Affordable Atlanta Neighborhoods
Searching for an affordable Atlanta neighborhood? If you are a first-time home buyer or on a limited budget but want to live in one of the vibrant neighborhoods near Downtown Atlanta, there are lots of options! Below you will find some of the most affordable communities, with a wide selection of single family homes under $300,000 — and many that are in the high $100K / low $200K range.
Scroll down to view each neighborhood and you’ll not only be able to search for all the homes for sale, you will also get the full scoop about the area — from schools to restaurants and annual events.
Average sales price – high $300s
Minutes from Downtown Decatur, the picturesque historic city of Avondale Estates offers residents that small-town feel with tree-lined streets, great schools, parks and more. There are many luxury homes and upscale homes, but you can often find a new construction home or small 1940s or 1950s ranch at an affordable price!.
Avondale Estates is a place where a traditional neighborhood shares a wonderful setting with a healthy, vibrant downtown area. Neighbors go out of their way to get to know each other and make time to greet fellow residents and friends.
Average sales price – high $500s
If you are looking for an eclectic Atlanta neighborhood, look no further! Cabbagetown is home to a unique mix of artists, executives, young couples, singles and new families.
You can often find historic homes for sale in Cabbagetown under $500,000, but the homes are usually on the small side. Architectural styles include 1900 Farmhouse Victorians, shotgun style homes, and 1920s bungalows. Most of the Cabbagetown homes are within walking distance of the charming restaurants along Carroll Street and the new development on Memorial Drive.
Average Sales Price – Low to mid $300s
AV is a diverse, friendly neighborhood with traditional neighborhood charm. It offers unique shops, services, and restaurants in a mini downtown setting. East Atlanta Village is one of in-town’s hottest real estate markets and was called “the best-kept secret in Atlanta” by the Washington Post and “the epitome of cool” by Creative Loafing. Featuring Victorians, craftsmans, post-war homes, and new construction, it is only about three miles from Downtown Atlanta (on 1-20).
**TIP: If you want to spend less than $350K on a home, you can try looking in the outskirts of the East Atlanta Village (zip code 30316).
Average Home Sales Price – High $400s
If you are looking for homes in East Lake Atlanta, you will quickly realize that the area it is broken up into three distinct sections — and price points. The area between the Oakhurst neighborhood and Memorial drive tends to be the most expensive, then the are between Memorial Drive and Glenwood Ave is more affordable (with the exception of the luxury homes overlooking the East Lake golf course), and the most affordable area is on the other side of Glenwood Ave (known as East Lake Terrace).
East Lake’s revitalization began in 1993 with the East Lake Golf & Counter Club and continues today. New homes commingle with older bungalows, Tudors, cottages and ranch-style homes.
Average Sales Price – $300s
A few miles east of Downtown Atlanta, Edgewood is one of the hottest neighborhoods in Atlanta for affordable housing and has experienced tremendous growth since the addition of the Edgewood Retail District in 2005. With easy access to I-20, Moreland and DeKalb Avenues and Memorial Drive, you can see why Edgewood is undergoing renovation.
You will find a wide assortment of Craftsman homes, cottages and bungalows and even foreclosures under $250,000.
One of Atlanta’s oldest neighborhoods is still one of the most affordable for first time home buyers, investors and others looking to downsize. Grant Park is a nationally recognized historic district with Victorian-era homes, 1920s bungalows, 1940s cottages and a small section of new construction Craftsman homes.
Located just minutes from Downtown Atlanta, Grant Park is located on both sides of Interstate 20 (I-20), a major thoroughfare for Atlanta traffic.
Grant Park real estate for sale Atlanta
Kirkwood is one of our favorite “affordable” Atlanta neighborhoods, as it offers some stunning homes, active neighborhood association, parks, festivals, access to shops and restaurants, and is centrally located to Downtown Atlanta and Decatur.
Kirkwood boasts a number of distinctive architectural styles, from Greek revival to gingerbread Victorian to the always popular craftsman bungalow of the 1920s and 30s. There is also a growing stock of new construction, much of it in the craftsman tradition.
