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Atlanta has been a major market for home listings site Zillow’s home buying program, which is called Offers. Now the Offers are off the table.
Zillow said on Tuesday that it’s exiting Offers, its business that buys and flips homes, and eliminating 25% of its workforce.
Zillow Offers Shuts Down
Zillow revealed the news in its third-quarter earnings report. , which detailed how the company missed its earnings mark to the chagrin of analysts.
The company said that it would cost too much money to keep the program afloat.
“We’ve determined the unpredictability in forecasting home prices far exceeds what we anticipated,” Zillow CEO Rich Barton said in the release. “Continuing to scale Zillow Offers would result in too much earnings and balance-sheet volatility.”
Zillow’s home buying prowess has been getting significant backlash after a viral TikTok explained how the company was buying up properties in the inner city and created an artificially inflated market by suppressing prices in some areas and causing them to rise in other areas of the market.
Here are some affordable homes for sale in Atlanta.
Atlanta is enjoying one of the best real estate markets in America, with affordable housing in every quadrant of the city. Large backyards, manicured parcels and strong neighborhoods with ample dining amenities make it one of the top places for transplants.
Not to mention that the city’s dining scene is the best in the Southeast. Looking for a home? Check out our Real Estate Resource Page.
Keep up with what’s going on in Atlanta’s real estate scene here with our Apartment Guide.
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If you’re looking to sell your home, Zillow may make it a whole lot easier, but it depends on who you ask.
A viral TikTok alleges that the real estate company is buying up homes and raising prices, making homeownership unaffordable to untold numbers of people. Zillow has denied the claims and calls it “misinformation.”
For a while now, Zillow has been making initial cash offers on eligible homes in more than 20 cities, including Atlanta, Georgia.
The move is part of the company’s Zestimate, which has been changed due to new demands in the real estate industry. In this article, we’ll look at what Zillow’s Zestimate is all about as well as how you can sell your home.
What Is Zillow’s Zestimate?
Since 2006, Zillow has offered the Zestimate, which was a valuation tool to see how much your home was worth.
The Zestimate is now the company’s home-buying service through which customers can sell their home directly to Zillow.
The way it works is that qualifying homeowners can get the certainty of a cash offer by way of their Zestimate. The company aims to facilitate the buying and selling of homes totally online.
That means the era of having random strangers show up at your home may be a thing of the past.
How You Can Get Paid From Your Zestimate
Zillow is now pairing the Zestimate with Zillow Offers so that you can get cash in your hands more quickly.
The way this can work out for a seller is that they can find out what Zillow is willing to offer for their home before it even goes to market. This not only speeds up the process, but avoids long wait times for your property, which could cause it to look stale on the market after a while.
With a Zestimate, the home seller gets an initial cash offer if their property s deemed an “eligible home” in one of about 20 U.S. cities.
Final Thoughts
You may be wondering what it takes to buy a home in Atlanta, as the forecast for this year predicted, prices in certain areas are increasing. But that doesn’t mean you can’t find a nice home in metro Atlanta.
The first step in the process is to get pre-qualified for a mortgage.
If you’re already pre-approved for a home loan, it signals to the loan officer, real estate agent and seller that you’re ready to purchase — and not playing around.
Atlanta has one of the best real estate markets in the country, with affordable housing in every quadrant of the city. Large backyards, manicured parcels and strong neighborhoods with ample dining amenities make it one of the top places for transplants.
There’s also ample opportunities to rent your home for cash. Keep up with what’s going on in Atlanta’s real estate scene on our Real Estate page.
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If you need help with your rent in Fulton County, a local government program that has been extended may be able to help. The program is similar to one for Atlanta residents, but there are some key differences.
If you live in Fulton County and are struggling with rent, you may qualify for assistance. This article is going to show you how to apply for rental assistance if you quality.
How To Apply For Rent Assistance In Fulton County
For those in need, Fulton’s government has responded with help. If you’re wondering who can receive it, the program is for qualifying Fulton residents who live outside Atlanta.
The Fulton assistance program gives temporary rental and utility assistance.
The application process has been opened for Fulton’s COVID-19 Emergency Rental Assistance Program. The aim of the $18 million program is to aid eligible households in need of rental and utility assistance.
