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The Penrose apartments in Charlotte, NC

Updated

The Penrose

327 W Tremont Ave, Charlotte, NC 28203, USA

Live pricing, refreshed

35
Units Listed
$1,521
Starting at
$1,921
Average
$3,131
Highest
$2.48
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Dilworth rent trends

Beds

Pricing by Bedroom

1 Bed
$1,745
from $1,521 · 29 units
~707 sqft avg
2 Bed
$2,774
from $2,541 · 6 units
~1,092 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$1.3M

$16M annual run rate

Modeled estimate

Est. Occupancy

94%

of about 583 units (modeled from leasing activity)

Effective Rent on New Leases

$2,384

vs $1,921 current asking

Recent Lease Activity

174 units tracked; 139 assumed leased, 35 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

35

Very high availability

9 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Available Units

35 units

Select a unit to see its larger layout, price history, and link to the rental site.

Filter by unit features

Match all selected features. Layout filters use this unit’s matched floor plan. Missing details do not mean a feature is absent.

Unit features
Accessibility listedPro

Counts show listed matches. Accessibility labels do not describe every access need. Confirm specific features with leasing.

1 Bed / 1 Bath Unit 12
$1,521/mo
659 ft² · $2.31/ft²

Available: Contact for availability

1 Bed / 1 Bath Unit 19
$1,551/mo
680 ft² · $2.28/ft²

Available: Contact for availability

1 Bed / 1 Bath Unit 10
$1,596/mo
659 ft² · $2.42/ft²

Available: Contact for availability

1 Bed / 1 Bath Unit 2
$1,611/mo
645 ft² · $2.50/ft²

Available: Contact for availability

1 Bed / 1 Bath Unit 17
$1,621/mo
664 ft² · $2.44/ft²

Available: Contact for availability

1 Bed / 1 Bath Unit 13
$1,626/mo
659 ft² · $2.47/ft²

Available: Contact for availability

1 Bed / 1 Bath Unit 18
$1,626/mo
658 ft² · $2.47/ft²

Available: Contact for availability

1 Bed / 1 Bath Unit 5
$1,626/mo
645 ft² · $2.52/ft²

Available: Contact for availability

1 Bed / 1 Bath Unit 11
$1,636/mo
668 ft² · $2.45/ft²

Available: Contact for availability

1 Bed / 1 Bath Unit 14
$1,655/mo
659 ft² · $2.51/ft²

Available: Contact for availability

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Charlotte, NC notes

No resident notes for this property yet.

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