Cheap 1 Bedroom Apartments for Rent in the Penelope Neighborhood of Atlanta, GA from $575 (37 Rentals)

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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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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property at 785 Gary Rd NW

785 Gary Rd NW

AtlantaGA30318
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Seven Courts
1 Bedroom Apartments

Seven Courts

2800 Martin Luther King Jr Dr SWAtlanta, GA 30311
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Dogwood Apartments
1 Bedroom Apartments

Dogwood Apartments

95 SW Peyton RdAtlanta, GA 30311
  • Utilities Included

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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Heritage Pointe
1 Bedroom Apartments

Heritage Pointe

1350 Mayson Turner Rd NWAtlanta, GA 30314
  • Utilities Included
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Peaks of MLK
1 Bedroom Apartments

Peaks of MLK

2423 Martin Luther King DrAtlanta, GA 30311
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Westpoint View
1 Bedroom Apartments

Westpoint View

1197 Simpson Rd NWAtlanta, GA 30314
  • Utilities Included
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The Avenue at 3060
1 Bedroom Apartments

The Avenue at 3060

3020 Delmar Ln NWAtlanta, GA 30311
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Showing Results 1-37, Page 1 of 1

Penelope, Atlanta, GA Local Guide

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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.

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Frequently Asked Questions about Cheap Penelope Apartments

What is a cheap apartment in Penelope?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Penelope is under $1,119.

What is the price of a cheap apartment in Penelope?

The cheapest apartment in Penelope is Ashley Collegetown which is listed at $833, while the average apartment in Penelope costs $3,560.

What types of apartments are the cheapest in Penelope?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 213 regular apartments in Penelope that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Penelope?

Cheap apartments in Penelope have an average cost of $955 which is $2,605 cheaper than the average rent for all rentals in Penelope.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for An Atlanta Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in the Atlanta Area article

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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.