Apartments for Rent in the Penelope Neighborhood of Atlanta, GA (471 Rentals) Page 2 of 10

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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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Neighborhood & Market Insights: How to Choose the Right Area to Rent

Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.

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property at 506 Waterford Rd NW

$2,500

5 Bedroom, 3 Bath Rentals

Available Now

Unit

506 Waterford Rd NW
AtlantaGA30318

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.

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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.

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Showing Results 51-100, Page 2 of 10

Frequently Asked Questions about Penelope

What is the current pricing and availability for apartments for rent in the Penelope area of Atlanta, GA?

As of today, August 26, 2026, there are currently 471 available Penelope apartments priced from $503 to $2,512, with an average monthly rent of $1,390.

How much are Studio apartments in Penelope?

There are currently 51 Studio Apartments in Penelope with rent ranges from $850 to $1,491 with an average price of $1,212.

What is the current price range for One Bedroom Penelope Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Penelope ranges from $800 to $2,000 with an average monthly rent of $1,356.

What does renting a Two Bedroom Apartment in Penelope cost?

The monthly rent prices of Two Bedroom Apartments currently available in Penelope range from $503 to $2,512. Today's average rental price for Two Bedrooms here is $1,410.

How expensive are Penelope Three Bedroom Apartments?

There are currently 45 Three Bedroom Apartments listings available in Penelope on ApartmentHomeLiving.com. The pricing ranges from $1,050 to $2,046 - averaging $1,486 for the location.

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.

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