Cheap Apartments for Rent in the Old Fourth Ward Neighborhood of Atlanta, GA from $600 (47 Rentals)

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

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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.

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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274 Boulevard
Studio Apartments

274 Boulevard

444 Highland AveAtlanta, GA 30312
  • Utilities Included
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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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685 Penn Ave
1 to 2 Bedroom Apartments

685 Penn Ave

685 Penn Ave 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

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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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
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Durant Place
2 Bedroom Apartments

Durant Place

690-694 Durant Pl NEAtlanta, GA 30308
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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

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 Spanish Oaks Apartment priced from $945. Skyline ATL has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,126. Here are the most affordable Old Fourth Ward apartments for rent in Atlanta, GA:

Apartment ListingModel NameBed/BathPriced From
Spanish Oaks Apartment0BR/1.0BAStudio,1BA$945
Skyline ATLThe Buckhead1BR,1BA$1,126
214 Randolph StreetMagnolia1BR,1BA$1,190
Piedmont Pad ApartmentsThe Mercer II1BR,1BA$1,195
Cortland Old Fourth WardCabbagetown1BR,1BA$1,250
The Lookout O4WAnsleyStudio,1BA$1,272
The Atlantic North HighlandGeorgian - A1B1BR,1BA$1,283
Iris O4W1A1BR,1BA$1,286
Revival LoftsRocky Studio,1BA$1,350
Muse ATLA11BR,1BA$1,360

Best Value Apartments for Rent in Old Fourth Ward, GA

As of January 14, 2026 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 The Highlands Model at Skyline ATL starting at $1,624 with a $1.44 price per square foot in the Georgia Tech 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
Skyline ATLThe Highlands2BR,2BA$1.44
Ashley Auburn PointeA2.22BR,2BA$1.44
Front Porch1B1BR,2BA$1.88
The Waterford on PiedmontMetropolitan1BR,1BA$1.82
588 Parkway Dr NE, Unit 2588 Parkway Dr NE1BR,1BA$1.67
Crest at MidtownThe Alliance1BR,1BA$1.95
Piedmont Pad ApartmentsThe Mercer I1BR,1BA$1.94
The Atlantic North HighlandMitchell - A1A1BR,1BA$1.90
214 Randolph StreetMagnolia1BR,1BA$1.76

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.

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Commute 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.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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A 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

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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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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.

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 $1,360.

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

The cheapest apartment in Old Fourth Ward is Skyline ATL which is listed at $1,126, while the average apartment in Old Fourth Ward costs $2,500.

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 36 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 $447 which is $2,053 cheaper than the average rent for all rentals in Old Fourth Ward.

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

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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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.

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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.

Articles, How-To's, and Tips

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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!