Cheap Apartments for Rent in the Downtown Atlanta Neighborhood of Atlanta, GA from $400 (26 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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UNITY PLACE
1 to 4 Bedroom Apartments

UNITY PLACE

744 North Ave NWAtlanta, GA 30318
Military

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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
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Inspire
2 to 5 Bedroom Apartments

Inspire

564 Centennial Olympic Park Dr NWAtlanta, GA 30313
Student Housing

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396 Rawson St
1 to 2 Bedroom Apartments

396 Rawson St

396 Rawson StAtlanta, GA 30312
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McAuley Station
1 to 2 Bedroom Apartments

McAuley Station

375 Gartrell St SEAtlanta, GA 30312
  • Utilities Included
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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 Vine at Ashley Scholars Landing0A - EfficiencyStudio,1BA$1,100
The Prato at Midtown1x1A Renovated1BR,1BA$1,106
Capitol GatewayAlbany1BR,1BA$1,116
City PlazaExecutive1BR,1BA$1,135
Broadstone 2ThirtyS1Studio,1BA$1,223
Westley on the Beltline1C1BR,1BA$1,225
Ashley Scholars Landing IPhase I StudioStudio,1BA$1,250
MC Kiser LoftsStudio BStudio,1BA$1,280

Best Value Apartments for Rent in Downtown Atlanta, GA

As of August 09, 2025 the best value apartment in the Downtown Atlanta area is the $1.53 price per square foot Atlantic Station Model at Skyline ATL in the in the Georgia Tech neighborhood starting from $2,000. The second greatest value Downtown Atlanta apartment is the 2B Model at Front Porch starting at $1,440 with a $1.11 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.
Skyline ATLAtlantic Station2BR,2BA$1.53
Front Porch2B1BR,1BA$1.11
Pencil Factory FlatsB52BR,2BA$1.55
505 Whitehall St SW, Unit 377505 Whitehall St SW1BR,1BA$1.31
Ashley Auburn PointeA22BR,2BA$1.24
Artist SquareWarhol2BR,2BA$1.57
200 Edgewood | Student HousingB12BR,2BA$1.17
Mechanicsville Family Apartments1 Bed, 1 bath1BR,1BA$1.33
The Villages of Castleberry I&IIThe Alder1BR,1BA$1.18
Capitol GatewayAlbany1BR,1BA$1.58

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Pet Friendly Lifestyle
Downtown Atlanta, Atlanta, GA

Ranked #121

Among cities in Georgia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
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 $1,280.

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 $2,985.

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 89 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 $658 which is $2,327 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

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Atlanta, Georgia is a large, modern city with many neighborhoods that welcome both newcomers and natives.

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

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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.