Cheap Apartments for Rent in the Downtown Atlanta Neighborhood of Atlanta, GA from $400 (63 Rentals)

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

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The Prato at Midtown
Rent Specials
$1,108 - $2,745
Total Monthly Price

Total Monthly Price

Base Rent
$1,039 - $2,676
Required Monthly Fees
$69

Total Monthly Price
$1,108 - $2,745
Studio to 3 Bedroom Apartments Available Now

The Prato at Midtown

400 Central Park Pl NEAtlanta, GA 30308
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Lofts at Centennial Yards South
$1,134 - $2,452
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $2,418
Required Monthly Fees
$34

Total Monthly Price
$1,134 - $2,452
Studio to 2 Bedroom Apartments Available Now

Lofts at Centennial Yards South

125 Ted Turner Dr SWAtlanta, GA 30303
Affordability
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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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Centennial Place
$1,216 - $3,063
Total Monthly Price

Total Monthly Price

Base Rent
$1,191 - $3,038
Required Monthly Fees
$25

Total Monthly Price
$1,216 - $3,063
1 to 3 Bedroom Apartments Available Now

Centennial Place

526 NW Centennial Olympic Park DrAtlanta, GA 30313
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131 Ponce
Rent Specials
$1,218 - $2,561
Total Monthly Price

Total Monthly Price

Base Rent
$1,066 - $2,409
Required Monthly Fees
$152

Total Monthly Price
$1,218 - $2,561
Studio to 2 Bedroom Apartments Available Now

131 Ponce

131 Ponce de Leon Ave NEAtlanta, GA 30308
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Victory At Summerhill
Rent Specials
$1,273 - $2,077
Total Monthly Price

Total Monthly Price

Base Rent
$1,175 - $1,979
Required Monthly Fees
$98

Total Monthly Price
$1,273 - $2,077
Studio to 2 Bedroom Apartments Available Now

Victory At Summerhill

100 Fulton St SEAtlanta, GA 30312
Student Housing
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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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Skyline ATL
$1,317 - $5,297
Total Monthly Price

Total Monthly Price

Base Rent
$1,174 - $5,154
Required Monthly Fees
$143

Total Monthly Price
$1,317 - $5,297
1 to 2 Bedroom Apartments Available Now

Skyline ATL

396 Piedmont Ave NEAtlanta, GA 30308
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The Lookout O4W
Rent Specials
$1,338 - $2,165
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $2,027
Required Monthly Fees
$138

Total Monthly Price
$1,338 - $2,165
Studio to 2 Bedroom Apartments Available Now

The Lookout O4W

180 Jackson St NEAtlanta, GA 30312
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Pencil Factory Flats
Rent Specials
$1,405 - $2,935
Total Monthly Price

Total Monthly Price

Base Rent
$1,245 - $2,775
Required Monthly Fees
$160

Total Monthly Price
$1,405 - $2,935
Studio to 3 Bedroom Apartments Available Now

Pencil Factory Flats

349 Decatur St SEAtlanta, GA 30312
Corporate Housing
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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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Marchon
Rent Specials
$1,420 - $2,309
Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $2,189
Required Monthly Fees
$120

Total Monthly Price
$1,420 - $2,309
Studio to 2 Bedroom Apartments Available Now

Marchon

Grant St SEAtlanta, GA 30312
Student Housing
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Generation Atlanta
Rent Specials
$1,429 - $2,875
Total Monthly Price

Total Monthly Price

Base Rent
$1,293 - $2,739
Required Monthly Fees
$136

Total Monthly Price
$1,429 - $2,875
Studio to 2 Bedroom Apartments Available Now

Generation Atlanta

369 Centennial Olympic Park Dr NWAtlanta, GA 30313
Luxury
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Modera Westside Trail
$1,435 - $3,650
Total Monthly Price

Total Monthly Price

Base Rent
$1,312 - $3,527
Required Monthly Fees
$123

Total Monthly Price
$1,435 - $3,650
Studio to 3 Bedroom Apartments Available Now

Modera Westside Trail

576 North Ave NWAtlanta, GA 30332
Student Housing
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Piedmont Pad Apartments
Rent Specials
$1,440 - $2,295
Total Monthly Price

