Cheap Apartments for Rent in the Downtown Atlanta Neighborhood of Atlanta, GA from $400 (24 Rentals)

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

Search the lowest-cost Apartments available for rent right now in the Downtown Atlanta area of Atlanta.

Atlanta's Best Affordable Neighborhoods

Learn about Atlanta and the best places to live with original content written by our Atlanta, GA Local Expert Jan Boling

close
View Me
UNITY PLACE
1 to 4 Bedroom Apartments

UNITY PLACE

744 North Ave NWAtlanta, GA 30318
Military
close
View Me
Inspire
Studio to 5 Bedroom Apartments

Inspire

564 Centennial Olympic Park Dr NWAtlanta, GA 30313
Student Housing
close
View Me
Villa at the Dome
3 Bedroom Apartments

Villa at the Dome

515 Rhodes St NWAtlanta, GA 30314
  • Utilities Included
close
View Me
396 Rawson St
1 to 2 Bedroom Apartments

396 Rawson St

396 Rawson StAtlanta, GA 30312
close
View Me
Intown and Stonewall Lofts
Studio to 3 Bedroom Apartments

Intown and Stonewall Lofts

170 Northside Dr SWAtlanta, GA 30313
  • Utilities Included
  • Smoke Free
close
View Me
700 Neal St
2 Bedroom Apartments

700 Neal St

700 Neal StAtlanta, GA 30318

Downtown Atlanta, Atlanta, GA Local Guide

Cheapest Available Downtown Atlanta Apartments for Rent

 

The cheapest available apartment rental in the Downtown Atlanta area of Atlanta, GA is a 4 Beds unit found at The Mix Apartments priced from $995. Mechanicsville Family Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Downtown Atlanta apartments for rent in Atlanta, GA:

Apartment ListingModel NameBed/BathPriced From
The Mix ApartmentsD34BR,4BA$995
Mechanicsville Family Apartments1 Bed, 1 bath1BR,1BA$999
Westside Future Fund2Bed1Bth1BR,1BA$1,008
City PlazaExecutive1BR,1BA$1,030
Ascent PeachtreeStudio (563 SF)Studio,1BA$1,161

Best Value Apartments for Rent in Downtown Atlanta, GA

As of April 17, 2025 the best value apartment in the Downtown Atlanta area is the $1.71 price per square foot Marquis Model at City Plaza in the in the Downtown Atlanta neighborhood starting from $1,995. The second greatest value Downtown Atlanta apartment is the B1 Model at Victory At Summerhill starting at $1,724 with a $1.82 price per square foot in the Little Five Points neighborhood. Here is today’s list of the best values for Downtown Atlanta apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
City PlazaMarquis2BR,2BA$1.71
Victory At SummerhillB12BR,2BA$1.82
Capitol GatewayCharleston2BR,1BA$1.59
The Vine at Ashley Scholars LandingVine 2A2BR,2BA$1.83
Pencil Factory FlatsA51BR,1BA$1.49
Skyline ATLThe Buckhead1BR,1BA$1.79
Ashley Auburn PointeA11BR,1BA$1.54
Mechanicsville Family Apartments1 Bed, 1 bath1BR,1BA$1.33
Piedmont Pad ApartmentsThe Mercer II1BR,1BA$1.88
Auburn GlennCabbagetown1BR,1BA$1.79

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
Downtown Atlanta, Atlanta, GA

Ranked #71

Among neighborhoods in Atlanta, GA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, areas, and rental properties across Georgia, including Atlanta. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and easy access to the parks, transit availability, pet-friendly communities, features that make it easier to raise kids, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Downtown Atlanta Apartments

What is a cheap apartment in Downtown Atlanta?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Atlanta is under $1,250.

What is the price of a cheap apartment in Downtown Atlanta?

The cheapest apartment in Downtown Atlanta is Mechanicsville Family Apartments which is listed at $999, while the average apartment in Downtown Atlanta costs $1,988.

What types of apartments are the cheapest in Downtown Atlanta?

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 83 regular apartments in Downtown Atlanta 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 Downtown Atlanta?

Cheap apartments in Downtown Atlanta have an average cost of $617 which is $1,371 cheaper than the average rent for all rentals in Downtown Atlanta.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.