You’ll need to provide some personal information like your name, address as well as proof of income, if any.
Like other programs, you must meet the eligibility requirements to be approved. Here are the requirements.
- Income must be less than 80% of the Area Median Income (AMI).
- At least one household member must qualify for unemployment benefits and can show in writing that they have experienced a downturn in income, incurred “significant costs” or had financial hardships due to COVID-19.
- At least one household member can demonstrate a risk of homelessness or housing instability. This may include a past due utility bill or eviction notice. It could include evidence of unsafe or unhealthy living conditions.
How To Apply For Rental Assistance In Fulton
To apply for rental assistance in Fulton, sign into the Emergency Rental Assistance Portal.
Once you have registered on the website, follow the steps to input your information.
Last Words
Atlanta’s rental landscape is increasing as more developments are being built, but the city has a serious affordability program. That means an increasing number of people are facing eviction notices and other rental issues.
Atlanta has one of the best real estate markets in the country, with affordable housing in every quadrant of the city. Large backyards, manicured parcels and strong neighborhoods with ample dining amenities make it one of the top places for transplants.
If you’re interested in finding a place to rent in Atlanta, here are some steps to follow.
More Articles From AtlantaFi.com:
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Business / Real Estate2 Min Read
Atlanta, Georgia, is one of the top cities for rental homes, according to a recent Zillow study.
The findings indicate that although property values are causing a rise in taxes, homeowners are increasingly renting their homes for more than their monthly mortgage payments to make ends meet.
Study: More Atlanta Property Owners Renting Out Homes
The study also shows that Atlanta continues to be a top draw for renters looking for a large metropolitan cities with modern amenities and plentiful jobs.
Despite the “We Full” moniker, Atlanta consistently pulls in migrants from across the country due to its relative affordability. That offers property owners an opportunity to make some money on their residences.
Here are the top metro areas where property owners are renting out their homes.
Top U.S. Cities For Renting Out Properties
Metro Area
Size
RankTypical
RentTypical Monthly Mortgage
Payment3$ Difference Between Rent and
Mortgage2Memphis
41
$1,504
$948
$556
Miami
8
$2,249
$1,727
$522
Atlanta
9
$1,787
$1,363
$424
Birmingham
49
$1,271
$868
$403
Tampa
19
$1,819
$1,435
$384
Indianapolis
33
$1,375
$1,044
$331
Orlando
27
$1,758
$1,444
$314
Charlotte
24
$1,628
$1,339
$290
Oklahoma
City42
$1,210
$931
$279
Detroit
12
$1,387
$1,119
$268
Last Thoughts
A Pew Research Center study says,70% of rental properties in the United States are owned by individuals rather than companies. That means that Americans see the value in turning their residences into wealth generators.
But property owners have been careful not to overdo it. These individuals typically own one or two properties, according to the study.
Are you interested in making money off where you live? Here’s how to rent out your home for profit.
Atlanta has one of the best real estate markets in the country, with affordable housing in every quadrant of the city. Large backyards, manicured parcels and strong neighborhoods with ample dining amenities make it one of the top places for transplants.
Not to mention that the city’s dining scene is the best in the Southeast. Looking for a home? Check out our Real Estate Resource Page.
Keep up with what’s going on in Atlanta’s real estate scene here with our Apartment Guide.
See The Latest Atlanta Real Estate News At AtlantaFi.com.
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Atlanta / Real Estate / Things To Do2 Min Read
Single women have made some serious strides toward homeownership in the last 15 years, according to a recent report from Zillow.
The real estate platform says the share of female renters who can afford a home has increased in 37 of the top 50 metros that Zillow analyzed, including Atlanta.
Women See Increased Buying Power In Atlanta, Says Report
The metro areas with the highest single female buying power rates are:
- Cleveland (29.5%)
- Cincinnati (26.9%)
- Atlanta (25.1%)
As great as the progress for women has been, none of the metropolitan areas analyzed by Zillow show them having more purchasing power than men.
For the most part, the challenges of getting equitable pay, affordable child care and other benefits, continue to play a role in gender disparities, according to Zillow.
Here are some key findings about Atlanta:
- 25.1% of single women renters can afford a home in Atlanta. That’s 7.9% their male counterparts.
