Cheap Apartments for Rent in the Downtown Atlanta Neighborhood of Atlanta, GA from $400 (38 Rentals)

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

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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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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UNITY PLACE
1 to 4 Bedroom Apartments

UNITY PLACE

744 North Ave NWAtlanta, GA 30318
Military
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Villa at the Dome
1 to 4 Bedroom Apartments

Villa at the Dome

515 Rhodes St NWAtlanta, GA 30314
  • Utilities Included

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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Inspire
Studio to 5 Bedroom Apartments

Inspire

564 Centennial Olympic Park Dr NWAtlanta, GA 30313
Student Housing
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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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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
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McAuley Station
Studio 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
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454 Irwin St
1 Bedroom Apartments

454 Irwin St

454 Irwin StAtlanta, GA 30312
  • Utilities Included

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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The Avery
1 to 2 Bedroom Apartments

The Avery

419 Chamberlain St SEAtlanta, GA 30312
Showing Results 1-38, Page 1 of 1

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 GatewayAlbany1BR,1BA$1,121
Artist SquareDaVinci1BR,1BA$1,152
Victory At SummerhillS1Studio,1BA$1,166
City PlazaAmbassador1BR,1BA$1,170
The Vine at Ashley Scholars LandingVine 2B2BR,2BA$1,175
Broadstone 2ThirtyS1Studio,1BA$1,194
Revival LoftsFinch Studio,1BA$1,225

Best Value Apartments for Rent in Downtown Atlanta, GA

As of September 23, 2025 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 3BX (Renovated) Model at Westley on the Beltline starting at $1,825 with a $1.48 price per square foot in the Bellwood 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
Westley on the Beltline3BX (Renovated)3BR,2BA$1.48
Ashley Auburn PointeA22BR,2BA$1.28
Piedmont Pad ApartmentsThe Carmichael V1BR,1BA$1.60
InTown Lofts2 Bed 2 Bath H2BR,2BA$1.61
Mechanicsville Family Apartments1 Bed, 1 bath1BR,1BA$1.33
The Villages of Castleberry I&IIThe Alder1BR,1BA$1.18
Capitol GatewayAlbany1BR,1BA$1.58
City PlazaExecutive1BR,1BA$1.73
Artist SquareDaVinci1BR,1BA$1.74

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Pet Friendly Lifestyle
Downtown Atlanta, Atlanta, GA

Ranked #59

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 $2,655.

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 108 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 $461 which is $2,194 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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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.