Cheap Homes for Rent in East Lake Terrace Neighborhood of Decatur, GA from $500 (25 Rentals)

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Search the lowest-cost Homes available for rent right now in the East Lake Terrace area of Decatur.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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.

The Art of the Rental Viewing: What to look for during a property tour

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.

East Lake Terrace, Decatur, GA Local Guide

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. Vineyards of Flat Shoals has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable East Lake Terrace apartments for rent in Atlanta, GA:

Apartment ListingModel NameBed/BathPriced From
Candler Village1x11BR,1BA$899
Vineyards of Flat Shoals1Bed 1 Bath1BR,1BA$999
Midwood GlenTwo Bedroom One Bath2BR,1BA$1,000
Flats at East Atlanta2A2BR,2BA$1,099
Tranquility at DecaturOne Bed1BR,1BA$1,137

Best Value Apartments for Rent in East Lake Terrace, GA

As of November 12, 2025 the best value apartment in the East Lake Terrace area is the $1.13 price per square foot 3A Model at Flats at East Atlanta in the in the East Atlanta neighborhood starting from $1,499. The second greatest value East Lake Terrace apartment is the 3178 Pinehill Drive Model at 3178 Pinehill Drive, Unit 3178 Pinehill Dr starting at $1,725 with a $1.30 price per square foot in the Winnona Park Historic District neighborhood. Here is today’s list of the best values for East Lake Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Flats at East Atlanta3A3BR,2BA$1.13
3178 Pinehill Drive, Unit 3178 Pinehill Dr3178 Pinehill Drive3BR,1.5BA$1.30
Everwood EstatesThe Oak3BR,2BA$1.21
Canopy East Lake ApartmentsC1 3BR,2BA$1.56
The Villages Of East LakeOglethorpe2BR,2BA$1.49
Candler Reserve2b2BR,2BA$1.20
Midwood GlenThree Bedroom 1.5 Bath3BR,1.5BA$1.31
Tranquility at DecaturOne Bed1BR,1BA$1.30
1602 Line Cir, Unit 1602 Line Cir - Unit 31602 Line Cir2BR,1BA$1.18
Candler Village1x1-R1BR,1BA$1.52

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick 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.

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Pet Friendly Lifestyle
East Lake Terrace, Decatur, GA

Ranked #27

Among cities in Georgia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about East Lake Terrace

What type of rentals are currently available in East Lake Terrace?

There are currently 98 Apartments for Rent in East Lake Terrace, GA with pricing that ranges from $800 to $3,896. There are also 169 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Lake Terrace ranging from $557 to $8,500.

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 $557 to $8,500 with an average monthly rent of $2,819.

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 $1,270 to $3,896, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $7,000. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $2,023.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.