
Cheap Apartments for Rent in the Parkwood Neighborhood of Atlanta, GA from $600 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkwood area of Atlanta.


905 Briarcliff Rd NE, Unit Lux 1 BR

Spoke Apartments

Quill

Element at Kirkwood

Room in House on Morgan Pl SE

1570 Memorial Drive

The Villages Of East Lake

LaFrance Square
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Columbia Senior Residences at Edgewood
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

1627 Line Cir

The Baxter

The Pines on Scott

1406 Church St

Cortland Decatur East

Notion

Arlo Decatur Apartments

Willis Avondale Estates Apartments

224 Buchanan Terrace
Parkwood, Atlanta, GA Local Guide

How much does it cost to rent an apartment in Parkwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Parkwood Studio Apartments | $1,945 | $1,050 | $9,929 |
Parkwood 1 Bedroom Apartments | $1,936 | $1,190 | $6,859 |
Parkwood 2 Bedroom Apartments | $2,550 | $995 | $6,335 |
Parkwood 3 Bedroom Apartments | $3,601 | $980 | $9,340 |
Parkwood 4 Bedroom Apartments | $4,957 | $2,015 | $9,150 |
Browse Apartments in this Neighborhood
There are currently 48 rentals with your search options within a 2 mile radius of the Parkwood Neighborhood of Atlanta, GA.
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Parkwood, Atlanta, GA Local Guide
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Cheapest Available Parkwood Apartments for Rent
 The cheapest available apartment rental in the Parkwood area of Atlanta, GA is a 1 Bed unit found at The Orleans of Decatur priced from $1,175. The Baxter has the second lowest priced unit, which is a Studio apartment currently listed from $1,195. Here are the most affordable Parkwood apartments for rent in Atlanta, GA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Orleans of Decatur | Toulouse | 1BR,1BA | $1,175 |
The Baxter | S1 | Studio,1BA | $1,195 |
The Pines on Scott | 1BR/1BA | 1BR,1BA | $1,199 |
1494 Memorial Drive | Magnolia | 1BR,1BA | $1,200 |
Spoke Apartments | E1 | Studio,1BA | $1,228 |
Quill | WorkForce Studios | Studio,1BA | $1,249 |
Element at Kirkwood | A1 | 1BR,1BA | $1,275 |
1570 Memorial Drive | 1BR/1.0BA | 1BR,1BA | $1,295 |
Canopy | S1 | Studio,1BA | $1,300 |
Best Value Apartments for Rent in Parkwood, GA
As of April 23, 2025 the best value apartment in the Parkwood area is the $1.79 price per square foot Richard Model at Towns on Church in the in the Downtown Decatur neighborhood starting from $3,169. The second greatest value Parkwood apartment is the C3A Model at Bell Morningside starting at $3,275 with a $1.95 price per square foot in the Morningside-Lenox Park neighborhood. Here is today’s list of the best values for Parkwood apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Towns on Church | Richard | 4BR,3.5BA | $1.79 |
Bell Morningside | C3A | 3BR,3BA | $1.95 |
Briarcliff Court Condos | Chestnut | 2BR,2BA | $1.80 |
Amberidge Apartments | 2x1 | 2BR,1BA | $1.90 |
860 Briarcliff Road | 1x1 LRG | 1BR,1BA | $1.65 |
The Pines on Scott | 1BR/1BA | 1BR,1BA | $1.61 |
Element at Kirkwood | A1 | 1BR,1BA | $1.82 |
905 Briarcliff Rd NE, Unit Lux 1 BR | 905 Briarcliff Rd NE | 1BR,1BA | $1.75 |
1570 Memorial Drive | 1BR/1.0BA | 1BR,1BA | $1.92 |
1494 Memorial Drive | Magnolia | 1BR,1BA | $2.00 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleParkwood, Atlanta, GA
Ranked #76
Among neighborhoods in Atlanta, GA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
Our team of engineers and researchers compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Georgia and customized analysis for East Central Atlanta. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, places to raise kids, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Parkwood Apartments
What is a cheap apartment in Parkwood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Parkwood is under $1,300.
What is the price of a cheap apartment in Parkwood?
The cheapest apartment in Parkwood is The Orleans of Decatur which is listed at $1,175, while the average apartment in Parkwood costs $3,095.
What types of apartments are the cheapest in Parkwood?
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 15 regular apartments in Parkwood 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 Parkwood?
Cheap apartments in Parkwood have an average cost of $269 which is $2,826 cheaper than the average rent for all rentals in Parkwood.
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.

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.

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.

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.

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.