
Cheap Apartments for Rent in the East Lake Terrace Neighborhood of Decatur, GA from $500 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the East Lake Terrace area of Decatur.


Room in House on Tilson Rd

2829 Belvedere Ln

Villas At Decatur

Ridgewood

The Abernathy Apartments
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1893 Burning Tree Dr

1651 Line Cir

Columbia Senior Residences at Forrest Hills

Golden Apartments

Candler Village

1618 Line Cir
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Eastlake Gardens

Candler Forrest Apartments

1518 Columbia Cir

Stockton Decatur

Brittany Place

2715 Sarazen Ct
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Midwood Glen

Hidden Valley

Royal Manor Apartments

Creekside Apartments

Total Monthly Price
Ella

Grove Gardens
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Park City Place
East Lake Terrace, Decatur, GA Local Guide

How much does it cost to rent an apartment in East Lake Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| East Lake Terrace Studio Apartments | $1,617 | $1,200 | $2,399 |
| East Lake Terrace 1 Bedroom Apartments | $1,680 | $970 | $2,599 |
| East Lake Terrace 2 Bedroom Apartments | $1,786 | $950 | $3,369 |
| East Lake Terrace 3 Bedroom Apartments | $1,919 | $1,195 | $3,871 |
| East Lake Terrace 4 Bedroom Apartments | $2,023 | $2,023 | $2,023 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the East Lake Terrace Neighborhood of Decatur, GA.
See all Apartments in DecaturExplore Decatur
East Lake Terrace, Decatur, GA Local Guide
- Nearby Decatur neighborhoods
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Cheapest Available East Lake Terrace Apartments for Rent
 The cheapest available apartment rental in the East Lake Terrace area of Atlanta, GA is a 1 Bed unit found at Candler Village priced from $899. Villas At Decatur has the second lowest priced unit, which is a 1 Bed apartment currently listed from $970. Here are the most affordable East Lake Terrace apartments for rent in Atlanta, GA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Candler Village | 1x1 | 1BR,1BA | $899 |
| Villas At Decatur | 1 Bed | 1 Bath | 1BR,1BA | $970 |
| Ridgewood | One Bed One Bath | 1BR,1BA | $970 |
| Stockton Decatur | A1 | 1BR,1BA | $999 |
| Midwood Glen | One Bedroom One Bath | 1BR,1BA | $1,000 |
Best Value Apartments for Rent in East Lake Terrace, GA
As of February 22, 2026 the best value apartment in the East Lake Terrace area is the $1.37 price per square foot 135 E Hill St Model at 135 E Hill St in the in the Downtown Decatur neighborhood starting from $1,850. The second greatest value East Lake Terrace apartment is the 3b Model at Candler Reserve starting at $1,580 with a $1.19 price per square foot in the East Lake Meadows neighborhood. Here is today’s list of the best values for East Lake Terrace apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 135 E Hill St | 135 E Hill St | 2BR,1BA | $1.37 |
| Candler Reserve | 3b | 3BR,2BA | $1.19 |
| Everwood Estates | The Oak | 3BR,2BA | $1.20 |
| The Villages Of East Lake | Oglethorpe | 2BR,2BA | $1.49 |
| Park Estates | 2x2 | 2BR,2BA | $1.14 |
| The Meridian | Two Bedroom - 2A | 2BR,2BA | $1.52 |
| Candler Village | 1x1-R | 1BR,1BA | $1.52 |
| Vineyards of Flat Shoals | 1 Bed 1 Bath Large Midlevel Reno | 1BR,1BA | $1.60 |
| Midwood Glen | One Bedroom One Bath | 1BR,1BA | $1.49 |
| Ridgewood | One Bed One Bath | 1BR,1BA | $1.68 |
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.
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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.
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.
Pet Friendly LifestyleEast Lake Terrace, Decatur, GA
Ranked #24
Among cities in Georgia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap East Lake Terrace Apartments
What is a cheap apartment in East Lake Terrace?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East Lake Terrace is under $1,241.
What is the price of a cheap apartment in East Lake Terrace?
The cheapest apartment in East Lake Terrace is Candler Village which is listed at $899, while the average apartment in East Lake Terrace costs $2,023.
What types of apartments are the cheapest in East Lake Terrace?
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 14 regular apartments in East Lake Terrace 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 East Lake Terrace?
Cheap apartments in East Lake Terrace have an average cost of $459 which is $1,564 cheaper than the average rent for all rentals in East Lake Terrace.
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.

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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.