Atlanta Homes under $500,000

Atlanta Homes under $500,000

Welcome to Atlanta, Georgia – a vibrant city where Southern charm meets urban sophistication! Known as the "City in a Forest," Atlanta boasts a stunning blend of lush green spaces and a bustling metropolis, making it a desirable place to call home. With a rich history, diverse culture, and a thriving economy, Atlanta is not just a city; it's a lifestyle.

For those seeking affordable housing options, Atlanta offers a fantastic selection of homes under $500,000. Whether you’re a first-time homebuyer, a growing family, or looking to invest, the housing market here presents an array of choices to fit your needs. From charming bungalows nestled in historic neighborhoods like Inman Park and Grant Park to modern townhomes in up-and-coming areas like East Atlanta Village, there’s something for everyone.

Living in Atlanta means enjoying a rich tapestry of experiences. Indulge in world-class dining, explore the vibrant arts scene, and take advantage of the city’s extensive parks and recreational facilities. The renowned Atlanta BeltLine project integrates art, culture, and green space, providing an ideal setting for outdoor enthusiasts and community gatherings.

Moreover, Atlanta’s strategic location makes it a hub for business and travel, with Hartsfield-Jackson Atlanta International Airport just a short drive away. With a strong job market and a cost of living that remains competitive, this city is perfect for those looking to establish roots without breaking the bank.

Discover the charm of Atlanta and explore the opportunities that await you in homes under $500,000. Your dream home in this dynamic city is just around the corner!

Newest Atlanta Homes under $500,000

1677 M L King Jr Drive SW, Atlanta
$399,000
4 Beds ⋅ 3 Baths ⋅ 10866904 MLS
INVESTORS, HOUSE HACKERS & ATLANTA BUYERS: Here's an opportunity with options! Currently operating as a furnished short-term/mid-term rental, this renovated 4-bedroom home offers the flexibility to continue its income-producing use or transition it into your own in-town residence. Inside, you'll find an updated interior with a modern kitchen, comfortable common areas, and a versatile bedroom/bathroom configuration that lends itself beautifully to hosting guests, roommates, or extended stays. The property is currently furnished and thoughtfully arranged for rental use, allowing an investor to step into a property with an established setup rather than starting from scratch. Location is a major part of the appeal. Situated near West Lake MARTA with convenient access to the Atlanta University Center, Downtown Atlanta, Mercedes-Benz Stadium, State Farm Arena, Georgia Tech, Georgia State, major hospitals, and Hartsfield-Jackson Atlanta International Airport, this location puts guests and residents within easy reach of some of Atlanta's biggest employment, education, entertainment, and transportation hubs.

1677 M L King Jr Drive SW, Atlanta

Listing courtesy of Keller Williams Realty Atlanta North.

87 Warren Street SE, Atlanta
$474,900
2 Beds ⋅ 2 Baths ⋅ 10866893 MLS
Built in 1925, this Kirkwood Craftsman bungalow has spent a century perfecting the art of the front porch. Cedar shake gables, chunky brick columns, and a deep covered porch set the scene, with plenty of room for a pair of rockers and your morning coffee. It's the kind of house that feels lived in the best way. Light pours through windows on two sides of the living room, catching the warm hardwoods and the painted brick fireplace with its classic mantel. Dinner guests drift easily from the living room to the dining table and into the kitchen, where crisp white shaker cabinets and subway tile keep things bright, and the window over the sink looks out to nothing but trees. Even laundry day is easier with its own room tucked just off the kitchen. At the end of the day, the primary bedroom feels like its own little retreat, filled with soft light from windows on two sides and an en-suite bath all its own. The second bedroom, overlooking the front porch, works just as well for guests as it does for a home office. Then there's the backyard. Evenings on the deck come with a canopy of mature shade trees and a view of a big fenced yard, framed by old stone walls that have clearly seen a lot of history and are ready for the next chapter. Picture raised garden beds, a fire pit, or a spot for the dog to roam. The powered outbuilding off the carport is ready to become the workshop, studio, or home gym you've been wanting, and the standing paved crawlspace handles the storage. The best part? The big projects are already done. The roof was replaced in 2023 with a 10-year warranty, the HVAC and furnace in 2019, and the water heater is about 2 years old. A hundred years of charm, minus the hundred-year-old to-do list.

87 Warren Street SE, Atlanta

Listing courtesy of Homestead Realtors, LLC.

