Atlanta Homes under $500,000

Atlanta Homes under $500,000

Welcome to Atlanta, Georgia – a vibrant city that seamlessly blends Southern charm with a modern urban lifestyle. Known as the “City in a Forest,” Atlanta boasts lush greenery, historic neighborhoods, and a thriving arts scene. From the bustling streets of Downtown to the serene landscapes of Buckhead, each area has its own unique character, making it a fantastic place to call home.

For those seeking affordable living in this dynamic city, Atlanta offers a plethora of homes under $500,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, there’s something for everyone. Explore charming bungalows in neighborhoods like East Atlanta Village, where local shops and eateries abound, or consider a contemporary townhouse in Inman Park, known for its picturesque parks and proximity to the BeltLine.

With a cost of living that remains relatively low compared to other major U.S. cities, Atlanta allows you to enjoy the best of both worlds – a vibrant urban lifestyle without breaking the bank. The city is also home to renowned schools, diverse dining options, and an array of cultural attractions, from the historic Martin Luther King Jr. National Historic Park to the world-class Georgia Aquarium.

Investing in a home in Atlanta means not only securing a beautiful place to live but also becoming part of a community that celebrates innovation, diversity, and opportunity. With homes under $500,000, now is the perfect time to discover your dream home in this exciting city. Embrace the Atlanta lifestyle and make your move today!

Newest Atlanta Homes under $500,000

1850 Cotillion Dr, Atlanta
$345,000
2 Beds ⋅ 2 Baths ⋅ 10866534 MLS
Welcome to this top-floor 2-bedroom, 2-bath condo featuring a spacious loft, large walk-in closets, and beautiful views overlooking the Amberley Resort-style community. Enjoy the largest floor plan in Madison Square, granite countertops in the kitchen and baths, tile backsplash, new dishwasher, stainless steel appliances, and pantry. Double-pane windows provide added comfort and quiet. Conveniently located near restaurants and grocery stores, with easy access to I-285/I-85 and GA-400. Includes 2 deeded parking spaces located directly across from the building door. Community amenities include four courtyards, resort-style and lap pools, a hot tub, Zen and sculpture gardens, clubhouse, and theater.

1850 Cotillion Dr, Atlanta

Listing courtesy of Century 21 Black Bear Realty.

no property photo
$270,000
4 Beds ⋅ 2 Baths ⋅ 10866499 MLS
PICTURES COMING SOON! Welcome to 3589 Eisenhower Circle SE, a classic 4-sided brick ranch home nestled on a spacious, level 0.22-acre lot in Atlanta. Featuring a highly functional 4-bedroom, 2-bathroom floor plan encompassing 1,400 square feet, this property offers incredible structural bones and unlimited potential. The property boasts an open-concept dining area, an eat-in kitchen with white cabinetry, double-pane windows, and a private backyard lined with mature trees. Enjoy ultimate freedom with NO HOA restrictions, making it an ideal choice for a owner occupant or a buy-and-hold rental. Superb location just 10 minutes from Hartsfield-Jackson International Airport, 15 minutes from Downtown Atlanta, and seconds from easy access to I-75/85 and I-285. Property is being strictly sold AS-IS, WHERE-IS. Buyer to verify all utilities, school assignments, and structural components during due diligence. Do not miss this high-upside Atlanta opportunity!

3589 Eisenhower Circle, Atlanta

Listing courtesy of Atlanta Communities.

1281 Felix Court NW, Atlanta
$399,900
2 Beds ⋅ 2 Baths ⋅ 10866491 MLS
***$25,000 flex cash with preferred lender*** Ready November 2026. Set in the lively heart of West Midtown, Longreen boasts a tranquil environment for residents to enjoy. Longreen Park encourages community gatherings, uniting friends, families and neighbors alike. The continuation of the Beltline expansion will further enhance Longreen's connectivity to West Midtown. Step into sophistication with our 2-story, 2-bed, 2-bath home, offering direct entry from your private garage. Has a driveway that will accommodate a vehicle, as well. On the lower level, discover a thoughtfully designed bedroom accompanied by a full bath - ideal for a home office or a welcoming guest space. Ascending to the upper level, an expansive open-concept layout unfolds, setting the stage for boundless connectivity with a deck off the family room. The oversized quartz island becomes the nucleus of entertainment. The primary suite, strategically placed off the main living area, strikes a harmonious balance between comfort and convenience.

1281 Felix Court NW, Atlanta

Listing courtesy of EAH Brokerage LP.

