resident
Sep 1, 2023

Moved in ~1 month ago. Staff has been extremely welcoming in helping me get settled especially to a new city. Staff is very responsive responding to questions. The apartment building is kept up with very well - clean, the amenities are great (pool, fitness studio, mail room) & the location has worked out perfectly.


Building details

1 buildings in the community 350 apartments in the community 4 stories per building Building constructed in 2019

Property description

Uncover the uncommon. 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...
Uncover the uncommon. 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.
Move-In Options: Our on-line, web-based application allows move-in options up to two months into the future. For future move-in options beyond two months, please contact our leasing office by phone or email. Available Apartments: Pricing and availability subject to change. Specials and Promotions: Pricing may or may not already reflect discount from specials offered. For questions, please contact the Leasing Office. Our goal is to help you plan your budget with ease. Planning your budget is essential, and we’re here to make it simpler. The pricing you’ll see may be labeled Total Monthly Leasing Price or Base Rent. Base Rent: The monthly rent for the rental home. Total Monthly Leasing Price: Base Rent plus fixed, mandatory monthly fees. To help budget your monthly fixed costs, add your base rent to the Essentials and any Personalized Add-Ons you will be selecting from the list of potential fees which can be found at the bottom of the page. This way, you can easily see what your initial and monthly costs might be. To customize your Total Monthly Leasing Price and plan with confidence, use our Calculate My Costs tool found within the Map view. Transparency meets convenience—so you can focus on finding the perfect home. 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. DISCLAIMER: Square footage is approximate. Pictures featured may not be of exact unit or furnishings. Pricing and availability subject to change.

Neighborhood

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

327 West Tremont Avenue, Charlotte, NC 28203
Loading content, please wait...
Loading...

Contact information

Property managed by: Greystar Real Estate- National - JPM

Call leasing office: 9809836493

Property office hours:
Today 9:00AM-6:00PM
  • Monday-Friday 9:00AM-6:00PM
  • Saturday 10:00AM-5:00PM
  • Sunday 1:00PM-5:00PM


Explore more rentals

Frequently asked questions

When were prices and availability for this property last updated?

Prices and availability for this property were last updated Today.

What floorplans are available?

The following floorplans are available: studio apartments from $1,599, 1-bedroom apartments from $1,683 and 2-bedrooms apartments from $2,548.

What are the most popular nearby apartments?

The most popular nearby apartments are: Penrose, Inspire, Link Apartments® NoDa 36th I and Everly.

How many units are available?

Currently, Penrose has 22 available units.

What neighborhood is Penrose in?

Penrose is located in the Center City neighborhood.

What are the business hours?

The business hours are:

  • Monday-Friday 9:00AM-6:00PM
  • Saturday 10:00AM-5:00PM
  • Sunday 1:00PM-5:00PM