
Apartments for Rent in the Penelope Neighborhood of Atlanta, GA (452 Rentals)


Donnelly Court

1295 West Apartments

Dwell atThe Alcove

The Oasis on Cascade

Crystal at Hamilton

Promenade at 2980

Mallory

Heritage Square Apartments

Parkside Flats
Exploring The World Outside Metro Atlanta: Local Suburbs You Will Want to Know About
Discover the best Atlanta suburbs for renting — more affordable options, larger yards, and family-friendly areas, all while commuting into the city.

Overlook Ridge

Villas of Hope Apartments

Parkside

Total Monthly Price
The Lowery

Private Furnished Room in Shared House

The Avenue at 3060

Dreamscape at Fairfield

Residences at Westview

Intrada Westside Apartments

San Pedro Property
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Westview Lofts

166 Anderson Ave NW

359 Lanier St NW

Park West

Martin Manor

Total Monthly Price
Ashby Park Apartments

12Hundred Studios

1296 Sells Ave SW, Unit A

845 Oak St NW

Total Monthly Price
1128 Cascade Rd SW, Unit A
Commute Less, Live More: Top Neighborhoods Near Atlanta's Biggest Companies
Find your ideal Atlanta apartment. This guide explores top neighborhoods like Midtown, Vinings, and Brookhaven, and matches them to the city's biggest employers to help you with your next move.

164 Chicamauga Ave SW, Unit Private Downstairs 1 bed

2184 Wingate St SW

339 Henry Aaron Ave SW, Unit D

41 Spring Ln NW, Unit Masters Room - Yard

2346 Larchwood Rd SW

2069 Detroit Ave NW

2226 Gary Ct NW

1085 Harwell St NW

1033 Martin Luther King Jr Dr NW, Unit 1033

437 Collier Ridge Dr NW
Atlanta's Best Affordable Neighborhoods
Learn about Atlanta and the best places to live with original content written by our Atlanta, GA Local Expert Jan Boling

361 Joseph E. Lowery Blvd NW

658 Cascade Ave SW, Unit A

100 Peyton Pl SW, Unit 6307

100 Peyton Pl SW, Unit 3101

100 Peyton Pl SW, Unit 4208

100 Peyton Pl SW, Unit 6201

100 Peyton Pl SW, Unit 4201

100 Peyton Pl SW, Unit 1301

988 Sims Ave NW, Unit Building A

945-947 Palmetto Ave SW, Unit Palmetto Up
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Penelope, Atlanta, GA Local Guide

How much does it cost to rent an apartment in Penelope?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penelope Studio Apartments | $1,092 | $850 | $1,494 |
| Penelope 1 Bedroom Apartments | $1,415 | $677 | $2,000 |
| Penelope 2 Bedroom Apartments | $1,467 | $835 | $2,553 |
| Penelope 3 Bedroom Apartments | $1,670 | $1,050 | $3,500 |
Browse Apartments in this Neighborhood
There are currently 452 rentals with your search options within a 2 mile radius of the Penelope Neighborhood of Atlanta, GA.
See all Apartments in AtlantaExplore Atlanta
Penelope, Atlanta, GA Local Guide
- Nearby Atlanta neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Understanding Atlanta's Short-Term Rental Landscape: Everything You Need to Know
Discover the thriving short-term rental market in Atlanta from a local expert's perspective. Find flexible, move-in-ready housing options in Downtown, West Midtown, and more.
Read ArticleA Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.
Read ArticleA Local Expert's Guide to the Top Student Friendly Neighborhoods to Rent Near Colleges in Atlanta
A Local Expert's Guide to The 10 Best Affordable Neighborhoods in the Atlanta, GA metro area for affordable living. Find your perfect Atlanta apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Penelope, Atlanta, GA
School data provided by Great Schools
Frequently Asked Questions about Penelope
How much are Studio apartments in Penelope?
There are currently 52 Studio Apartments in Penelope with rent ranges from $850 to $1,494 with an average price of $1,092.
What is the current price range for One Bedroom Penelope Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Penelope ranges from $677 to $2,000 with an average monthly rent of $1,415.
What does renting a Two Bedroom Apartment in Penelope cost?
The monthly rent prices of Two Bedroom Apartments currently available in Penelope range from $835 to $2,553. Today's average rental price for Two Bedrooms here is $1,467.
How expensive are Penelope Three Bedroom Apartments?
There are currently 48 Three Bedroom Apartments listings available in Penelope on ApartmentHomeLiving.com. The pricing ranges from $1,050 to $3,500 - averaging $1,670 for the location.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

An Atlanta Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in the Atlanta Area
Written by: Jan Boling
Atlanta, Georgia is a large, modern city with many neighborhoods that welcome both newcomers and natives.

Top Student Friendly Neighborhoods to Rent Near Colleges in Atlanta
Written by: Brandie Parton
As a member of the Apartment Home Living team, I am honored to share all I know about the fabulous city that I affectionately call ATL.

Commute Less, Live More: Top Neighborhoods Near Atlanta's Biggest Companies
Written by: Brandie Parton
Hi there, I am Brandie Parton, your ApartmentHomeLiving.com Local Expert for Atlanta, GA. I love this bustling city that never seems to quit, rest, or become boring.

Exploring The World Outside Metro Atlanta: Local Suburbs You Will Want to Know About
Written by: Brandie Parton
Hi there, I am Brandie, your ApartmentHomeLiving.com local expert for Atlanta, Georgia.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.