
Luxury Apartments for Rent in the Penelope Neighborhood of Atlanta, GA (84 Rentals)
The most luxurious Apartments in the Penelope area of Atlanta with high-end amenities, features, and finishes.


Total Monthly Price
The Lowery

Intrada Westside Apartments

Park West

2226 Gary Ct NW

1033 Martin Luther King Jr Dr NW, Unit 1033

1085 Harwell St NW

2184 Wingate St SW

945-947 Palmetto Ave SW, Unit Palmetto Up

945-947 Palmetto Ave SW, Unit Palmetto Down
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

1128 Cascade Rd, Unit Suite A

945-947 Palmetto Ave SW, Unit Palmetto Whole House

244 Laurel Ave SW

1425 Oglethorpe Ave SW

1090 Indale Pl SW

292 Richardson Rd NW

426 Altoona Pl SW

1387 Beecher St SW

451 W Ontario Ave SW

1029 Washington Heights Terrace NW
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.

684 Grady Pl SW

725 Alta Pl NW

545 Elmwood Rd NW, Unit A & B

1749 S Alvarado Terrace SW

1911 Baker Rd NW

7 Edwin Pl NW

195 W Lake Ave NW, Unit 1

1603 Ezra Church Dr NW

1951 Handley Ave SW

995 Fleetwood Cir SW
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.

1114 Indale Pl SW

841 Ridge Ave NW

2474 Ousley Ct

195 W Lake Ave NW

740 Prince Pl NW

718 N Evelyn Pl NW

751 Prince Pl NW

2574 Elliott St NW

753 Prince Pl NW

556 Church St NW
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.

739 Prince Pl NW

308 Anderson Ave NW

244 Laurel Ave SW

273 Wadley St NW

1439 Westboro Dr SW

1462 Lucile Ave SW

995 Fleetwood Cir SW

1029 Washington Heights Terrace NW

1181 Westview Dr SW

684 S Elizabeth Pl NW
The Art of the Rental Viewing: What to look for during a property tour
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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 84 rentals with your search options within a 2 mile radius of the Penelope Neighborhood of Atlanta, GA.
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Penelope, Atlanta, GA Local Guide
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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.
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.