Penrose

Starting at $1,634

327 W Tremont Ave

Charlotte, NC 28203 Wilmore Neighborhood
Studio-2 Beds
1-2 Baths
574+ Sq Ft

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.

Listing Provided By

Pricing and Floor Plans

Studio

S1

$1,634 - $5,378

Studio, 1 Bath, 574 Sq Ft

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S1 Floor Plan
3 Available Units
Unit Price Sq Ft Availability
166 $1,634 574 Now
466 $1,734 574 Now
310 $1,659 574 Feb 19, 2026

1 Bedroom

A3

$1,760 - $3,495

1 Bed, 1 Bath, 723 Sq Ft

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A3 Floor Plan
5 Available Units
Unit Price Sq Ft Availability
133 $1,760 723 Now
387 $1,817 723 Now
335 $1,867 723 Jan 7, 2026
433 $1,937 723 Jan 10, 2026
218 $1,857 723 Jan 13, 2026

A1

$1,771 - $3,679

1 Bed, 1 Bath, 645 Sq Ft

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A1 Floor Plan
5 Available Units
Unit Price Sq Ft Availability
368 $1,771 645 Now
468 $1,867 645 Now
338 $1,823 693 Now
422 $1,893 695 Now
120 $1,857 743 Feb 13, 2026

A2

$1,778 - $3,745

1 Bed, 1 Bath, 658 Sq Ft

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A2 Floor Plan
5 Available Units
Unit Price Sq Ft Availability
456 $1,858 659 Jan 27, 2026
481 $1,808 659 Feb 4, 2026
154 $1,778 678 Now
114 $1,778 678 Now
428 $1,953 678 Now

B4LW

$2,381 - $4,614

1 Bed, 1 Bath, 1,136 Sq Ft

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B4LW Floor Plan
2 Available Units
Unit Price Sq Ft Availability
182 $2,381 1,136 Now
190 $2,381 1,136 Now

2 Bedrooms

B3

$2,548 - $4,205

2 Beds, 2 Baths, 1,025 Sq Ft

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B3 Floor Plan
1 Available Unit
Unit Price Sq Ft Availability
398 $2,548 1,025 Now

B1

$2,548 - $4,116

2 Beds, 2 Baths, 1,059 Sq Ft

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B1 Floor Plan
1 Available Unit
Unit Price Sq Ft Availability
221 $2,548 1,075 Jan 7, 2026

B2

$2,572 - $4,238

2 Beds, 2 Baths, 1,075 Sq Ft

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B2 Floor Plan
1 Available Unit
Unit Price Sq Ft Availability
116 $2,572 1,080 Now

B4

$2,763 - $5,042

2 Beds, 2 Baths, 1,124 Sq Ft

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B4 Floor Plan
3 Available Units
Unit Price Sq Ft Availability
489 $2,853 1,093 Now
202 $2,829 1,108 Now
483 $2,763 1,108 Jan 30, 2026

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities. Use the Rent Estimate Calculator to determine your monthly and one-time costs based on your requirements.

Utilities And Essentials

Utility - Electric - Third Party
Usage-Based (Utilities).Amount for provision and consumption of electric paid to a third party.
Utility - Billing Administrative Fee
Amount to manage utility services billing.
Pest Control Services
Amount for pest control services.
Trash Services - Hauling
Amount for shared trash/waste services.
Utility - Water/Sewer
Usage-Based (Utilities).Amount for provision and/or consumption of water and sewer services
Renters Liability Insurance - Third Party
Amount for renters liability insurance obtained through resident's provider of choice.
Utility - Electric - Third Party
Varies
Utility - Billing Administrative Fee
$3.75 / mo
Pest Control Services
$6 / mo
Trash Services - Hauling
$43 / mo
Utility - Water/Sewer
Varies
Renters Liability Insurance - Third Party
Varies

One-Time Basics

Due at Application
Application Fee
Amount to process application, initiate screening, and take a rental home off the market.
Administrative Fee
Amount to facilitate move-in process for a resident.
Due at Move In
Security Deposit (Refundable)
Amount intended to be held through residency that may be applied toward amounts owed at move-out. Refunds processed per application and lease terms.
Access Device
Amount to obtain an access device for community; fobs, keys, remotes, access passes.
Due at Application
Application Fee
$85
Administrative Fee
$250
Due at Move In
Security Deposit (Refundable)
$250
Access Device
$25

Parking

Parking - Reserved
Amount for reserved parking space/services. May be subject to availability.
Parking Fee
Amount for garage parking space/services. May be subject to availability.
Parking - Reserved
$150 / mo
Parking Fee
$25 / mo

Pets

Pet Management - Third Party
Amount for authorized pet registration and screening services.
Pet Rent
Monthly amount for authorized pet.
Pet Fee - Additional Pet
Amount to facilitate additional authorized pet move-in.
Pet Fee
Amount to facilitate authorized pet move-in.
Pet Management - Third Party
$20 - $30
Pet Rent
$20 / mo
Pet Fee - Additional Pet
$500
Pet Fee
$450

Storage

Storage Fee
Amount for usage of optional storage space. May be subject to availability.
Storage Fee
$35 - $150 / mo

Personal Add-Ons

Renters Liability/Content - Property Program
Amount to participate in the property Renters Liability Program.
Renters Liability Only - Non-Compliance
Amount for not maintaining required Renters Liability Policy.
Renters Liability/Content - Property Program
$14.50 / mo
Renters Liability Only - Non-Compliance
$10.75 / occurance

Situational

Late Fee
Amount for paying after rent due date; per terms of lease.
Early Lease Termination/Cancellation
Amount to terminate lease earlier than lease end date; excludes rent and other charges.
Intra-Community Transfer Fee
Amount due when transferring to another rental unit within community.
Legal/Eviction Fees
Amount for legal expenses incurred for lease violations.
Returned Payment Fee (NSF)
Amount for returned payment.
Access Device - Replacement
Amount to obtain a replacement access device for community; fobs, keys, remotes, access passes.
Late Fee
5.00% of base rent / occurance
Early Lease Termination/Cancellation
200.00% of base rent / occurance
Intra-Community Transfer Fee
$1,000 / occurance
Legal/Eviction Fees
Varies
Returned Payment Fee (NSF)
$35 / occurance
Access Device - Replacement
$100 / occurance

Property Fee Disclaimer: Standard Security Deposit subject to change based on screening results; total security deposit(s) will not exceed any legal maximum. Resident may be responsible for maintaining insurance pursuant to the Lease. Some fees may not apply to apartment homes subject to an affordable program. Resident is responsible for damages that exceed ordinary wear and tear. Some items may be taxed under applicable law. This form does not modify the lease. Additional fees may apply in specific situations as detailed in the application and/or lease agreement, which can be requested prior to the application process. All fees are subject to the terms of the application and/or lease. Residents may be responsible for activating and maintaining utility services, including but not limited to electricity, water, gas, and internet, as specified in the lease agreement.

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