Atlanta is known for its affordable cost of living, making it an attractive place for those looking to save money. If you’re considering a move to Atlanta and want to find an area that won’t break the bank, you’ve come to the right place.
If you’re short on time, here’s a quick answer to your question: Some of the most affordable areas in Atlanta include South Fulton, College Park, East Point, and Forest Park, with average rents between $800-$1100 per month.
In this comprehensive guide, we’ll cover everything you need to know about finding an affordable place to live in Atlanta, including a breakdown of the cheapest neighborhoods, average rents, tips for saving money, and more.
The Most Affordable Neighborhoods in Atlanta
When it comes to finding a place to live in Atlanta, affordability is often a top priority for many people. Fortunately, there are several neighborhoods in Atlanta that offer affordable housing options.
Whether you’re a young professional looking for a budget-friendly apartment or a family searching for an affordable home, these neighborhoods might be just what you’re looking for.
South Fulton
Located in the southern part of Atlanta, South Fulton is known for its affordable housing options. The neighborhood offers a mix of single-family homes and apartments at lower prices compared to other areas of the city.
With access to parks, shopping centers, and good schools, South Fulton is an excellent choice for those looking for an affordable yet convenient place to live.
College Park
College Park is another affordable neighborhood in Atlanta that has a lot to offer. It is home to several colleges and universities, including the prestigious Woodward Academy. The area has a mix of affordable apartments and single-family homes, making it an attractive option for both students and families.
With its proximity to Hartsfield-Jackson Atlanta International Airport and downtown Atlanta, College Park provides easy access to employment opportunities and entertainment options.
East Point
Located just south of Atlanta, East Point is a neighborhood that has seen significant growth in recent years. With its affordable housing options and revitalized downtown area, East Point has become a popular choice for young professionals and families alike.
The neighborhood offers a range of housing options, including historic homes, townhouses, and apartments. With its parks, restaurants, and community events, East Point provides a great quality of life at an affordable price.
Forest Park
Forest Park is a suburban neighborhood located just south of Atlanta. It offers affordable housing options for those looking to escape the hustle and bustle of the city while still being within a short drive of downtown Atlanta.
Forest Park has a mix of single-family homes and apartments, and its tree-lined streets and parks provide a peaceful and family-friendly atmosphere. With its affordable housing and proximity to major highways, Forest Park is a great option for those looking for affordable living near Atlanta.
While these neighborhoods offer affordable housing options, it’s important to do thorough research and visit the areas in person to determine if they meet your specific needs and preferences. Additionally, it’s always a good idea to consult with a local real estate agent who has expertise in these neighborhoods to help you find the best and most affordable housing options in Atlanta.
Average Rents in Atlanta’s Cheapest Neighborhoods
Studios
If you’re looking for affordable housing options in Atlanta, studio apartments can be a great choice. In Atlanta’s most budget-friendly neighborhoods like Bankhead, Pittsburgh, and Mechanicsville, average rents for studio apartments range from around $550 – $650 per month.
While these compact apartments may be light on space, renters can enjoy excellent values in desirable, centrally located communities.
Some of the most affordable studios can be found in properties like The Overlook at Cascade and The Villas at Washington Park, with rents starting under $600. Studios in these communities generally range from 300-500 square feet.
Renters can enjoy amenities like fitness centers, swimming pools, and on-site laundry facilities.
1 Bedroom Apartments
One bedroom apartments offer a modest increase in living space while still remaining budget-friendly. Data from RentCafe shows that rents for 1 bedroom units in Atlanta’s most affordable areas like Bankhead, Adamsville, and Grove Park typically range from $650 – $850 monthly.
Great deals on 1 bedroom apartments can be found at communities like Ava Buckhead, where rents start at $730/month. These apartments generally measure 600-750 square feet, providing renters with plenty of room to spread out. Onsite amenities help create a comfortable living experience.
2 Bedroom Apartments
Two bedroom units offer even more value for renters needing extra room. According to data reported on RentCafe, rents for 2 bedroom apartments in Atlanta’s most affordable neighborhoods average $750 – $1,100 per month. These units generally range from 700-1,000 square feet.
Great deals can be found at apartment communities like Cascade Overlook, with 2 bedroom rents starting around $850/month. Residents enjoy ample living space along with great amenities and convenient locations.
3 Bedroom Apartments
Three bedroom units offer the most spacious and flexible options for renters in Atlanta. Average monthly rents for 3 bedroom apartments in Atlanta’s most budget-friendly areas span $850 – $1,300, providing excellent affordability for larger living spaces.
Spacious 3 bedroom apartments starting under $1,000/month can be found at communities including The Reserve at Schaffer Mill. These 950-1,200 square foot units give renters plenty of room to accommodate families or roommates. Excellent amenities and neighborhood perks enhance the living experience.
Apartment Hunting Tips for Finding Cheap Rentals
Look for Older Buildings
When searching for cheap places to live in Atlanta, consider looking for older buildings. These properties often have lower rental costs compared to newer developments. While they may lack some modern amenities, they can still provide comfortable living spaces at a more affordable price.
Additionally, older buildings may have more character and charm, adding to the overall appeal.
Avoid Upscale Amenities
If you’re on a tight budget, it’s best to avoid apartments with upscale amenities. While features like a rooftop pool or a state-of-the-art fitness center can be enticing, they often come with higher rental prices.
