Condo for rent

5+ Days Ago

720 Penn Ave Ne
720 Penn Ave Ne, Atlanta, GA 30308, USA

Monthly rent	$1,800
Beds	1
Baths	1
Sqft	–

Monthly rent	$1,800
Beds	1
Baths	1
Sqft	–

5+ Days Ago

Highlights

French doors
Off-street parking
Designer flooring
Stainless-steel appliances
Spacious bedroom/living area
Large and private balcony/deck

Location

720 Penn Ave Ne, Atlanta, GA 30308, USA|Midtown

Tour 720 Penn Ave Ne

Contact

$400 Move In Special: Beautifully Updated Midtown Studio Apartment Walking Distance to Piedmont Park

The Highland Residential Group

(678) 788-7826 ext. 2

Property Overview

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

High school nearby
Central heat
Images available

Great for

Eco living
Social life

Policies and fees

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

About 720 Penn Ave Ne

Home

Apartments in Atlanta

Midtown

720 Penn Ave Ne, Atlanta, GA 30308, USA

Sweet deal!

This listing is 13% below the median price for 1 bedroom apartments in Midtown.

At the corner of Penn Ave and 4th St, this studio condo is located in one of the most sought-after areas in Atlanta! Being mere minutes from I-75/85, this property not only allows for easy access in and around the city, but its location also provides countless walkable options for shopping, dining, and recreation such as Piedmont Park, shops and restaurants at Ponce City Market, the Atlanta BeltLine, the Fox Theatre, the famous Mary Mac's Tearoom, Papi's Cuban Grill, Torched Hop Brewing Company, and the Vortex Burger Bar just the name a few. This studio also features hardwoods throughout, a kitchen with with plenty of cabinet and countertop space, a gorgeous backsplash, stainless-steel appliances, a spacious bedroom/living area, a beautifully updated bathroom with a subway tiled stand in shower and designer flooring, a large and private balcony/deck with French doors, and off-street parking. **This Unit is Not Furnished** The Highland Residential Group, LLC (470) 758-9228 **** www HighlandResidentialGroup com

Property highlights

How 720 Penn Ave Ne, Atlanta, GA 30308, USA compares to other nearby properties.

Positives

High school nearby: There is a high school 1 mile away
Central heat: This address offers a climate controlled environment
Images available: There are at least 10 photos of this address

Considerations

No in-unit dishwasher: Dishwashers aren't available

Address details

Neighborhood	Midtown
Zip code	30308
Type	Condo for rent

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Rent trends in Midtown

1-bedroom apartments at 720 Penn Ave Ne cost about 13% less than the average rent price for 1-bedroom apartments in Atlanta.

Median rents as of Jul 4 2026.

Midtown

Atlanta

A table of 1-bedroom apartment rental data trends in Atlanta
Month	Median Rent
July 2024	$1,647
August 2024	$1,636
September 2024	$1,630
October 2024	$1,598
November 2024	$1,600
December 2024	$1,638
January 2025	$1,646
February 2025	$1,619
March 2025	$1,616
April 2025	$1,608
May 2025	$1,601
June 2025	$1,608
July 2025	$1,610
August 2025	$1,644
September 2025	$1,645
October 2025	$1,618
November 2025	$1,600
December 2025	$1,608
January 2026	$1,626
February 2026	$1,614
March 2026	$1,601
April 2026	$1,628
May 2026	$1,652
June 2026	$1,680
July 2026	$1,675

A table of 1-bedroom apartment rental data trends in Midtown
Month	Median Rent
July 2024	$1,999
August 2024	$1,991
September 2024	$1,954
October 2024	$1,947
November 2024	$1,917
December 2024	$1,917
January 2025	$1,985
February 2025	$2,021
March 2025	$1,998
April 2025	$2,018
May 2025	$2,061
June 2025	$2,113
July 2025	$2,097
August 2025	$2,083
September 2025	$2,049
October 2025	$2,035
November 2025	$2,029
December 2025	$2,012
January 2026	$2,090
February 2026	$2,083
March 2026	$2,007
April 2026	$2,000
May 2026	$2,081
June 2026	$2,094
July 2026	$2,079

Affordability calculator

Can I afford to live at 720 Penn Ave Ne?