- Single female buying power increased 4.5% since 2005.
- The gap between single men and women buying power has increased 4.5% over the past 15 years.
Zillow also estimates that nearly 2 million renter households could afford homeownership if given the flexibility to work from home and move into starter homes in cheaper locales.
Are You Saving For A Home?
Although homeownership is on the rise among women in Atlanta, many still aren’t in a position to afford it.
As many businesswomen that the city produces, it seems just as many of them aren’t able to get ahead.
Because you’ll need to save money incrementally, it’s good to put together a plan to set cash aside each month. How much should you save? It depends.
Looking for a new house? Here’s how to save for a home.
Final Words
Homeownership is one of the best purchases an American can make. In Atlanta, women are making strides in that regard.
Keep up with what’s going on in Atlanta’s real estate scene here with our Apartment Guide.
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A new report lists Druid Hills as one of the nation’s best suburbs based on several economic factors including household income, house prices and more.
Now, while it’s certainly a nice enclave that people want to live in, Druid Hills is not really a suburb, but we’ll take it.
Home lending site RenoFi analyzed more than 600 suburban areas in the United States to arrive at its list. The criteria used in the study are:derived from eight livability factors that would make the destination more livable.
In addition to home prices, some of the factors included:
- Crime rate
- Unemployment ratio
- Property taxes
- Clinician to patient ratio
Let’s look at the numbers:
Here Are The Most Livable Cities In The USA
Rank
Suburb
City
Population
Median household income
Median household income growth
Median house price
Median house price growth
Overall livability score /10
1
Druid Hills
Atlanta
8,365
$123,405
31.10%
$573,400
15.60%
7.6
2
Falls Church
Washington, D.C.
14,128
$124,796
8.71%
$757,300
2.06%
7.57
3
Pimmit Hills
Washington, D.C.
6,223
$131,118
14.80%
$612,900
16.60%
7.52
4
Melrose
Boston
28,113
$103,743
11.00%
$508,700
9.80%
7.41
4
Pleasant Ridge
Detroit
2,431
$116,583
14.00%
$332,900
12.50%
7.41
Another metro Atlanta location makes an appearance in the statistics when it comes to real estate property values. East Point, Georgia is listed 9th when it comes to suburbs with the greatest annual home prices growth.
East Point, which is about four miles from downtown Atlanta, has some great things to do there.
You can view the full study here.
When it comes to a livable area, Atlanta’s neighborhoods have quite a few amenities to chose from. If you like food halls, there’s quite a few as well as the walking space provided by the Beltline.
Atlanta has one of the best real estate markets in the country, with affordable housing in every quadrant of the city. Large backyards, manicured parcels and strong neighborhoods with ample dining amenities make it one of the top places for transplants.
Not to mention that the city’s dining scene is the best in the Southeast. Looking for a home? Check out our Real Estate Resource Page.
Keep up with what’s going on in Atlanta’s real estate scene here with our Apartment Guide.
More Articles From AtlantaFi:
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There’s more to the Atlanta area than what’s inside the perimeter. If you’re looking for a place to live in Georgia, you might want to consider somewhere in metro Atlanta.
The metro Atlanta area consists mainly of five counties that make up the bulk of where nearly 6 million people live.
If you’re thinking about moving to Georgia and looking for an affordable apartment, this article is a resource. But what are some of the best places?
Apartment Therapy recently listed some of the top spots to reside in the Atlanta area.
Population: 108,797
Median home listing price: $491,008
Median monthly rent: $2,088Population: 94,650
Median home listing price: $411,516
Median monthly rent: $1,995Population: 84,310
Median home listing price: $430,525
Median monthly rent: $2,000Population: 66,255
Median home listing price: $410,134
Median monthly rent: $1,895Population: 60,806
Median home listing price: $301,631
Median monthly rent: $1,647Population: 49,459
Median home listing price: $460,077
Median monthly rent: $2,200Population: 39,217
Median home listing price: $558,765
Median monthly rent: $2,095Population: 35,766
Median home listing price: $346,716
Median monthly rent: $1,900Population: 34,172
Median home listing price: $254,303
Median monthly rent: $1,585Population: 32,234
Median home listing price: $276,799
Median monthly rent: $1,600Atlanta has so much to do that you need a curated guide to help you sort through it all. Make sure you subscribe to our #ATLHaps newsletter that gives you a weekly tab of Atlanta events you don’t want to miss.
