Cheap Homes for Rent in Parkwood Neighborhood of Atlanta, GA from $1,000 (29 Rentals)

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Search the lowest-cost Homes available for rent right now in the Parkwood area of Atlanta.

property at 1618 Line Cir

1618 Line Cir

DecaturGA30032
property at 9 Clay St SE

9 Clay St SE

AtlantaGA30317

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

Read Article
property at 228 Olympic Pl

228 Olympic Pl

DecaturGA30030
Showing Results 1-29, Page 1 of 1

Parkwood, Atlanta, GA Local Guide

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 Pines on Scott priced from $1,199. 1494 Memorial Drive has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here are the most affordable Parkwood apartments for rent in Atlanta, GA:

Apartment ListingModel NameBed/BathPriced From
The Pines on Scott1BR/1BA1BR,1BA$1,199
1494 Memorial DriveMagnolia1BR,1BA$1,200
Spoke ApartmentsE1Studio,1BA$1,228
The Orleans of DecaturToulouse1BR,1BA$1,235
The BaxterS1Studio,1BA$1,245
1570 Memorial Drive1BR/1.0BA1BR,1BA$1,295
QuillWorkForce StudiosStudio,1BA$1,299
Cortland Decatur EastAdairStudio,1BA$1,341
Element at Kirkwood1 bed + Den1BR,1BA$1,349
Ponce Properties081BR,1BA$1,350

Best Value Apartments for Rent in Parkwood, GA

As of March 26, 2025 the best value apartment in the Parkwood area is the $0.41 price per square foot 317 Morgan Pl SE Model at 317 Morgan Pl SE in the in the Adair Park neighborhood starting from $1,280. The second greatest value Parkwood apartment is the Richard Model at Towns on Church starting at $3,169 with a $1.79 price per square foot in the Downtown Decatur neighborhood. Here is today’s list of the best values for Parkwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
317 Morgan Pl SE317 Morgan Pl SE1BR,1BA$0.41
Towns on ChurchRichard4BR,3.5BA$1.79
139 E Hill St, Unit #58139 E Hill St2BR,1.5BA$1.68
Element at KirkwoodB12BR,1BA$1.53
Amberidge Apartments2x12BR,1BA$1.90
The Apartments at President Park1 Bedroom 1 Bathroom1BR,1BA$1.82
860 Briarcliff Road1x1 LRG1BR,1BA$1.65
The Pines on Scott1BR/1BA1BR,1BA$1.61
CanopyA31BR,1BA$1.92
1570 Memorial Drive1BR/1.0BA1BR,1BA$1.92

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Frequently Asked Questions about Parkwood

What type of rentals are currently available in Parkwood?

There are currently 209 Apartments for Rent in Parkwood, GA with pricing that ranges from $540 to $11,900. There are also 105 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkwood ranging from $1,000 to $12,000.

What is the current price range for Rental Homes in Parkwood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Parkwood ranges from $1,000 to $12,000 with an average monthly rent of $3,969.

How much are larger Three and Four Bedroom Rentals in Parkwood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Parkwood range from $930 to $9,570, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $8,600. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $2,015.

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 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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.