
Cheap Homes for Rent in the Parkwood Neighborhood of Atlanta, GA from $700 (22 Rentals)
Search the lowest-cost Homes available for rent right now in the Parkwood area of Atlanta.


1 Rainbow Dr

1 Rainbow Dr

1 Rainbow Dr

417 Princeton Way NE

1 Rainbow Dr

1596 Line Cir
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.

1551 New St NE

651 Brennan Dr

1743 N Decatur Rd

1380 Church St, Unit D

1491 Emory Rd NE

444 Burlington Rd NE

444 Burlington Rd NE, Unit 3
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.

267 Jefferson Pl

1400 Church St, Unit I

1400 Church St, Unit L

451 Durand Dr NE, Unit 5

1581 Stone Gate Ln SE

1503 Stone Gate Ln SE

2577 Eastwood Dr
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.

510 Coventry Rd
Parkwood, Atlanta, GA Local Guide

How much does it cost to rent a home in Parkwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkwood 2 Bedroom Homes for Rent | $2,241 | $995 | $5,000 |
| Parkwood 3 Bedroom Homes for Rent | $3,388 | $1,600 | $7,000 |
| Parkwood 4 Bedroom Homes for Rent | $5,660 | $2,900 | $9,500 |
| Parkwood 5 Bedroom Homes for Rent | $7,439 | $3,495 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Parkwood Neighborhood of Atlanta, GA.
Explore 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 |
| Hanover Edgewood | Aa | Studio,1BA | $1,216 |
Best Value Apartments for Rent in Parkwood, GA
As of July 13, 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 $3,090. The second greatest value Parkwood apartment is the 1557 Conway Rd Model at 1557 Conway Rd, 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 B | 1557 Conway Rd | 3BR,1BA | $0.94 |
| Gables Montclair | A3T-Talbert | 1BR,1.5BA | $1.42 |
| White Oak Townhomes | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.18 |
| 139 E Hill St, Unit 42 | 139 E Hill St | 2BR,1.5BA | $1.66 |
| 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 |
| 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
Frequently Asked Questions about Parkwood
What type of rentals are currently available in Parkwood?
There are currently 209 Apartments for Rent in Parkwood, GA with pricing that ranges from $825 to $25,258. There are also 129 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkwood ranging from $765 to $15,000.
What is the current price range for Rental Homes in Parkwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Parkwood ranges from $765 to $15,000 with an average monthly rent of $3,621.
How much are larger Three and Four Bedroom Rentals in Parkwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Parkwood range from $830 to $12,044, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $7,000. Four Bedroom Single-Family rentals are also available starting from $2,900 and Four Bedroom Apartments start at $6,836.
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.