Bedrooms

1 bedroom

Rent-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

$72,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $72,000 annually to afford this 1-bedroom monthly rent price of $1,800.

For more information on rent affordability, visit our rent calculator.

Check availability

Rent history

Check out the past listing prices for monthly rent at 720 Penn Ave Ne, Atlanta, GA.
			Bath
Last month	$2,700	2 bed	1 bath
10 months ago	$2,700	2 bed	1 bath
1 year ago	$2,400	1 bed	1 bath
1 year ago	$2,400	1 bed	1 bath
1 year ago	$1,895	1 bed	1 bath
1 year ago	$1,895	1 bed	1 bath
2 years ago	$1,800	1 bed	1 bath
2 years ago	$2,100	1 bed	1 bath
3 years ago	$2,400	1 bed	1 bath
3 years ago	$2,600	2 bed	1 bath

Schools near 720 Penn Ave Ne

Internet available near 720 Penn Ave Ne

Getting around Atlanta near 720 Penn Ave Ne

Walking

10/10

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 720 Penn Ave Ne, Atlanta

Groceries

6/10

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 15-minute walk

Parks

7/10

Large amount of park space nearby

Nightlife

8/10

Several bars within a few minutes’ walk

Other units at this address

720 Penn Ave Ne, Atlanta, GA

720 Penn Ave Ne Atlanta, GA

Occupied

2 Beds, 1 Bath

2 Beds

1 Bath

– sqft

$2,700

Occupied

Unit 2

1 Bed

1 Bath

– sqft

$1,700

Furnished • Assigned Parking

Occupied

2

1 Bed

1 Bath

– sqft

$1,800

Balcony • Furnished • Hardwood Floor

Occupied

Apt 6

1 Bed

1 Bath

800 sqft

$1,800

Central Heat • Air Conditioning • Ceiling Fan • In-Unit Laundry • Dishwasher

Listed by Shari Lyn Bierman

Days on market: 1035

ADVERT TITTLE: THIS PROPERTY IS UP FOR RENT WITH A REFUNDABLE APPLICATION DEPOSIT FEE OF $100. Be the first to rent this newly renovated 1 bedroom / 1 Bath house Heat and hot water included in the rent. HOUSE IS MOVE IN READY . *The House Rent is just $1800.00 per month *Security: $3,600 *Lease Term: 6months or 1 Year Minimum *Landlord pays for Heat, Water, Hot Water, Electricity, and Taxes. *Available ASAP At the corner of Penn Ave and 4th St, this spacious 1bd/1ba condo is located in one of the most sought-after areas in Atlanta! Being mere minutes from I-75/85, this property not only allows for easy access in and around the city, but its location also provides countless walkable options for shopping, dining, and recreation such as Piedmont Park, shops and restaurants at Ponce City Market, the Atlanta BeltLine, the Fox Theatre, the famous Mary Mac's Tearoom, Papi's Cuban Grill, Torched Hop Brewing Company, and the Vortex Burger Bar just the name a few. This condo also features hardwoods throughout, a kitchen with tons of cabinet space and a beautiful marble center island with bar seating, stainless-steel appliances, an open living room, a spacious master bedroom with large closet and ceiling fan, a gorgeous master bathroom with a marble topped vanity and hexagon tiled stand in shower, a front loading washer and dryer, a fenced in back porch with rear entry gate, and assigned off-street parking. First month's rent due on move in date. Tenant to fill out lease application and may be asked to provide pay stubs proof of income and credit check (NTN report). *** Washer and dryer in your unit *** Pets accepted *** Modern kitchens and baths Tenants need to submit the following documents: *Application Form *2 Recent Pay Stubs *2 Recent Bank Statements *Govt ID for each applicant *Residential Lease signed by applicants REQUIREMENTS PRIOR TO ACCEPTANCE: **Complete Rental Application Form **Security Deposit- $3600 Please Contact Us to begin rental procedure! text Miller: (678) 267-6780 for more details MUST FILL OUT APPLICATION FORM BEFORE SCHEDULING A TOUR!