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2 Months Free : Limited Time Special Offer -- Apply and lease by July 31, 2026 and receive 2 Months FREE RENT! Plus, apply within 48 hours of your tour to win additional prizes!* Call For More Details. Terms and Conditions Apply.

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Highlight reel

Highlights

  • Rent Special
  • New Construction
  • Pet Friendly
  • Balcony
  • Tree-lined streets
  • Vibrant neighborhood
  • Exclusive amenities
  • Stylish finishes
  • Two-car garage

Location

1881 Second Ave, Decatur, GA 30032, USA|East Lake
Hi! Let’s figure out if this property is right for you.

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Tour Vela Park

Contact

Management

Perennial Properties

Our team has verified this company

Leasing office

(470) 264-2598

Closing soon 

9:00 am–6:00 pm ET

Property Overview

Vela Park earns a strong overall impression with top marks for amenities, location, and quality, along with a solid price rating that suggests good value. It also stands out for its balcony, tree-lined streets, vibrant neighborhood, exclusive amenities, stylish finishes, and two-car garage, plus practical advantages like abundant photos, nearby schools, and outdoor spaces that support pet friendliness.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

9.0
Excellent
Vela Park is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Amenities and Location, which help to make this rental a great place to call home.

Things you’ll love

  • More space
  • Middle school nearby
  • Elementary school nearby

Great for

  • Pet owners

Floor plans

SwazeyStudio1 bath522 sqft$1,552–$1,565 /mo5 units availableStudio, 1 Shower, w/ Balcony
LilacStudio1 bath540 sqft$1,597–$1,613 /mo10 units availableStudio, 1 Shower, w/o Balcony
CameliaStudio1 bath597 sqft$1,759–$1,774 /mo10 units availableJr 1 BR, 1 Bath (Tub) Apartment w/ Balcony
Eleanor1 bed1 bath708 sqft$1,805–$1,806 /mo3 units available1 BR, 1 Bath (Tub) Apartment w/ Balcony
Marion-Alt1 bed1 bath708 sqft$1,805–$1,820 /mo2 units available1 BR, 1 Bath Handicap Apartment w/ Balcony
Marion1 bed1 bath708 sqft$1,813–$1,833 /mo10 units available1 BR, 1 Bath (Shower) Apartment w/ Balcony
Bernice1 bed1 bath732 sqft$1,814 /mo1 unit available1 BR, 1 Bath (Shower) Apartment w/o Balcony
Parker1 bed1 bath819 sqft$2,160–$2,168 /mo10 units available1 BR + Den, 1 Bath (Shower) Apartment w/ Balcony (Corner)
Valencia1 bed1 bath876 sqft$2,192 /mo1 unit available1 BR + Den, 1 Bath (Shower) Apartment w/ Balcony
Marco2 bed2 bath1,109 sqft$2,578 /mo1 unit available2 BR, 2 Bath w/ Balcony (Corner)
Hillcrest3 bed2.5 bath1,498 sqft$3,761 /mo1 unit available3 BR, 2.5 Bath Two-Story Townhome; two-car garage; ground floor stoop; elevated balcony
A2A1 bed1 bath834 sqftAsk to join waitlistComing soon1 BR + Den, 1 Bath (Tub) Apartment w/ Balcony (Corner)
Alston2 bed2 bath1,031 sqftAsk to join waitlistComing soon2 BR, 2 Bath w/ Balcony (Inline)
Alston-Alt2 bed2 bath1,031 sqftAsk to join waitlistComing soon2 BR, 2 Bath Handicap w/ Balcony (Inline)
Glenwood2 bed2.5 bath1,325 sqftAsk to join waitlistComing soon2 BR, 2.5 Bath Two-Story Townhome; two-car garage; ground floor stoop
Allendale3 bed3.5 bath1,879 sqftAsk to join waitlistComing soon3 BR, 3.5 Bath Three-Story Townhome; two-car garage; ground floor stoop; elevated balcony

Let's explore this property.

Amenities for Vela Park

Apartment Amenities

Balcony

Building

Cats OKClubhouse
Dogs OKFitness Studio
Game RoomResidents Lounge

Grounds

Grill Area
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

Dog Policy

Allowed
Limit2

Cat Policy

Allowed
Limit2

Questions about this property’s policies and fees?

