1 Rainbow Dr
DecaturGA30034
Cheap Homes for Rent in Parkwood Neighborhood of Atlanta, GA from $800 (16 Rentals)
Search the lowest-cost Homes available for rent right now in the Parkwood area of Atlanta.
1 Rainbow Dr
DecaturGA30034
1 Rainbow Dr
DecaturGA30034
1 Rainbow Dr
DecaturGA30034
77 Whitefoord Ave SE
AtlantaGA30317
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.
1411 Clairmont Rd
DecaturGA30033
1596 Line Cir
DecaturGA30032
132 Leslie St SE
AtlantaGA30317
1082 Briarcliff Rd NE
AtlantaGA30306
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$1,1951 Bedroom Apartments Available Now
451 Durand Dr NE
451 Durand Dr NEAtlanta, GA 30307
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.
1743 N Decatur Rd
AtlantaGA30307
860 Briarcliff Rd NE
AtlantaGA30306
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$1,4952 Bedroom Apartments Available Now
451 Durand Dr NE
451 Durand Dr NEAtlanta, GA 30307
132 Huron St
DecaturGA30030
267 Jefferson Pl
DecaturGA30030
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.
510 Coventry Rd
DecaturGA30030
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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 | $2,331 | $1,050 | $5,000 |
| Parkwood 3 Bedroom Homes for Rent | $3,555 | $1,675 | $7,000 |
| Parkwood 4 Bedroom Homes for Rent | $5,909 | $3,800 | $10,000+ |
| Parkwood 5 Bedroom Homes for Rent | $6,840 | $6,000 | $8,000 |
| Parkwood 6 Bedroom Homes for Rent | $1,025 | $950 | $1,100 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 16 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 Maple Place Apartments priced from $647. 1209 Memorial Drive has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here are the most affordable Parkwood apartments for rent in Atlanta, GA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Maple Place Apartments | Elite Unit | 1BR,1BA | $647 |
| 1209 Memorial Drive | Redbud | 1BR,1BA | $1,050 |
| The Residence at 1743 N Decatur | Small Unfurnished studio | Studio,1BA | $1,150 |
| Park Summit | The Decatur (S1) | Studio,1BA | $1,185 |
| The Baxter | S1 | Studio,1BA | $1,195 |
Best Value Apartments for Rent in Parkwood, GA
As of May 28, 2026 the best value apartment in the Parkwood area is the $1.39 price per square foot 2BR/1.0BA Model at Arbors of East Atlanta in the in the Little Five Points neighborhood starting from $1,250. The second greatest value Parkwood apartment is the 211 Garden Ln Model at 211 Garden Ln, Unit B starting at $1,600 with a $1.78 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. |
|---|---|---|---|
| Arbors of East Atlanta | 2BR/1.0BA | 2BR,1BA | $1.39 |
| 211 Garden Ln, Unit B | 211 Garden Ln | 2BR,1BA | $1.78 |
| The Apartments at President Park | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.89 |
| Charming Apartments in the Heart of Virginia Highland! | 1x1 SM | 1BR,1BA | $1.75 |
| Marley EAV | Asbury | 1BR,1BA | $1.90 |
| Element at Kirkwood | A1 | 1BR,1BA | $1.71 |
| Commons of East Lake | 2x1r850 | 2BR,1BA | $1.82 |
| Springdale Apartments | 1/1 Renovated 680 | 1BR,1BA | $1.91 |
| 1209 Memorial Drive | Cypress | 2BR,1BA | $1.85 |
| Maple Place Apartments | Elite Unit | 1BR,1BA | $1.36 |
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 Article
Commute 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.
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Pet Friendly LifestyleParkwood, Atlanta, GA
Ranked #98
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 206 Apartments for Rent in Parkwood, GA with pricing that ranges from $825 to $21,317. There are also 129 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkwood ranging from $800 to $10,500.
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 $800 to $10,500 with an average monthly rent of $3,207.
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 $12,029, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,675 to $7,000. Four Bedroom Single-Family rentals are also available starting from $3,800 and Four Bedroom Apartments start at $4,286.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.