Where Do Black Professionals Hang Out In Atlanta?
Atlanta has been called the black mecca due to its large African-American population. If you’re wondering where many black people in Atlanta hang out, here are some of the nightlife establishments they frequent.
Revel
1778 Ellsworth Industrial Blvd NW, Atlanta, GA 30318, (404) 355-6800
Revel is one of Atlanta’s hottest clubs, catering to the young millennials looking for a respite from the professional world on the weekends. Every Friday and Saturday, it’s ladies free til 12 am with open bar til midnight as well. Come and see Big Tigger x V103 Dj Pnut on the ones and twos.
One Google reviewer says: “This is a world-class first-class venue with an excellent light show and definitely an upscale feel I love the fact that you can run into any and everybody from celebrities athletes to your neighbor.”
Here’s what it’s like inside Club Revel in Atlanta.
Truth Lounge
1100 Crescent Ave NE, Atlanta, GA 30309, (404) 262-7112
Photo credit: Youtube Truth Lounge is another club on the well-known party strip Crescent Avenue in Midtown. Known for “Krave Saturdays,” Truth Lounge is also a great happy hour option afterwork.
One Google reviewer says: “Cool spot. Really loud music, maybe too loud. Cool place to bring your friends to dance & smoke a few hookahs(if you’re into that kinda stuff). It can also be a bit crowded.”
Whiskey Blue located in the W Hotel in Buckhead is a cool, hip place for young professionals to gather for an afterwork drink. The rooftop lounge allows you to enjoy a cocktail looking out on the Buckhead skyline.One Google reviewer says: “The staff is always nice. Really good drinks. Beautiful views. It’s a very small lounge so it gets crowded fast. They recently redesigned the interior. This is a great place to visit for a weekend cocktail or beer after work.”The Gold Room is a favorite spot for visitors looking to experience some authentic Atlanta nightlife. The place can be a bit smokey at times, but the music is on point.One Google reviewer says: “he DJ was freaking awesome! I wouldn’t go again without a section. You could barely even make way to the bar. Hookah was great. That “body to body” stuff is not the wave anymore. Other than that, two thumbs up!”Club LaCura ATL
1919 Metropolitan Pkwy SW A, Atlanta, GA 30315, (404) 749-7898
Club LaCura is a vibrant “neighborhood” club catering to Zone 3 on Metropolitan Parkway. The club that brings a lot of med-level rappers and entertainers to rock the crowd. If you’re a fan of underground rappers, LaCura often books those types of artists.
One Google reviewer says: “I am from Jacksonville FL was visiting for my Birthday July 7. This place was the Best they showed so much love to a sister in there. I will definitely recommend anyone to celebrate their whatever in Lacura. Thank you to the Beautifull bar tenders, The DJ you sir who had on the black pants and black n white shirt you yeah you with the dreads omg I can’t stop thinking of you and More importantly thank you Mr. Peewee… Love from DUVALLL Baby.”Mansion Elan
3595 Clairmont Rd, Atlanta, GA 30319, (404) 997-6901
Photo credit: Youtube Mansion Elan is a relatively new addition to Atlanta’s nightlife, but you should definitely add it to your things to do in Atlanta list. Although they advertise a “free with text” option, it may make you wait in line, but that’s OK. Once inside, you’ll enjoy the vibe.One Google reviewer says: “Music Great !!!!! A mix of sounds Grade equipment you can breathe not a smoke-filled environment….. yeah. The renovations are spectacularly beautiful to any clubs from Vegas to Miami recommend this spots.”Interested in more places to party in Atlanta? Check out these Atlanta clubs.Explore Atlanta At Your Own Pace
First, to find all the good things happening in the city this week, all you have to do is take a look at downtown Atlanta. That’s where some of the best restaurants are as well as where the visitors, namely tourists, are. Downtown Atlanta or Midtown often has something cool going on!
Are you a beer drinker? You also may want to visit to a craft brewery in the city.
