
3 Bedroom Homes for Rent in Penelope Neighborhood of Atlanta, GA (84 Rentals)


845 Oak St NW

1033 Martin Luther King Jr Dr NW, Unit 1033

903-905 Beecher St SW, Unit 905 Beecher

903-905 Beecher St SW, Unit 903 Beecher

945-947 Palmetto Ave SW, Unit Palmetto Up

945-947 Palmetto Ave SW, Unit Palmetto Down

725 Alta Pl NW

1333 Oak St SW

154 Wadley St NW
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

1435 Richland Rd SW

1911 Baker Rd NW

1916 Joseph E. Boone Blvd NW

1515 Westwood Ave SW

687 S Evelyn Pl NW

195 W Lake Ave NW, Unit 1

2507 Dale Creek Dr NW

1800 Oakmont Dr NW

488 Park Valley Dr NW

1951 Handley Ave SW
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1316 Plaza Ave SW

2590 Godfrey Dr NW

995 Fleetwood Cir SW

1948 Detroit Ave NW

29 Chappell Rd NW

675 Holderness St SW

1080 Westmont Rd SW

1114 Indale Pl SW

838 Ridge Ave NW

1473 Beecher St SW
Renting Smart: Lease Basics Every Renter Needs
Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

1578 Linda Way SW

16 Wadley St NW

155 Rosser St SW

232 Anderson Ave NW

5 Burbank Dr SW

1735 Alvarado Terrace SW

2364 Cross St NW

1124 Graymont Dr SW

165 Chicamauga Pl SW

16 Wadley St NW
Everything You Should Know About Atlanta: A Local Expert's Guide to Renting in the ATL
Your essential guide to renting in Atlanta from a local. Get the inside scoop on the ATL's unique culture, sports, historic sites, and sweet tea essentials.

973 Lawton St SW

2875 Hedgewood Dr NW

511 Emily Pl NW

96 Stafford St NW

2732 Baker Ridge Dr NW

1332 Akridge St NW

2111 M.L.K. Jr Dr SW

272 Joseph E. Lowery Blvd NW

269 Florida Ave SW

1948 Detroit Ave 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.
Penelope, Atlanta, GA Local Guide

How much does it cost to rent a home in Penelope?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penelope 2 Bedroom Homes for Rent | $1,614 | $995 | $2,850 |
Penelope 3 Bedroom Homes for Rent | $2,282 | $925 | $6,000 |
| Penelope 4 Bedroom Homes for Rent | $2,651 | $800 | $6,500 |
| Penelope 5 Bedroom Homes for Rent | $3,074 | $2,295 | $6,000 |
| Penelope 6 Bedroom Homes for Rent | $1,750 | $700 | $2,800 |
Browse Homes for Rent 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
What type of rentals are currently available in Penelope?
There are currently 258 Apartments for Rent in Penelope, GA with pricing that ranges from $503 to $8,000. There are also 230 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penelope ranging from $475 to $6,500.
What is the current price range for Rental Homes in Penelope?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Penelope ranges from $475 to $6,500 with an average monthly rent of $2,104.
How much are larger Three and Four Bedroom Rentals in Penelope?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Penelope range from $1,050 to $4,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $6,000. Four Bedroom Single-Family rentals are also available starting from $800 and Four Bedroom Apartments start at $1,725.
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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.