699 Argonne Avenue NE, Atlanta
$134,900
2 Beds ⋅ 1 Baths ⋅ 10866462 MLS
Midtown living starts here at the Terraces at Argonne, where this 2-bedroom, 1-bath condo pairs updated spaces with one of the most walkable addresses in Atlanta. Warm hardwood floors run through the main living areas, and the updated kitchen with granite counters and stainless steel appliances makes cooking and hosting easy. The bathroom has been refreshed with modern tile work and a granite vanity. Monthly HOA dues include water and common-area upkeep, and rentals are permitted. Ponce City Market is five blocks away and Piedmont Park is seven, with the Atlanta BeltLine, the Fox Theatre, and North Avenue MARTA all close by. Georgia Tech and Georgia State are a short trip away, keeping rental demand strong. A great fit for first-time buyers, young professionals who want to be close to work and play, or investors looking to add a well-located rental to their portfolio.

699 Argonne Avenue NE, Atlanta

Listing courtesy of Rasmus Real Estate Group Inc..

2846 3rd Avenue SW, Atlanta
$349,900
9 Beds ⋅ 5 Baths ⋅ 10866459 MLS
This spacious home is an incredible opportunity for large families or investors looking to grow their rental portfolio, featuring a lower-level basement with 3 bedrooms and 4 bathrooms, plus 6 additional bedrooms and 3 bathrooms on the upper levels. Situated in a quiet, child-friendly neighborhood with access to top-rated schools, it offers the perfect mix of room to grow, safe surroundings, and strong potential for rental income.

2846 3rd Avenue SW, Atlanta

Listing courtesy of Virtual Properties Realty.com.

699 Argonne Avenue NE, Atlanta
$139,900
2 Beds ⋅ 1 Baths ⋅ 10866443 MLS
Enjoy easy, single-level living at the Terraces at Argonne, where this main-level 2-bedroom, 1-bath condo places you in the middle of everything Midtown has to offer. No stairs to climb and a practical floor plan make day-to-day life simple, while neutral finishes, durable plank flooring, and a bright kitchen with white cabinetry give you a clean starting point to make the space your own. Monthly HOA dues include water and common-area upkeep, and rentals are permitted. Walk five blocks to Ponce City Market or seven to Piedmont Park, with the Atlanta BeltLine, the Fox Theatre, and North Avenue MARTA all nearby. Georgia Tech and Georgia State are a short trip away, keeping rental demand strong. Whether you're a first-time buyer, a young professional looking to live close to work and play, or an investor adding a well-located rental to your portfolio, this is a smart way into one of Atlanta's most walkable neighborhoods.

699 Argonne Avenue NE, Atlanta

Listing courtesy of Rasmus Real Estate Group Inc..

699 Argonne Avenue NE, Atlanta
$142,500
2 Beds ⋅ 1 Baths ⋅ 10858334 MLS
Live in the heart of Midtown at the Terraces at Argonne, where this main-level 2-bedroom, 1-bath condo puts the best of intown Atlanta right outside your door. The kitchen features granite counters, a tile backsplash, and stainless steel appliances, with a comfortable layout that makes everyday living easy. Monthly HOA dues include water and common-area upkeep, and rentals are permitted. Ponce City Market is five blocks away and Piedmont Park is seven, with the Atlanta BeltLine, the Fox Theatre, and North Avenue MARTA all close by. Georgia Tech and Georgia State are a short trip away, making this an easy fit for students, young professionals, and first-time buyers, as well as investors looking for a well-located rental in one of Atlanta's most walkable neighborhoods.

699 Argonne Avenue NE, Atlanta

Listing courtesy of Rasmus Real Estate Group Inc..

1430 Fairbanks Street SW, Atlanta
$399,000
4 Beds ⋅ 3 Baths ⋅ 10858312 MLS
Welcome to 1430 Fairbanks Street, a beautifully renovated Craftsman ranch in the heart of Capitol View, where classic Atlanta character meets modern convenience. From the moment you arrive, the expansive front porch sets the tone-a wonderful place to enjoy your morning coffee, unwind in the evening, or connect with neighbors in one of Atlanta's most engaging intown communities. Inside, the home has been thoughtfully transformed with an open, inviting floor plan, soaring ceilings, beautiful finishes, and a long list of updates including a new roof, siding, electrical, plumbing, HVAC, flooring, fixtures, and appliances. The result is a home that combines the charm and proportions of its 1925 roots with the comfort of modern living. A particularly versatile feature is the attached one-bedroom, one-bath suite with its own private entrance. Whether used for guests, extended family, a home office, or another purpose, this flexible space adds an extra dimension to the property. Buyers should independently verify any desired use, including rental or other occupancy options, with the appropriate authorities. The outdoor spaces are just as inviting, with a spacious front porch, private yard, and additional outdoor living space. An installed electric vehicle charger adds another thoughtful modern convenience. And then there's the neighborhood. Capitol View offers far more than a great location-it has a genuine sense of community, with neighbors who get together regularly for monthly gatherings and plenty of opportunities to become part of the neighborhood social scene. Add nearby Perkerson Park, the Atlanta BeltLine Westside Trail, West End, downtown Atlanta, and easy access to the airport, and you have an intown lifestyle that is both connected and convenient. This is a home with character, flexibility, and a strong sense of place-and one that is ready for its next chapter.