Check out these events in Atlanta today and this week and this weekend:
- For a month’s view: The Official Atlanta Events Calendar
- For a more immediate look, check Things to do in Atlanta This Week
Here are more articles from AtlantaFi.com:
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If you’re facing the foreclosure of your home, it can be an anxious time. In Georgia, you have good reason to be. Atlanta also has the fourth-highest share of mortgage delinquencies.
This article will show you what you need to do to stop a foreclosure in your home in Georgia.
What Is The Foreclosure Process?
The foreclosure process begins when the bank sends you notification that your home will be repossessed in a matter of days.
The actual foreclosure typically occurs on the steps of City Hall and is administered by the sheriff of the presiding county of where the property is located.
For example, to witness or take part in a foreclosure auction in Fulton County, you’d need to be on the Fulton County Courthouse steps as the sheriff’s deputy begins the process by listing properties.
By federal law, foreclosure auctions must be advertised in a newspaper of record. That’s why it’s important to check newspaper listings, especially papers that specialize in real estate listings.
In addition to newspapers, foreclosure listings can also be found:
- Legal publications
- Courthouse steps
Now that you know what to expect at a foreclosure auction, let’s talk about how to avoid it.
How Can I Stop My Home From Foreclosure?
Here are some ways you can stop your home from being foreclosed on.
1. Reach Out To Your Lender
The #1 way to avoid foreclosure is to contact your lender and see if you can renegotiate your mortgage. This may involve setting up a payment plan to catch up or agreeing to make a balloon payment.
The lender may have tried to get you to work something out earlier, but now that you’re more motivated, they may be willing to listen to what you have in mind.
2. Apply For Deferred Payments
A payment deferral moves your past-due payments to the end of your loan and brings your account current. To qualify for the deferred payment option, you typically have to:
- Contact your mortgage lender and inquire about deferred payments.
- Show them that you are able to resume regular payments after the deferred payments process.
3. Apply For Forbearance
Sometimes, the lender doesn’t want to grant you deferred payments due to your history. That’s when it’s time to ask about a forbearance plan.
Many homeowners don’t like forbearance plans because they may typically end with you owing a balloon payment at the end of the process — but it doesn’t have to end that way.
If you are able to apply and be accepted into a forbearance plan, make sure to tell the lender that you still don’t have the money to make the back payments.
The lender’s options at this point usually are to grant you a deferred payment plan or let you refinance at a more favorable rate. Let’s talk about that.
4. Refinance Your Mortgage
Because lenders ideally don’t want to get stuck with stale properties due to foreclosures, they’d rather you continue to make your mortgage payments.
One to ensure that you continue to pay is if you refinance your mortgage. This is a preferable option for lenders who know that homeowners in financial trouble.
5. Loan Modification
Similar to a refinance, a loan modification typically lowers your payments so that you can afford to begin paying your mortgage again.
Even before you miss a payment, a lender usually will be willing to set you up with a loan modification because they know that you’re still interested in paying for your mortgage.
Lenders don’t mind making loan modifications if they see that you’re sincere about repayment. In many cases, the loan modification amount will include a small fee each month to help the lender recoup what was lost during the months you didn’t pay.
6. Sell Your Home
The last resort in many foreclosure cases is for the distressed homeowner to sell their property. While this is not an ideal situation — namely because it may hurt your credit a bit — it is a viable way to get out of a mortgage you’ve fallen behind on.
If selling your home before it goes into foreclosure is your only option, make sure to try to get rid of it before it officially goes into the foreclosure process. Once a home enters the foreclosure process, the bank is presumed the owner — not you.
That means you lose all the bargaining power you previously had and you may not see a dime of the money from the sale.
Final Words
Foreclosing on a home can be a demoralizing ordeal and is not for the faint of heart, but these things do happen.
Always try to work with your mortgage lender before you get in arrears so that losing your home is never an option on the table.
To recap, here are the steps you can take to avoid having your home foreclosed on.
Atlanta has one of the best real estate markets in the country, with affordable housing in every quadrant of the city. Large backyards, manicured parcels and strong neighborhoods with ample dining amenities make it one of the top places for transplants.
Keep up with what’s going on in Atlanta’s real estate scene here with our Apartment Guide.More Articles From AtlantaFi:
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Atlanta homeowners have the highest anxiety about facing foreclosure going into 2021, according to a new report from RedFin.
