
Cheap Homes for Rent in the East Lake Terrace Neighborhood of Decatur, GA from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the East Lake Terrace area of Decatur.


3159 Bobolink Dr

3159 Bobolink Dr

3159 Bobolink Dr
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1635 Line Cir

1596 Line Cir

2026 Connie Ln

3020 Ember Dr
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1994 Don Juan Ln
East Lake Terrace, Decatur, GA Local Guide

How much does it cost to rent a home in East Lake Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| East Lake Terrace 2 Bedroom Homes for Rent | $1,602 | $945 | $2,495 |
| East Lake Terrace 3 Bedroom Homes for Rent | $2,466 | $1,000 | $6,500 |
| East Lake Terrace 4 Bedroom Homes for Rent | $2,836 | $1,745 | $7,000 |
| East Lake Terrace 5 Bedroom Homes for Rent | $4,111 | $1,895 | $6,900 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the East Lake Terrace Neighborhood of Decatur, GA.
Explore Decatur
East Lake Terrace, Decatur, GA Local Guide
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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 Golden Apartments priced from $820. 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 |
|---|---|---|---|
| Golden Apartments | 1 Beds, 1 Baths | 1BR,1BA | $820 |
| Villas At Decatur | 1 Bed | 1 Bath | 1BR,1BA | $970 |
| Ridgewood | One Bed One Bath | 1BR,1BA | $975 |
Best Value Apartments for Rent in East Lake Terrace, GA
As of July 19, 2026 the best value apartment in the East Lake Terrace area is the $0.94 price per square foot 1557 Conway Rd Model at 1557 Conway Rd, Unit B in the in the Downtown Decatur neighborhood starting from $1,600. 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. |
|---|---|---|---|
| 1557 Conway Rd, Unit B | 1557 Conway Rd | 3BR,1BA | $0.94 |
| Tranquility at Decatur | Two Bed | 2BR,2BA | $1.16 |
| Everwood Estates | Cypress | 2BR,2BA | $1.16 |
| The Abernathy Apartments | B1 | 2BR,2BA | $0.98 |
| Swift Creek Apartments | 3 Beds, 2 baths | 3BR,2BA | $1.32 |
| White Oak Townhomes | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.18 |
| Park Estates | A1 | 2BR,2BA | $1.14 |
| Candler Forrest Apartments | 2 Beds, 2 baths | 2BR,2BA | $1.15 |
| 1607 Line Cir, Unit 2 | 1607 Line Cir | 2BR,1BA | $1.12 |
| Golden Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1.26 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 #21
Among cities in Georgia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about East Lake Terrace
What type of rentals are currently available in East Lake Terrace?
There are currently 96 Apartments for Rent in East Lake Terrace, GA with pricing that ranges from $950 to $8,552. There are also 115 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Lake Terrace ranging from $750 to $7,000.
What is the current price range for Rental Homes in East Lake Terrace?
Today's rental pricing for Homes for Rent, Condos and Townhomes in East Lake Terrace ranges from $750 to $7,000 with an average monthly rent of $2,564.
How much are larger Three and Four Bedroom Rentals in East Lake Terrace?
For those who are looking for larger living arrangements, Three Bedroom Apartments in East Lake Terrace range from $1,320 to $3,870, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $6,500. Four Bedroom Single-Family rentals are also available starting from $1,745 and Four Bedroom Apartments start at $1,565.
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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