Penrose, CO rental market

What is the average rent in Penrose, CO?

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Last updated June 25, 2026

Rental market summary

The average rent for all bedrooms and all property types in Penrose, CO is $800.

Average rent

$800

Month-over-month change

-$345

Year-over-year change

+$800

Available rentals

4

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $800 to $2,371.

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Rent frequencies
Rent priceNumber of rental properties
$7002
$8002
$1,6001
$2,300+1

Average rent price over time

In the last year, rent has increased by $800 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$2,600$1,700
Feb$1,695$3,800
Mar$2,300$2,200
May$1,700$1,400
Jul$2,600$1,400
Sep$1,695$1,700
Oct$1,695No data
Nov$677No data
Dec$700No data

Market temperature

The Penrose, CO rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Penrose, CO is 60% lower than the national average.

Penrose, COvs.

$800

$2,006

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Frequently asked questions

1. What is the average rent in Penrose, CO?

The average rent in Penrose, CO is $800.

2. What is the average rent for a one-bedroom apartment in Penrose, CO?

The average rent for a one-bedroom apartment in Penrose, CO is $800 per month.

3. What is the average rent for a two-bedroom apartment in Penrose, CO?

The average rent for a two-bedroom apartment in Penrose, CO is $1,613 per month.

4. What is the average rent for a three-bedroom apartment in Penrose, CO?

The average rent for a three-bedroom apartment in Penrose, CO is $2,371 per month.

5. How much does it cost to rent a house in Penrose, CO?

Houses in Penrose, CO rent between $800 - $2,371 with an average rent of $800.

6. How has the rent in Penrose, CO changed in the last year?

In the last year, the rent in Penrose, CO increased by $800

7. How much has the rent in Penrose, CO increased/decreased in the last month?

In the last month, the rent in Penrose, CO decreased by $345

8. How many available rentals are there in Penrose, CO?

There are currently 4 rentals available in Penrose, CO.

9. How do rent prices in Penrose, CO compare with the national average?

The average rent in Penrose, CO is $800 — 60.12% lower the national average of $2,006.

Zip codes in Penrose, CO

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