-
Monthly Rent
$2,225 - $5,300
-
Bedrooms
Studio - 4 bd
-
Bathrooms
1 - 3.5 ba
-
Square Feet
497 - 1,684 sq ft
Highlights
- New Construction
- Deck
- Spa
- Grill
Pricing & Floor Plans
Check Back Soon for Upcoming Availability
| Beds | Baths | Average SF | Availability |
|---|---|---|---|
| Studio Studio 0 Br | 1 Bath 1 Bath 1 Ba | 551 SF | Not Available |
| 1 Bedroom 1 Bedroom 1 Br | 1 Bath 1 Bath 1 Ba | 763 SF | Not Available |
| 2 Bedrooms 2 Bedrooms 2 Br | 1 Bath 1 Bath 1 Ba | 1,195 SF | Not Available |
| 2 Bedrooms 2 Bedrooms 2 Br | 2.5 Baths 2.5 Baths 2.5 Ba | 1,305 SF | Not Available |
| 3 Bedrooms 3 Bedrooms 3 Br | 2.5 Baths 2.5 Baths 2.5 Ba | 1,442 SF | Not Available |
| 4 Bedrooms 4 Bedrooms 4 Br | 3.5 Baths 3.5 Baths 3.5 Ba | 1,684 SF | Not Available |
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.
-
Utilities & Essentials
-
Trash Services - DoorstepAmount for doorstep trash removal from rental home. Charged per unit.$25 / mo
-
Pest Control ServicesAmount for pest control services. Charged per unit.$3 / mo
-
Utility - Billing Administrative FeeAmount to manage utility services billing. Charged per unit.$6 / mo
-
Internet ServicesAmount for internet services provided by community. Charged per unit.$91 / mo
-
Renters Liability Insurance - Third PartyAmount for renters liability insurance obtained through resident's provider of choice. Charged per unit. Payable to 3rd Party
Disclaimer: Price varies based on amount of coverage.Varies / mo -
Utility - Water/SewerUsage-Based (Utilities).Amount for provision and/or consumption of water and sewer services Charged per unit.Varies / mo
-
Utility - Electric - Third PartyUsage-Based (Utilities).Amount for provision and consumption of electric paid to a third party. Charged per unit. Payable to 3rd PartyVaries / mo
-
-
One-Time Basics
-
Due at Application
-
Application FeeAmount to process application, initiate screening, and take a rental home off the market. Charged per applicant.$35
-
-
Due at Move-In
-
Community Amenity FeeAmount for community amenity use and services. Charged per unit.$1,000
-
Utility - New Account FeeAmount to establish utility services. Charged per unit.$17
-
-
Due at Move-Out
-
Utility - Final Bill FeeAmount billed to calculate final utility statement. Charged per unit.$17
-
-
Due at Application
-
Dogs
Max of 2
-
Cats
Max of 2
-
Pet Fees
-
Pet RentMax of 1. Monthly amount for authorized pet. Charged per pet.$50 / mo
-
Pet FeeMax of 1. Amount to facilitate authorized pet move-in. Charged per pet.$400 / occurrence
-
-
Parking - ReservedMax of 1. Amount for reserved parking space/services. May be subject to availability. Charged per rentable item.$150 / mo
-
Storage Unit
-
Storage FeeMax of 1. Amount for usage of optional storage space. May be subject to availability. Charged per rentable item.
Disclaimer: Price varies based on floor plan type/size.$75 - $200 / mo
-
-
Common Area/Clubhouse RentalAmount to rent a shared common area space, including clubhouse. May be subject to availability. Charged per unit.
Disclaimer: Price varies based on event type.Varies / occurrence -
Guest Suite RentalAmount to rent guest suite; per night. May be subject to availability. Charged per unit.$250 / day
-
Access Device - ReplacementAmount to obtain a replacement access device for community; fobs, keys, remotes, access passes. Charged per unit.$100 / occurrence
-
Trash Container - ReplacementAmount to replace trash/waste container. Charged per unit.$25 / occurrence
-
Returned Payment Fee (NSF)Amount for returned payment. Charged per unit.$35 / occurrence
-
Intra-Community Transfer FeeAmount due when transferring to another rental unit within community. Charged per unit.$500 / occurrence
-
Early Lease Termination/CancellationAmount to terminate lease earlier than lease end date; excludes rent and other charges. Charged per unit.200% of base rent / occurrence
-
Insufficient Move-Out Notice FeeAmount for not providing notice to move-out as required by lease. Charged per unit.
Disclaimer: Price varies based on date and/or time.Varies / occurrence -
Renters Liability Only - Non-ComplianceAmount for not maintaining required Renters Liability Policy. Charged per unit.$15 / occurrence
-
Lease Violation - TrashAmount for violation of waste-related community policies. Charged per unit.$35 / occurrence
-
Utility - Vacant Processing FeeAmount for failing to transfer utilities into resident name. Charged per unit.$50 / occurrence
-
Month-to-Month FeeAmount, in addition to base rent, for a month-to-month lease. Charged per unit.$600 / occurrence
-
Late FeeAmount for paying after rent due date; per terms of lease. Charged per unit.9.99% of base rent / occurrence
-
Legal/Eviction FeesAmount for legal expenses incurred for lease violations. Charged per unit.
