
Cheap Apartments for Rent in the Parkwood Neighborhood of Atlanta, GA from $600 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkwood area of Atlanta.


456 Flat Shoals Ave SE

Element at Kirkwood

Spoke Apartments

Room in House on Morgan Pl SE
The Art of the Rental Viewing: What to look for during a property tour
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Quill

The Villages Of East Lake

LaFrance Square

Columbia Senior Residences at Edgewood
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.

450 Medlock Rd

The Pines on Scott
Top Neighborhoods Near Atlanta Colleges and Universities
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Cortland Decatur East

Arlo Decatur Apartments
Navigating the Rental Market: Tips for First-Time Renters
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Parkwood, Atlanta, GA Local Guide

How much does it cost to rent an apartment in Parkwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Parkwood Studio Apartments | $1,995 | $1,250 | $9,929 |
Parkwood 1 Bedroom Apartments | $2,008 | $1,100 | $6,859 |
Parkwood 2 Bedroom Apartments | $2,559 | $758 | $6,441 |
Parkwood 3 Bedroom Apartments | $3,631 | $930 | $8,335 |
Parkwood 4 Bedroom Apartments | $2,629 | $2,015 | $3,850 |
Browse Apartments in this Neighborhood
There are currently 38 rentals with your search options within a 2 mile radius of the Parkwood Neighborhood of Atlanta, GA.
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Parkwood, Atlanta, GA Local Guide
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Cheapest Available Parkwood Apartments for Rent
 The cheapest available apartment rental in the Parkwood area of Atlanta, GA is a 1 Bed unit found at 860 Briarcliff Road priced from $1,099. 430 Ponce has the second lowest priced unit, which is a Studio apartment currently listed from $1,125. Here are the most affordable Parkwood apartments for rent in Atlanta, GA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
860 Briarcliff Road | 1x1 LRG | 1BR,1BA | $1,099 |
430 Ponce | 430-08 - Studio | Studio,1BA | $1,125 |
Springdale Apartments | Renovated - 1 bed 1 bath | 1BR,1BA | $1,175 |
Arbors of East Atlanta | 1 bed 1 bath | 1BR,1BA | $1,190 |
The Pines on Scott | 1BR/1BA | 1BR,1BA | $1,199 |
1494 Memorial Drive | Magnolia | 1BR,1BA | $1,200 |
Spoke Apartments | S2A | Studio,1BA | $1,275 |
Element at Kirkwood | A1 | 1BR,1BA | $1,275 |
Canopy | Studio | Studio,1BA | $1,300 |
Broadstone Pullman | S1 | Studio,1BA | $1,320 |
Best Value Apartments for Rent in Parkwood, GA
As of May 29, 2025 the best value apartment in the Parkwood area is the $1.79 price per square foot Richard Model at Towns on Church in the in the Downtown Decatur neighborhood starting from $3,169. The second greatest value Parkwood apartment is the Esplande Model at The Orleans of Decatur starting at $2,109 with a $1.62 price per square foot in the Downtown Decatur neighborhood. Here is today’s list of the best values for Parkwood apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Towns on Church | Richard | 4BR,3.5BA | $1.79 |
The Orleans of Decatur | Esplande | 3BR,2BA | $1.62 |
Briarcliff Court Condos | Chestnut | 2BR,2BA | $1.80 |
717 Scott Blvd, Unit 717 Scott Blvd Unit #A | 717 Scott Blvd | 2BR,1BA | $1.53 |
Park Summit | The Commerce (B1) | 2BR,1BA | $1.93 |
The Apartments at President Park | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.89 |
860 Briarcliff Road | ER 1x1 L | 1BR,1BA | $1.82 |
Arbors of East Atlanta | 1 bed 1 bath | 1BR,1BA | $1.59 |
The Pines on Scott | 1BR/1BA | 1BR,1BA | $1.61 |
Element at Kirkwood | A1 | 1BR,1BA | $1.82 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleParkwood, Atlanta, GA
Ranked #94
Among neighborhoods in Atlanta, GA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
Our team of engineers and researchers compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Georgia and customized analysis for East Central Atlanta. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, places to raise kids, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Parkwood Apartments
What is the Cheapest Studio apartment in Parkwood?
Currently the most affordable Cheap Studio Apartment in Parkwood is at 430 Ponce listed at $1,125.
How much is rent for a Cheap One Bedroom Parkwood Apartment?
The lowest price for a Cheap One Bedroom Parkwood Apartment is $1,099 at 860 Briarcliff Road.
What is the lowest price for a Cheap Two Bedroom Parkwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Parkwood is starting from $1,269 at The Pines on Scott.
What is the most affordable Parkwood Three Bedroom Apartment?
The best deal on a cheap Parkwood Three Bedroom Apartment rental is at The Orleans of Decatur and starts from $2,109.
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.

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.

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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.