Cheap Apartments for Rent in the Waterlace Neighborhood of Fayetteville, GA from $900 (5 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Waterlace area of Fayetteville.

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.

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.

Waterlace, Fayetteville, GA Local Guide

Cheapest Available Waterlace Apartments for Rent

 

The cheapest available apartment rental in the Waterlace area of Atlanta, GA is a 1 Bed unit found at HearthSide Club Lafayette priced from $945. Retreat at Towne Crossing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here are the most affordable Waterlace apartments for rent in Atlanta, GA:

Apartment ListingModel NameBed/BathPriced From
HearthSide Club LafayetteA11BR,1BA$945
Retreat at Towne Crossing1 Bedroom1BR,1BA$1,300
Retreat at Southpointe1 Bedroom1BR,1BA$1,450

Best Value Apartments for Rent in Waterlace, GA

As of June 23, 2026 the best value apartment in the Waterlace area is the $2.09 price per square foot B1 Model at The Meridian Lafayette in the in the Waterlace neighborhood starting from $2,100. The second greatest value Waterlace apartment is the 1 Bedroom Model at Retreat at Southpointe starting at $1,450 with a $1.60 price per square foot in the Waterlace neighborhood. Here is today’s list of the best values for Waterlace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Meridian LafayetteB12BR,2BA$2.09
Retreat at Southpointe1 Bedroom1BR,1BA$1.60
Retreat at Towne Crossing1 Bedroom with Fireplace1BR,1BA$1.91
Walton FayettevilleA11BR,1BA$2.46

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 Article
Decorative image

Real 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 Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle

Ranked #

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

Pet Friendliness Lifestyle Score

Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Waterlace Apartments

How much is rent for a Cheap One Bedroom Waterlace Apartment?

The lowest price for a Cheap One Bedroom Waterlace Apartment is $945 at HearthSide Club Lafayette.

What is the lowest price for a Cheap Two Bedroom Waterlace Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Waterlace is starting from $2,020 at HearthSide Club Lafayette.

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

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.

decorative image for Top Student Friendly Neighborhoods to Rent Near Colleges in Atlanta article

Top Student Friendly Neighborhoods to Rent Near Colleges in Atlanta

Written by: Brandie Parton

As a member of the Apartment Home Living team, I am honored to share all I know about the fabulous city that I affectionately call ATL.

decorative image for Commute Less, Live More: Top Neighborhoods Near Atlanta's Biggest Companies article

Commute Less, Live More: Top Neighborhoods Near Atlanta's Biggest Companies

Written by: Brandie Parton

Hi there, I am Brandie Parton, your ApartmentHomeLiving.com Local Expert for Atlanta, GA. I love this bustling city that never seems to quit, rest, or become boring.

decorative image for Exploring The World Outside Metro Atlanta: Local Suburbs You Will Want to Know About  article

Exploring The World Outside Metro Atlanta: Local Suburbs You Will Want to Know About

Written by: Brandie Parton

Hi there, I am Brandie, your ApartmentHomeLiving.com local expert for Atlanta, Georgia.

Articles, How-To's, and Tips

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.