Cheap Apartments for Rent in the Downtown Atlanta Neighborhood of Atlanta, GA from $400 (100 Rentals)

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

Understanding Atlanta's Short-Term Rental Landscape: Everything You Need to Know

Discover the thriving short-term rental market in Atlanta from a local expert's perspective. Find flexible, move-in-ready housing options in Downtown, West Midtown, and more.

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505 Courtland
Rent Specials
$1,266 - $4,156
Total Monthly Price

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$1,266 - $4,156
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Studio to 3 Bedroom Apartments Available Now

505 Courtland

505 Courtland St NEAtlanta, GA 30308
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Victory At Summerhill
Rent Specials
$1,295 - $1,937
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$1,295 - $1,937
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$1,295 - $1,937
Studio to 2 Bedroom Apartments Available Now

Victory At Summerhill

100 Fulton St SEAtlanta, GA 30312
Student Housing
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Prato at Midtown
Rent Specials
$1,314 - $1,932
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$1,314 - $1,932
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Studio to 3 Bedroom Apartments Available Now

The Prato at Midtown

400 Central Park Pl NEAtlanta, GA 30308
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Townhouse Atlanta
Rent Specials
$1,320 - $2,686
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$1,320 - $2,686
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1 to 2 Bedroom Apartments Available Now

Townhouse Atlanta

450 Piedmont AveAtlanta, GA 30308
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Marchon
Rent Specials
$1,340 - $1,903
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$1,340 - $1,903
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Studio to 2 Bedroom Apartments Available Now

Marchon

Grant St SEAtlanta, GA 30312
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Exploring The World Outside Metro Atlanta: Local Suburbs You Will Want to Know About

Discover the best Atlanta suburbs for renting — more affordable options, larger yards, and family-friendly areas, all while commuting into the city.

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Pencil Factory Flats
Rent Specials
$1,380 - $2,993
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$1,380 - $2,993
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Studio to 2 Bedroom Apartments Available Now

Pencil Factory Flats

349 Decatur St SEAtlanta, GA 30312
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Muse ATL
Rent Specials
$1,401 - $2,561
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$1,401 - $2,561
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1 to 2 Bedroom Apartments Available Now

Muse ATL

300 Cityline Ave NEAtlanta, GA 30308
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Generation Atlanta
Rent Specials
$1,429 - $2,957
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$1,429 - $2,957
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Studio to 2 Bedroom Apartments Available Now

Generation Atlanta

369 Centennial Olympic Park Dr NWAtlanta, GA 30313
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Atlanta's Best Affordable Neighborhoods

Learn about Atlanta and the best places to live with original content written by our Atlanta, GA Local Expert Jan Boling

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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 $924. Capitol Gateway has the second lowest priced unit, which is a 1 Bed apartment currently listed from $989. 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$924
Capitol GatewayProvidence1BR,1BA$989
555 BoulevardS2WFStudio,1BA$1,073
The Vine at Ashley Scholars LandingVine 1A1BR,1BA$1,175
Northside PlazaThe Urban1BR,1BA$1,209
Victory At SummerhillS1Studio,1BA$1,295
Artist SquareDaVinci1BR,1BA$1,300
Townhouse AtlantaDeluxe1BR,1BA$1,320
Piedmont Pad ApartmentsThe Mercer II1BR,1BA$1,325
Muse's1 Bedroom1BR,1BA$1,325

Best Value Apartments for Rent in Downtown Atlanta, GA

As of July 30, 2026 the best value apartment in the Downtown Atlanta area is the $0.73 price per square foot 4 BEDROOM, 4 BATH CORNER Model at Reflection in the in the Centennial Place neighborhood starting from $1,099. The second greatest value Downtown Atlanta apartment is the Bostonian Model at Capitol Gateway starting at $1,990 with a $1.51 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.
Reflection4 BEDROOM, 4 BATH CORNER4BR,4BA$0.73
Capitol GatewayBostonian3BR,2BA$1.51
MC Kiser Lofts1x11BR,1BA$1.61
Ashley Auburn PointeA2.22BR,2BA$1.49
Ashley Scholars Landing IPhase I 2 Bedroom, 2 Bath2BR,2BA$1.17
InTown Lofts1 Bed 1 Bath 9761BR,1BA$1.60
Front Porch1B1BR,2BA$1.66
Pencil Factory FlatsA51BR,1BA$1.72
Muse's1 Bedroom1BR,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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 Atlanta, Atlanta, GA

Ranked #53

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 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 $1,325.

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 $924, while the average apartment in Downtown Atlanta costs $2,975.

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 184 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 $796 which is $2,179 cheaper than the average rent for all rentals in Downtown Atlanta.

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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Understanding Atlanta's Short-Term Rental Landscape: Everything You Need to Know

Written by: Brandie Parton

Hi ya’ll! I am Brandie, your local Atlanta, Georgia, expert with the ApartmentHomeLiving.com team.

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Everything You Should Know About Atlanta: A Local Expert's Guide to Renting in the ATL

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Hi there from the ATL! I’m Brandie, proud to serve as your ApartmentHomeLiving.com local expert for the Atlanta, Georgia area.

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

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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.

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Rent According to Income: A Look at Income-Restricted Rentals

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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