Homes for Rent in the Penelope Neighborhood of Atlanta, GA Under $1,500 (55 Rentals)

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property at 1033 Palmetto Ave SW
$650

Total Monthly Price

Base Rent$650
Total Monthly Price$650
6 Bedroom, 2 Bath Home for Rent
Available Now
Furnished

1033 Palmetto Ave SW

AtlantaGA30314
property at 990 Lawton St SW
$1,295

Total Monthly Price

Base Rent$1,295
Total Monthly Price$1,295
2 Bedroom, 1 Bath Condo for Rent
Available Sep 11
Affordability

990 Lawton St SW, Unit 990 Lawton St SW A

990 Lawton St SW
AtlantaGA30310
property at 2566 Hightower Ct NW
$1,000 - $1,800

Total Monthly Price

Base Rent$1,000 - $1,800
Total Monthly Price$1,000 - $1,800
2 Bedroom, 1 Bath Home for Rent
Available Now
Furnished

2566 Hightower Ct NW

AtlantaGA30318
  • Smoke Free
property at 339 Henry Aaron Ave SW
$750

Total Monthly Price

Base Rent$750
Total Monthly Price$750
1 Bedroom, 1 Bath Home for Rent
Available Now
Furnished

339 Henry Aaron Ave SW, Unit C

339 Henry Aaron Ave SW
AtlantaGA30310
  • Smoke Free

Atlanta Is Calling — Here's Everything You Need to Know Before You Move

Moving to Atlanta? A Georgia native breaks down everything you need to know — from navigating ITP vs OTP neighborhoods to setting up utilities, finding a mover, and getting settled in the ATL.

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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.

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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.

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Atlanta's Best Affordable Neighborhoods

Learn about Atlanta and the best places to live with original content written by our Atlanta, GA Local Expert Jan Boling

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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.

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Penelope, Atlanta, GA Local Guide

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real 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.

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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 272 Apartments for Rent in Penelope, GA with pricing that ranges from $732 to $14,660. There are also 172 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penelope ranging from $500 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 $500 to $6,500 with an average monthly rent of $1,898.

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 $7,714, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,325 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $2,050.

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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Atlanta Is Calling — Heres Everything You Need to Know Before You Move

Written by: Brandie Parton

Hi there! I am Brandie, from Georgia, and I am your local Atlanta expert for the ApartmentHomeLiving.com team.

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Understanding Atlanta's Short-Term Rental Landscape: Everything You Need to Know

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Hi ya’ll! I am Brandie, your local Atlanta, Georgia, expert with the ApartmentHomeLiving.com team.

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Everything You Should Know About Atlanta: A Local Expert's Guide to Renting in the ATL

Written by: Brandie Parton

Hi there from the ATL! I’m Brandie, proud to serve as your ApartmentHomeLiving.com local expert for the Atlanta, Georgia area.

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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

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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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.