Penrose, NC rental market
What is the average rent in Penrose, NC?
Rental market summary
The average rent for all bedrooms and all property types in Penrose, NC is $1,200.
Average rent
$1,200
Month-over-monthMoM change
-$100
Year-over-yearYoY change
+$1,200
Available rentals
2
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,200 to $2,250.
| Rent price | Number of rental properties |
|---|---|
| $1,100 | 1 |
| $1,200 | 1 |
| $2,200+ | 1 |
Average rent price over time
In the last year, rent has increased by $1,200 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Mar | $1,750 | $1,600 |
| Aug | $1,300 | $2,100 |
Market temperature
The Penrose, NC rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Penrose, NC is 40% lower than the national average.
$1,200
$2,000
Rent in Penrose, NC
We created a seamless online experience for you - from shopping on the largest rental network, to applying, to paying rent.
Rent trends near Penrose, NCRent trends nearby
Frequently asked questions
1. What is the average rent in Penrose, NC?
2. What is the average rent for a one-bedroom apartment in Penrose, NC?
3. How much does it cost to rent a house in Penrose, NC?
4. How has the rent in Penrose, NC changed in the last year?
5. How much has the rent in Penrose, NC increased/decreased in the last month?
6. How many available rentals are there in Penrose, NC?
7. How do rent prices in Penrose, NC compare with the national average?