855 Commonwealth Avenue SE, Atlanta
$474,900
3 Beds ⋅ 3 Baths ⋅ 10866886 MLS
After a long day fighting Atlanta traffic, come home and park the car for good. This Grant Park end-unit home is steps from the Beltline - with direct access coming soon. From there, everything is on foot: the Sunday Grant Park Farmers Market, the Atlanta Zoo, Six Feet Under, Patria Cocina, Grant Park Market, and a rotation of neighborhood coffee shops, all under mature, tree-lined streets in one of the city's most walkable, established neighborhoods. Inside, an open, light-filled main level with a neutral palette throughout. First-floor bedroom flexes as an office, playroom, or gym; both upstairs bedrooms have en-suite bathrooms and plenty of closet space. The kitchen was recently renovated with an open concept and plenty of storage. The exterior was just recently painted. And then you have the outdoor spaces! Front balcony for coffee, back deck for cocktails (overlooking the Beltline trail) and the downstairs patio space that will take you right to the Beltline, connecting you to Atlanta's best Intown neighborhoods right from your front door.

855 Commonwealth Avenue SE, Atlanta

Listing courtesy of Keller Williams Realty.

1420 Sylvan Road SW, Atlanta
$415,000
5 Beds ⋅ 4 Baths ⋅ 10866880 MLS
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1420 Sylvan Road SW, Atlanta

Listing courtesy of Engel & V?lkers Atlanta.

208 Mission Way, Atlanta
$479,000
4 Beds ⋅ 4 Baths ⋅ 10866853 MLS
Welcome to Three Points at Chosewood, where community meets convenience. Discover modern urban living in the heart of Atlanta, nestled in the vibrant and rapidly growing Chosewood Park neighborhood. This thoughtfully designed community offers stylish townhomes with open-concept layouts, sleek finishes, and eco-friendly features. Each home boasts spacious living areas, gourmet kitchens with granite countertops and stainless steel appliances, and great outdoor balcony spaces perfect for entertaining, relaxing, or just having that morning coffee. Located just minutes from the BeltLine, Grant Park, The Beacon, and downtown Atlanta, Three Points offers unparalleled access to shopping, dining, parks, and entertainment. With a strong sense of community and proximity to nature trails and green spaces, it's more than a home, it's a lifestyle. **Up to $25,000 in seller concessions. $10,000 in credits from preferred lender

208 Mission Way, Atlanta

Listing courtesy of eXp Realty.

1423 Metropolitan Parkway SW, Atlanta
$379,000
3 Beds ⋅ 3 Baths ⋅ 10866843 MLS
Renovated in 2024, this 3-bedroom home offers an updated interior and a convenient intown location in Capitol View. Improvements include an updated kitchen with new cabinetry, solid-surface countertops and stainless steel appliances, renovated bathrooms, luxury vinyl plank flooring, updated lighting, a new HVAC system, 2021 water heater, and energy-efficient double-pane windows. The main level features a spacious family room, dining area, updated kitchen, and powder room. Upstairs, the owner's suite includes a private ensuite bath, while two additional bedrooms share a Jack-and-Jill bathroom. An upstairs laundry room adds everyday convenience. Located near the Atlanta BeltLine, Perkerson Park, Lee + White, MARTA, Downtown Atlanta, Mercedes-Benz Stadium, and Hartsfield-Jackson International Airport, the property offers easy access to many of Atlanta's intown destinations.

1423 Metropolitan Parkway SW, Atlanta

Listing courtesy of Keller Williams Realty Atl. Partners.

1275 Westridge Road SW, Atlanta
$398,500
4 Beds ⋅ 4 Baths ⋅ 10866817 MLS
Welcome to 1275 Westridge Rd SW, a beautifully renovated 4 bedrooom 3.5 bathroom Atlanta home offering a fresh, move-in-ready interior with modern updates throughout. This property has undergone an extensive renovation featuring an updated kitchen, renovated bathrooms, new flooring, fresh interior paint, updated fixtures, and contemporary finishes. The thoughtfully refreshed interior provides a clean, cohesive look while offering the comfort and functionality today's buyers appreciate. Conveniently located in Southwest Atlanta with access to shopping, dining, major roadways, and nearby Atlanta amenities. Schedule a showing to experience the updates and finishes this renovated property has to offer.

1275 Westridge Road SW, Atlanta

Listing courtesy of Clark & Blake Realty Group.

1070 Dill Avenue, Atlanta
$170,000
1 Beds ⋅ 1 Baths ⋅ 10866756 MLS
OWN NEW IN ATLANTA - STARTING IN THE $170s. Welcome to 1070 Dill, a thoughtfully designed new-construction community offering a rare opportunity to own in one of Southwest Atlanta's most connected locations. These modern one-bedroom, two-story homes pair smart design with an urban lifestyle just minutes from the places that make this area one of Atlanta's most exciting places to call home. Inside, enjoy approximately 640 square feet of efficiently designed living space, 9-foot ceilings, contemporary finishes, quartz countertops and a full appliance package. Step outside to your private fenced backyard, while shared green space and a community dog park add even more room to enjoy life at home. And the location is hard to beat. Oakland City MARTA is approximately a two-minute walk away, with the Atlanta BeltLine and Lee + White nearby-putting restaurants, breweries, entertainment, trails and convenient access to the city within easy reach. For qualified buyers, homeownership may be even more attainable with multiple down-payment-assistance programs available, including opportunities through Invest Atlanta and other participating programs. Income and program guidelines apply. New construction. Intown Atlanta. Access to transit, the BeltLine and neighborhood amenities. And a price point starting in the $170s. 1070 Dill offers an opportunity to stop renting and start building toward something of your own. Schedule your private tour and ask about current availability, eligibility requirements and available homebuyer-assistance programs.

