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$1,138 - $5,194Studio to 3 Bedroom Apartments Available Now
LaFrance Square
250 Arizona Ave NEAtlanta, GA 30307
Cheap Apartments for Rent in the Parkwood Neighborhood of Atlanta, GA from $600 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkwood area of Atlanta.
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$1,248 - $3,419Studio to 3 Bedroom Apartments Available Now
Spoke Apartments
1450 La France St NEAtlanta, GA 30307
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$1,294 - $3,421Studio to 2 Bedroom Apartments Available Now
Quill
1460 La France TerAtlanta, GA 30307
1443 Oxford Rd NE
AtlantaGA30307
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$1,349 - $1,4691 to 2 Bedroom Apartments Available Now
Element at Kirkwood
2035 Memorial Dr SEAtlanta, GA 30317
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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.
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1 to 2 Bedroom Apartments
Columbia Senior Residences at Edgewood
1281 Caroline St NEAtlanta, GA 30307
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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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$9992 Bedroom Apartment Available Now
1602 Line Cir, Unit 1602 Line Cir - Unit 3
1602 Line CirDecatur, GA 30032
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$1,142 - $2,717Studio to 3 Bedroom Apartments Available Now
The Orleans of Decatur
2676 Milscott DrDecatur, GA 30033
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$1,174 - $1,6471 Bedroom Apartments Contact Us For Availability
The Link at Columbia Senior Residences
515 E Freeman StDecatur, GA 30030
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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$1,199 - $1,2991 to 2 Bedroom Apartments Available Now
The Pines on Scott
927 Scott BlvdDecatur, GA 30030
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$1,394 - $2,644Studio to 2 Bedroom Apartments Available Now
Notion
125 N Arcadia AveDecatur, GA 30030
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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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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.
Showing Results 1-40, Page 1 of 1
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 | $1,538 | $1,138 | $2,247 |
| Parkwood 1 Bedroom Apartments | $1,792 | $1,174 | $4,629 |
| Parkwood 2 Bedroom Apartments | $2,204 | $758 | $6,703 |
| Parkwood 3 Bedroom Apartments | $2,651 | $830 | $8,335 |
| Parkwood 4 Bedroom Apartments | $6,137 | $2,023 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 40 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 1494 Memorial Drive priced from $950. LaFrance Square has the second lowest priced unit, which is a Studio apartment currently listed from $1,138. Here are the most affordable Parkwood apartments for rent in Atlanta, GA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1494 Memorial Drive | Magnolia | 1BR,1BA | $950 |
| LaFrance Square | Bixby | Studio,1BA | $1,138 |
| Park Summit | The Ponce (A1) | 1BR,1BA | $1,150 |
| Arbors of East Atlanta | 2 bed 1 bath C | 2BR,1BA | $1,150 |
| 1209 Memorial Drive | Redbud | 1BR,1BA | $1,188 |
| Springdale Apartments | 1/1 Classic 540 | 1BR,1BA | $1,195 |
| Commons of East Lake | 2 bed 1 bath | 2BR,1BA | $1,265 |
| The Pines on Scott | 2BR/1BA | 2BR,1BA | $1,299 |
| Spoke Apartments | A2A | 1BR,1BA | $1,332 |
Best Value Apartments for Rent in Parkwood, GA
As of November 13, 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 B2T-Riddick Model at Gables Montclair starting at $2,205 with a $1.44 price per square foot in the Toco Hills 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 |
| Gables Montclair | B2T-Riddick | 2BR,2.5BA | $1.44 |
| Canopy East Lake Apartments | C1 | 3BR,2BA | $1.56 |
| The Villages Of East Lake | Oglethorpe | 2BR,2BA | $1.49 |
| 139 E Hill St, Unit 39 | 139 E Hill St | 2BR,1.5BA | $1.72 |
| 205-Hillcrest | 205/680 | 2BR,1BA | $1.61 |
| Arbors of East Atlanta | 2BR/1.0BA | 2BR,1BA | $1.34 |
| 1602 Line Cir, Unit 1602 Line Cir - Unit 3 | 1602 Line Cir | 2BR,1BA | $1.18 |
| The Pines on Scott | 2BR/1BA | 2BR,1BA | $1.54 |
| 1494 Memorial Drive | Magnolia | 1BR,1BA | $1.58 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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.
Read ArticleCommute 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.
Read ArticleThe 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.
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.
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Pet Friendly LifestyleParkwood, Atlanta, GA
Ranked #108
Among cities in Georgia 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 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 $1,332.
What is the price of a cheap apartment in Parkwood?
The cheapest apartment in Parkwood is 1494 Memorial Drive which is listed at $950, while the average apartment in Parkwood costs $30,596.
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 112 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 $508 which is $30,088 cheaper than the average rent for all rentals in Parkwood.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.