Cheap Apartments for Rent in the Downtown Athens Neighborhood of Athens, GA from $500 (62 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Athens area of Athens.

property at 639 Reese St

$975

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

639 Reese St

AthensGA30601
property at 323 The Plaza

$1,150

Studio To 1 Bedroom Rentals

Available Aug 1

323 The Plaza

AthensGA30606

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 1020 College Ave

$1,200

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

1020 College Ave

AthensGA30601

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 255 Bailey St

$1,500

2 Bedroom Rentals

Available Aug 1

255 Bailey St

AthensGA30605
property at 1055 Baxter St

$1,300 - $1,600

2 Bedroom Rentals

Available Now

1055 Baxter St

AthensGA30606
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Mi Casa Apartments
1 to 2 Bedroom Apartments

Mi Casa Apartments

112 E Cloverhurst AveAthens, GA 30605
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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425 Hill St
2 Bedroom Apartments

425 Hill St

425 Hill StAthens, GA 30601
  • Utilities Included
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Athens Highlands
2 Bedroom Apartments

Athens Highlands

537 4th StAthens, GA 30601
Student Housing
  • Utilities Included
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Cobbham Oaks Apartments
2 to 4 Bedroom Apartments

Cobbham Oaks Apartments

920 W Hancock AveAthens, GA 30606
Student Housing
  • Utilities Included
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Twenty35
2 Bedroom Apartments

Twenty35

480 S Milledge AveAthens, GA 30605

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 693 Boulevard

$1,200

1 Bedroom, 1 Bath Townhome for Rent

Available Jul 17

693 Boulevard

AthensGA30601
property at 172 Hart Ave

$1,200

2 Bedroom, 1 Bath Townhome for Rent

Available Aug 10

172 Hart Ave

AthensGA30606
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Pinewood
1 to 4 Bedroom Apartments

Pinewood

288 Bailey StAthens, GA 30605
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Mathis Apartments
Studio to 2 Bedroom Apartments

Mathis Apartments

1510 S Lumpkin StAthens, GA 30605
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 2

Downtown Athens, Athens, GA Local Guide

Cheapest Available Downtown Athens Apartments for Rent

 

The cheapest available apartment rental in the Downtown Athens area of Athens, GA is a 1 Bed unit found at The Hill Apartment Complex priced from $695. Farmer's Exchange Athens has the second lowest priced unit, which is a 3 Beds apartment currently listed from $761. Here are the most affordable Downtown Athens apartments for rent in Athens, GA:

Apartment ListingModel NameBed/BathPriced From
The Hill Apartment Complex1 Bedroom Remodeled1BR,1BA$695
Farmer's Exchange Athens3 Bed 2 Bath 2103BR,2BA$761
University GardenStudioStudio,1BA$838
Eclipse on BroadThe Flat4BR,4BA$885
Athens Highlands2Br/1Ba- 2nd Floor2BR,1BA$1,100
Georgia Green Townhome Apartments2 beds 1.5 baths2BR,1BA$1,250
PinewoodNoble3BR,1BA$1,273
Royal Springs Apartments2BR/1.0BA2BR,1BA$1,275

Best Value Apartments for Rent in Downtown Athens, GA

As of April 13, 2026 the best value apartment in the Downtown Athens area is the $0.80 price per square foot Campus Ridge Townhouse Model at Campus Ridge Apartments in the in the Eastside Athens neighborhood starting from $2,000. The second greatest value Downtown Athens apartment is the 2 Beds, 2.5 baths Model at Arch Street Condominiums starting at $1,695 with a $0.94 price per square foot in the Eastside Athens neighborhood. Here is today’s list of the best values for Downtown Athens apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Campus Ridge ApartmentsCampus Ridge Townhouse4BR,4BA$0.80
Arch Street Condominiums2 Beds, 2.5 baths2BR,2.5BA$0.94
Eclipse on BroadThe Townhome4BR,4.5BA$0.61
Flats at Carrs Hill3x3 Premium3BR,3BA$1.14
Downtown Athens Condos!2BR/2.0BA2BR,2BA$1.26
Georgia Green Townhome Apartments2 beds 1.5 baths2BR,1.5BA$1.20
Royal Springs Apartments2BR/1.0BA2BR,1BA$1.28
Athens Highlands2Br/1Ba- 2nd Floor2BR,1BA$1.22
The Lodge of Athens2x2 A - Deluxe2BR,2BA$1.10
The Hill Apartment Complex1 Bedroom Remodeled1BR,1BA$1.16

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Downtown Athens, Athens, GA

Ranked #21

Among cities in Georgia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you Lifestyle Ratings of neighborhoods, cities, and rental properties across Georgia and customized analysis for Central Athens, GA. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, kid and pet-friendly communities, availability of transit options, walking, and biking. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Downtown Athens Apartments

What is a cheap apartment in Downtown Athens?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Athens is under $1,275.

What is the price of a cheap apartment in Downtown Athens?

The cheapest apartment in Downtown Athens is The Hill Apartment Complex which is listed at $695, while the average apartment in Downtown Athens costs $1,760.

What types of apartments are the cheapest in Downtown Athens?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 69 regular apartments in Downtown Athens that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown Athens?

Cheap apartments in Downtown Athens have an average cost of $837 which is $923 cheaper than the average rent for all rentals in Downtown Athens.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.