
Cheap Apartments for Rent in the South Downtown Atlanta Neighborhood of Atlanta, GA from $800 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Downtown Atlanta area of Atlanta.


Crest on Peachtree

Ashley Scholars Landing

InTown Lofts

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Biltmore at Midtown

City Plaza

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131 Ponce

Ashley Auburn Pointe

The Maverick
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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.

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Centennial Place

The Atlantic North Highland

MAA Centennial Park

Sentral West Midtown at Star Metals

Platform Grant Park

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Lofts at Centennial Yards South

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Modera Westside Trail

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The Lookout O4W

Marq on Ponce
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Mitchell

Castleberry Park

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Link Apartments® Grant Park

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Bexley Summerhill

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Generation Atlanta

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Pencil Factory Flats

555 Boulevard

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The Grace Residences

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Verge Apartments
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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smith and Porter

Stella at Star Metals

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The Upton

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505 Courtland

Citizen on the Beltline

Flats on Maple Street

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Ascent Peachtree

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Highland Walk Apartments

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Lumen Grant Park
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AMLI Parkside

MC Kiser Lofts

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Block Lofts

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The Dagny Midtown Apartments

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Anthem on Ashley

Trace Midtown Luxury Apartments

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The Juniper

326 Nelson St SW

20 Marietta St NW
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215 Mitchell St SW

2 Peachtree St NW
South Downtown Atlanta, Atlanta, GA Local Guide

How much does it cost to rent an apartment in South Downtown Atlanta?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Downtown Atlanta Studio Apartments | $1,606 | $899 | $2,810 |
| South Downtown Atlanta 1 Bedroom Apartments | $2,003 | $1,045 | $6,335 |
| South Downtown Atlanta 2 Bedroom Apartments | $2,905 | $970 | $10,000+ |
| South Downtown Atlanta 3 Bedroom Apartments | $3,159 | $890 | $10,000+ |
| South Downtown Atlanta 4 Bedroom Apartments | $1,230 | $809 | $1,505 |
Browse Apartments in this Neighborhood
There are currently 47 rentals with your search options within a 2 mile radius of the South Downtown Atlanta Neighborhood of Atlanta, GA.
See all Apartments in AtlantaExplore Atlanta
Cheapest Available South Downtown Atlanta Apartments for Rent
 The cheapest available apartment rental in the South Downtown Atlanta area of Atlanta, GA is a 3 Beds unit found at The Villages of Castleberry I&II priced from $890. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Villages of Castleberry I&II | The Benton | 3BR,2BA | $890 |
| Crest on Peachtree | Ponce | Studio,1BA | $899 |
| Ashley Scholars Landing | Studio - Phase I | Studio,1BA | $975 |
| Biltmore at Midtown | S01 0 Bed 1 Bath | Studio,1BA | $1,110 |
| The Maverick | S2 | Studio,1BA | $1,206 |
| Centennial Place | The Columbus | 1BR,1BA | $1,216 |
| 131 Ponce | AL3 | Studio,1BA | $1,246 |
| The Atlantic North Highland | Georgian - A1B | 1BR,1BA | $1,253 |
| Sentral West Midtown at Star Metals | S2 | Studio,1BA | $1,273 |
| MAA Centennial Park | Studio 0x1 504 SF-FP | Studio,1BA | $1,275 |
Best Value Apartments for Rent in South Downtown Atlanta, GA
As of April 06, 2026 the best value apartment in the South Downtown Atlanta area is the $1.52 price per square foot A3 Model at Ashley Auburn Pointe in the in the Little Five Points neighborhood starting from $1,945. The second greatest value South Downtown Atlanta apartment is the C3 Model at Square On 5th starting at $1,385 with a $1.14 price per square foot in the Midtown neighborhood. Here is today’s list of the best values for South Downtown Atlanta apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ashley Auburn Pointe | A3 | 3BR,2BA | $1.52 |
| Square On 5th | C3 | 3BR,3BA | $1.14 |
| InTown Lofts | 2 Bed 2 Bath J | 2BR,2BA | $1.58 |
| Smith and Porter | B1 | 2BR,2BA | $1.99 |
| Flats on Maple Street | 2 Bed 2 Bath | 2BR,2BA | $1.65 |
| City Plaza | Georgian | 2BR,2BA | $1.50 |
| The Villages of Castleberry I&II | The Alder | 1BR,1BA | $1.30 |
| Cortland Old Fourth Ward | Cabbagetown - Premium | 1BR,1BA | $2.05 |
| The Atlantic North Highland | Mitchell - A1A | 1BR,1BA | $1.98 |
| Ashley Scholars Landing | Studio - Phase I | Studio ,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 $1,275.
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 $2,488.
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 353 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 $910 which is $1,578 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.
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.
Articles, How-To's, and Tips

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.