Updated 2 Days Ago
Location
506 Old Wheat St Ne, Atlanta, GA 30312, USA|Old Fourth Ward
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Property Overview
Located in Atlanta’s Old Fourth Ward area, the home offers convenient access to nearby city amenities, dining, and transit options. It features a practical layout with appealing architectural details and a setting that can work well for a range of lifestyles.
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- Images Available
Great for
Eco living
Pet owners
Social life
Amenities for 506 Old Wheat St Ne, Old Fourth Ward
Features
| Balcony | Dryer |
| Forced Air | Freezer |
| Hardwood Floor | Washer |
| Water |
Appliances
| In-Unit Laundry | Microwave |
| Range/Oven | Refrigerator |
Community
| Dogs OK | Sewage |
Grounds
| Outdoor Space |
Services
| Garbage | Recycling |
Neighborhood
| Street |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Not allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 506 Old Wheat St Ne
Property Id: 963272 1 bed 1 bath in heart of old fourth ward! Only serious inquiries. Move in available September 14th. Walkable to Beltline and Krog St. market. 1 large bedroom, 1 bath, good size living area, updated kitchen, hard wood floors, and front porch. Washer/dryer in the unit. Water, trash and lawn care included. Application required. Security deposit dependent on credit check. Pets under 40 lbs. considered w/ pet fees. No previous evictions.
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 506 Old Wheat St Ne compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.3 mile away
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
Address details
| Neighborhood | Old Fourth Ward |
|---|---|
| Zip code | 30312 |
| Type | Condo for rent |
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Rent trends in Old Fourth Ward
1-bedroom apartments at 506 Old Wheat St Ne cost about the same as the average rent price for 1-bedroom apartments in Atlanta.
Median rents as of Aug 29 2026.
Old Fourth Ward
Atlanta
| Month | Median Rent |
|---|---|
| September 2024 | $1,630 |
| October 2024 | $1,598 |
| November 2024 | $1,600 |
| December 2024 | $1,638 |
| January 2025 | $1,646 |
| February 2025 | $1,619 |
| March 2025 | $1,616 |
| April 2025 | $1,608 |
| May 2025 | $1,601 |
| June 2025 | $1,608 |
| July 2025 | $1,610 |
| August 2025 | $1,644 |
| September 2025 | $1,645 |
| October 2025 | $1,618 |
| November 2025 | $1,600 |
| December 2025 | $1,608 |
| January 2026 | $1,626 |
| February 2026 | $1,614 |
| March 2026 | $1,601 |
| April 2026 | $1,628 |
| May 2026 | $1,652 |
| June 2026 | $1,680 |
| July 2026 | $1,670 |
| August 2026 | $1,655 |
| Month | Median Rent |
|---|---|
| September 2024 | $1,995 |
| October 2024 | $1,976 |
| November 2024 | $1,892 |
| December 2024 | $1,858 |
| January 2025 | $1,963 |
| February 2025 | $1,970 |
| March 2025 | $1,867 |
| April 2025 | $1,769 |
| May 2025 | $1,886 |
| June 2025 | $1,856 |
| July 2025 | $1,846 |
| August 2025 | $1,870 |
| September 2025 | $1,813 |
| October 2025 | $1,914 |
| November 2025 | $1,905 |
| December 2025 | $1,816 |
| January 2026 | $1,878 |
| February 2026 | $1,946 |
| March 2026 | $2,002 |
| April 2026 | $2,019 |
| May 2026 | $2,016 |
| June 2026 | $1,934 |
| July 2026 | $1,908 |
| August 2026 | $1,906 |
Affordability calculator
Can I afford to live at 506 Old Wheat St Ne?
Bedrooms
1 bedroomRent-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
$74,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $74,000 annually to afford this 1-bedroom monthly rent price of $1,850.
For more information on rent affordability, visit our rent calculator.
Schools near 506 Old Wheat St Ne
The John Hope-Charles Walter Hill Elementary Schools
112 blvd ne
atlanta, GA, 30312
PK, K-5Public
C
Atlanta Children's Shelter
607 peachtree st ne
atlanta, GA, 30308
PKPublic
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
Tuskegee Airman Global Academy
1625 westhaven dr sw
atlanta, GA, 30311
PK, K-5Public
C-
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Internet available near 506 Old Wheat St Ne
Neighborhood
Old Fourth Ward | Atlanta, GA
Getting around Atlanta near 506 Old Wheat St Ne
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
6/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
6/10
Popular public transit options are just a short walk from this location.
Points of interest for 506 Old Wheat St Ne, Atlanta
Groceries
9/10
At least one supermarket within a 5-minute walk
Shopping
7/10
Several shops within a few minutes’ walk
Cafes
6/10
Several cafés within a few minutes’ walk
Restaurants
9/10
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
9/10
At least one high school within a 10-minute walk
Parks
9/10
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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