Instead, focus on the essentials such as a safe neighborhood, proximity to public transportation, and reliable maintenance services. By prioritizing your needs over luxury amenities, you can find more affordable options in Atlanta.
Consider Commuting Distance
One way to find cheaper rentals in Atlanta is to consider expanding your search radius and looking for places outside of the city center. The farther you are from downtown, the more likely you are to find affordable options.
Keep in mind the commuting distance and transportation costs when exploring these areas. While it may require a bit more travel time, the savings on rent can make it worthwhile.
Time Your Search Strategically
Timing can play a crucial role in finding cheap rentals in Atlanta. Consider searching for apartments during off-peak seasons when demand is lower. Landlords may be more willing to negotiate on rent or offer discounts during these times.
Additionally, start your search well in advance to give yourself enough time to find the best deals and options available.
Negotiate Your Rent
Don’t be afraid to negotiate your rent when apartment hunting in Atlanta. It’s worth trying to negotiate with landlords, especially if you have good credit, a stable income, or are willing to sign a longer lease.
Landlords may be open to reducing the rent or offering other incentives to secure a tenant. Be prepared to make a persuasive case for why you would be a great tenant and why they should consider lowering the rent.
Remember, finding a cheap place to live in Atlanta requires some research, flexibility, and negotiation skills. By following these apartment hunting tips, you can increase your chances of finding an affordable rental that meets your needs and budget.
Lifestyle Considerations for Affordable Atlanta Living
When looking for cheap places to live in Atlanta in 2023, it’s important to consider various lifestyle factors to ensure that the cost of living remains affordable. Here are some key lifestyle considerations to keep in mind:
Grocery Costs
Grocery expenses can significantly impact your overall budget. To save money on groceries in Atlanta, consider shopping at affordable supermarkets like Aldi or Walmart. These stores offer a wide range of products at lower prices compared to higher-end grocery chains.
Additionally, buying in bulk and planning meals in advance can help minimize wastage and reduce costs. Websites like www.aldiusa.com provide useful information about weekly deals and discounts available at Aldi stores in Atlanta.
Transportation
Transportation costs can add up quickly, especially in a city like Atlanta. To save money on transportation, consider using public transportation options such as buses and trains. MARTA (Metropolitan Atlanta Rapid Transit Authority) offers affordable fares and convenient routes throughout the city.
Another cost-effective option is carpooling or ridesharing services like Uber Pool or Lyft Line. By sharing rides with others, you can split the cost and reduce your transportation expenses. For more information on MARTA routes and fares, visit their official website at www.itsmarta.com.
Entertainment/Dining Out
Living in Atlanta doesn’t mean you have to compromise on entertainment and dining experiences. There are plenty of affordable options available for entertainment and dining out. Look for local deals and discounts on websites like Groupon or LivingSocial, where you can find discounted tickets to events, attractions, and restaurants.
Additionally, exploring the city’s food truck scene can be a fun and cost-effective way to enjoy a variety of cuisines without breaking the bank. Food truck festivals and gatherings are common in Atlanta and offer a great opportunity to try different dishes at affordable prices.
By considering these lifestyle factors, you can make the most out of living in a cheap place in Atlanta in 2023 while still enjoying a high quality of life.
Alternative Housing Options for Saving Money
Living in Atlanta doesn’t have to break the bank. There are several alternative housing options available that can help you save money while still enjoying the vibrant city life. Whether you’re a student, young professional, or someone on a tight budget, here are some cheap places to live in Atlanta in 2023:
Room Rentals
One popular option for saving money on housing is renting a room in a shared house or apartment. This allows you to split the cost of rent and utilities with other tenants, significantly reducing your monthly expenses.
Websites such as Roomster and Roommates.com can help you find available rooms in Atlanta at affordable prices. Not only does this option save you money, but it also provides an opportunity to meet new people and build connections.
Income-Restricted Housing
If you meet certain income requirements, you may be eligible for income-restricted housing in Atlanta. These housing options are designed to provide affordable accommodation for individuals and families with low to moderate incomes.
The Atlanta Housing Authority (AHA) offers various programs and resources to assist residents in finding affordable housing. You can visit their website at atlantahousing.org to learn more about eligibility criteria and available housing options.
Extended Stay Hotels
Another alternative housing option in Atlanta is extended stay hotels. These hotels offer affordable rates for individuals who need temporary accommodation for a few weeks or months. Unlike traditional hotels, extended stay hotels provide amenities such as kitchenettes and laundry facilities, making them a cost-effective choice for longer stays.
Some popular extended stay hotel chains in Atlanta include Extended Stay America and Homewood Suites by Hilton.
By considering these alternative housing options, you can find cheap places to live in Atlanta in 2023 without compromising on quality of life. Whether you choose room rentals, income-restricted housing, or extended stay hotels, these options provide affordable alternatives to traditional housing and can help you save money in the long run.
Conclusion
With some savvy apartment hunting and lifestyle adjustments, you can absolutely find an affordable place to live in Atlanta, even on a tight budget. Focus your search on neighborhoods like South Fulton, College Park, East Point and Forest Park for the lowest rents.
Consider older buildings, basic amenities, and look for ways to save on groceries, transportation and entertainment. With the right strategy, you’ll be living affordably and comfortably in Atlanta in no time!