About 3.8% of the city’s property owners are concerned about their mortgages. Atlanta also has the fourth-highest share of homeowners who are delinquent on their mortgage payments (13.5%).
Atlanta Homeowners Concerned About Foreclosing In 2021
The high numbers can be attributed to a misconception that Atlantans had over what to do with their mortgages when the COVID-19 pandemic hit.
“There was a misunderstanding in Atlanta for what the different options are for people in forbearance,” said Atlanta Redfin agent Ronisha Carson. “People didn’t know they could refinance, do a prorated monthly payment or tack it on to the end of their loan.”
“In my experience selling foreclosed properties, some people don’t take advantage of forbearance because they aren’t educated on what it entails,” said Redfin agent Gina Sapnar. “There are people who are in forbearance who don’t understand how repayment works. For some people payments are tacked on to the end of the loan, but for others it may be a large payment due immediately at the end of forbearance as a lump sum, which could be very tough for people to repay.”
Wave Of Foreclosures Likely In 2021
Because many mortgage lenders are ending their assistance programs, RedFin is forecasting a wave of foreclosures in 2021. How bad will it be? Not as bad as the Great Recession of 2009, according to real estate professionals.
Experts are hoping that federal and state authorities step up this time — not lenders — to buoy homeowners.
Final Thoughts
If you’re a homeowner in financial distress, there are some avenues you can take to get assistance. Here are some housing resources you can take advantage of.
Thinking of acquiring a property in foreclosure? Here’s what you need to know.
Atlanta has one of the best real estate markets in the country, with affordable housing in every quadrant of the city. Large backyards, manicured parcels and strong neighborhoods with ample dining amenities make it one of the top places for transplants.
Keep up with what’s going on in Atlanta’s real estate scene here with our Apartment Guide.More Articles From AtlantaFi:
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So you’re interested in renting an apartment in Atlanta. Although the city is a metropolis, don’t think that means that you have to overpay for a place to live. Since you already know how to find an affordable apartment, this article will show you some prices in Atlanta.
You should already have in mind how many bedrooms you want and some must-have amenities. You may not know what part of town you want to live in (close to the job?) and that’s OK.
How Much Is Rent In Atlanta?
These apartment rentals encompass one-, two- and three-bedrooms so that you can see a variety of what the city has to offer.
To rent an apartment in Atlanta, it depends on the neighborhood, part of town and how close it is to downtown. In general, you can expect to pay around these prices based on median rates:
Studio Apartment $1,000 a month One Bedroom $1,100 a month Two Bedrooms $1,200 a month Three Bedrooms $1,300 a month Atlanta Apartments For Cheap
Let’s get started with a look at some apartment prices around Atlanta:
Arrive Buckhead Apartments
740 Sidney Marcus Blvd NE, Atlanta, GA 30324 | (866) 590-7274
Sample Price: $1,165 to $1,235
Details:
- The Habersham — 740 sq ft
- The Lenox— 745 sq ft
- The Piedmont — 1,130 sq ft
Here’s what one reviewer says about Arrive Buckhead Apartments: “I usually don’t write reviews. But I did want to share my experience. Even though my roommate and I are still on our search for an apartment. I can say we had a really fun tour experience with Nicole. She was fun. Really nice. We related to her which is important felt like we knew her forever. Definitely a tour that’s unforgettable. She answered all our questions. Location is great. Pricing is pretty good too. Most likely well rent here.”
Broadway At East Atlanta Apartments
1930 Flat Shoals Rd SE, Atlanta, GA 30316 | (404) 800-6368
Sample Prices: From $1,009
Details:
- One Bedroom, One Bath — 725 sq ft
- Two Bedrooms, One Bath — 900 sq ft
- Two Bedrooms, Two Baths — 990 sq ft
Here’s what one reviewer says about the Broadway In East Atlanta Apartments: “We have lived at the Broadway at East Atlanta for over 4 years & we love it! The staff of the office is amazing, warm and welcoming. (Kayla is amazing!) The actual apartment is perfect for me and my husband and our 2 dogs. Very pet friendly. The property is beautiful and peaceful. I love how I’m so close to everything but still feel perfectly tucked away and private.”
