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Average Rent in Downtown Atlanta & Rent Trends
Rent prices and market trends across 3 apartment communities in Downtown Atlanta, Atlanta, GA. Updated daily.
Market Average
$1,643/mo
▼ 8.6% from last month
Lowest Available
$1,030/mo
cheapest unit on market
Communities
3
tracked daily
Units Listed
57
available now
Price Cuts This Week in Downtown Atlanta
7 listed units across 2 buildings in Downtown Atlanta dropped their asking rent in the past 7 days, an average cut of $138/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Castleberry Park Apartments | Unit 5 | $1,388 | $1,030 | $358 |
| Castleberry Park Apartments | Unit 6 | $1,444 | $1,086 | $358 |
| Castleberry Park Apartments | Unit 7 | $1,388 | $1,287 | $101 |
| Castleberry Park Apartments | Unit 8 | $1,444 | $1,343 | $101 |
| MAA Centennial Park | Unit 1048 | $1,385 | $1,365 | $20 |
| MAA Centennial Park | Unit 2322 | $1,730 | $1,715 | $15 |
| MAA Centennial Park | Unit 2506 | $1,375 | $1,360 | $15 |
Downtown Atlanta vs Atlanta, GA Average
Downtown Atlanta is cheaper than the Atlanta, GA average by $566/mo (26%). The citywide average is $2,209/mo across all neighborhoods.
Is Rent Going Up or Down in Downtown Atlanta?
As of August 2026, the average rent in Downtown Atlanta is $1,643 per month across 3 apartment communities and 57 available units. Rents have decreased $155 (8.6%) over the past month.
The most affordable option is Castleberry Park Apartments starting at $1,030/mo. By unit type, a studio averages $1,344/mo, a 1-bedroom averages $1,635/mo, a 2-bedroom averages $2,216/mo, a 4-bedroom averages $1,469/mo, a 5-bedroom averages $1,515/mo.
Prices range from $1,030 to $2,655 per month. The most common price point is the $1,400 range, where 23 units are currently listed.
Downtown Atlanta Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $1,793 | - | 5 |
| August 2026 | $1,661 | -$132 | 5 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Downtown Atlanta
Rent Prices by Apartment in Downtown Atlanta
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Castleberry Park Apartments | $1,030/mo | $1,336/mo | 16 | 4.2 |
| MAA Centennial Park | $1,325/mo | $1,835/mo | 32 | 4.3 |
| The Hive | $1,409/mo | $1,508/mo | 9 | 4.7 |
Frequently Asked Questions About Rent in Downtown Atlanta
What is the average rent in Downtown Atlanta?
Is rent going up or down in Downtown Atlanta?
What is the cheapest apartment in Downtown Atlanta?
How much is a 1-bedroom apartment in Downtown Atlanta?
How many apartments are available in Downtown Atlanta?
What salary do I need to live comfortably in Downtown Atlanta?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$66,000/year
Based on the 30 percent rule, using our tracked average rent of $1,643/mo.
Comfortable income
$79,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,030/mo), you need to earn at least $41,000/year.
Median household income in Downtown Atlanta is $81,938 , about 4% above the comfortable-living threshold.
Cost of living in Downtown Atlanta
Overall prices in Downtown Atlanta matches the national average by about 0% (BEA Regional Price Parity index 100.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Downtown Atlanta's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,643 |
| Utilities | $477 |
| Groceries | $532 |
| Transportation | $1,136 |
| Healthcare | $554 |
| Other goods and services | $887 |
| Estimated total | $5,229/mo |
Population
499,287
Median household income
$81,938
Census median rent
$1,617/mo
Rent as % of income
30.8%
Median age
34.0
Mean commute
27 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Downtown Atlanta Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Downtown Atlanta Apartments
Browse all 3 communities with daily-updated pricing and availability.