Cheap Apartments for Rent in the Downtown Atlanta Neighborhood of Atlanta, GA from $400 (111 Rentals)

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

property at 700 Neal St NW

$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

700 Neal St NW

AtlantaGA30318
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The Prato at Midtown
Rent Specials
$1,102 - $1,862
Total Monthly Price

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$1,102 - $1,862

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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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property at 710 North Ave NW

$1,145 - $1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,145 - $1,295

Total Monthly Price
$1,145 - $1,295

2 Bedroom, 1 Bath Condo for Rent

Available Now

710 North Ave NW

AtlantaGA30318

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.

property at 20 Griffin St NW

$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

20 Griffin St NW

AtlantaGA30314
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Townhouse Atlanta
Rent Specials
$1,246 - $2,259
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$1,246 - $2,259

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1 to 2 Bedroom Apartments Available Now

Townhouse Atlanta

450 Piedmont AveAtlanta, GA 30308
Student Housing
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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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Victory At Summerhill
Rent Specials
$1,330 - $2,155
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Total Monthly Price

Base Rent
$1,330 - $2,155

Total Monthly Price
$1,330 - $2,155
Studio to 2 Bedroom Apartments Available Now

Victory At Summerhill

100 Fulton St SEAtlanta, GA 30312
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Generation Atlanta
Rent Specials
$1,389 - $2,835
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$1,389 - $2,835

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Studio to 2 Bedroom Apartments Available Now

Generation Atlanta

369 Centennial Olympic Park Dr NWAtlanta, GA 30313
Luxury
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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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Pencil Factory Flats
Rent Specials
$1,405 - $2,935
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$1,405 - $2,935

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Studio to 3 Bedroom Apartments Available Now

Pencil Factory Flats

349 Decatur St SEAtlanta, GA 30312
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Muse ATL
Rent Specials
$1,448 - $2,568
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$1,448 - $2,568

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1 to 2 Bedroom Apartments Available Now

Muse ATL

300 Cityline Ave NEAtlanta, GA 30308
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Marchon
Rent Specials
$1,459 - $2,193
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$1,459 - $2,193

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Studio to 2 Bedroom Apartments Available Now

Marchon

Grant St SEAtlanta, GA 30312
Student Housing
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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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Ascent Peachtree
Rent Specials
$1,526 - $4,902
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$1,526 - $4,902

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Studio to 3 Bedroom Apartments Available Now

Ascent Peachtree

161 Peachtree Center AveAtlanta, GA 30303
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.

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 Dublin2BR,2BA$890
Ashley Scholars LandingStudio - Phase IStudio,1BA$975
Henderson PlaceStudioStudio,1BA$1,019
Inspire2x2 Bunk Balcony2BR,2BA$1,049
The Prato at Midtown0x1A RenovatedStudio,1BA$1,102
Capitol GatewayProvidence1BR,1BA$1,120
Northside PlazaThe Cityview1BR,1BA$1,169
The Vine at Ashley Scholars LandingVine 1A1BR,1BA$1,175
Ashley Auburn PointeA1.11BR,1BA$1,182

Best Value Apartments for Rent in Downtown Atlanta, GA

As of April 20, 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 Atlantic Station Model at Skyline ATL starting at $2,247 with a $1.72 price per square foot in the Georgia Tech 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
Skyline ATLAtlantic Station2BR,2BA$1.72
The Waterford on PiedmontLouvre2BR,2BA$1.66
InTown Lofts2 Bed 2 Bath J2BR,2BA$1.58
City PlazaGeorgian2BR,2BA$1.50
Capitol GatewayCharleston2BR,1BA$1.58
Front Porch1B1BR,2BA$1.66
Ashley Auburn PointeA1.11BR,1BA$1.53
379 Elm St NW2/12BR,1BA$1.60
The Villages of Castleberry I&IIThe Alder1BR,1BA$1.30

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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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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Pet Friendly Lifestyle
Downtown Atlanta, Atlanta, GA

Ranked #52

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 Henderson Place and starts from $1,147.

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

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

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.

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Exploring The World Outside Metro Atlanta: Local Suburbs You Will Want to Know About

Written by: Brandie Parton

Hi there, I am Brandie, your ApartmentHomeLiving.com local expert for Atlanta, Georgia.

Articles, How-To's, and Tips

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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.

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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.