El Peñón is a municipality and town of Colombia in the department of Cundinamarca.

It is located at an altitude of 1,310 metres (4,300 ft) in the western flanks of the Eastern Ranges of the Colombian Andes.

The municipality is 120 kilometres (75 mi) northwest of the capital Bogotá and thanks to the lower elevation has a temperate climate averaging 21 °C (70 °F).

The area of El Peñón before the Spanish conquest was inhabited by the Panche.

Modern El Peñón was founded in 1822 by Pedro Bustos as El Peñón de Terama, named after a cacique of the Panche that resisted the Spanish conquistadors and died in 1565.