Building details

Property details

Year built2025
Units326
Lease terms12–18 months
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About Vela Park

HomeApartments in AtlantaEast Lake Vela Park

Elevate your expectations with brand-new apartment living and townhomes in East Lake, Atlanta. Vela Park offers spacious living options with exclusive amenities, stylish finishes, and community perks. Choose from our studio, 1 or 2-bedroom apartment homes or, for those seeking a bit more space, the 2 and 3-bedroom townhomes are a perfect fit. Nestled near the heart of East Lake and just minutes from Decatur, our community places you in a vibrant, evolving neighborhood known for its local charm, tree-lined streets, and easy access to shops, dining, and green spaces. Enjoy proximity to East Lake Golf Club, Oakhurst Village, and downtown Decatur, where culture, cuisine, and convenience come together.


Year Built: 2025

Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.0
/10
Excellent
Vela Park is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Amenities and Location, which help to make this rental a great place to call home.
How we rated Vela Park
Price·7A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
While the monthly rent is more than the median price per bedroom of nearby properties, Vela Park has other amenities and features that might compensate for the increased price. The higher monthly rent potentially reflects a higher quality of living that renters might find here, compared to other properties in the area.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Vela Park stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Vela Park offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
Vela Park has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at Vela Park.
Trustworthiness·9A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Vela Park has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.

Vela Park is great for:

Pet owners

  • Outdoor spaces are available at this property

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 Vela Park compares to other nearby properties.

Positives

More space
The 3-bedroom is 328 sqft larger than other listings nearby
Middle school nearby
There is a middle school 1 mile away
More space
The 2-bedroom is 93 sqft larger than other listings nearby
Elementary school nearby
There is an elementary school 1 mile away
Images Available
There are at least 10 photos of this address
Outdoor space
Easy access to the outdoors

Considerations

Greater distance from high schools
The nearest high school is farther than 1 mile away

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Rent trends in East Lake

Studio apartments at Vela Park cost about 11% more than the average rent price for studios in East Lake.

1-bedroom apartments here are priced 7% higher than 1-bedrooms in East Lake.

If you decide to upgrade your space, you can expect 2-bedrooms at Vela Park to be 28% more than the average for similarly sized apartments in East Lake.

3-bedroom apartments at Vela Park cost about 27% more than the average rent price for 3-bedroom apartments in East Lake.

Median rents as of Jul 18 2026.
East Lake
Atlanta
A table of studio rental data trends in Atlanta
MonthMedian Rent
August 2024$1,526
September 2024$1,531
October 2024$1,488
November 2024$1,511
December 2024$1,548
January 2025$1,532
February 2025$1,513
March 2025$1,487
April 2025$1,515
May 2025$1,538
June 2025$1,561
July 2025$1,514
August 2025$1,508
September 2025$1,485
October 2025$1,506
November 2025$1,501
December 2025$1,501
January 2026$1,502
February 2026$1,514
March 2026$1,488
April 2026$1,478
May 2026$1,441
June 2026$1,449
July 2026$1,480
A table of studio rental data trends in East Lake
MonthMedian Rent
November 2025$1,492
December 2025$1,505
January 2026$1,571
February 2026$1,551
March 2026$1,424
April 2026$1,459
May 2026$1,445
June 2026$1,519
July 2026$1,516

Affordability calculator

Can I afford to live at 1881 Second Ave?

Bedrooms

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

$63,880/yr

With your selected rent-to-income ratio, you'd ideally want to make $63,880 annually to afford this studio median monthly rent price of $1,597.
For more information on rent affordability, visit our rent calculator.

Schools near Vela Park

Ronald E. McNair Discover Learning Academy

2162 second ave

decatur, GA, 30032

PK, K-5Public
C-

Whitefoord Early Learning Program

35 whitefoord ave

atlanta, GA, 30317

PKPublic

Barack H. Obama Elementary Magnet School of Technology

3132 clifton church rd se

atlanta, GA, 30316

PK, K-5Public
C-

Talley Street Elementary School

2617 talley st

decatur, GA, 30030

3-5Public
A

Uhs of Laurel Heights

934 briarcliff rd ne

atlanta, GA, 30306

2-11Public
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Internet available near Vela Park

Getting around Decatur near 1881 Second Ave

Walking

5/10
Some shops and stores are within a few minutes.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

4/10
This is semi-bikeable, but you’ll need another way of getting around.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 1881 Second Ave, Decatur

Groceries

8/10
Wide variety of groceries within a short drive, including some within walking distance

Shopping

3/10
Some shops within a short drive

Cafes

3/10
Some cafés within a short drive

Restaurants

5/10
Variety of restaurants within a short drive

Primary schools

7/10
At least one elementary school within a 15-minute walk

High schools

7/10
At least one high school within a 15-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

5/10
Variety of bars within a short drive

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