1430 Fairbanks Street SW, Atlanta

Listing courtesy of RE/MAX Metro Atlanta.

1280 W Peachtree Street NW, Atlanta
$145,320
1 Beds ⋅ 1 Baths ⋅ 10858279 MLS
The list price is not indicative of seller's final reserve amount. This property is part of an online bidding event; please visit Auction.com to place bids. Inspections of this property and contact with occupants are strictly prohibited. Property is sold "as is" and no for sale sign allowed.

1280 W Peachtree Street NW, Atlanta

Listing courtesy of Lawrence Realty Group Georgia.

1942 Eshelman Court, Atlanta
$300,000
4 Beds ⋅ 3 Baths ⋅ 10858282 MLS
Check out this beautiful home!! This stunning 4-bedroom, 2.5-bathroom single-family residence nestled in a desirable College Park neighborhood and perfectly situated on a quiet cul-de-sac. The home features a spacious open-concept floor plan, creating a seamless flow between the kitchen and living area-perfect for entertaining and everyday living. The stunning owner's suite offers plenty of space and comfort, complemented by three additional generously sized guest bedrooms. Enjoy the epitome of suburban living with access to a community pool, perfect for leisurely afternoons. With its inviting layout, peaceful cul-de-sac setting, and great location, this home is ready to WELCOME YOU HOME! Schedule your Showing Today!

1942 Eshelman Court, Atlanta

Listing courtesy of Vylla Home.

741 Frederica Street NE, Atlanta
$185,000
1 Beds ⋅ 1 Baths ⋅ 10858275 MLS
Experience historic charm and modern convenience in this top-floor residence at The Frederica, a classic 1929 brick building in Atlanta's Virginia-Highland neighborhood. This thoughtfully updated home features hardwood floors, crown molding, quartz countertops, stainless steel appliances, and abundant natural light. The functional layout includes a spacious walk-in closet and in-unit laundry for everyday convenience. A parking pass for the rear off-street lot is included. Located near neighborhood dining, shopping, green spaces, and the Atlanta BeltLine, this home offers exceptional access to many of Atlanta's most popular destinations. Whether you're looking for a primary residence, intown retreat, or low-maintenance living option, this property presents an outstanding opportunity to own in one of Atlanta's most sought-after locations.

741 Frederica Street NE, Atlanta

Listing courtesy of Coldwell Banker Realty.

775 Abercorn Drive SW, Atlanta
$479,900
5 Beds ⋅ 3 Baths ⋅ 10858228 MLS
Welcome to this spacious 5-bedroom, 3-bath on a FULL BSMT ready for your finishing touches in Atlanta's desirable Cambridge Commons community. A welcoming two-story foyer opens to separate living and dining rooms, while the spacious eat-in kitchen overlooks the inviting family room, complete with a cozy fireplace-creating an ideal setting for everyday living and entertaining. New windows throughout this home. The main level features a private in-law suite with its own full bath, offering exceptional flexibility for guests, extended family, or a home office. Upstairs, you'll find four generously sized bedrooms, including a versatile bonus room. The impressive owner's suite features tray ceilings and peaceful views of the private backyard, along with a spa-like bath complete with a double vanity, private water closet, Jacuzzi tub, and large walk-in closet. The secondary upstairs bath also features double vanities for added convenience. The full, unfinished basement offers tremendous potential and is already stubbed for a bathroom. With both interior and exterior access, this versatile space can be customized for future living areas, recreation, storage, a workshop, or additional finished space. Step outside to the serene, private backyard-an inviting retreat and wonderful backdrop for entertaining, relaxing, and creating lasting memories. With spacious living areas, flexible accommodations, a full unfinished basement, and abundant potential, this home offers an exceptional opportunity less than 8 miles 15+/- minutes from Hartsfield-Jackson Atlanta International Airport. All written offers must be presented with a unexpired lender approval letter confirming application has been submitted OR current Proof of Funds statement for an ALL CASH Offer

775 Abercorn Drive SW, Atlanta

Listing courtesy of HomeSmart.

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