Disclaimer: Price varies based on legal expenses.Varies / occurrence
Property Fee Disclaimer: Total Monthly Leasing Price includes base rent, all monthly mandatory and any user-selected optional fees. Excludes variable, usage-based, and required charges due at or prior to move-in or at move-out. Security Deposit may change based on screening results, but total will not exceed legal maximums. Some items may be taxed under applicable law. Some fees may not apply to rental homes subject to an affordable program. All fees are subject to application and/or lease terms. Prices and availability subject to change. Resident is responsible for damages beyond ordinary wear and tear. Resident may need to maintain insurance and to activate and maintain utility services, including but not limited to electricity, water, gas, and internet, per the lease. Additional fees may apply as detailed in the application and/or lease agreement, which can be requested prior to applying. Pets: Pet breed and other pet restrictions apply. Rentable Items: All Parking, storage, and other rentable items are subject to availability. Final pricing and availability will be determined during lease agreement. See Leasing Agent for details.
Details
Lease Options
-
12 - 18 Month Leases
Property Information
-
Built in 2026
-
175 units/2 stories
The Penny is an apartment community located in Anne Arundel County and the 21401 ZIP Code. This area is served by the Anne Arundel County Public Schools attendance zone.
Unique Features
- Air Conditioning and Heat
- Building-Wide High-Speed Internet
- Club House
- Courtyard with BBQ Grills
- Co-working lounge
- Game Room
- GE Stainless Steel Refrigerator
- Luxury Vinyl Flooring
- On-site Maintenance
- Private Patio or Balcony
- Quartz Kitchen Countertops
- Sky Deck
- Smart Home Technology
- Sweeping Mountain Views
- Swimming Pool
- Washer & Dryer
Community Amenities
Fitness Center
Playground
Grill
Lounge
- Lounge
- Fitness Center
- Spa
- Playground
- Courtyard
- Grill
Apartment Features
- Dishwasher
- Stainless Steel Appliances
- Deck
Situated in Anne Arundel County, the charming neighborhood of Parole is wedged between the Severn and South Rivers, encompassed by a plethora of shopping destinations like Annapolis Town Center, Westfield Annapolis Mall, and Annapolis Harbour Center. Surrounding these retail centers are tons of great restaurants, such as Maggiano’s Little Italy and P.F. Chang’s. Near the marinas, you’ll find the Yellowfin Steak and Fish House restaurant – which is popular with the locals. Parole is just four miles from Annapolis landmarks and attractions, including the Mitchell Art Gallery, Maryland State House, and the United States Naval Academy.
Learn more about living in ParoleCompare neighborhood and city base rent averages by bedroom.
| Parole | Annapolis, MD | |
|---|---|---|
| Studio | $2,051 | $1,997 |
| 1 Bedroom | $2,294 | $2,118 |
| 2 Bedrooms | $2,796 | $2,408 |
| 3 Bedrooms | $3,470 | $2,818 |
- Lounge
- Courtyard
- Grill
- Fitness Center
- Spa
- Playground
- Air Conditioning and Heat
- Building-Wide High-Speed Internet
- Club House
- Courtyard with BBQ Grills
- Co-working lounge
- Game Room
- GE Stainless Steel Refrigerator
- Luxury Vinyl Flooring
- On-site Maintenance
- Private Patio or Balcony
- Quartz Kitchen Countertops
- Sky Deck
- Smart Home Technology
- Sweeping Mountain Views
- Swimming Pool
- Washer & Dryer
- Dishwasher
- Stainless Steel Appliances
- Deck
| Monday | 10am - 6pm |
|---|---|
| Tuesday | 10am - 6pm |
| Wednesday | 10am - 6pm |
| Thursday | 10am - 6pm |
| Friday | 10am - 6pm |
| Saturday | 10am - 6pm |
| Sunday | 10am - 6pm |
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 9 min | 3.9 mi | |
| Drive: | 12 min | 7.6 mi | |
| Drive: | 25 min | 16.8 mi | |
| Drive: | 30 min | 21.3 mi |
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2026. All rights reserved.
The Penny Photos
-
The Penny
-
-
-
-
-
-
-
-
Nearby Apartments
Within 50 Miles of The Penny
-
The Frank
2500 Insulator Dr
Baltimore, MD 21230
$2,226 - $4,786 Total Monthly Price
1-3 Br 19.7 mi
-
The Quill by Alta
1900 S Hanover St
Baltimore, MD 21230
$1,871 - $3,927 Total Monthly Price
1-3 Br 20.2 mi
-
Union Heights
1676 Maryland Ave NE
Washington, DC 20002
$1,489 - $2,650 Total Monthly Price
1-2 Br 24.3 mi
-
The Glade on Laurel
6830-6896 Laurel St NW
Washington, DC 20012
$1,510 - $3,798 Total Monthly Price
1-2 Br 25.4 mi
-
Vermeer
113 Potomac Ave SW
Washington, DC 20024
$2,353 - $10,506 Total Monthly Price
1-3 Br 26.4 mi
-
Annex on 12th
300 12th St SW
Washington, DC 20024
$2,313 - $10,972 Total Monthly Price
1-3 Br 26.9 mi
The Penny does not offer in-unit laundry or shared facilities. Please contact the property to learn about nearby laundry options.
Utilities are not included in rent. Residents should plan to set up and pay for all services separately.
Contact this property for parking details.
Yes, The Penny welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.
A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $2,225 for a studio, you would need to earn about $89,000 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.
The Penny is not currently offering any rent specials. Check back soon, as promotions change frequently.
While The Penny does not offer Matterport 3D tours, renters can request a tour directly through our online platform.
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources.
Property Manager Responded