10 Most Affordable Neighborhoods in Atlanta, GA in 2024

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Atlanta, GA, is a vibrant Southern city renowned for its rich history, dynamic culture, and booming culinary scene. Home to approximately 498,000 residents, Atlanta has iconic landmarks such as the Georgia Aquarium, the Martin Luther King Jr. National Historic Site, and the Atlanta Botanical Garden. In Atlanta, the average rent for a studio apartment is $1,614, while a one-bedroom unit averages $1,750.

Whether you’re new to Atlanta or in search of more budget-friendly areas, ApartmentGuide is here to help. We’ve compiled a list of the most affordable neighborhoods in Atlanta to rent this year.

best neighborhoods in atlanta

10 Affordable Neighborhoods in Atlanta, GA

Atlanta is home to an array of neighborhoods, each adding its own unique flavor to the city’s vibrant culture. From Loring Heights to Summerhill, Atlanta’s neighborhoods cater to various budgets. Let’s see what areas made the list.

1. Southside
2. Mechanicsville
3. Loring Heights
4. Pittsburgh
5. East Lake
6. Pine Hills
7. Summerhill
8. Brookwood
9. Northwest Atlanta
10. Underwood Hills

Read on to see what each neighborhood has to offer its residents.

1. Southside

Average studio rent: $1,430
Average 1-bedroom rent: $1,200
Apartments for rent in Southside

Southside is the most affordable neighborhood in Atlanta, as the average rent for a one-bedroom unit is $1,200. There are many reasons to love living in Southside, from attractions like the Southside Park and Zoo to venues like Lakewood Amphitheatre. If you’re looking for a taste of the neighborhood, there are a variety of local restaurants to explore, showcasing Atlanta’s food scene.

2. Mechanicsville

Average studio rent: $1,595
Average 1-bedroom rent: $1,265
Apartments for rent in Mechanicsville

Mechanicsville is a bustling area just south of downtown Atlanta. This affordable neighborhood has many attractions, such as Believe Music Hall and Rosa Burney Park. It’s also significantly less expensive than Downtown Atlanta, but you’re still close enough to explore the area and check out sites like the Fairlie-Poplar District and the Georgia Capitol Museum.

3. Loring Heights

Average studio rent: $1,077
Average 1-bedroom rent: $1,323
Apartments for rent in Loring Heights

With an average one-bedroom rent of $1,323, Loring Heights is the third-most affordable neighborhood in Atlanta. This neighborhood is an awesome option and is near attractions like Loring Heights Park and Tanyard Creek Greenspace. There are also picturesque views of the cityscape, so this area is great for exploring and enjoying Atlanta.

cars sitting in traffic in atlanta

4. Pittsburgh

Average studio rent: $1,477
Average 1-bedroom rent: $1,333
Apartments for rent in Pittsburgh

Pittsburgh is the fourth-most affordable neighborhood in Atlanta, just south of Mechanicsville. This neighborhood is a great option if you’re looking to rent in a more residential area. You can find parks like Pittman Park and access to the Beltline, a popular trail.

5. East Lake

Average studio rent: $1,250
Average 1-bedroom rent: $1,447
Apartments for rent in East Lake

Just about 5 miles from downtown, East Lake is a stellar neighborhood if you want to live outside of the downtown corridor. There are some great parks nearby, like East Lake Park and East Lake Golf Club. There are also a few bus routes in the area, particularly along Hosea L. Williams Drive, where you can also find some charming cafes.

6. Pine Hills

Average studio rent: $1,175
Average 1-bedroom rent: $1,492
Apartments for rent in Pine Hills

Next up is Pine Hills, the sixth-most affordable neighborhood in Atlanta. Pine Hills is full of history and charm, with tree-lined streets and parks. Make sure to enjoy the outdoors at Pine Hills Park or grab a meal at one of the neighborhood restaurants. You can also check out the nearby Peachtree Park Nature Trail or explore the Peachtree Highlands Historic District. There’s something for everyone living in Pine Hills.

7. Summerhill

Average studio rent: $1,593
Average 1-bedroom rent: $1,500
Apartments for rent in Summerhill

East of downtown, Summerhill is the seventh-most affordable neighborhood in Atlanta. Summerhill has a friendly atmosphere and community feeling, with plenty of local cafes and restaurants along Georgia Avenue, such as Wood’s Chapel BBQ and Maepole. You can also check out some of Summerhill’s green spaces, like Phoenix II Park, or watch a Georgia State University game at Center Parc Stadium.

Learn more about the Summerhill neighborhood in Atlanta.

cabbagetown neighborhood in atlanta

8. Brookwood

Average studio rent: $1,259
Average 1-bedroom rent: $1,519
Apartments for rent in Brookwood

Brookwood takes the eighth spot on our list of most affordable neighborhoods in Atlanta. The average rent for a one-bedroom unit is roughly $1,519, making Brookwood a great option to consider. It’s north of downtown and is primarily a residential area. It’s also near several freeways and the Atlanta Peachtree Station, so getting around the city is easy. You can also catch the Northside Trail, a popular walking and cycling trail in the neighborhood.

9. Northwest Atlanta

Average studio rent: $1,425
Average 1-bedroom rent: $1,610
Apartments for rent in Northwest Atlanta

Northwest Atlanta is the next area on our list. A well-known Atlanta neighborhood, Northwest Atlanta is home to Westside Park, Terminal West, and the Trap Music Museum, meaning there’s plenty to do throughout the week. You’ll find countless historic buildings in Northwest Atlanta, so make sure to explore the area’s charm. If you need to commute to work, there are many nearby bus routes.

10. Underwood Hills

Average studio rent: $1,412
Average 1-bedroom rent: $1,622
Apartments for rent in Underwood Hills

Underwood Hills is the final affordable neighborhood in Atlanta to make our list. This area has a vibrant feeling with its local breweries and restaurants. You can find parks like Underwood Hills Park, which is perfect for enjoying a sunny day in Atlanta. Underwood Hills is also close to I-75 freeway, making it easy to commute into Downtown Atlanta.

Methodology: Affordability based on whether a neighborhood has average studio and 1-bedroom rent prices under the city’s average. Average rental data from Rent.com in March 2024.



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