1070 Dill Avenue, Atlanta

Listing courtesy of HomeSmart.

no property photo
$110,000
3 Beds ⋅ 2 Baths ⋅ 10866725 MLS
Wow! Nearly an acre of in-town Atlanta land with room to build two homes! The old house is ready to come down, and the slab and driveway are already in place, so you can get to work faster and spend less on early site prep. The lot size gives you real room to explore splitting the property into two parcels!! You're about 6 minutes from the airport and Downtown Atlanta, minutes from the BeltLine, Pittsburgh Yards, and Browns Mill Golf Course, and just across from Lakewood Amphitheatre and Lakewood Stadium. The Lakewood Trail, now under construction, will connect to the BeltLine, and South Bend Park is close by with walking paths and a pool. Cinespace and Tyler Perry Studios are nearby, which adds steady demand from the film-industry workforce. Acreage like this is rare this close to town. Come see it before another builder does!!

223 Polar Rock Road SW, Atlanta

Listing courtesy of Georgia Dreams Realty.

1396 Pine Drive, Atlanta
$105,000
3 Beds ⋅ 1 Baths ⋅ 10866720 MLS
Step into this Cozy step-less ranch with 3 bedrooms and 1 bathroom for a comfortable single-level living. This charming home offers a spacious, level front yard, a backyard perfect for relaxing or entertaining, and a carport for covered parking. It is located near shopping, dining, and everyday conveniences, this home combines comfort, accessibility, and convenience

1396 Pine Drive, Atlanta

Listing courtesy of Keller Williams Realty Atl. Partners.

376 Hooper Street SE, Atlanta
$474,500
3 Beds ⋅ 2 Baths ⋅ 10866714 MLS
Presenting an attractive residential property, 376 Hooper Street SE, Atlanta, GA, US. Love where you live in this 1714 square feet of living area. This residence is in great condition, offering an exceptional opportunity for discerning buyers seeking a distinctive living experience. The kitchen is thoughtfully appointed, featuring stainless steel appliances, sophisticated stone counters, and a functional peninsula, ideal for both culinary pursuits and casual dining. One of the bathrooms provides a luxurious experience with a jetted bathtub, a convenient double vanity, and a spacious walk-in shower. This three-bedroom, two-bathroom bungalow also includes a private yard with a storage shed and a welcoming porch, enhancing its appeal. Brand new LG washer/dryer combo included. Newly installed hardwood floor throughout the first floor. Spacious upper level loft has its own HVAC and storage space. Love where you live in this remarkable property! Zoned for Drew Charter school.

376 Hooper Street SE, Atlanta

Listing courtesy of BHHS Georgia Properties.

1363 Melange Trace SE, Atlanta
$372,400
2 Beds ⋅ 2 Baths ⋅ 10866657 MLS
Inside the Perimeter. Outside the ordinary. Welcome to the Rowan floor plan at Array, East Atlanta's most exciting new construction townhome community! This beautifully designed, 2-story townhome offers the ultimate blend of modern luxury and effortless urban living. Step inside to an airy, open-concept main floor loaded with high-end finishes, including ultra-durable SPC plank flooring, smooth 9' ceilings, and soft-close 42" painted slim Shaker kitchen cabinetry. The chef-inspired kitchen centers around a massive quartz island and features a premium stainless steel appliance package, perfect for hosting or unwinding. Upstairs, the private layout features two spacious bedrooms s. Built with the future in mind, this home is fully equipped with smart tech-including a Z-Wave T-6 thermostat and doorbell camera-plus a 30-amp EV charging outlet pre-installed in your rare, 2-car garage! The Location: You are perfectly positioned in vibrant 30316, just 3 to 5 minutes from Beltline access, Krog Street Market, Downtown Atlanta, and Emory University. Ask how available builder incentive dollars may be applied toward a purchase price reduction, interest rate buy-down, eligible closing costs, or a combination of these options, subject to builder and lender guidelines. Incentives are subject to change without notice.

1363 Melange Trace SE, Atlanta

Listing courtesy of McKinley Properties LLC.

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