Zumper
modified
7 Hours Ago

Highlights

  • New Construction
  • Pet Friendly

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

Leasing office

Open 

Wednesday 9:00 am–6:00 pm ET

Property Overview

Vela Park has received a strong Zumper expert rating of 7.9, indicating it is a desirable rental option. With competitive pricing and impressive amenities and location ratings of 9 out of 10, it offers significant value and convenience. The property stands out for its transparency and trustworthiness, further enhanced by ample visual representation through 50 photos, and is well-suited for renters who value pet-friendly outdoor spaces.

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

7.9
Very Good
Vela Park is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • More space
  • Middle school nearby
  • Elementary school nearby

Great for

  • Pet owners

Floor plans

S1Studio1 bath522 sqft$1,595–$1,615 /mo7 units availableStudio, 1 Shower, w/ Balcony
S1AStudio1 bath540 sqft$1,633–$1,650 /mo10 units availableStudio, 1 Shower, w/o Balcony
S2Studio1 bath597 sqft$1,834–$1,844 /mo2 units availableJr 1 BR, 1 Bath (Tub) Apartment w/ Balcony
A1-HC1 bed1 bath708 sqft$1,855–$1,875 /mo2 units available1 BR, 1 Bath Handicap Apartment w/ Balcony
A11 bed1 bath708 sqft$1,858–$1,875 /mo10 units available1 BR, 1 Bath (Shower) Apartment w/ Balcony
A1A1 bed1 bath708 sqft$1,870–$1,880 /mo2 units available1 BR, 1 Bath (Tub) Apartment w/ Balcony
A1B1 bed1 bath732 sqft$1,871 /mo1 unit available1 BR, 1 Bath (Shower) Apartment w/o Balcony
A21 bed1 bath819 sqft$2,160–$2,170 /mo4 units available1 BR + Den, 1 Bath (Shower) Apartment w/ Balcony (Corner)
A2A1 bed1 bath834 sqft$2,248–$2,255 /mo1 BR + Den, 1 Bath (Tub) Apartment w/ Balcony (Corner)
A31 bed1 bath876 sqft$2,253–$2,260 /mo1 BR + Den, 1 Bath (Shower) Apartment w/ Balcony
B12 bed2 bath1,031 sqft$2,350–$2,385 /mo2 BR, 2 Bath w/ Balcony (Inline)
B1-HC2 bed2 bath1,031 sqft$2,380 /mo2 units available2 BR, 2 Bath Handicap w/ Balcony (Inline)
B22 bed2 bath1,109 sqft$2,555–$2,580 /mo9 units available2 BR, 2 Bath w/ Balcony (Corner)
TH-B12 bed2.5 bath1,325 sqft$2,951–$2,996 /mo2 BR, 2.5 Bath Two-Story Townhome; two-car garage; ground floor stoop
TH-C13 bed2.5 bath1,498 sqft$3,521–$3,660 /mo2 units available3 BR, 2.5 Bath Two-Story Townhome; two-car garage; ground floor stoop; elevated balcony
TH-C23 bed3.5 bath1,879 sqft$3,871 /mo3 units available3 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
Residents 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

- Studio, 1 Shower, w/ Balcony- Studio, 1 Shower, w/o Balcony- Jr 1 BR, 1 Bath (Tub) Apartment w/ Balcony- 1 BR, 1 Bath Handicap Apartment w/ Balcony- 1 BR, 1 Bath (Shower) Apartment w/ Balcony- 1 BR, 1 Bath (Tub) Apartment w/ Balcony- 1 BR, 1 Bath (Shower) Apartment w/o Balcony- 1 BR + Den, 1 Bath (Shower) Apartment w/ Balcony (Corner)- 1 BR + Den, 1 Bath (Tub) Apartment w/ Balcony (Corner)- 1 BR + Den, 1 Bath (Shower) Apartment w/ Balcony- 2 BR, 2 Bath w/ Balcony (Inline)- 2 BR, 2 Bath Handicap w/ Balcony (Inline)- 2 BR, 2 Bath w/ Balcony (Corner)- 2 BR, 2.5 Bath Two-Story Townhome; two-car garage; ground floor stoop- 3 BR, 2.5 Bath Two-Story Townhome; two-car garage; ground floor stoop; elevated balcony- 3 BR, 3.5 Bath Three-Story Townhome; two-car garage; ground floor stoop; elevated balcony


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.
7.9
/10
Very Good
Vela Park is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
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·9A 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 goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, Vela Park receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Vela Park is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·7A 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.
While it may not have as many distinctive features as similar properties in the surrounding area, renters can trust Vela Park to provide reasonable accomodations and accurate details about its community.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

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 2-bedroom is 93 sqft larger than other listings nearby
More space
The 3-bedroom is 488 sqft larger than other listings nearby
Middle school nearby
There is a middle school 1 mile away
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 6% more than the average rent price for studios in East Lake.

1-bedroom apartments here are priced 10% higher than 1-bedrooms in East Lake.

If you decide to upgrade your space, you can expect 2-bedrooms at Vela Park to be 36% more than the average for similarly sized apartments in East Lake.

3-bedroom apartments at Vela Park cost about 32% more than the average rent price for 3-bedroom apartments in East Lake.

Median rents as of Jan 17 2026.
East Lake
Atlanta
A table of studio rental data trends in Atlanta
MonthMedian Rent
February 2024$1,537
March 2024$1,556
April 2024$1,574
May 2024$1,560
June 2024$1,551
July 2024$1,513
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$1,491
A table of studio rental data trends in East Lake
MonthMedian Rent
February 2024$1,351
March 2024$1,361
April 2024$1,363
May 2024$1,367
June 2024$1,362
July 2024$1,374
November 2025$1,492
December 2025$1,505
January 2026$1,540

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

$65,320/yr

With your selected rent-to-income ratio, you'd ideally want to make $65,320 annually to afford this studio median monthly rent price of $1,633.
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-

Uhs of Laurel Heights

934 briarcliff rd ne

atlanta, GA, 30306

2-11Public

Robert Shaw Traditional Theme School

385 glendale rd

scottdale, GA, 30079

PK, K-5Public
B

Coralwood Education Center

2477 coralwood dr

decatur, GA, 30033

PK, KPublic
B

Margaret Harris Comprehensive School

1634 knob hill dr ne

atlanta, GA, 30329

K-12Public
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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
At least one grocery store within a 15-minute walk

Shopping

4/10
Some shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

4/10
Some restaurants within walking distance

Primary schools

7/10
At least one elementary school within a 20-minute walk

High schools

7/10
At least one high school within a 20-minute walk

Parks

7/10
Moderate amount of park space nearby

Nightlife

2/10
Few or no bars within walking distance

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