Glenwood Park Lofts
390 Stovall St SE, Atlanta, GA 30316 | (404) 627-4390
Sample Price: From $1,204
Details:
- One Bedroom, One Bath —721 sq ft
- Designer Cabinetry
- Washer & Dryer Included
- Marble Countertops In select units
Here’s what one reviewer says about Glenwood Park Lofts: “The ladies in the front office have always done an exceptional job with meeting expectations and resolving issues. I’ve always received a quick response when I requested work orders. I can definitely appreciate the upgraded kitchens, large granite island and wood flooring. Glenwood Park Lofts is diversely occupied & conveniently located to all of your everyday needs. GPL is truly a hidden Gem.”
Flats At East Atlanta
2522 Flat Shoals Rd, Decatur, GA 30032 | (404) 400-7281
Sample Price: $1,025 to $1,325
Details:
- Jade: One Bedroom and One Bath — 710 sq ft
- Ruby: Two Bedrooms and One Bath — 1,150 sq ft
- Sapphire: Two Bedrooms and One Bath — 1,200 sq ft
- Diamond: Three Bedrooms and One Bath — 1,325 sq ft
Here’s what one reviewer says about the Flats at East Atlanta: “Hello, I’m a current resident and have been residing at the complex for two years. The staff is friendly and quickly handle any maintenance request I submit. I truly like the fact they continue to upgrade areas around the complex to keep it modern. The complex is dog friendly and have multiple dog sanitary stations throughout. I highly recommend because of the caring staff and close proximity to East Atlanta Village, City of Decatur and downtown Atlanta for work or social outings.”
Peachtree Park Apartments
1000 Peachtree Park Dr NE, Atlanta, GA 30309 | (678) 949-5307
Sample Price: Starts at $1,316 for 1BR | $1,504 for 2 BR
Details:
- Tuscan floorplan: 1 Bedroom / 1 Bathroom and 753 Sq. Ft.
- Maple floorplan: 2 Bedrooms / 2 Bathrooms and 900 Sq. Ft.
Here’s what one reviewer says about Peachtree Park Apartments: “The location is great! You can tell that Ruqayyah and Grant truly care about their tenants, they are always happy to help you. Service requests are done immediately and correctly. Great place to live.”
Tuscany At Lindbergh Apartments
600 Garson Dr NE, Atlanta, GA 30324 | (770) 261-6379
Sample Price: $1489-$1629
Details:
900 SF/3rd Floor |Floorplan: Lenox
Here’s what one reviewer says about Tuscany at Lindbergh Apartments: “Katie is super fast at reaching out and preparing what you need, responsive with trustworthy answers (no beating around the bush-they’re very transparent) , accommodating, and overall sweet! Best customer service I’ve received so far from a complex and I don’t even live here yet!”What Is The Cheapest Place To Rent In Atlanta?
Some of the cheapest places to rent in Atlanta depend on what part of the city they are located.
Eastside: Atlanta’s east side is its most eclectic side, with affordability woven into the area. However, recent building booms in various pockets are starting to reset price points.
Westside: The west side of Atlanta is also generally affordable below I-20. As you make your way farther north, you enter West Midtown, which is undergoing heavy development and price increases.
Southside: The southside of town is generally considered more affordable, especially below Interstate 20 — but there are also upscale properties in the vicinity.
Northside: Atlanta’s north side is generally the area’s most expensive part of town. Anything near what is considered North Atlanta — Buckhead, Brookhaven, Doraville and Chamblee — will generally cost you more money to rent.
Atlanta Apartments For Rent For Under $600
Not everything is above $1,000 around Atlanta. There are some areas where you can really get a cheap apartment for rent.
If you want to find some Atlanta apartments for under $600, here are several of the best rentals.
Final Thoughts
Finding a cheap apartment in Atlanta shouldn’t intimidate you. The key is to do your research. Look up the different school districts and amenities in the various neighborhoods to see if they are places you would like to live.
Remember when dealing property managers to list your must-haves and stick to them.
Atlanta has one of the best real estate markets in the country, with affordable housing in every quadrant of the city. Large backyards, manicured parcels and strong neighborhoods with ample dining amenities make it one of the top places for transplants.
Keep up with what’s going on in Atlanta’s real estate scene here with our Apartment Guide.More Articles From AtlantaFi: