Cheap Homes for Rent in Downtown Atlanta Neighborhood of Atlanta, GA from $1,000 (24 Rentals)

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

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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property at 32 Peachtree St

32 Peachtree St

AtlantaGA30303
property at 502 Pryor St SW

502 Pryor St SW

AtlantaGA30309

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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property at 100 Fulton St SE

100 Fulton St SE

AtlantaGA30312

Top Neighborhoods Near Atlanta Colleges and Universities

Learn about the best Atlanta neighborhoods for student renters by our Local Expert Brandie Parton

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Showing Results 1-24, 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. The Mix Apartments has the second lowest priced unit, which is a 4 Beds apartment currently listed from $995. 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
The Mix ApartmentsD34BR,4BA$995
Mechanicsville Family Apartments1 Bed, 1 bath1BR,1BA$999
City PlazaExecutive1BR,1BA$1,030
InTown Lofts1 Bed 1 Bath B1BR,1BA$1,045

Best Value Apartments for Rent in Downtown Atlanta, GA

As of May 29, 2025 the best value apartment in the Downtown Atlanta area is the $1.51 price per square foot B4 Model at Muse ATL in the in the Midtown neighborhood starting from $1,964. The second greatest value Downtown Atlanta apartment is the Mapplethorpe Model at Artist Square starting at $1,875 with a $1.57 price per square foot in the Downtown Atlanta 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.
Muse ATLB42BR,2BA$1.51
Artist SquareMapplethorpe2BR,2BA$1.57
InTown Lofts2 Bed 2 Bath H2BR,2BA$1.61
Skyline ATLThe Buckhead1BR,1BA$1.52
The Vine at Ashley Scholars LandingVine 1C1BR,1BA$1.68
Capitol GatewayConcord1BR,1BA$1.55
Ashley Auburn PointeA1.11BR,1BA$1.52
Mechanicsville Family Apartments1 Bed, 1 bath1BR,1BA$1.33
The Villages of Castleberry I&IIThe Alder1BR,1BA$1.18
Auburn GlennCabbagetown1BR,1BA$1.69

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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Frequently Asked Questions about Downtown Atlanta

What type of rentals are currently available in Downtown Atlanta?

There are currently 303 Apartments for Rent in Downtown Atlanta, GA with pricing that ranges from $680 to $14,395. There are also 121 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Atlanta ranging from $1,049 to $6,200.

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 $1,049 to $6,200 with an average monthly rent of $3,424.

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 $955 to $8,269, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,827 to $6,000. Four Bedroom Single-Family rentals are also available starting from $2,795 and Four Bedroom Apartments start at $835.

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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.