
Cheap Apartments for Rent in the Parkwood Neighborhood of Atlanta, GA from $800 (97 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkwood area of Atlanta.


417 Princeton Way NE

Element at Kirkwood

LaFrance Square

Total Monthly Price
The Residence at 1743 N Decatur

Quill

Total Monthly Price
Hanover Edgewood

Total Monthly Price
Spoke Apartments

212 Kirkwood Rd NE

Canopy East Lake Apartments
Understanding Atlanta's Short-Term Rental Landscape: Everything You Need to Know
Discover the thriving short-term rental market in Atlanta from a local expert's perspective. Find flexible, move-in-ready housing options in Downtown, West Midtown, and more.

401 Clifton Rd NE

Marley EAV

444 Burlington Rd NE, Unit 3

451 Durand Dr NE, Unit 5

EastWood Townhomes

Bell Rock Springs

Highland Square

159 Whitefoord

Retreat at Edgewood

Columbia Senior Residences at Edgewood
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Maple Place Apartments

1209 Memorial Drive

Briarwood Apartments

1494 Memorial Drive

Columbia CitiHomes

860 Briarcliff Rd

2040

1297 McLendon Ave NE

1896 Ridgewood Dr NE, Unit 5

1743 N Decatur Rd
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.

1491 Emory Rd NE

Arbors of East Atlanta

Stelzer Heritage Apartments

The Commons of East Lake

1760 Memorial

1570 Memorial Drive

Briarcliff Court Condos

1208 Virginia Avenue NE

1230 & 1234 Virginia Avenue NE

444 Burlington Rd NE, Unit 425
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.

The Villages Of East Lake

The Lux on Briar

846 Briarcliff Road

1581 Stone Gate Ln SE

1503 Stone Gate Ln SE

1 Rainbow Dr

1 Rainbow Dr

1 Rainbow Dr

1 Rainbow Dr

White Oak Townhomes
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.
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 | $1,742 | $1,099 | $2,697 |
| Parkwood 1 Bedroom Apartments | $1,996 | $1,050 | $6,076 |
| Parkwood 2 Bedroom Apartments | $2,588 | $825 | $8,714 |
| Parkwood 3 Bedroom Apartments | $3,124 | $830 | $10,000+ |
| Parkwood 4 Bedroom Apartments | $6,412 | $4,006 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 97 rentals with your search options within a 2 mile radius of the Parkwood Neighborhood of Atlanta, GA.
See all Apartments in AtlantaExplore Atlanta
Parkwood, Atlanta, GA Local Guide
- Nearby Atlanta neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Golden Apartments priced from $820. Element at Kirkwood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Parkwood apartments for rent in Atlanta, GA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Golden Apartments | 1 Beds, 1 Baths | 1BR,1BA | $820 |
| Element at Kirkwood | A1 | 1BR,1BA | $999 |
| LaFrance Square | Bixby | Studio,1BA | $1,099 |
| Maple Place Apartments | Elite Unit | 1BR,1BA | $1,145 |
| The Pines on Scott | 1BR/1BA | 1BR,1BA | $1,149 |
| Hanover Edgewood | Aa | Studio,1BA | $1,216 |
| Spoke Apartments | S2A | Studio,1BA | $1,225 |
| 1209 Memorial Drive | Cypress | 2BR,1BA | $1,250 |
| The Residence at 1743 N Decatur | Small Studio | Studio,1BA | $1,250 |
| Commons of East Lake | 2x1r850 | 2BR,1BA | $1,265 |
Best Value Apartments for Rent in Parkwood, GA
As of July 10, 2026 the best value apartment in the Parkwood area is the $1.75 price per square foot Kennedy Model at Towns on Church in the in the Downtown Decatur neighborhood starting from $3,096. The second greatest value Parkwood apartment is the 1557 Conway Rd Model at 1557 Conway Rd, Unit Unit B starting at $1,600 with a $0.94 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 | $1.75 |
| 1557 Conway Rd, Unit Unit B | 1557 Conway Rd | 3BR,1BA | $0.94 |
| White Oak Townhomes | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.18 |
| Gables Montclair | A2-Brice | 1BR,1BA | $1.59 |
| 717 Scott Blvd, Unit 717 Scott Blvd Unit #A | 717 Scott Blvd | 2BR,1BA | $1.53 |
| 211 Garden Ln, Unit B | 211 Garden Ln | 2BR,1BA | $1.78 |
| Enclave Oakhurst Village | 2 Bedroom 1 Bath - 73269 | 2BR,1BA | $1.63 |
| The Pines on Scott | 1BR/1BA | 1BR,1BA | $1.54 |
| Element at Kirkwood | A1 | 1BR,1BA | $1.43 |
| Golden Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1.26 |
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 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 #103
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 $1,265.
What is the price of a cheap apartment in Parkwood?
The cheapest apartment in Parkwood is Golden Apartments which is listed at $820, while the average apartment in Parkwood costs $25,286.
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 104 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 $512 which is $24,774 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.

Exploring The World Outside Metro Atlanta: Local Suburbs You Will Want to Know About
Written by: Brandie Parton
Hi there, I am Brandie, your ApartmentHomeLiving.com local expert for Atlanta, Georgia.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.