Cheap Homes for Rent in East Lake Terrace Neighborhood of Decatur, GA from $400 (18 Rentals)

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

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.

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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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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 2 Beds unit found at Eastlake Gardens priced from $971. 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 ListingModel NameBed/BathPriced From
Eastlake GardensB12BR,1BA$971
Candler Forrest Apartments2 Beds, 2 baths2BR,2BA$975
The Woodridge Apartment HomesB12BR,2BA$1,025
RidgewoodOne Bed One Bath1BR,1BA$1,050
Royal Manor Apartments1 Bed/1 Bath1BR,1BA$1,075

Best Value Apartments for Rent in East Lake Terrace, GA

As of July 30, 2025 the best value apartment in the East Lake Terrace area is the $1.53 price per square foot Oglethorpe Model at The Villages Of East Lake in the in the Candler Park neighborhood starting from $1,785. The second greatest value East Lake Terrace apartment is the The Cypress Model at Everwood Estates starting at $1,299 with a $1.12 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Villages Of East LakeOglethorpe2BR,2BA$1.53
Everwood EstatesThe Cypress2BR,2BA$1.12
The Woodridge Apartment HomesB12BR,2BA$0.89
Swift Creek Apartments3 Beds, 2 baths3BR,2BA$1.33
Park Estates2BR/2BA2BR,2BA$1.31
139 E Hill St, Unit #55139 E Hill St2BR,1.5BA$1.43
Candler Forrest Apartments2 Beds, 2 baths2BR,2BA$0.97
1642 Line St, Unit 1642 Line St #3 Decatur1642 Line St2BR,1BA$1.15
Royal Manor Apartments1 Bed/1 Bath1BR,1BA$1.26
Candler Reserve1b1BR,1BA$1.49

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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 96 Apartments for Rent in East Lake Terrace, GA with pricing that ranges from $800 to $3,801. There are also 129 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Lake Terrace ranging from $450 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 $450 to $8,500 with an average monthly rent of $2,552.

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 $3,801, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $7,500. Four Bedroom Single-Family rentals are also available starting from $1,695 and Four Bedroom Apartments start at $1,823.

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.

decorative image for An Atlanta Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in the Atlanta Area article

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.