Cheap Apartments for Rent in the Downtown Atlanta Neighborhood of Atlanta, GA from $400 (52 Rentals)

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

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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UNITY PLACE
1 to 4 Bedroom Apartments

UNITY PLACE

744 North Ave NWAtlanta, GA 30318
Military
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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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Inspire
Studio to 5 Bedroom Apartments

Inspire

564 Centennial Olympic Park Dr NWAtlanta, GA 30313
Student Housing

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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Mechanicsville Station
1 to 3 Bedroom Apartments

Mechanicsville Station

525 Fulton St SWAtlanta, GA 30312
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600 Parkway Dr NE
1 to 3 Bedroom Apartments

600 Parkway Dr NE

600 Parkway Dr NEAtlanta, GA 30308
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396 Rawson St
1 to 2 Bedroom Apartments

396 Rawson St

396 Rawson StAtlanta, GA 30312
Student Housing
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McAuley Station
Studio to 2 Bedroom Apartments

McAuley Station

375 Gartrell St SEAtlanta, GA 30312
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700 Neal St
2 Bedroom Apartments

700 Neal St

700 Neal StAtlanta, GA 30318
Corporate Housing
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454 Irwin St
1 Bedroom Apartments

454 Irwin St

454 Irwin StAtlanta, GA 30312
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The Avery
1 to 2 Bedroom Apartments

The Avery

419 Chamberlain St SEAtlanta, GA 30312

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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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
Inspire2x2 Bunk Balcony2BR,2BA$999
Capitol GatewayProvidence1BR,1BA$1,126
Artist SquareDaVinci1BR,1BA$1,152
Northside PlazaThe Cityview1BR,1BA$1,169
The Vine at Ashley Scholars LandingVine 2B2BR,2BA$1,175
Flats on Maple Street1 Bed 1 Bath1BR,1BA$1,180
City PlazaExecutive1BR,1BA$1,225
Westley on the Beltline1C1BR,1BA$1,225

Best Value Apartments for Rent in Downtown Atlanta, GA

As of November 08, 2025 the best value apartment in the Downtown Atlanta area is the $0.85 price per square foot 3B 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 The Highlands Model at Skyline ATL starting at $1,949 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.
Front Porch3B1BR,1BA$0.85
Skyline ATLThe Highlands2BR,2BA$1.72
InTown Lofts2 Bed 2 Bath H2BR,2BA$1.61
Ashley Auburn PointeA2.22BR,2BA$1.44
The Atlantic North HighlandB1A2BR,1BA$1.66
Capitol GatewayCharleston2BR,1BA$1.54
588 Parkway Dr NE, Unit 2588 Parkway Dr NE1BR,1BA$1.70
Westley on the Beltline1C1BR,1BA$1.63
Mechanicsville Family Apartments1 Bed, 1 bath1BR,1BA$1.33
The Villages of Castleberry I&IIThe Alder1BR,1BA$1.18

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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 #72

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 $1,225.

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 $2,040.

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 218 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 $631 which is $1,409 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.

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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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.