Cheap Apartments for Rent in the South Downtown Atlanta Neighborhood of Atlanta, GA from $800 (39 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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Skyline Apartments
Rent Specials
$1,145 - $1,442
Total Monthly Price

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$1,145 - $1,442

Total Monthly Price
$1,145 - $1,442
Studio to 2 Bedroom Apartments Available Now

Skyline Apartments

1184 Hank Aaron DrAtlanta, GA 30315
Affordability
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Marchon
Rent Specials
$1,365 - $2,197
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$1,365 - $2,197

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Studio to 2 Bedroom Apartments Available Now

Marchon

Grant St SEAtlanta, GA 30312
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Pencil Factory Flats
Rent Specials
$1,380 - $2,993
Total Monthly Price

Total Monthly Price

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$1,380 - $2,993

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Pencil Factory Flats

349 Decatur St SEAtlanta, GA 30312
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Generation Atlanta
Rent Specials
$1,389 - $2,957
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$1,389 - $2,957

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Studio to 2 Bedroom Apartments Available Now

Generation Atlanta

369 Centennial Olympic Park Dr NWAtlanta, GA 30313
Luxury
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505 Courtland
Rent Specials
$1,411 - $3,549
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$1,411 - $3,549

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Studio to 3 Bedroom Apartments Available Now

505 Courtland

505 Courtland St NEAtlanta, GA 30308
Luxury
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Ascent Peachtree
Rent Specials
$1,562 - $6,073
Total Monthly Price

Total Monthly Price

Base Rent
$1,562 - $6,073

Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

Ascent Peachtree

161 Peachtree Center AveAtlanta, GA 30303
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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 $924. Crest on Peachtree has the second lowest priced unit, which is a Studio apartment currently listed from $924. 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$924
Crest on PeachtreePonceStudio,1BA$924
InTown Lofts1 Bed 1 Bath B1BR,1BA$1,045
Skyline ApartmentsStudio, 1 bathStudio,1BA$1,145
Ashley Auburn PointeA1.11BR,1BA$1,205
Centennial PlaceThe Columbus1BR,1BA$1,216
The MaverickS2-AFStudio,1BA$1,251
Stella at Star MetalsS1Studio,1BA$1,316
Castleberry ParkM31BR,1BA$1,344
The Atlantic North HighlandGeorgian - A1B1BR,1BA$1,346

Best Value Apartments for Rent in South Downtown Atlanta, GA

As of July 07, 2026 the best value apartment in the South Downtown Atlanta area is the $1.60 price per square foot A3 Model at Ashley Auburn Pointe in the in the Little Five Points neighborhood starting from $2,047. The second greatest value South Downtown Atlanta apartment is the 1x1 Model at MC Kiser Lofts starting at $2,199 with a $1.84 price per square foot in the Downtown Atlanta 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.
Ashley Auburn PointeA33BR,2BA$1.60
MC Kiser Lofts1x11BR,1BA$1.84
InTown Lofts2 Bed 2 Bath I2BR,2BA$1.59
Pencil Factory FlatsB32BR,2BA$1.73
Glenwood Park LoftsB12BR,2BA$1.72
Ashley Scholars Landing1 Bedroom, 1 Bath - Phase I1BR,1BA$1.88
Villages at CarverThe Diamond1BR,1BA$1.97
The Villages of Castleberry I&IIThe Alder1BR,1BA$1.30
Centennial PlaceThe Columbus1BR,1BA$1.77
Marq on Ponce0DStudio ,1BA$1.99

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 $1,346.

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 $924, while the average apartment in South Downtown Atlanta costs $3,188.

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 210 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 $831 which is $2,357 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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