Cheapest Neighborhoods in Decatur, GA
Some of the cheapest neighborhoods in Decatur are Panthersville, Waldrop Station, and Kensington. These neighborhoods offer some of the lowest rent prices in Decatur, making them ideal for renters on a budget. As of September 12, 2026, the average rent in Decatur is $1,392, which is 0.2% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Panthersville
Average Rent
$1,209/Month
Year-Over-Year Rent Change
1.1%
Units Available
76 Rentals
Panthersville is a quiet suburban neighborhood offering a mix of residential homes and green spaces. Renters will appreciate the area's easy access to nearby shopping centers like The Gallery at South Dekalb, along with its peaceful, residential atmosphere. The neighborhood also includes green spaces such as Exchange Park, which provides amenities like a gym, playground, and walking trails.
Waldrop Station
Average Rent
$1,238/Month
Units Available
18 Rentals
Waldrop Station is a top choice for budget-conscious renters for a variety of reasons. The average rent in Waldrop Station is $1,238 while the city average is $1,392. Residents enjoy convenient access to Wylde Center and Oakhurst Community Garden, South River Watershed Alliance, and Panola Mountain State Park.
Kensington
Average Rent
$1,306/Month
Year-Over-Year Rent Change
2.8%
Units Available
67 Rentals
Kensington is a suburban neighborhood ideally suited for commuters, thanks to its easy access to MARTA. With nearby parks and recreational spaces like the Clyde Shepherd Nature Preserve and diverse housing options, it balances a quiet residential atmosphere with the convenience of city living.
Greater Valley Brook
Average Rent
$1,331/Month
Year-Over-Year Rent Change
1.7%
Units Available
48 Rentals
Greater Valley Brook is a peaceful residential area offering tree-lined streets and a mix of homes and apartments. The neighborhood is conveniently located near parks like Clyde Shepherd Nature Preserve and shopping centers like North DeKalb Mall. It also has access to local schools and major highways like I-285, making it a convenient location for renters.
Candler-McAfee
Average Rent
$1,464/Month
Year-Over-Year Rent Change
3.3%
Units Available
138 Rentals
Candler-McAfee offers a mix of housing options, including mid-century homes, renovated properties, and new builds, catering to a variety of preferences and budgets. Its location near I-285 and proximity to downtown Decatur makes commuting straightforward and appealing to those seeking suburban living with city access.
Decatur Heights
Average Rent
$1,663/Month
Year-Over-Year Rent Change
0.4%
Units Available
182 Rentals
Nestled among tree-lined streets, Decatur Heights is renowned for its charming homes and closeness to downtown Decatur. Residents benefit from easy access to MARTA, local parks, and top-rated schools. This neighborhood's tranquil vibe is perfect for those looking for a quiet environment with city conveniences nearby.
Great Lakes
Average Rent
$1,722/Month
Units Available
24 Rentals
When you’re looking for a great Decatur neighborhood on a budget, check out Great Lakes. The average rent is $1,722, compared to the city average of $1,392. Rent prices have increased by 0%. Great Lakes is convenient to South River Watershed Alliance, Fernbank Forest & Science Center, and Commerce Square.
Oakhurst
Average Rent
$1,818/Month
Units Available
25 Rentals
Oakhurst stands out as a lively, walkable neighborhood filled with historic homes, local cafes, and community events like the popular Porchfest. Its eclectic atmosphere and close-knit community make it a popular choice for those wanting a unique, friendly environment with easy access to downtown Decatur and nearby parks.
Belvedere Park
Average Rent
$1,885/Month
Year-Over-Year Rent Change
4.9%
Units Available
252 Rentals
Belvedere Park offers a suburban atmosphere with easy access to local shopping centers along Covington Highway and Memorial Drive. Its proximity to downtown Decatur and a mix of affordable housing options make it appealing. The neighborhood is also home to several parks, including Shoal Creek Park I and Midway Park, which offer recreational facilities like baseball fields, playgrounds, and a pool.
Downtown Decatur
Average Rent
$1,921/Month
Year-Over-Year Rent Change
0.1%
Units Available
63 Rentals
Downtown Decatur is a bustling urban hub, offering renters access to over 80 restaurants and numerous shops. Renters will enjoy the walkable streets, access to MARTA, and proximity to local events and festivals. The blend of historic charm and modern amenities caters to those seeking an active urban lifestyle.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.