Cheap Apartments for Rent in the Old Fourth Ward Neighborhood of Atlanta, GA from $600 (46 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.

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274 Boulevard
Studio Apartments

274 Boulevard

444 Highland AveAtlanta, GA 30312
  • Utilities Included

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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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
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Bradley Flats
1 Bedroom Apartments

Bradley Flats

55-58 Bradley StAtlanta, GA 30312

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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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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Durant Place
2 Bedroom Apartments

Durant Place

690-694 Durant Pl NEAtlanta, GA 30308
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West Inman Lofts
1 to 2 Bedroom Apartments

West Inman Lofts

626 Dekalb AveAtlanta, GA 30312

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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Mariposa Lofts
1 to 2 Bedroom Apartments

Mariposa Lofts

100 Montag CirAtlanta, GA 30307

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 $995. Revival Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,066. 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$995
Revival LoftsBarnes Studio,1BA$1,066
The Prato at Midtown1x1E1BR,1BA$1,079
214 Randolph StreetMagnolia1BR,1BA$1,190
The Atlantic North HighlandMitchell - A1A1BR,1BA$1,204
Cortland Old Fourth WardCabbagetown1BR,1BA$1,237
Piedmont Pad ApartmentsThe Mercer II1BR,1BA$1,295
Muse ATLA21BR,1BA$1,335
Crest at MidtownThe Atlantic1BR,1BA$1,335
AltitudeA41BR,1BA$1,370

Best Value Apartments for Rent in Old Fourth Ward, GA

As of December 09, 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 A2.2 Model at Ashley Auburn Pointe starting at $1,570 with a $1.42 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 PointeA2.22BR,2BA$1.42
The Waterford on PiedmontMetropolitan1BR,1BA$1.69
588 Parkway Dr NE, Unit 2588 Parkway Dr NE1BR,1BA$1.67
Skyline ATLThe Buckhead1BR,1BA$1.86
Piedmont Pad ApartmentsThe Savannah I1BR,1BA$1.92
Muse ATLA21BR,1BA$1.78
Crest at MidtownThe Alliance1BR,1BA$2.01
The Atlantic North HighlandMitchell - A1A1BR,1BA$1.74
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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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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Quick 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.

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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 $1,370.

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 $1,079, while the average apartment in Old Fourth Ward costs $2,479.

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 29 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 $401 which is $2,078 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

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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! 

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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.