
Homes for Rent in Penelope Neighborhood of Atlanta, GA Under $2,000 (144 Rentals)


1118 Oglethorpe Ave SW, Unit B

455 Joseph E Lowery Blvd NW

898 Oak St SW, Unit 3112

191 Rosser St SW

2355 Hill St NW, Unit Basement In-Law Suite

361 Joseph E. Lowery Blvd NW, Unit 4d

761 Kennolia Dr SW, Unit #1

41 Spring Ln NW

100 Peyton Pl SW
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.

100 Peyton Pl SW

1084 Cordova St SW

100 Peyton Pl SW

100 Peyton Pl SW

100 Peyton Pl SW

100 Peyton Pl SW

100 Peyton Pl SW

100 Peyton Pl SW

0 W Lake Ave NW

210 Mathewson Pl SW
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.

659 Robert St NW

0 W Lake Ave NW

839 Commodore Dr NW

53 Joseph E Lowery Blvd SW

173 Chappell Rd NW

965 Fair St SW

1554 Richland Rd SW

1844 Rogers Ave SW

2210 Pansy St NW

1066 Margaret Pl NW
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.

Room in House on Baker Terrace NW

1107 Indale Pl SW

2668 Hood Ave NW

1535 Pineview Terrace SW

1567 Mayflower Ave SW

1370 Westboro Dr SW

403 Westchester Blvd NW

2523 Hood Ave NW

Room in House on Cedar Ave NW

2980 Delmar Ln NW
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

2210 Pansy St NW

1623 Westwood Ave SW

664 Indigo Ln NW

1444 Rome Dr NW

Room in Duplex on Hightower Ct NW

1948 Detroit Ave NW

1160 Sells Ave SW

2761 Oldknow Dr NW

2007 Morehouse Dr NW

1819 Oakmont Dr NW
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 | $1,640 | $850 | $3,213 |
| Penelope 3 Bedroom Homes for Rent | $2,034 | $630 | $4,200 |
| Penelope 4 Bedroom Homes for Rent | $2,348 | $800 | $5,500 |
| Penelope 5 Bedroom Homes for Rent | $3,493 | $2,000 | $6,900 |
| Penelope 6 Bedroom Homes for Rent | $3,398 | $2,195 | $5,000 |
| Penelope 7 Bedroom Homes for Rent | $2,975 | $2,975 | $2,975 |
Browse Homes for Rent in this Neighborhood
There are currently 144 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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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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 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 246 Apartments for Rent in Penelope, GA with pricing that ranges from $695 to $2,641. There are also 233 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penelope ranging from $525 to $6,900.
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 $525 to $6,900 with an average monthly rent of $2,407.
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.
Articles, How-To's, and Tips

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!