
Cheap Homes for Rent in the Downtown Atlanta Neighborhood of Atlanta, GA from $700 (23 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Atlanta area of Atlanta.


609 Parsons St SW, Unit 609 Parsons St

94 Vine St NW

412 Todd St

633 Parsons St SW

444 Highland Ave NE

217 Vine St NW
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.

138 Griffin St NW

290 M.L.K. Jr Dr SE

502 Pryor St SW, Unit 326

509 Woodward Ave SE

375 Ralph McGill Blvd NE

349 Decatur St. SE, Unit 1309

403
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434 Martin St SE

250 Park Ave W NW

210 Walker St SW

161 Mangum St SW

525 Parkway Dr NE

215 Piedmont Ave NE

244 Peters St SW, Unit Swift & Co. Lofts
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120 Ralph McGill Blvd NE

403 Elm St NW
Downtown Atlanta, Atlanta, GA Local Guide

How much does it cost to rent a home in Downtown Atlanta?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Atlanta 2 Bedroom Homes for Rent | $2,563 | $1,185 | $5,750 |
| Downtown Atlanta 3 Bedroom Homes for Rent | $3,510 | $1,700 | $6,000 |
| Downtown Atlanta 4 Bedroom Homes for Rent | $3,558 | $2,525 | $5,400 |
Browse Homes for Rent in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the Downtown Atlanta Neighborhood of Atlanta, GA.
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Downtown Atlanta, Atlanta, GA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Villages of Castleberry I&II | The Alder | 1BR,1BA | $924 |
| Capitol Gateway | Providence | 1BR,1BA | $989 |
| 555 Boulevard | S2WF | Studio,1BA | $1,073 |
| Inspire | 2x2 Bunk Balcony | 2BR,2BA | $1,085 |
| The Vine at Ashley Scholars Landing | Vine 1A | 1BR,1BA | $1,175 |
Best Value Apartments for Rent in Downtown Atlanta, GA
As of July 26, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Reflection | 4 BEDROOM, 4 BATH CORNER | 4BR,4BA | $0.73 |
| Capitol Gateway | Bostonian | 3BR,2BA | $1.51 |
| Ashley Auburn Pointe | A3 | 3BR,2BA | $1.55 |
| Pencil Factory Flats | B5 | 2BR,2BA | $1.66 |
| MC Kiser Lofts | 1x1 | 1BR,1BA | $1.61 |
| InTown Lofts | 1 Bed 1 Bath 976 | 1BR,1BA | $1.60 |
| Front Porch | 1B | 1BR,2BA | $1.66 |
| Ashley Scholars Landing I | Phase I 1 Bedroom, 1 Bath | 1BR,1BA | $1.70 |
| Muse's | 1 Bedroom | 1BR,1BA | $1.68 |
| The Villages of Castleberry I&II | The Alder | 1BR,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.
Read ArticleCommute 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.
Read ArticleA 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
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleDowntown Atlanta, Atlanta, GA
Ranked #51
Among cities in Georgia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Downtown Atlanta
What type of rentals are currently available in Downtown Atlanta?
There are currently 313 Apartments for Rent in Downtown Atlanta, GA with pricing that ranges from $809 to $11,842. There are also 108 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Atlanta ranging from $750 to $6,000.
What is the current price range for Rental Homes in Downtown Atlanta?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Atlanta ranges from $750 to $6,000 with an average monthly rent of $2,698.
How much are larger Three and Four Bedroom Rentals in Downtown Atlanta?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Atlanta range from $1,065 to $7,009, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $6,000. Four Bedroom Single-Family rentals are also available starting from $2,525 and Four Bedroom Apartments start at $809.
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

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.

Everything You Should Know About Atlanta: A Local Expert's Guide to Renting in the ATL
Written by: Brandie Parton
Hi there from the ATL! I’m Brandie, proud to serve as your ApartmentHomeLiving.com local expert for the Atlanta, Georgia area.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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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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Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.