Cheap Apartments for Rent in the Bankhead Neighborhood of Atlanta, GA from $400 (99 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Bankhead area of Atlanta.

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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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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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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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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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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Bankhead, Atlanta, GA Local Guide

Cheapest Available Bankhead Apartments for Rent

 

The cheapest available apartment rental in the Bankhead area of Atlanta, GA is a 1 Bed unit found at The Villages of Castleberry I&II priced from $881. Ashley Collegetown has the second lowest priced unit, which is a 1 Bed apartment currently listed from $897. Here are the most affordable Bankhead apartments for rent in Atlanta, GA:

Apartment ListingModel NameBed/BathPriced From
The Villages of Castleberry I&IIThe Alder1BR,1BA$881
Ashley CollegetownThe Allegro1BR,1BA$897
Mechanicsville Family Apartments1 Bed, 1 bath1BR,1BA$999
Gardens at Washington Park 11 Bedroom, 1 Bathroom1BR,1BA$1,003
Parkside at Quarry Yards1 Bedroom1BR,1BA$1,007
Inspire2x2 Bunk Balcony2BR,2BA$1,024
Dwell at HollywoodHolly 2x12BR,1BA$1,049
Heritage Pointe1 Bed, 1 bath1BR,1BA$1,050
166 Anderson Ave NW3 Beds, 1 bath3BR,1BA$1,050

Best Value Apartments for Rent in Bankhead, GA

As of December 13, 2025 the best value apartment in the Bankhead area is the $0.41 price per square foot 164 Chicamauga Ave SW Model at 164 Chicamauga Ave SW, Unit 1 Bed in the in the Vine City neighborhood starting from $850. The second greatest value Bankhead apartment is the 3 Bedroom Model at Parkside at Quarry Yards starting at $1,387 with a $1.23 price per square foot in the Vine City neighborhood. Here is today’s list of the best values for Bankhead apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
164 Chicamauga Ave SW, Unit 1 Bed164 Chicamauga Ave SW1BR,1BA$0.41
Parkside at Quarry Yards3 Bedroom3BR,2BA$1.23
City PlazaGeorgian2BR,2BA$1.50
City Line Flats3 BR/2 BA3BR,2BA$1.58
Dwell at HollywoodHolly 2x1WD2BR,1BA$1.22
Westmar Student Lofts2BR/2BA - Elite Tech2BR,2BA$1.12
Ashley CollegetownThe Allegro1BR,1BA$1.12
Mechanicsville Family Apartments1 Bed, 1 bath1BR,1BA$1.33
The Villages of Castleberry I&IIThe Alder1BR,1BA$1.24
Westview LoftsLux Loft1BR,1BA$1.57

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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Commute Less, Live More: Top Neighborhoods Near Atlanta's Biggest Companies

Find your ideal Atlanta apartment! This guide explores top neighborhoods like Midtown, Vinings, and Brookhaven, and matches them to the city's biggest employers to help you with your next move.

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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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A Local Expert's Guide to the Top Student Friendly Neighborhoods to Rent Near Colleges in Atlanta

A Local Expert's Guide to The 10 Best Affordable Neighborhoods in the Atlanta, GA metro area for affordable living. Find your perfect Atlanta apartment, condo, or rental home today at ApartmentHomeliving.com

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Quick Rent Budget Calculator

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
Bankhead, Atlanta, GA

Ranked #62

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Bankhead, Atlanta, GA

School data provided by Great Schools

Lifestyle Ratings

This website works hard to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Bankhead, Atlanta, and the greater Atlanta area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, transit availability, pet-friendly communities, family-friendliness, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Bankhead Neighborhood in Atlanta, GA

Walk Score®

49 / 100

Car-Dependent

Most errands require a car

Bike Score®

40 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

50 / 100

Good Transit

Many nearby public transportation options

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.

Frequently Asked Questions about Cheap Bankhead Apartments

What is a cheap apartment in Bankhead?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Bankhead is under $1,050.

What is the price of a cheap apartment in Bankhead?

The cheapest apartment in Bankhead is The Villages of Castleberry I&II which is listed at $881, while the average apartment in Bankhead costs $2,297.

What types of apartments are the cheapest in Bankhead?

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 358 regular apartments in Bankhead 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 Bankhead?

Cheap apartments in Bankhead have an average cost of $834 which is $1,463 cheaper than the average rent for all rentals in Bankhead.

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.

Helpful Local Expert Guides

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An Atlanta Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in the Atlanta Area

Written by: Jan Boling

Atlanta, Georgia is a large, modern city with many neighborhoods that welcome both newcomers and natives.

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Top Student Friendly Neighborhoods to Rent Near Colleges in Atlanta

Written by: Brandie Parton

As a member of the Apartment Home Living team, I am honored to share all I know about the fabulous city that I affectionately call ATL.

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Commute Less, Live More: Top Neighborhoods Near Atlanta's Biggest Companies

Written by: Brandie Parton

Hi there, I am Brandie Parton, your ApartmentHomeLiving.com Local Expert for Atlanta, GA. I love this bustling city that never seems to quit, rest, or become boring.

Articles, How-To's, and Tips

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Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.