Total Monthly Price

Base Rent
$1,260 - $2,115
Required Monthly Fees
$180

Total Monthly Price
$1,440 - $2,295
1 to 2 Bedroom Apartments Available Now

Piedmont Pad Apartments

171 Auburn Ave NEAtlanta, GA 30303
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Townhouse Atlanta
Rent Specials
$1,478 - $2,181
Total Monthly Price

Total Monthly Price

Base Rent
$1,461 - $2,164
Required Monthly Fees
$17

Total Monthly Price
$1,478 - $2,181
1 to 2 Bedroom Apartments Available Now

Townhouse Atlanta

450 Piedmont AveAtlanta, GA 30308
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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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274 Boulevard
Studio Apartments

274 Boulevard

444 Highland AveAtlanta, GA 30312
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Villa at the Dome
1 to 4 Bedroom Apartments

Villa at the Dome

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

Mechanicsville Station

525 Fulton St SWAtlanta, GA 30312
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Inspire
Studio to 5 Bedroom Apartments

Inspire

564 Centennial Olympic Park Dr NWAtlanta, GA 30313
Student Housing
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600 Parkway Dr NE
1 to 3 Bedroom Apartments

600 Parkway Dr NE

600 Parkway Dr NEAtlanta, GA 30308

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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 2 Beds unit found at The Villages of Castleberry I&II priced from $890. Ashley Scholars Landing has the second lowest priced unit, which is a Studio apartment currently listed from $975. Here are the most affordable Downtown Atlanta apartments for rent in Atlanta, GA:

Apartment ListingModel NameBed/BathPriced From
The Villages of Castleberry I&IIThe Edleberg2BR,2BA$890
Ashley Scholars LandingStudio - Phase IStudio,1BA$975
Inspire2x2 Bunk Balcony2BR,2BA$1,049
Revival LoftsBarnes Studio,1BA$1,073
The Prato at Midtown1x1C Renovated1BR,1BA$1,150
Ashley Auburn PointeA1.11BR,1BA$1,160
Northside PlazaThe Cityview1BR,1BA$1,169
Westley on the BeltlineSStudio,1BA$1,215
Centennial PlaceThe Columbus1BR,1BA$1,216
Capitol GatewayProvidence1BR,1BA$1,217

Best Value Apartments for Rent in Downtown Atlanta, GA

As of March 02, 2026 the best value apartment in the Downtown Atlanta area is the $1.73 price per square foot 609 McGill Park Ave NE Model at 609 McGill Park Ave NE in the in the Little Five Points neighborhood starting from $2,450. The second greatest value Downtown Atlanta apartment is the A3 Model at Ashley Auburn Pointe starting at $2,037 with a $1.59 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.
609 McGill Park Ave NE609 McGill Park Ave NE2BR,2BA$1.73
Ashley Auburn PointeA33BR,2BA$1.59
384 Sunset Ave NW, Unit 4384 Sunset Ave NW2BR,1BA$1.13
InTown Lofts2 Bed 2 Bath H2BR,2BA$1.61
City PlazaGeorgian2BR,2BA$1.50
Front Porch1B1BR,2BA$1.66
The Waterford on PiedmontMetropolitan1BR,1BA$1.70
Skyline ATLThe Buckhead1BR,1BA$1.61
The Atlantic North HighlandGeorgian - A1B1BR,1BA$1.68
The Villages of Castleberry I&IIThe Alder1BR,1BA$1.30

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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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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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
Downtown Atlanta, Atlanta, GA

Ranked #50

Among cities in Georgia 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 the Cheapest Studio apartment in Downtown Atlanta?

Currently the most affordable Cheap Studio Apartment in Downtown Atlanta is at Ashley Scholars Landing listed at $975.

How much is rent for a Cheap One Bedroom Downtown Atlanta Apartment?

The lowest price for a Cheap One Bedroom Downtown Atlanta Apartment is $924 at The Villages of Castleberry I&II.

What is the lowest price for a Cheap Two Bedroom Downtown Atlanta Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Atlanta is starting from $890 at The Villages of Castleberry I&II.

What is the most affordable Downtown Atlanta Three Bedroom Apartment?

The best deal on a cheap Downtown Atlanta Three Bedroom Apartment rental is at Capitol Gateway and starts from $1,710.

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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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.

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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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

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.