Cheap Homes for Rent in Parkwood Neighborhood of Atlanta, GA from $900 (29 Rentals)

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Search the lowest-cost Homes available for rent right now in the Parkwood area of Atlanta.

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Parkwood, Atlanta, GA Local Guide

Cheapest Available Parkwood Apartments for Rent

 

The cheapest available apartment rental in the Parkwood area of Atlanta, GA is a Studio unit found at 430 Ponce priced from $1,125. The Link at Decatur East has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,174. Here are the most affordable Parkwood apartments for rent in Atlanta, GA:

Apartment ListingModel NameBed/BathPriced From
430 Ponce430-08Studio,1BA$1,125
The Link at Decatur EastOne Bedroom1BR,1BA$1,174
The Pines on Scott2BR/1BA2BR,1BA$1,199
1494 Memorial DriveMagnolia1BR,1BA$1,200
Arbors of East Atlanta1 bed 1 bath1BR,1BA$1,275
The Orleans of DecaturJackson1BR,1BA$1,287
Quill0BStudio,1BA$1,347
Element at KirkwoodA11BR,1BA$1,349
Broadstone PullmanS1Studio,1BA$1,360
Rock Springs VillageWoodruff1BR,1BA$1,367

Best Value Apartments for Rent in Parkwood, GA

As of September 19, 2025 the best value apartment in the Parkwood area is the $1.61 price per square foot Manning Model at Towns on Church in the in the Downtown Decatur neighborhood starting from $2,835. The second greatest value Parkwood apartment is the B2T-Riddick Model at Gables Montclair starting at $2,063 with a $1.35 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Towns on ChurchManning3BR,3.5BA$1.61
Gables MontclairB2T-Riddick2BR,2.5BA$1.35
The Villages Of East LakeOglethorpe2BR,2BA$1.49
Avery GlenB12BR,2BA$1.79
139 E Hill St, Unit #58139 E Hill St2BR,1.5BA$1.67
Charming Apartments in the Heart of Virgin2x2 Ground2BR,2BA$1.65
The Apartments at President Park1 Bedroom 1 Bathroom1BR,1BA$1.89
The Pines on Scott2BR/1BA2BR,1BA$1.42
The Link at Decatur EastOne Bedroom1BR,1BA$1.48
Arbors of East Atlanta1 bed 1 bath1BR,1BA$1.70

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Pet Friendly Lifestyle
Parkwood, Atlanta, GA

Ranked #125

Among cities in Georgia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Parkwood

What type of rentals are currently available in Parkwood?

There are currently 206 Apartments for Rent in Parkwood, GA with pricing that ranges from $758 to $23,840. There are also 163 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkwood ranging from $975 to $12,000.

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 $975 to $12,000 with an average monthly rent of $3,858.

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 $925 to $8,335, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,799 to $7,000. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $2,023.

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.

decorative image for An Atlanta Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in the Atlanta Area article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.