Cheap Apartments for Rent in the South Downtown Atlanta Neighborhood of Atlanta, GA from $800 (44 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Downtown Atlanta area of Atlanta.

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Showing Results 1-44, Page 1 of 1

Cheapest Available South Downtown Atlanta Apartments for Rent

 

The cheapest available apartment rental in the South Downtown Atlanta area of Atlanta, GA is a 1 Bed unit found at The Villages of Castleberry I&II priced from $881. Crest on Peachtree has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here are the most affordable South Downtown Atlanta apartments for rent in Atlanta, GA:

Apartment ListingModel NameBed/BathPriced From
The Villages of Castleberry I&IIThe Alder1BR,1BA$881
Crest on PeachtreePonceStudio,1BA$899
Ashley Scholars Landing IPhase I StudioStudio,1BA$975
Skyline ApartmentsStudio, 1 bathStudio,1BA$1,005
The MaverickS1Studio,1BA$1,199
Broadstone 2ThirtyS1Studio,1BA$1,249
Lofts at Centennial Yards SouthS1Studio,1BA$1,249
Cortland Old Fourth WardCabbagetown1BR,1BA$1,250
The Lookout O4WAnsleyStudio,1BA$1,272
Centennial PlaceThe Columbus1BR,1BA$1,279

Best Value Apartments for Rent in South Downtown Atlanta, GA

As of January 15, 2026 the best value apartment in the South Downtown Atlanta area is the $1.96 price per square foot The Athens Model at Centennial Place in the in the Midtown neighborhood starting from $2,456. The second greatest value South Downtown Atlanta apartment is the 2 Bed 2 Bath H Model at InTown Lofts starting at $1,806 with a $1.61 price per square foot in the Centennial Place neighborhood. Here is today’s list of the best values for South Downtown Atlanta apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Centennial PlaceThe Athens3BR,2.5BA$1.96
InTown Lofts2 Bed 2 Bath H2BR,2BA$1.61
Ashley Auburn PointeA2.22BR,2BA$1.44
Pencil Factory FlatsA71BR,1BA$1.69
City PlazaGeorgian2BR,2BA$1.50
The Lookout O4WChattahoochee1BR,1BA$2.11
MC Kiser LoftsA11BR,1BA$2.04
The Villages of Castleberry I&IIThe Alder1BR,1BA$1.24
The Atlantic North HighlandMitchell - A1A1BR,1BA$1.97
Ashley Scholars Landing IPhase I StudioStudio ,1BA$1.86

Frequently Asked Questions about Cheap South Downtown Atlanta Apartments

What is a cheap apartment in South Downtown Atlanta?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Downtown Atlanta is under $1,279.

What is the price of a cheap apartment in South Downtown Atlanta?

The cheapest apartment in South Downtown Atlanta is The Villages of Castleberry I&II which is listed at $881, while the average apartment in South Downtown Atlanta costs $3,272.

What types of apartments are the cheapest in South Downtown Atlanta?

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 278 regular apartments in South Downtown Atlanta 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 South Downtown Atlanta?

Cheap apartments in South Downtown Atlanta have an average cost of $773 which is $2,499 cheaper than the average rent for all rentals in South Downtown Atlanta.

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.

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