Cheap Apartments for Rent in the South Downtown Atlanta Neighborhood of Atlanta, GA from $800 (49 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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Marchon
Rent Specials
$1,365 - $2,236
Total Monthly Price

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$1,365 - $2,236
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Studio to 2 Bedroom Apartments Available Now

Marchon

Grant 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
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Pencil Factory Flats
Rent Specials
$1,473 - $2,397
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$1,473 - $2,397
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1 to 2 Bedroom Apartments Available Now

Pencil Factory Flats

349 Decatur St SEAtlanta, GA 30312
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The Grace Residences
Rent Specials
$1,522 - $3,668
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$1,522 - $3,668
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Studio to 3 Bedroom Apartments Available Now

The Grace Residences

200 Nerem St NWAtlanta, GA 30332
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505 Courtland
Rent Specials
$1,542 - $3,686
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$1,542 - $3,686
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Studio to 3 Bedroom Apartments Available Now

505 Courtland

505 Courtland St NEAtlanta, GA 30308
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Ascent Peachtree
Rent Specials
$1,681 - $5,565
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$1,681 - $5,565
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Studio to 3 Bedroom Apartments Available Now

Ascent Peachtree

161 Peachtree Center AveAtlanta, GA 30303
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property at 170 Piedmont Ave SE

$2,500

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$2,500
Total Monthly Price
$2,500

3 Bedroom, 3 Bath Townhome for Rent

Available Now

170 Piedmont Ave SE

AtlantaGA30303
Showing Results 1-49, 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 Studio unit found at Crest on Peachtree priced from $899. The Villages of Castleberry I&II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $924. Here are the most affordable South Downtown Atlanta apartments for rent in Atlanta, GA:

Apartment ListingModel NameBed/BathPriced From
Crest on PeachtreePonceStudio,1BA$899
The Villages of Castleberry I&IIThe Alder1BR,1BA$924
Mechanicsville Family Apartments1 Bed, 1 bath1BR,1BA$949
Ashley Auburn PointeA11BR,1BA$1,147
Centennial PlaceThe Columbus1BR,1BA$1,216
Marq on Ponce0CStudio,1BA$1,289
The Atlantic North HighlandGeorgian - A1B1BR,1BA$1,296
The MaverickS1Studio,1BA$1,310
Modera Westside TrailS01Studio,1BA$1,312
Stella at Star MetalsS2Studio,1BA$1,315

Best Value Apartments for Rent in South Downtown Atlanta, GA

As of May 23, 2026 the best value apartment in the South Downtown Atlanta area is the $1.58 price per square foot 2 Bed 2 Bath J Model at InTown Lofts in the in the Centennial Place neighborhood starting from $1,862. The second greatest value South Downtown Atlanta apartment is the The Washington Model at Villages at Carver starting at $1,743 with a $1.53 price per square foot in the Summerhill 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.
InTown Lofts2 Bed 2 Bath J2BR,2BA$1.58
Villages at CarverThe Washington3BR,2BA$1.53
Pencil Factory FlatsB32BR,2BA$1.82
Ashley Auburn PointeA11BR,1BA$1.52
Mechanicsville Family Apartments1 Bed, 1 bath1BR,1BA$1.27
The Villages of Castleberry I&IIThe Alder1BR,1BA$1.30
City PlazaExecutive1BR,1BA$2.11
The Atlantic North HighlandMitchell - A1A1BR,1BA$1.89
Centennial PlaceThe Columbus1BR,1BA$1.77
Marq on Ponce0CStudio ,1BA$2.07

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 $1,315.

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 $3,125.

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 342 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 $879 which is $2,246 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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