Cheap Apartments for Rent in the Old Fourth Ward Neighborhood of Atlanta, GA from $600 (45 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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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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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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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685 Penn Ave NE
1 Bedroom Apartments

685 Penn Ave NE

685 Penn Ave NEAtlanta, GA 30308

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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718 Penn Ave NE
Studio Apartments

718 Penn Ave NE

718 Penn Ave NEAtlanta, GA 30308
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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
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Crest at Midtown
1 to 2 Bedroom Apartments

Crest at Midtown

215 North AveAtlanta, GA 30308

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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West Inman Lofts
1 to 2 Bedroom Apartments

West Inman Lofts

626 Dekalb AveAtlanta, GA 30312
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Mariposa Lofts
1 to 2 Bedroom Apartments

Mariposa Lofts

100 Montag CirAtlanta, GA 30307
Showing Results 1-45, Page 1 of 1

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 Revival Lofts priced from $1,150. McAuley Station has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,182. Here are the most affordable Old Fourth Ward apartments for rent in Atlanta, GA:

Apartment ListingModel NameBed/BathPriced From
Revival LoftsBarnes - StudioStudio,1BA$1,150
McAuley Station1 Bedroom1BR,1BA$1,182
214 Randolph StreetMagnolia1BR,1BA$1,190
The Prato at Midtown1x1A Renovated1BR,1BA$1,217
Ashley Auburn PointeA1.11BR,1BA$1,227
Bradley Flats1 Bed, 1 bath1BR,1BA$1,250
Skyline ATLThe Buckhead1BR,1BA$1,263
The Lookout O4WAnsleyStudio,1BA$1,276
Piedmont Pad ApartmentsThe Savannah III1BR,1BA$1,295
AltitudeA21BR,1BA$1,361

Best Value Apartments for Rent in Old Fourth Ward, GA

As of June 19, 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 2B Model at Front Porch starting at $1,440 with a $1.11 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
Front Porch2B1BR,1BA$1.11
Muse ATLB22BR,2BA$1.65
Auburn GlennInman Park2BR,2BA$1.37
Skyline ATLThe Buckhead1BR,1BA$1.49
The Atlantic North HighlandPhoenix - A1C1BR,1BA$1.80
Ashley Auburn PointeA1.11BR,1BA$1.59
Piedmont Pad ApartmentsThe Mercer II1BR,1BA$1.94
Bradley Flats1 Bed, 1 bath1BR,1BA$1.79
214 Randolph StreetMagnolia1BR,1BA$1.76

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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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,361.

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

The cheapest apartment in Old Fourth Ward is McAuley Station which is listed at $1,182, while the average apartment in Old Fourth Ward costs $12,000.

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 56 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 $525 which is $11,475 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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.

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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.