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Novel Midtown Atlanta apartments in Atlanta, GA

Updated

Novel Midtown Atlanta

1140 Spring St NW, Atlanta, GA 30309, USA

4.6 (366 reviews) Official Website

Live pricing, refreshed

50
Units Listed
$1,544
Starting at
$2,596
Average
$4,742
Highest
$3.32
Per Sq Ft

How does this compare? View Atlanta 30309 rent trends

Beds

Pricing by Bedroom

Studio
$2,367
from $1,544 · 32 units
~549 sqft avg
1 Bed
$2,785
from $2,306 · 16 units
~890 sqft avg
2 Bed
$4,742
from $4,741 · 2 units
~1,240 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (125)

Largest 8 movers of 125

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: observed data only.

Observed Lease Revenue

$1.5M/mo

from 552 tracked leases; not enough coverage yet for a whole-building estimate

Effective Rent on New Leases

$2,680

vs $2,596 current asking

Recent Lease Activity

602 units tracked; 552 assumed leased, 50 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

50

Very high availability

41 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Available Units

50 units

Select a unit to see its larger layout, price history, and link to the rental site.

Filter by unit features

Match all selected features. Layout filters use this unit’s matched floor plan. Missing details do not mean a feature is absent.

Unit features
Accessibility listedPro

Counts show listed matches. Accessibility labels do not describe every access need. Confirm specific features with leasing.

Studio Unit 4
$1,544/mo

Available: Contact for availability

Down $824 since Oct 2 (was $2,368)
Studio Unit 32
$1,699/mo

Available: Contact for availability

Down $724 since Oct 2 (was $2,423)
Studio Unit 23
$1,990/mo

Available: Contact for availability

Studio Unit 7
$2,034/mo

Available: Contact for availability

Down $125 since Oct 2 (was $2,159)
Studio Unit 27
$2,071/mo

Available: Contact for availability

Down $163 since Oct 2 (was $2,234)
Studio Unit 30
$2,091/mo

Available: Contact for availability

Down $186 since Oct 2 (was $2,277)
Studio Unit 20
$2,104/mo

Available: Contact for availability

Down $80 since Oct 2 (was $2,184)
Studio Unit 6
$2,111/mo

Available: Contact for availability

Down $167 since Oct 2 (was $2,278)
Studio Unit 1
$2,127/mo

Available: Contact for availability

Studio Unit 21
$2,151/mo

Available: Contact for availability

Down $1,974 since Oct 2 (was $4,125)

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Atlanta, GA notes

No resident notes for this property yet.

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