Cheap Apartments for Rent in the Old Fourth Ward Neighborhood of Atlanta, GA from $600 (40 Rentals)

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

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685 Penn Ave
1 to 2 Bedroom Apartments

685 Penn Ave

685 Penn Ave NEAtlanta, GA 30308
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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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718 Penn Ave NE
Studio to 1 Bedroom Apartments

718 Penn Ave NE

718 Penn Ave NEAtlanta, GA 30308
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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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Bradley Flats
1 Bedroom Apartments

Bradley Flats

55-58 Bradley StAtlanta, GA 30312

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454 Irwin St
1 Bedroom Apartments

454 Irwin St

454 Irwin StAtlanta, GA 30312
  • Utilities Included
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The Avery
1 to 2 Bedroom Apartments

The Avery

419 Chamberlain St SEAtlanta, GA 30312
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Edgewood Mews
1 Bedroom Apartments

Edgewood Mews

608 Edgewood Ave NEAtlanta, GA 30312
  • Utilities Included
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West Inman Lofts
1 to 2 Bedroom Apartments

West Inman Lofts

626 Dekalb AveAtlanta, GA 30312

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Old Fourth Ward, Atlanta, GA Local Guide

Cheapest Available Old Fourth Ward Apartments for Rent

 

The cheapest available apartment rental in the Old Fourth Ward area of Atlanta, GA is a Studio unit found at The Prato at Midtown priced from $1,086. Revival Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here are the most affordable Old Fourth Ward apartments for rent in Atlanta, GA:

Apartment ListingModel NameBed/BathPriced From
The Prato at Midtown0x1B RenovatedStudio,1BA$1,086
Revival LoftsBarnes Studio,1BA$1,175
214 Randolph StreetMagnolia1BR,1BA$1,190
The Atlantic North HighlandMitchell - A1A1BR,1BA$1,204
Cortland Old Fourth WardCabbagetown1BR,1BA$1,316
The Lookout O4WAnsleyStudio,1BA$1,328
555 BoulevardS1Studio,1BA$1,430
Piedmont Pad ApartmentsThe Mercer II1BR,1BA$1,440
Front Porch3B1BR,1BA$1,440
Crest at MidtownThe Atlantic1BR,1BA$1,450

Best Value Apartments for Rent in Old Fourth Ward, GA

As of October 14, 2025 the best value apartment in the Old Fourth Ward 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 Old Fourth Ward apartment is the A2 Model at Ashley Auburn Pointe starting at $1,577 with a $1.32 price per square foot in the Little Five Points neighborhood. Here is today’s list of the best values for Old Fourth Ward 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
Ashley Auburn PointeA22BR,2BA$1.32
The Atlantic North HighlandB1A2BR,1BA$1.74
Front Porch1B1BR,1BA$1.84
The Waterford on PiedmontMetropolitan1BR,1BA$1.91
Skyline ATLThe Buckhead1BR,1BA$1.84
Crest at MidtownThe Alliance1BR,1BA$1.95
Piedmont Pad ApartmentsThe Mercer II1BR,1BA$1.94
214 Randolph StreetMagnolia1BR,1BA$1.76
The Lookout O4WAnsleyStudio ,1BA$2.02

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Lifestyle Ratings

ApartmentHomeLiving.com is proud to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Old Fourth Ward, Atlanta, and the greater Atlanta area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, and much more. These search options are in the site filters at the top of this page.

Getting Around the Old Fourth Ward Neighborhood in Atlanta, GA

Walk Score®

87 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

86 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

53 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Old Fourth Ward Apartments

What is a cheap apartment in Old Fourth Ward?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old Fourth Ward is under $1,450.

What is the price of a cheap apartment in Old Fourth Ward?

The cheapest apartment in Old Fourth Ward is 214 Randolph Street which is listed at $1,190, while the average apartment in Old Fourth Ward costs $3,123.

What types of apartments are the cheapest in Old Fourth Ward?

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 30 regular apartments in Old Fourth Ward 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 Old Fourth Ward?

Cheap apartments in Old Fourth Ward have an average cost of $488 which is $2,635 cheaper than the average rent for all rentals in Old Fourth Ward.

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.