Cheap Apartments for Rent in the Penelope Neighborhood of Atlanta, GA from $600 (44 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Penelope area of Atlanta.

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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property at 785 Gary Rd NW

785 Gary Rd NW

AtlantaGA30318
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Seven Courts
1 to 2 Bedroom Apartments

Seven Courts

2800 Martin Luther King Jr Dr SWAtlanta, GA 30311
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Cascade Garden
2 Bedroom Apartments

Cascade Garden

763 SW Cascade AveAtlanta, GA 30310
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Kings Court Apartments
2 Bedroom Apartments

Kings Court Apartments

2099 Martin Luther King DrAtlanta, GA 30310
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Dogwood Apartments
1 Bedroom Apartments

Dogwood Apartments

95 SW Peyton RdAtlanta, GA 30311
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Westpoint View
1 to 2 Bedroom Apartments

Westpoint View

1197 Simpson Rd NWAtlanta, GA 30314
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Heritage Pointe
1 to 3 Bedroom Apartments

Heritage Pointe

1350 Mayson Turner Rd NWAtlanta, GA 30314
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Peaks of MLK
1 to 3 Bedroom Apartments

Peaks of MLK

2423 Martin Luther King DrAtlanta, GA 30311
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Westlake Village
2 Bedroom Apartments

Westlake Village

1655 W Lake Ct NWAtlanta, GA 30314
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Showing Results 1-44, Page 1 of 1

Penelope, Atlanta, GA Local Guide

Cheapest Available Penelope Apartments for Rent

 

The cheapest available apartment rental in the Penelope area of Atlanta, GA is a 1 Bed unit found at 2557 Hightower Ct NW priced from $650. 2576 Peyton Woods Trl SW has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here are the most affordable Penelope apartments for rent in Atlanta, GA:

Apartment ListingModel NameBed/BathPriced From
2557 Hightower Ct NW2557 Hightower Ct NW1BR,1BA$650
2576 Peyton Woods Trl SW2576 Peyton Woods Trl SW1BR,1BA$675
1933 Beecher St SW1933 Beecher St SW1BR,1BA$700
1765 Cascade Ter SW1765 Cascade Ter SW1BR,1BA$750
Intrada Westside Apartments1 Bedroom1BR,1BA$875
Residences at Westview1Bed/1 Bath1BR,1BA$894
The Mallory Apartments 55+ Active AdultA 60%1BR,1BA$899
106 Morris Brown Dr SW106 Morris Brown Dr SW1BR,1BA$925
Parkside at Quarry Yards1 Bedroom1BR,1BA$930
Ashley CollegetownThe Allegro1BR,1BA$951

Best Value Apartments for Rent in Penelope, GA

As of March 13, 2025 the best value apartment in the Penelope area is the $0.94 price per square foot 1355 Lucile Ave SW Model at 1355 Lucile Ave SW, Unit 1 in the in the West End neighborhood starting from $1,700. The second greatest value Penelope apartment is the 3 Bedroom Model at Parkside at Quarry Yards starting at $1,275 with a $1.13 price per square foot in the Vine City neighborhood. Here is today’s list of the best values for Penelope apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1355 Lucile Ave SW, Unit 11355 Lucile Ave SW3BR,2.5BA$0.94
Parkside at Quarry Yards3 Bedroom3BR,2BA$1.13
177 Peyton Pl SW2 Bed2BR,1.5BA$1.44
345 Lanier2x12BR,1BA$1.21
The Oasis on Cascade2 Bed 1 Bath2BR,1BA$1.33
Ashley CollegetownThe Allegro1BR,1BA$1.19
San Pedro Property1 Bed 1 Bath1BR,1BA$1.50
Residences at Westview1Bed/1 Bath1BR,1BA$1.21
Gardens at Washington Park 12 Bedroom, 1 Bathroom2BR,1BA$1.57
Intrada Westside Apartments1 Bedroom1BR,1BA$1.26

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Pet Friendly Lifestyle
Penelope, Atlanta, GA

Ranked #360

Among neighborhoods in Atlanta, GA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Penelope, Atlanta, GA

School data provided by Great Schools

Best Local Schools in
Penelope, Atlanta, GA

School data provided by Great Schools

Frequently Asked Questions about Cheap Penelope Apartments

What is the Cheapest Studio apartment in Penelope?

Currently the most affordable Cheap Studio Apartment in Penelope is at 1295 West Apartments listed at $1,040.

How much is rent for a Cheap One Bedroom Penelope Apartment?

The lowest price for a Cheap One Bedroom Penelope Apartment is $650 at 2557 Hightower Ct NW.

What is the lowest price for a Cheap Two Bedroom Penelope Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Penelope is starting from $1,039 at Intrada Westside Apartments.

What is the most affordable Penelope Three Bedroom Apartment?

The best deal on a cheap Penelope Three Bedroom Apartment rental is at Intrada Westside Apartments and starts from $1,191.

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.

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