
Apartments for Rent with Specials in the Penelope Neighborhood of Atlanta, GA (7 Rentals)
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.


The Lowery

Donnelly Court
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Overlook Ridge

The Oasis on Cascade

1295 West Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Martin Manor
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 | $1,341 | $848 | $1,975 |
Penelope 1 Bedroom Apartments | $1,387 | $900 | $2,178 |
Penelope 2 Bedroom Apartments | $1,656 | $950 | $4,683 |
Penelope 3 Bedroom Apartments | $1,589 | $1,247 | $1,850 |
Penelope 4 Bedroom Apartments | $2,850 | $2,000 | $4,500 |
Browse Apartments in this Neighborhood
There are currently 7 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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Top Atlanta Apartments in the Penelope Area with Move-In Specials Ending Soon
Specials updated: 07-15-2025Take 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!
Donnelly Court
Must apply by 07/15/25 to qualify!Expires 07-15-2025
Porter Westside
Up to 6 WEEKS FREE on select units when you move in by 7/31! Plus, apply in-office and well credit back your app and admin fees for extra savings just for you! *T&C ApplyExpires 07-16-2025
The Oasis on Cascade
Online Leasing Promo Code: OASIS2025 - $49 App & Admin - $251.00 offExpires 07-16-2025
Overlook Ridge
Limited Time Special! Lease today and receive 1 Month Free! Enjoy your savings split evenly across four months! *Call us for details. Restrictions applyExpires 07-16-2025
1295 West Apartments
Summer Savings! Apply anytime in July and move in before July 30th to receive half off your August rent thats over $500 in savings!Expires 07-16-2025
The Lowery
Spring into these savings! Up to 4 weeks FREE- Apply by 4/30Expires 07-16-2025
Newly Listed Move-In Specials offers for Apartments in Penelope, GA
Specials updated: 07-15-2025Here 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.
Porter Westside
Up to 6 WEEKS FREE on select units when you move in by 7/31! Plus, apply in-office and well credit back your app and admin fees for extra savings just for you! *T&C ApplyExpires 07-16-2025
The Oasis on Cascade
Online Leasing Promo Code: OASIS2025 - $49 App & Admin - $251.00 offExpires 07-16-2025
The Lowery
Spring into these savings! Up to 4 weeks FREE- Apply by 4/30Expires 07-16-2025
Overlook Ridge
Limited Time Special! Lease today and receive 1 Month Free! Enjoy your savings split evenly across four months! *Call us for details. Restrictions applyExpires 07-16-2025
1295 West Apartments
Summer Savings! Apply anytime in July and move in before July 30th to receive half off your August rent thats over $500 in savings!Expires 07-16-2025
Quick 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.
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 Martin Manor listed at $950.
How much is the average rent for a Rent Specials Penelope Apartment?
The average rent for a Rent Specials Apartment in Penelope is $1,632.
What is the largest Rent Specials Penelope Apartment for rent?
Today's Rent Specials apartment with the most square footage in Penelope is a 1,277 square feet unit starting from $1,350 at Overlook Ridge.
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 721 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.