Cheap Apartments for Rent in the Penelope Neighborhood of Atlanta, GA from $503 (88 Rentals) Page 2 of 2

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Search the lowest-cost Apartments available for rent right now in the Penelope area of Atlanta.

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Kings Court Apartments
2 Bedroom Apartments

Kings Court Apartments

2099 Martin Luther King DrAtlanta, GA 30310
  • Utilities Included
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Bolden Cove
1 to 3 Bedroom Apartments

Bolden Cove

95 SW Peyton RdAtlanta, GA 30311
  • Utilities Included

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

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1194 SW Lucile Ave
2 Bedroom Apartments

1194 SW Lucile Ave

1194 SW Lucile AveAtlanta, GA 30310
Senior Living
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Fairway Court Apartments
1 to 3 Bedroom Apartments

Fairway Court Apartments

1247 Joseph E. Boone BlvdAtlanta, GA 30314
  • Utilities Included

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.

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Hamilton Hills
1 to 3 Bedroom Apartments

Hamilton Hills

2576 Martin Luther King Jr Dr SWAtlanta, GA 30311
  • Utilities Included
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147 Lawton St SW
1 to 2 Bedroom Apartments

147 Lawton St SW

147 Lawton St SWAtlanta, GA 30314
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139 Lawton St SW
2 Bedroom Apartments

139 Lawton St SW

139 Lawton St SWAtlanta, GA 30314
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Ashley Collegetown
1 to 3 Bedroom Apartments

Ashley Collegetown

387 Joseph E Lowery Blvd SWAtlanta, GA 30310
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Heritage Pointe
1 to 3 Bedroom Apartments

Heritage Pointe

1350 Mayson Turner Rd NWAtlanta, GA 30314
  • Utilities Included
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584 Lindsay
2 Bedroom Apartments

584 Lindsay

584 Lindsay St NWAtlanta, GA 30318

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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345 Lanier
2 Bedroom Apartments

345 Lanier

345 Lanier StAtlanta, GA 30318

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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City Line Flats
1 to 3 Bedroom Apartments

City Line Flats

2129 Martin Luther King Jr Dr SWAtlanta, GA 30310
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Westpoint View
1 to 2 Bedroom Apartments

Westpoint View

1197 Simpson Rd NWAtlanta, GA 30314
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Showing Results 51-88, Page 2 of 2

Frequently Asked Questions about Cheap Penelope Apartments

What is a cheap apartment in Penelope?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Penelope is under $1,041.

What is the price of a cheap apartment in Penelope?

The cheapest apartment in Penelope is Dreamscape at Fairfield which is listed at $800, while the average apartment in Penelope costs $1,389.

What types of apartments are the cheapest in Penelope?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 32 regular apartments in Penelope that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Penelope?

Cheap apartments in Penelope have an average cost of $566 which is $823 cheaper than the average rent for all rentals in Penelope.

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.

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