Cheap Apartments for Rent in the Old Fourth Ward Neighborhood of Atlanta, GA from $600 (41 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 Bedroom Apartments

685 Penn Ave

685 Penn Ave NEAtlanta, GA 30308
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718 Penn Ave NE
Studio Apartments

718 Penn Ave NE

718 Penn Ave NEAtlanta, GA 30308

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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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McAuley Station
1 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
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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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Showing Results 1-41, 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 The Prato at Midtown priced from $1,056. 214 Randolph Street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,190. 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$1,056
214 Randolph StreetMagnolia1BR,1BA$1,190
The Atlantic North HighlandGeorgian - A1B1BR,1BA$1,248
Ashley Auburn PointeA1.11BR,1BA$1,284
Muse ATLA11BR,1BA$1,360
AltitudeA41BR,1BA$1,391
555 BoulevardS2RStudio,1BA$1,400
Front Porch3B1BR,1BA$1,440
Piedmont Pad ApartmentsThe Carmichael I1BR,1BA$1,445

Best Value Apartments for Rent in Old Fourth Ward, GA

As of August 12, 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
Piedmont Pad ApartmentsThe Forsyth I2BR,2BA$1.74
588 Parkway Dr NE, Unit 1588 Parkway Dr NE1BR,1BA$1.75
Skyline ATLThe Buckhead1BR,1BA$1.82
200 Edgewood | Student HousingB12BR,2BA$1.17
The Atlantic North HighlandPhoenix - A1C1BR,1BA$1.64
Ashley Auburn PointeA1.11BR,1BA$1.66
AltitudeA21BR,1BA$1.94
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 $1,445.

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

The cheapest apartment in Old Fourth Ward is The Prato at Midtown which is listed at $1,184, 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 25 regular apartments in Old Fourth Ward that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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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 Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.