
Cheap Homes for Rent in Downtown Atlanta Neighborhood of Atlanta, GA from $800 (22 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Atlanta area of Atlanta.


444 Highland Ave NE

633 Parsons St SW

138 Griffin St NW

502 Pryor St SW

457 Formwalt St SW, Unit B-1

120 Ralph McGill Blvd NE
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

400 W Peachtree St NW, Unit 77

525 Parkway Dr NE

349 Decatur St. SE, Unit 1309

250 Park Ave W NW

238 Walker St SW

403 Elm St NW

49 Boulevard SE, Unit C-539
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.

49 Boulevard SE, Unit D-443

49 Boulevard SE, Unit C-335

49 Boulevard SE, Unit F-650

49 Boulevard SE, Unit F-557

49 Boulevard SE, Unit C-426

349 Decatur St. SE, Unit 3206

161 Mangum St SW
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

521 McGill Park Ave NE
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 | $2,620 | $1,249 | $5,000 |
| Downtown Atlanta 3 Bedroom Homes for Rent | $3,290 | $1,700 | $5,200 |
| Downtown Atlanta 4 Bedroom Homes for Rent | $3,766 | $1,999 | $6,800 |
Browse Homes for Rent in this Neighborhood
There are currently 22 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. Mechanicsville Family Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $949. 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 |
| Mechanicsville Family Apartments | 1 Bed, 1 bath | 1BR,1BA | $949 |
| Henderson Place | Studio | Studio,1BA | $1,019 |
| Inspire | 2x2 Bunk Balcony | 2BR,2BA | $1,085 |
| 548 Thurmond St NW | one Bed | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in Downtown Atlanta, GA
As of May 26, 2026 the best value apartment in the Downtown Atlanta area is the $1.49 price per square foot A3 Model at Ashley Auburn Pointe in the in the Little Five Points neighborhood starting from $1,909. The second greatest value Downtown Atlanta apartment is the Louvre Model at The Waterford on Piedmont starting at $1,787 with a $1.49 price per square foot in the Midtown 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. |
|---|---|---|---|
| Ashley Auburn Pointe | A3 | 3BR,2BA | $1.49 |
| The Waterford on Piedmont | Louvre | 2BR,2BA | $1.49 |
| InTown Lofts | 2 Bed 2 Bath J | 2BR,2BA | $1.58 |
| Westley on the Beltline | 2BX (Renovated) | 2BR,2BA | $1.59 |
| 200 Edgewood | Student Housing | B1 | 2BR,2BA | $1.29 |
| The Atlantic North Highland | Phoenix - A1C | 1BR,1BA | $1.69 |
| Muse's | 1 Bedroom | 1BR,1BA | $1.68 |
| Mechanicsville Family Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.27 |
| The Villages of Castleberry I&II | The Alder | 1BR,1BA | $1.30 |
| Capitol Gateway | Albany | 1BR,1BA | $1.77 |
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 #52
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 314 Apartments for Rent in Downtown Atlanta, GA with pricing that ranges from $809 to $7,678. There are also 108 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Atlanta ranging from $865 to $6,800.
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 $865 to $6,800 with an average monthly rent of $2,869.
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 $934 to $7,218, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $5,200. Four Bedroom Single-Family rentals are also available starting from $1,999 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

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.

Top Student Friendly Neighborhoods to Rent Near Colleges in Atlanta
Written by: Brandie Parton
As a member of the Apartment Home Living team, I am honored to share all I know about the fabulous city that I affectionately call ATL.

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.

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.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.