Apartments for Rent with Specials in the Penelope Neighborhood of Atlanta, GA (4 Rentals)

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Apartments in the Penelope area of Atlanta with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.

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City Line Flats
Rent Specials
$1,200 - $1,800Special Offer
Specials Move in by January 31, 2026 and receive 50% off your first full month’s rent. Applicant and administrative fees apply. Applicant mu
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City Line Flats

2129 Martin Luther King Jr Dr SWAtlanta, GA 30310
Affordability
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The Lowery
Rent Specials
$1,260 - $5,214Special Offer
Specials Warm Up to Elevated Living This season, enjoy up to 6 weeks FREE on select apartment homes. Pricing shown reflects base rent only a
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The Lowery

900 Joseph E Lowery BlvdAtlanta, GA 30318
Student Housing
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The Avenue at 3060
Rent Specials
$1,399 - $1,799Special Offer
Specials Current Specials: 2 beds / 1 bath: $1k deposit and $1k first month's rent = $2000 Move In! 2 beds / 2 baths: $1200 deposit and $120
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The Avenue at 3060

3020 Delmar Ln NWAtlanta, GA 30311
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1295 West Apartments
Rent Specials
$1,025 - $1,370Special Offer
Discounts Fall into a new home at 1295 West! Apply and move in during September to receive $500 off both October and November's rent plus ad
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1295 West Apartments

1295 Donnelly Ave SWAtlanta, GA 30310
Affordability
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  • Customer Reviewed
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Penelope, Atlanta, GA Local Guide

Top Atlanta Apartments in the Penelope Area with Move-In Specials Ending Soon

Specials updated: 01-13-2026

Take advantage of these move-in and rent specials that are ending soon for top Penelope, GA apartments. Act fast and don’t miss out on an incredible deal on your perfect new place!

1295 West Apartments

Fall into a new home at 1295 West! Apply and move in during September to receive $500 off both October and November's rent plus additional savings on your app and admin fee - over $1000 in savings! Conditions apply - Contact our leasing team for more details.Expires 01-14-2026

The Lowery

Warm Up to Elevated Living This season, enjoy up to 6 weeks FREE on select apartment homes. Pricing shown reflects base rent only and excludes non-optional fees and utilities. Availability is limitedconnect with our leasing team to secure your preferred home.Expires 01-14-2026

City Line Flats

Move in by January 31, 2026 and receive 50% off your first full month’s rent. Applicant and administrative fees apply. Applicant must be fully approved and take possession of the home by 1/31/2026 to qualify. Deposit alternatives available.Expires 01-31-2026

The Avenue at 3060

Current Specials: 2 beds / 1 bath: $1k deposit and $1k first month's rent = $2000 Move In! 2 beds / 2 baths: $1200 deposit and $1200 first month's rent = $2400 Move InExpires 01-31-2026

Newly Listed Move-In Specials offers for Apartments in Penelope, GA

Specials updated: 01-13-2026

Here are the most recently added special offers for renters looking to find the best deals on apartments in Penelope, GA. Be sure to take advantage of some of the area’s top offers.

1295 West Apartments

Fall into a new home at 1295 West! Apply and move in during September to receive $500 off both October and November's rent plus additional savings on your app and admin fee - over $1000 in savings! Conditions apply - Contact our leasing team for more details.Expires 01-14-2026

The Avenue at 3060

Current Specials: 2 beds / 1 bath: $1k deposit and $1k first month's rent = $2000 Move In! 2 beds / 2 baths: $1200 deposit and $1200 first month's rent = $2400 Move InExpires 01-31-2026

The Lowery

Warm Up to Elevated Living This season, enjoy up to 6 weeks FREE on select apartment homes. Pricing shown reflects base rent only and excludes non-optional fees and utilities. Availability is limitedconnect with our leasing team to secure your preferred home.Expires 01-14-2026

City Line Flats

Move in by January 31, 2026 and receive 50% off your first full month’s rent. Applicant and administrative fees apply. Applicant must be fully approved and take possession of the home by 1/31/2026 to qualify. Deposit alternatives available.Expires 01-31-2026

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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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.

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A 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

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Quick Rent Budget Calculator

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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.

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Frequently Asked Questions about Rent Specials Penelope Apartments

What is the Cheapest Rent Specials apartment in Penelope?

Currently the most affordable Rent Specials Apartment in Penelope is at 1295 West Apartments listed at $1,025.

How much is the average rent for a Rent Specials Penelope Apartment?

The average rent for a Rent Specials Apartment in Penelope is $1,978.

What is the largest Rent Specials Penelope Apartment for rent?

Today's Rent Specials apartment with the most square footage in Penelope is a 1,256 square feet unit starting from $1,260 at The Lowery.

What is the average size for Penelope Rent Specials Apartments for rent?

The average size for a Rent Specials rental in Penelope is currently at 631 sq ft.

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

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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.

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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.

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Commute Less, Live More: Top Neighborhoods Near Atlanta's Biggest Companies

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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

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Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!