Best Affordable Neighborhoods for Renters in Atlanta

Atlanta’s thriving job market and exciting cultural scene make it a highly desirable city for renters. While the cost of living here is 9% higher than the Georgia state average, it remains 2% lower than the national norm. However, rising rents are encouraging budget-conscious renters to explore lesser-known neighborhoods. These areas offer a similar quality of life but at a more affordable price, making them an attractive option for those seeking a rental apartment.

Fortunately, Atlanta has several budget-friendly neighborhoods where renters can enjoy a great quality of life without breaking the bank. We curated five best options for you, including:

• Silverwood Estates
• Beaver Creek
• Ashley Downs
• Beacon Hills
• Lakewood Heights

These affordable neighborhoods offer rents below the national average, access to amenities, and a welcoming atmosphere that’s ideal for renters looking for apartments in Atlanta.

Silverwood Estates: Affordable convenience

Average rent as of January 2025: $1,192

Silverwood Estates is one of the best affordable neighborhoods in Atlanta, where renters enjoy both reasonable prices and easy access to amenities. Apartment communities here often feature amenities like swimming pools, fitness centers, and pet-friendly policies. With easy access to public transportation and local shopping centers, Silverwood Estates is perfect for renters who value both affordability and convenience.

Beaver Creek: A tranquil suburban escape

Average rent as of January 2025: $1,202

Beaver Creek offers renters an affordable suburban lifestyle — a quiet neighborhood for those looking for a peaceful environment, without being too far from the city. Renters here enjoy spacious apartments, access to parks, and a strong sense of community. Shopping centers, grocery stores, and local dining options are conveniently nearby, making day-to-day life hassle-free.

Ashley Downs: Comfortable living for less

Average rent as of January 2025: $1,202

For renters looking for a mix of affordability and comfort, Ashley Downs is a budget-friendly neighborhood for those seeking a suburban feel. This area boasts well-maintained apartment complexes, ample green spaces, and proximity to major highways. Local amenities include grocery stores, restaurants, and entertainment options, offering everything a renter needs for a comfortable lifestyle.

Beacon Hills: Community charm

Average rent as of January 2025: $1,202

Beacon Hills stands out as one of the best affordable neighborhoods in Atlanta, with renters in this community enjoying a suburban atmosphere with tree-lined streets and family-friendly parks. The neighborhood is also home to various local businesses and eateries, providing a small-town feel within the larger Atlanta metro area. Its affordability and charm make it a great option for renters looking to balance cost and quality of life.

Lakewood Heights: Urban living with character

Average rent as of January 2025: $1,448

Lakewood Heights is a great option for those looking for affordability within city limits. This neighborhood blends historic charm with a growing community, making it attractive to renters who want an urban feel without Midtown or Buckhead Village prices. The area has plenty of green spaces, including Lakewood Park, and easy access to downtown Atlanta. Renters will also appreciate the local restaurants, coffee shops, and the community-focused atmosphere.

Atlanta has plenty of affordable neighborhoods where renters can find quality housing without stretching their budgets too far. Whether you prefer the urban vibe of Lakewood Heights or the suburban charm of Beacon Hills, these budget-friendly neighborhoods offer great options.

Interested in affordable neighborhoods in other cities? Explore our guides for Denver; Miami; Minneapolis; Reno, NV; Columbus, OH; Hialeah, FL; Fayetteville, NC; Salt Lake City; Washington, DC; Knoxville, TN; and St. Paul, MN.