13 Most Expensive Neighborhoods in Atlanta to Rent in 2024

Table of Contents


In the heart of the Peach State, Atlanta, GA, combines history, modernity, and Southern hospitality. Landmarks such as the Georgia Aquarium, the World of Coca-Cola, and the Martin Luther King Jr. National Historic Site showcase what the city has to offer its 500,000 residents.

In Atlanta, the average rent for a one-bedroom apartment is $1,857, meaning there are apartments for every budget. But if you’re looking to live in Atlanta’s popular areas, it might cost you more. If that sounds like you, ApartmentGuide can help. We’ve gathered a list of the most expensive neighborhoods in Atlanta to rent an apartment in this year.

13 Expensive Neighborhoods in Atlanta, GA

From Reynoldstown to East Atlanta, there are many Atlanta neighborhoods to consider renting in if you’re looking to be in the heart of the city. You can also find plenty of luxury apartments in the neighborhoods below.

1. Reynoldstown
2. East Atlanta
3. Midtown
4. West Highlands
5. Cabbagetown
6. Old Fourth Ward
7. Inman Park
8. Northeast Atlanta
9. Atlantic Station
10. Lenox
11. North Buckhead
12. Home Park
13. Buckhead

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

cabbagetown neighborhood in atlanta

1. Reynoldstown

Average 1-bedroom rent: $2,442
Apartments for rent in Reynoldstown

Reynoldstown is the most expensive neighborhood in Atlanta, as the average rent for a one-bedroom unit is $2,442. There are plenty of reasons why this neighborhood draws residents. Reynoldstown is home to attractions like the Atlanta BeltLine and The Eastern. This historic neighborhood is close to popular areas like Inman Park, Cabbagetown, and Sweet Auburn, making it a prime location to explore the city. If you’re looking for a taste of the neighborhood, there are a variety of local restaurants to explore, like Muchacho, La Semilla, and ParkGrounds, showcasing Atlanta’s food scene. For renters living in Atlanta without a car, the Inman Park/Reynoldstown subway station is in the area.

2. East Atlanta

Average 1-bedroom rent: $2,400
Apartments for rent in East Atlanta

East Atlanta is a bustling area that’s adjacent to Reynoldstown. This beautiful neighborhood is near lots of attractions like Walker Park and DeKalb Memorial Park. East Atlanta is well-known for its charming shops and cafes along Flat Shoals Avenue and Glenwood Avenue, like The Earl, Argosy, and Flatiron Bar and Grill. The average rent for one-bedroom apartments is $2,400, which is about $600 above the city’s average, making it a pricier neighborhood. However, East Atlanta’s artsy vibe and amenities may be worth it.

3. Midtown

Average 1-bedroom rent: $2,263
Apartments for rent in Midtown

With an average one-bedroom rent of $2,263, Midtown is the third most expensive neighborhood in Atlanta. This neighborhood has plenty of historic homes in styles like Victorian and Craftsman, as well as properties with picturesque views of the cityscape. You can find countless museums and landmarks like the Margaret Mitchell House, the Fox Theatre, MODA, and the High Museum of Art. Midtown is also near the highway and MARTA stops, making it a convenient location for commuters. If you’re looking for a relaxing afternoon, you can find Piedmont Park and the Midtown Historic District in the area.

Learn more about the Midtown neighborhood in Atlanta.

4. West Highlands

Average 1-bedroom rent: $2,250
Apartments for rent in West Highlands

West Highlands is the next most expensive neighborhood in Atlanta. This neighborhood is located a little farther outside the Downtown Atlanta area, but it’s still close to the US 278 highway, making it easy for commuters. West Highlands has plenty of trails like Proctor Creek Greenway and Westside Park.

5. Cabbagetown

Average 1-bedroom rent: $2,200
Apartments for rent in Cabbagetown

Just about 2 miles from Downtown, Cabbagetown is a stellar neighborhood if you want to live close to Downtown. While more expensive, the perks of living in Cabbagetown may help offset the costs. For example, you can live in Atlanta without a car as Cabbagetown is near bus routes. You can also walk to attractions like the Krog Street Tunnel and the Krog Street Market. This artsy neighborhood has plenty of restaurants and bars to check out, such as Agave and Petit Chou.

Learn more about the Cabbagetown neighborhood in Atlanta.

ponce city market in atlanta's old fourth ward neighborhood

6. Old Fourth Ward

Average 1-bedroom rent: $2,127
Apartments for rent in Old Fourth Ward

Next up is Old Fourth Ward, the sixth most expensive neighborhood in Atlanta. Old Fourth Ward is full of history and charm with tree-lined streets, historic buildings, and museums, like Ponce City Market and the Birth Home of Martin Luther King, Jr. This area also has plenty of parks, restaurants, and attractions, so you’ll have lots to explore. Make sure to enjoy the outdoors at Historic Fourth Ward Park or grab a meal at one of the neighborhood restaurants, like Thumbs Up Diner or Bomb Biscuit Atlanta. It’s no wonder the rents are above Atlanta’s average.

