
Cheap Apartments for Rent in the East Lake Terrace Neighborhood of Decatur, GA from $500 (57 Rentals)
Search the lowest-cost Apartments available for rent right now in the East Lake Terrace area of Decatur.


1888 Cannon St

1651 Line Cir

Villas At Decatur

Candler Forrest Apartments

2298 Tilson Cir

The Abernathy Apartments

Eastlake Gardens

1893 Burning Tree Dr

Tranquility at Decatur
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Candler Reserve

1627 Line Cir, Unit 4

Ridgewood

The Meridian

2553-2555 Lloyd Rd

Park Estates

3256 Covington Dr

1610 Line Cir

Solace Grove

Total Monthly Price
Everwood Estates
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1986 Cogar Dr

2533 Kelly Lake Rd

2873 White Oak Dr

Columbia Senior Residences at Forrest Hills

Golden Apartments

Candler Village

Stockton Decatur

Brittany Place

2715 Sarazen Ct

Midwood Glen
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Hidden Valley

Flats at East Atlanta

Skye at Eastlake

Creekside Apartments

Park Valley

Columbia Village

Bolden Pines Apartments

2555 Lloyd Rd

3020 Ember Dr

Woods of Decatur
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1610 Line Cir

White Oak Townhomes

2369 Whites Mill Rd

2533 Kelly Lake Rd

Enclave Oakhurst Village

Room in Apartment on Rockcliff Rd SE

2482 Bouldercliff Way SE

Ella

Element at Kirkwood

Vineyards of Flat Shoals
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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 | $1,638 | $1,248 | $2,679 |
| East Lake Terrace 1 Bedroom Apartments | $1,712 | $970 | $2,275 |
| East Lake Terrace 2 Bedroom Apartments | $1,664 | $950 | $3,389 |
| East Lake Terrace 3 Bedroom Apartments | $1,799 | $1,195 | $3,870 |
| East Lake Terrace 4 Bedroom Apartments | $1,615 | $1,590 | $1,640 |
Browse Apartments in this Neighborhood
There are currently 57 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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Villas At Decatur priced from $970. Candler Forrest Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $975. Here are the most affordable East Lake Terrace apartments for rent in Atlanta, GA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villas At Decatur | 1 Bed | 1 Bath | 1BR,1BA | $970 |
| Candler Forrest Apartments | 2 Beds, 2 baths | 2BR,2BA | $975 |
| Stockton Decatur | A1 | 1BR,1BA | $999 |
| Eastlake Gardens | Haven | 2BR,1BA | $1,030 |
| Ridgewood | One Bed One Bath | 1BR,1BA | $1,170 |
| The Meridian | One Bedroom - 1AB | 1BR,1BA | $1,193 |
| Park Estates | 2x2 | 2BR,2BA | $1,199 |
| Element at Kirkwood | A1 | 1BR,1BA | $1,199 |
| Vineyards of Flat Shoals | 2 Bed 1 Bath | 2BR,1BA | $1,209 |
| Ella | M1f-e | Studio,1BA | $1,248 |
Best Value Apartments for Rent in East Lake Terrace, GA
As of April 09, 2026 the best value apartment in the East Lake Terrace area is the $1.24 price per square foot 3 Beds, 2 baths Model at Candler Forrest Apartments in the in the South DeKalb neighborhood starting from $1,496. The second greatest value East Lake Terrace apartment is the Two Bed Model at Tranquility at Decatur starting at $1,349 with a $1.16 price per square foot in the South DeKalb 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. |
|---|---|---|---|
| Candler Forrest Apartments | 3 Beds, 2 baths | 3BR,2BA | $1.24 |
| Tranquility at Decatur | Two Bed | 2BR,2BA | $1.16 |
| Everwood Estates | Cypress | 2BR,2BA | $1.16 |
| Candler Reserve | 2b | 2BR,2BA | $1.20 |
| Park Estates | 2x2 | 2BR,2BA | $1.14 |
| 139 E Hill St, Unit 42 | 139 E Hill St | 2BR,1.5BA | $1.66 |
| 139 E Hill St, Unit #58 | 139 E Hill St | 2BR,1.5BA | $1.67 |
| Vineyards of Flat Shoals | 2 Bed 1 Bath Large Renovated | 2BR,1BA | $1.57 |
| Eastlake Gardens | Luna | 1BR,1BA | $1.56 |
| Villas At Decatur | 1 Bed | 1 Bath | 1BR,1BA | $1.69 |
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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 #25
Among cities in Georgia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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 $1,248.
What is the price of a cheap apartment in East Lake Terrace?
The cheapest apartment in East Lake Terrace is Villas At Decatur which is listed at $970, while the average apartment in East Lake Terrace costs $1,808.
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 69 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 $534 which is $1,274 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.
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Articles, How-To's, and Tips

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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.