
Apartments for Rent with Specials in the Penelope Neighborhood of Atlanta, GA (17 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.


Donnelly Court

The Oasis on Cascade

Crystal at Hamilton

Parkside Flats
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Overlook Ridge

Total Monthly Price
The Lowery

1033 Palmetto Ave SW

455 Joseph E Lowery Blvd NW

167 Rockmart Dr SW
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167 Rockmart Dr SW

687 S Evelyn Pl NW

2175 Pansy St NW

838 Ridge Ave NW

841 Ridge Ave NW
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15 Chappell Rd NW

390 W Lake Ave NW
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 | $1,291 | $894 | $1,511 |
| Penelope 1 Bedroom Apartments | $1,374 | $695 | $2,000 |
| Penelope 2 Bedroom Apartments | $1,505 | $503 | $2,718 |
| Penelope 3 Bedroom Apartments | $1,663 | $1,050 | $4,000 |
| Penelope 4 Bedroom Apartments | $3,341 | $1,725 | $6,500 |
Browse Apartments in this Neighborhood
There are currently 17 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: 06-15-2026Take 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!
The Lowery
West Midtown Living Starts Here! Enjoy 1/2 OFF your first 3 full months of base rent on all available apartment homes!! Pricing shown reflects base rent only and excludes non-optional fees and utilities. Availability is limited—connect with our leasing team to secure your preferred home. *Minimum lease terms and other conditions apply. Concession applies to base rent only and does not apply to monthly fees. Contact the leasing office for details!*Expires 06-14-2026
Porter Westside
Get ONE MONTH FREE on ANY apartment! Tour Today and don't miss out! *T&C ApplyExpires 06-14-2026
The Oasis on Cascade
Online Leasing Promo Code: OASIS2025 - $49 App & Admin - $251.00 offExpires 06-14-2026
Overlook Ridge
Move In by June 30, 2026 & Celebrate Summer with FREE Rent in July!Expires 06-30-2026
Parkside Flats
One month free when you sign up before July 4th! Expires July 4, 2026Expires 07-04-2026
Crystal at Hamilton
$500 Off 2nd Month's Rent + Free Ring Camera & Zero Admin Fee! Don't wait — this deal ends July 31st!!! Also, check out our Preferred Employer Program for an extra special discount!Expires 07-31-2026
Newly Listed Move-In Specials offers for Apartments in Penelope, GA
Specials updated: 06-15-2026Here 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.
Donnelly Court
Must have a credit score of at least 600(we will accept a score ranging from 500-599 under the cosign program). No evictions in the past three years and no outstanding housing debts.Expires 12-31-2026
Crystal at Hamilton
$500 Off 2nd Month's Rent + Free Ring Camera & Zero Admin Fee! Don't wait — this deal ends July 31st!!! Also, check out our Preferred Employer Program for an extra special discount!Expires 07-31-2026
Parkside Flats
One month free when you sign up before July 4th! Expires July 4, 2026Expires 07-04-2026
Overlook Ridge
Move In by June 30, 2026 & Celebrate Summer with FREE Rent in July!Expires 06-30-2026
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
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 Rent Specials Penelope Apartments
What is the Cheapest Rent Specials apartment in Penelope?
Currently the most affordable Rent Specials Apartment in Penelope is at Crystal at Hamilton listed at $963.
How much is the average rent for a Rent Specials Penelope Apartment?
The average rent for a Rent Specials Apartment in Penelope is $1,645.
What is the largest Rent Specials Penelope Apartment for rent?
Today's Rent Specials apartment with the most square footage in Penelope is a 1,394 square feet unit starting from $963 at Crystal at Hamilton.
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 815 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

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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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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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.

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