Cheap Apartments for Rent in the Downtown Atlanta Neighborhood of Atlanta, GA from $400 (29 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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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UNITY PLACE
1 to 4 Bedroom Apartments

UNITY PLACE

744 North Ave NWAtlanta, GA 30318
Military

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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Villa at the Dome
3 Bedroom Apartments

Villa at the Dome

515 Rhodes St NWAtlanta, GA 30314
  • Utilities Included
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Mechanicsville Station
1 to 3 Bedroom Apartments

Mechanicsville Station

525 Fulton St SWAtlanta, GA 30312
  • Utilities Included

Top Neighborhoods Near Atlanta Colleges and Universities

Learn about the best Atlanta neighborhoods for student renters by our Local Expert Brandie Parton

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396 Rawson St
1 to 2 Bedroom Apartments

396 Rawson St

396 Rawson StAtlanta, GA 30312
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700 Neal St
2 Bedroom Apartments

700 Neal St

700 Neal StAtlanta, GA 30318

Downtown Atlanta, Atlanta, GA Local Guide

Cheapest Available Downtown Atlanta Apartments for Rent

 

The cheapest available apartment rental in the Downtown Atlanta area of Atlanta, GA is a 1 Bed unit found at The Villages of Castleberry I&II priced from $841. Mechanicsville Family Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Downtown Atlanta apartments for rent in Atlanta, GA:

Apartment ListingModel NameBed/BathPriced From
The Villages of Castleberry I&IIThe Alder1BR,1BA$841
Mechanicsville Family Apartments1 Bed, 1 bath1BR,1BA$999
The Legacy at CentennialFulham 3 Premium - 5x55BR,5BA$1,019
InTown Lofts1 Bed 1 Bath B1BR,1BA$1,045
The Vine at Ashley Scholars Landing0A - EfficiencyStudio,1BA$1,100
The Prato at Midtown1x1A Renovated1BR,1BA$1,134
Revival LoftsBarnes - StudioStudio,1BA$1,150
Capitol GatewayProvidence1BR,1BA$1,163
McAuley Station1 Bedroom1BR,1BA$1,182
Northside PlazaThe Urban1BR,1BA$1,203

Best Value Apartments for Rent in Downtown Atlanta, GA

As of June 22, 2025 the best value apartment in the Downtown Atlanta area is the $1.11 price per square foot 2B Model at Front Porch in the in the Little Five Points neighborhood starting from $1,440. The second greatest value Downtown Atlanta apartment is the A3 Model at Ashley Auburn Pointe starting at $1,956 with a $1.52 price per square foot in the Little Five Points neighborhood. Here is today’s list of the best values for Downtown Atlanta apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Front Porch2B1BR,1BA$1.11
Ashley Auburn PointeA33BR,2BA$1.52
Artist SquareMapplethorpe2BR,2BA$1.57
InTown Lofts2 Bed 2 Bath H2BR,2BA$1.61
Auburn GlennInman Park2BR,2BA$1.37
City PlazaGeorgian2BR,2BA$1.50
Skyline ATLThe Buckhead1BR,1BA$1.49
Mechanicsville Family Apartments1 Bed, 1 bath1BR,1BA$1.33
Capitol GatewayProvidence1BR,1BA$1.57
The Villages of Castleberry I&IIThe Alder1BR,1BA$1.18

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Pet Friendly Lifestyle
Downtown Atlanta, Atlanta, GA

Ranked #162

Among neighborhoods in Atlanta, GA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, areas, and rental properties across Georgia, including Atlanta. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and easy access to the parks, transit availability, pet-friendly communities, features that make it easier to raise kids, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Downtown Atlanta Apartments

What is a cheap apartment in Downtown Atlanta?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Atlanta is under $1,203.

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

The cheapest apartment in Downtown Atlanta is The Villages of Castleberry I&II which is listed at $841, while the average apartment in Downtown Atlanta costs $2,000.

What types of apartments are the cheapest in Downtown Atlanta?

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 140 regular apartments in Downtown Atlanta 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 Atlanta?

Cheap apartments in Downtown Atlanta have an average cost of $616 which is $1,384 cheaper than the average rent for all rentals in Downtown Atlanta.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.