Average Sales Price – High $200s
Nestled in North Decatur, this quiet neighborhood is filled with 1950s and 1960s brick ranch style homes and friendly, down to earth residents.
Convenient to Emory University, Medlock Park and University Heights offer an unusual slice of heaven, with parks, walking trails, great community and very reasonable home prices for Decatur GA.
Homes for sale in University Heights – North Decatur
Oakhurst probably needs to be removed from our “most affordable” list. Due to the excellent City of Decatur schools, active neighborhood association, festivals events, and the charming Oakhurst Village, this neighborhood is in high demand. Homes range in price from about $450K to $1.8M, but if you get lucky you can find homes under $500K.
Oakhurst offers that small-town atmosphere, with lots of parks, a variety of restaurants, and some of the finest elementary schools you’ll find in Metro Atlanta. We definitely give this neighborhood two thumbs up!
Nestled between Moreland Avenue and Grant Park’s Boulevard Avenue, Ormewood Park has easy access to I-20 that leads east and west of Downtown Atlanta. Ormewood Park is one of Atlanta’s oldest neighborhoods and features Victorians, Craftsman homes, post-war homes, as well as new construction in the Modern Farmhouse style. The new Glenwood Park development has added some wonderful restaurants and pubs to the neighborhood. Also, many Ormewood residents are able to walk to the restaurants and shops in the hip East Atlanta Village.
Reynoldstown is a medium-sized residential community located between the Cabbagetown and Edgewood neighborhoods south of the CSX rail line. Flat Shoals Avenue cuts diagonally across the district from northwest to southeast. The older section is west of the rail right of way planned for the new Atlanta Beltline. There are many different home styles including an entire block of double shotgun houses on Chester Avenue. Reynoldstown is a Historic District.
Average Home Values – Mid to High $400s
Often referred to as “West Midtown Atlanta”, this pedestrian community is located on the Northwest side of Atlanta. It’s filled with cottages and bungalows from the 1920s alongside contemporary infill houses, much of it in the Craftsman tradition.
With immediate access to the interstate and walking distance to restaurants and shops, this area has made a big comeback in recent years. Thanks to the Beltline trail and Atlantic Station development, more and more home buyers are adding Underwood Hills (30318) to the top of their list!
The quaint Winnona Park neighborhood is just outside of Downtown Decatur and should also be removed from our “affordable neighborhoods” list. It is roughly bordered by East College Avenue, South Columbia Drive on the east, Kirk Road on the south, and South Candler (and Agnes Scott College) on the west. This City of Decatur neighborhood features a fantastic elementary school, tree-lined quiet streets, and a charming array of homes. The most common housing style is Minimal Traditional, English Country cottage, bungalow, and Tudor style homes.
Average Home Prices – $400s
Located just around the corner from the CDC, Emory University and Medical Center, Woodland Hills is bordered by Briarcliff Rd and LaVista Rd. This quiet, hilly neighborhood with primarily post-war style homes, offers residents easy access to the Buckhead and Midtown Atlanta business districts as well as a peaceful setting when they come home each night.
More Ways to Explore Atlanta Neighborhoods
Want to live in the heart of it all?
Visit the new Atlanta Beltline Neighborhoods webpage to view all the homes for sale near the beltline — many are considered “up and coming” and are excellent investments!
Looking for a Super Family Friendly Neighborhood?
Most of the Intown Atlanta neighborhoods and communities are family friendly, but we’ve narrowed down the list to include some of the best Atlanta neighborhoods for families.
Moving to the Emory Area?
Neighborhoods near Emory University, Emory Hospital, VA Hospital, and the Center for Disease Control. Take a peek at the Emory neighborhoods.
** PLEASE NOTE: Average Home Sale prices can vary dramatically in each of the Atlanta neighborhoods, depending on the time of year or market shifts. For the latest and most accurate Atlanta neighborhood home sales data, please contact us and we would be happy to answer any questions and/or provide you with the latest neighborhood home sales data.