Zumper

494 Parkway Dr Ne
494 Parkway Dr Ne, Atlanta, GA 30308, USA

Condo for rent
Monthly rent
$3,500
Beds3
Baths2
Sqft1,800
modified
5+ Days Ago

Property Overview

Set in a premier location, the home offers modern convenience, including granite countertops and a separate dining room. The surrounding area provides exceptional access to culture and entertainment, with numerous theaters, music venues, sports arenas, museums, galleries, and cultural centers nearby. Proximity to a highly rated elementary school and hundreds of nearby restaurants and mixed-use spaces further enhances overall livability.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Elementary school nearby

Great for

  • Social life

Highlights

  • separate dining room
  • modern convenience
  • granite countertops
  • premier location

Units

494 Parkway Dr Ne Atlanta, GA

New Listing

#Apt.

3 Beds

2 Baths

$3,500

Listed on 05/02/2026
Listed by Robin Polster
Days on market: 13
Rare top-floor duplex lease in the heart of Old Fourth Ward offering the entire upper level with exceptional space, privacy, and skyline views. Beautifully updated with new hardwood floors, fresh paint, plantation shutters, and a renovated kitchen with granite countertops, this light-filled home combines timeless charm with modern convenience. Enjoy spacious rooms, soaring ceilings, a desirable roommate-friendly layout, a large living room, separate dining room, and a versatile bonus room perfect for a home office or den. The expansive private deck showcases stunning views of Downtown and Midtown, offers off-street parking and is in a premier location just steps from Central Park and walkable to Ponce City Market and the Atlanta Beltline. A rare opportunity to lease a charming, spacious home in one of Atlanta’s most sought-after intown neighborhoods. Credit and Background check required for each Adult living in the property. Call or Text Listing Agent at (678)592-4555 for m...

New Listing

2

3 Beds

2 Baths

$3,500

Listed on 05/02/2026
Listed by Robin Polster
Days on market: 13
Property Status: Active Rare top-floor duplex lease in the heart of Old Fourth Ward offering the entire upper level with exceptional space, privacy, and skyline views. Beautifully updated with new hardwood floors, fresh paint, plantation shutters, and a renovated kitchen with granite countertops, this light-filled home combines timeless charm with modern convenience. Enjoy spacious rooms, soaring ceilings, a desirable roommate-friendly layout, a large living room, separate dining room, and a versatile bonus room perfect for a home office or den. The expansive private deck showcases stunning views of Downtown and Midtown, offers off-street parking and is in a premier location just steps from Central Park and walkable to Ponce City Market and the Atlanta Beltline. A rare opportunity to lease a charming, spacious home in one of Atlanta's most sought-after intown neighborhoods. Office Phone: (404) 541-3500 Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities for 494 Parkway Dr Ne

Some units at this address have these amenities. View unit details for more information.

Unit Amenities
  • Assigned Parking
  • In-Unit Laundry
  • Dishwasher
  • Hardwood Floor
  • Ceiling Fan

Policies at 494 Parkway Dr Ne

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Assigned Parking

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

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About 494 Parkway Dr Ne

HomeApartments in AtlantaOld Fourth Ward 494 Parkway Dr Ne #Apt., Atlanta, GA 30308, USA

Check out this stunning property located at 494 Pkwy Dr NE, Atlanta, GA 30308, in the heart of Old Fourth Ward! This beautifully crafted CRAFTSMAN-style building features 2 units, each boasting 3 spacious bedrooms and approximately 1800 square feet of living space. Enjoy modern conveniences, granite countertops, and separate dining rooms, all under soaring ceilings with stunning views. The property is situated near top-rated schools, including a middle school and high school with A- or higher ratings. Residents can take advantage of amenities like a dishwasher and hardwood floors. With its premier location, this property is perfect for those looking for a long-term rental. Note that this property is not pet-friendly. Come see what this incredible property has to offer!

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Address details

Units2
Units available2
Neighborhood
City
Zip code30308

494 Parkway Dr Ne is great for:

Social life

  • 453 restaurants within 1 mile of this property
  • 144 museums, art galleries, or cultural centers within 1 mile
  • 54 theaters, music venues, or sports arenas nearby
  • 493 mixed-use spaces nearby

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 494 Parkway Dr Ne, Atlanta, GA 30308, USA compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.1 mile away

Considerations

Greater distance from high schools
The nearest high school is farther than 1 mile away

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Rent trends in Atlanta

3-bedroom apartments at 494 Parkway Dr Ne cost about 12% less than the average rent price for 3-bedroom apartments in Old Fourth Ward.

Median rents as of May 9 2026.
Old Fourth Ward
Atlanta
A table of studio rental data trends in Atlanta
MonthMedian Rent
May 2024$1,570
June 2024$1,551
July 2024$1,513
August 2024$1,526
September 2024$1,531
October 2024$1,488
November 2024$1,511
December 2024$1,548
January 2025$1,532
February 2025$1,513
March 2025$1,487
April 2025$1,515
May 2025$1,538
June 2025$1,561
July 2025$1,514
August 2025$1,508
September 2025$1,485
October 2025$1,506
November 2025$1,501
December 2025$1,501
January 2026$1,502
February 2026$1,514
March 2026$1,488
April 2026$1,478
May 2026$1,440
A table of studio rental data trends in Old Fourth Ward
MonthMedian Rent
May 2024$1,662
June 2024$1,691
July 2024$1,669
August 2024$1,703
September 2024$1,807
October 2024$1,787
November 2024$1,750
December 2024$1,743
January 2025$1,736
February 2025$1,646
March 2025$1,672
April 2025$1,804
May 2025$1,803
June 2025$1,842
July 2025$1,852
August 2025$1,794
September 2025$1,785
October 2025$1,786
November 2025$1,765
December 2025$1,783
January 2026$1,775
February 2026$1,786
March 2026$1,714
April 2026$1,758
May 2026$1,719

Affordability calculator

Can I afford to live at 494 Parkway Dr Ne?

Bedrooms

3 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$140,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $140,000 annually to afford this 3-bedrooms median monthly rent price of $3,500.
For more information on rent affordability, visit our rent calculator.

Schools near 494 Parkway Dr Ne

Atlanta Children's Shelter

607 peachtree st ne

atlanta, GA, 30308

PKPublic

The John Hope-Charles Walter Hill Elementary Schools

112 blvd ne

atlanta, GA, 30312

PK, K-5Public
C

Whitefoord Early Learning Program

35 whitefoord ave

atlanta, GA, 30317

PKPublic

Michael R. Hollis Innovation Academy

225 james p brawley dr nw

atlanta, GA, 30314

PK, K-8Public
C

Woodson Park Academy

1605 donald lee hollowell pkwy

atlanta, GA, 30318

K-8Public
C-
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Getting around Atlanta near 494 Parkway Dr Ne

Walking

9/10
No car? No problem. Everything you need is within a few blocks.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

6/10
Frequent public transit options are within walking distance.

Points of interest for 494 Parkway Dr Ne, Atlanta

Groceries

6/10
At least one supermarket within a 15-minute walk

Shopping

8/10
Several shops within a few minutes’ walk

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

8/10
Wide variety of restaurants within a few minutes’ walk

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

5/10
At least one high school within a 20-minute walk

Parks

10/10
Exceptionally large amount of park space within a few minutes’ walk

Nightlife

7/10
Several bars within a few minutes’ walk

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