
Cheap Apartments for Rent in the Parkwood Neighborhood of Atlanta, GA from $600 (108 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkwood area of Atlanta.


LaFrance Square

451 Durand Dr NE

Element at Kirkwood

1443 Oxford Rd NE

1443 Oxford Rd NE

456 Flat Shoals Ave SE

212 Kirkwood Rd NE

Hanover Edgewood

Quill
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.

860 Briarcliff Rd

Bell Rock Springs

Total Monthly Price
Spoke Apartments

1338 McLendon Ave NE

487 Lakeshore Dr NE

105 Rogers St NE

Marley EAV

Highland Square

867 Rosedale Rd NE

Canopy East Lake Apartments
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.

EastWood Townhomes

The Kirkwood Apartments at Edgewood

159 Whitefoord

386 Haas Ave SE

Retreat at Edgewood

Columbia Senior Residences at Edgewood

Briarwood Apartments

1209 Memorial Drive

1494 Memorial Drive

1347 Briarwood Dr NE
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.

Columbia CitiHomes

1082 Briarcliff Rd NE

2040

1297 McLendon Ave NE

Arbors of East Atlanta

1414 Euclid Ave

9 Clay St SE

Stelzer Heritage Apartments

1743 N Decatur Rd

1570 Memorial Drive
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
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The Commons of East Lake

1760 Memorial

Briarcliff Court Condos

1208 Virginia Avenue NE

1230 & 1234 Virginia Avenue NE

The Villages Of East Lake

The Lux on Briar

846 Briarcliff Road

Virginia Highland Apartments

1 Rainbow Dr
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 | $1,672 | $1,099 | $2,537 |
| Parkwood 1 Bedroom Apartments | $1,862 | $1,174 | $6,058 |
| Parkwood 2 Bedroom Apartments | $2,372 | $825 | $6,654 |
| Parkwood 3 Bedroom Apartments | $3,271 | $830 | $10,000+ |
| Parkwood 4 Bedroom Apartments | $6,300 | $3,545 | $8,587 |
Browse Apartments in this Neighborhood
There are currently 108 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 Studio unit found at LaFrance Square priced from $1,099. Park Summit has the second lowest priced unit, which is a Studio apartment currently listed from $1,137. Here are the most affordable Parkwood apartments for rent in Atlanta, GA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| LaFrance Square | Bixby | Studio,1BA | $1,099 |
| Park Summit | The Decatur (S1) | Studio,1BA | $1,137 |
| Element at Kirkwood | A1 | 1BR,1BA | $1,199 |
| Arbors of East Atlanta | 2BR/1.0BA | 2BR,1BA | $1,225 |
| 1414 Euclid Ave | Elite Unit | 1BR,1BA | $1,250 |
| 1209 Memorial Drive | Cypress | 2BR,1BA | $1,250 |
| Commons of East Lake | 2x1r850 | 2BR,1BA | $1,265 |
| Hanover Edgewood | Aa | Studio,1BA | $1,274 |
| 351 Hillcrest | Classic | 2BR,1BA | $1,295 |
| Quill | WorkForce Studios | Studio,1BA | $1,299 |
Best Value Apartments for Rent in Parkwood, GA
As of April 08, 2026 the best value apartment in the Parkwood area is the $1.67 price per square foot Kennedy Model at Towns on Church in the in the Downtown Decatur neighborhood starting from $2,953. The second greatest value Parkwood apartment is the Scoria Model at Abberly Onyx Apartment Homes starting at $2,690 with a $1.79 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 | Kennedy | 3BR,2.5BA | $1.67 |
| Abberly Onyx Apartment Homes | Scoria | 3BR,2BA | $1.79 |
| 1377 Scott Blvd, Unit B | 1377 Scott Blvd | 2BR,1BA | $1.27 |
| 139 E Hill St, Unit 42 | 139 E Hill St | 2BR,1.5BA | $1.66 |
| 139 E Hill St, Unit #58 | 139 E Hill St | 2BR,1.5BA | $1.67 |
| 211 Garden Ln | 211 Garden Ln | 2BR,1BA | $1.78 |
| Arbors of East Atlanta | 2 bed 1 bath | 2BR,1BA | $1.44 |
| Element at Kirkwood | A1 | 1BR,1BA | $1.71 |
| Commons of East Lake | 2x1r850 | 2BR,1BA | $1.82 |
| 1209 Memorial Drive | Cypress | 2BR,1BA | $1.85 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
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Read ArticleDon'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.
Read ArticleCommute Less, Live More: Top Neighborhoods Near Atlanta's Biggest Companies
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Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Read ArticleA 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
Read ArticleQuick 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.
Pet Friendly LifestyleParkwood, Atlanta, GA
Ranked #96
Among cities in Georgia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet 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 a cheap apartment in Parkwood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Parkwood is under $1,299.
What is the price of a cheap apartment in Parkwood?
The cheapest apartment in Parkwood is Element at Kirkwood which is listed at $1,199, while the average apartment in Parkwood costs $16,624.
What types of apartments are the cheapest in Parkwood?
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 99 regular apartments in Parkwood 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 Parkwood?
Cheap apartments in Parkwood have an average cost of $613 which is $16,011 cheaper than the average rent for all rentals in Parkwood.
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

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.

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.

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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.

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.