Learn more about the Old Fourth Ward neighborhood in Atlanta.

7. Inman Park

Average 1-bedroom rent: $2,111
Apartments for rent in Inman Park

Located east of Old Fourth Ward, Inman Park is the next neighborhood on our list. Inman Park has a friendly atmosphere and vibrant feeling, with plenty of local cafes and restaurants along North Highland Avenue, such as Barcelona Wine Bar and Sotto Sotto. You can also check out some of Inman Park’s green spaces, like Springvale Park and the Eastside BeltLine. Make sure to explore landmarks like Krog Street Market and the Jimmy Carter Presidential Library and Museum, or explore the neighborhood’s Victorian-style homes.

Learn more about the Inman Park neighborhood in Atlanta.

8. Northeast Atlanta

Average 1-bedroom rent: $2,082
Apartments for rent in Northeast Atlanta

Northeast Atlanta takes the eighth spot on our list of most expensive neighborhoods in Atlanta. The average rent for a one-bedroom unit is roughly $200 more than the city’s average. Northeast Atlanta is a great option to consider if you’re looking to be near attractions like Piedmont Park, which is home to the Atlanta Botanical Garden and the Meadow, Morningside Nature Park, or the Midtown neighborhood. Northeast Atlanta is also close to some of the most affordable neighborhoods in Atlanta.

downtown atlanta ferris wheel

9. Atlantic Station

Average 1-bedroom rent: $1,961
Apartments for rent in Atlantic Station

A well-loved Atlanta neighborhood, Atlantic Station is the next area. Atlantic Station is home to the Atlantic Station shopping center and IKEA, meaning there are plenty of places to shop. You’ll find several landmarks in the area, like the Millennium Gate Museum and the Museum of Illusions – Atlanta, so make sure to explore the area’s charm. If you need to commute to work, there are a few bus stops in the area.

10. Lenox

Average 1-bedroom rent: $1,960
Apartments for rent in Lenox

The tenth most expensive neighborhood in Atlanta is Lenox, located in northern Atlanta. This area has a vibrant feeling with its popular restaurants and upscale shops at the Lenox Square Mall. You can find the Sloomoo Institute and LEGO Discovery Center Atlanta, providing residents with lots of opportunities to enjoy their neighborhood. If you’re a renter commuting into the city, it’s easy since the Buckhead MARTA line stops in Lenox.

11. North Buckhead

Average 1-bedroom rent: $1,959
Apartments for rent in North Buckhead

Number 11 on our list is North Buckhead, just north of Lenox. It’s a fantastic area if you’re looking for a neighborhood with lots of shopping areas, parks, and restaurants. For example, you can find plenty of cozy cafes and lively restaurants, like Bistro Niko, South City Kitchen Buckhead, and Buttermilk Kitchen. North Buckhead is also close to parks like Chastain Park and the Blue Heron Nature Preserve.

12. Home Park

Average 1-bedroom rent: $1,901
Apartments for rent in Home Park

Taking the 12th spot is Home Park. The average rent for a one-bedroom apartment is $1,901, compared to the city’s average of $1,857, so it’s only a little more expensive. This neighborhood is close to other popular neighborhoods like Atlantic Station and Midtown. Home Park’s expensive rent may be offset by its famous attractions like Georgia Tech, Terminal West, The Painted Duck, and the Atlantic Station shopping center. The convenience of these activities might be worth it to move to the neighborhood.

13. Buckhead

Average 1-bedroom rent: $1,882
Apartments for rent in Buckhead

Buckhead is the last on our list of most expensive neighborhoods to live in Atlanta. The Buckhead neighborhood is a popular area to consider living in Atlanta, well-known for its luxurious atmosphere, stunning properties, and the Greek-Revival Governor’s mansion. With attractions like Lenox Square, Phipps Plaza, and the Buckhead Theater, there are many reasons this expensive area may be for you. Be sure to check out Chastain Park and the Atlanta History Center to get the most out of the area. You can also explore the charming streets of local bars and restaurants like Peachtree Road and Roswell Road.

Learn more about the Buckhead neighborhood in Atlanta.

Methodology: Whether a neighborhood has an average 1-bedroom rent price over the city’s average. Average rental data from Rent.com in March 2024.



Source link

Leave a Comment

Your email address will not be published. Required fields are marked *

Get An Offer !

High Cash Contract Offers- We Pay Closing Cost
Scroll to Top