5+ Days Ago
Location
703 Penn Ave Ne Unit 1 #1, Atlanta, GA 30308, USA|Midtown
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Property Overview
Located in a vibrant area, this unit offers a modern layout with appealing amenities. It's great for those seeking a lively urban lifestyle, with easy access to shops, restaurants, and public transportation. Notable features include spacious interiors and a well-maintained environment.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- More space
Great for
Social life
Amenities for 703 Penn Ave Ne Unit 1 #1, Midtown
Apartment Amenities
| Ceiling Fan | Forced Air |
| Hardwood Floor | Natural Gas |
Appliances
| Dishwasher | Electric |
Building
| Exterior Type: Brick | Roof Type: Composition |
Grounds
| Three Parking Spaces |
Neighborhood
| Central |
Other
| Architecture Style: Colonial | Ceiling Fans |
| Exterior Type: Wood Siding | View Type: City |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 703 Penn Ave Ne Unit 1 #1
Sweet deal!
This listing is 23% below the median price for 3 bedroom apartments in Midtown.
Property Status: Active Unit 1 has all hardwood floors, beautiful moldings, parking in the rear of the property and situated near shops and restaurants. Office Phone: (404) 276-3229 Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 703 Penn Ave Ne, Atlanta, GA 30308, USA compares to other nearby properties.
Positives
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- More space
- The 3-bedroom is 430 sqft larger than other listings nearby
Address details
| Neighborhood | Midtown |
|---|---|
| Zip code | 30308 |
| Type | Apartment for rent |
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Rent trends in Midtown
3-bedroom apartments at 703 Penn Ave Ne Unit 1 #1 cost about 23% less than the average rent price for 3-bedroom apartments in Atlanta.
Median rents as of Feb 21 2026.
Midtown
Atlanta
| Month | Median Rent |
|---|---|
| March 2024 | $2,291 |
| April 2024 | $2,284 |
| May 2024 | $2,245 |
| June 2024 | $2,318 |
| July 2024 | $2,308 |
| August 2024 | $2,298 |
| September 2024 | $2,256 |
| October 2024 | $2,200 |
| November 2024 | $2,168 |
| December 2024 | $2,160 |
| January 2025 | $2,131 |
| February 2025 | $2,180 |
| March 2025 | $2,199 |
| April 2025 | $2,231 |
| May 2025 | $2,296 |
| June 2025 | $2,241 |
| July 2025 | $2,272 |
| August 2025 | $2,292 |
| September 2025 | $2,261 |
| October 2025 | $2,200 |
| November 2025 | $2,220 |
| December 2025 | $2,259 |
| January 2026 | $2,248 |
| February 2026 | $2,248 |
| Month | Median Rent |
|---|---|
| March 2024 | $3,562 |
| April 2024 | $3,496 |
| May 2024 | $3,706 |
| June 2024 | $3,423 |
| July 2024 | $3,682 |
| August 2024 | $4,134 |
| September 2024 | $4,355 |
| October 2024 | $4,282 |
| November 2024 | $3,761 |
| December 2024 | $3,551 |
| January 2025 | $3,593 |
| February 2025 | $3,657 |
| March 2025 | $3,593 |
| April 2025 | $3,630 |
| May 2025 | $3,672 |
| June 2025 | $3,938 |
| July 2025 | $3,706 |
| August 2025 | $3,433 |
| September 2025 | $3,483 |
| October 2025 | $3,464 |
| November 2025 | $3,495 |
| December 2025 | $3,512 |
| January 2026 | $3,750 |
| February 2026 | $3,900 |
Affordability calculator
Can I afford to live at 703 Penn Ave Ne Unit 1 #1?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$120,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $120,000 annually to afford this 3-bedrooms monthly rent price of $3,000.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 2 years ago | $2,100 | 2 bed | 2 bath | ||
| 5 years ago | $1,595 | 2 bed | 2 bath | ||
| 5 years ago | $1,595 | 2 bed | 2 bath | ||
| 5 years ago | $1,595 | 2 bed | 2 bath | ||
| 5 years ago | $1,595 | 2 bed | 2 bath | ||
| 5 years ago | $1,595 | 2 bed | 2 bath |
Schools near 703 Penn Ave Ne Unit 1 #1
Atlanta Children's Shelter
607 peachtree st ne
atlanta, GA, 30308
PKPublic
Springdale Park Elementary School
1246 ponce de leon ave ne
atlanta, GA, 30306
K-5Public
A
Michael R. Hollis Innovation Academy
225 james p brawley dr nw
atlanta, GA, 30314
PK, K-8Public
C
Whitefoord Early Learning Program
35 whitefoord ave
atlanta, GA, 30317
PKPublic
Woodson Park Academy
1605 donald lee hollowell pkwy
atlanta, GA, 30318
K-8Public
C-
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Internet available near 703 Penn Ave Ne Unit 1 #1
Getting around Atlanta near 703 Penn Ave Ne Unit 1 #1
Walking
8/10
No car? No problem. Everything you need is within a few blocks.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 703 Penn Ave Ne Unit 1 #1, Atlanta
Groceries
5/10
At least one supermarket within a 20-minute walk
Shopping
8/10
Several shops within a few minutes’ walk
Cafes
6/10
Several cafés within a few minutes’ walk
Restaurants
8/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
6/10
At least one high school within a 20-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
8/10
Several bars within a few minutes’ walk
Other units at this address
703 Penn Ave Ne, Atlanta, GA
703 Penn Ave Ne Atlanta, GA
Occupied
B
2 Beds
2 Baths
$2,100
Hardwood Floor
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