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561 Formwalt Street Southwest
561 Formwalt Street Southwest, Atlanta, GA 30312, USA

Condo for rent
Monthly rent
$1,350–$1,500
Beds2
Baths1
Sqft620
modified
5+ Days Ago

Highlights

  • gated parking
  • prime location
  • stainless steel appliances
  • gated community
  • refrigerator
  • hardwood floors throughout

Units

561 Formwalt Street Southwest Atlanta, GA

Available

9

2 Beds

1 Bath

$1,350

Listed on 08/14/2025
Listed by Tobias A. Jackson-Campbell
Days on market: 30
Property Status: Active Location, Location, Location! Enjoy convenient living in the heart of Atlanta minutes from everything including Downtown, Buckhead and Hartsfield Airport. This renovated 2 bedroom 1 bathroom condo is located inside of a gated community. It has exposed brick in the kitchen, stainless steel appliances, hardwood floors throughout and a private rear deck for entertaining. Office Phone: (404) 355-2833 Copyright © 2025 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.

Available

10

2 Beds

1 Bath

$1,500

Listed on 02/05/2025
Listed by Madeline Coffin
Days on market: 219
Property Status: Active *SECTION 8/VOUCHER HOLDERS WELCOME* Just minutes from Summerhill, Grant Park, and Downtown, this home offers unbeatable convenience with easy access to major highways, schools, and public transportation. Step inside to find a freshly updated space featuring a brand-new oven, refrigerator, and water heater, along with a beautifully refinished shower, updated vanity, and toilet. The modernized kitchen offers both style and functionality, perfect for everyday living. Enjoy the benefits of gated parking for added security, plus an EV charger—a rare find in this price range! This unit is perfect for anyone seeking a well-maintained home in a prime location. Use this link to apply: https apply link eUS6FEo Office Phone: (404) 876-4901 Copyright © 2025 First Multiple Listing Service, Inc. 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 561 Formwalt Street Southwest

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

Building
  • Dogs Ok
  • Cats Ok
  • On-Site Management
  • On-Site Laundry
Unit Amenities
  • Hardwood Floor
  • Air Conditioning
  • Ceiling Fan
  • Central Heat
  • Deck
  • In-Unit Laundry
  • Microwave
  • Dishwasher
  • Assigned Parking
  • On-Site Laundry
  • Furnished

Policies at 561 Formwalt Street Southwest

No pets allowed.

Parking

Assigned ParkingContact for Price
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About 561 Formwalt Street Southwest

HomeApartments in AtlantaMechanicsville 561 Formwalt St Sw #9, Atlanta, GA 30312, USA

Don't miss this fantastic opportunity to rent a 2-bedroom unit at 561 Formwalt St SW, Atlanta, GA 30312, in the heart of Mechanicsville! This intimate community consists of 8 units, each approximately 620 square feet in size. Enjoy the prime location, gated parking, and gated community for added security. Inside, you'll find modernized kitchens with stainless steel appliances, refrigerators, and beautiful hardwood floors throughout. The property also features an EV charger for your convenience. As a resident, you'll appreciate the HVAC system and hardwood floors. Plus, you'll be within walking distance to local grocery stores. With only long-term rentals offered, this is a great chance to make this property your home. Note that this is a pet-free community.

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Address details

Units8
Units available2
Neighborhood
City
Zip code30312

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 561 Formwalt Street Southwest, Atlanta, GA 30312, USA compares to other nearby properties.

Positives

Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Images Available
There are at least 10 photos of this address

Considerations

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

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Rent trends in Atlanta

If you decide to upgrade your space, you can expect 2-bedrooms at 561 Formwalt St Sw #9 to be 31% less than the average for similarly sized apartments in Mechanicsville.

Median rents as of Sep 6 2025.
Mechanicsville
Atlanta
A table of 1-bedroom apartment rental data trends in Atlanta
MonthMedian Rent
September 2023$1,710
October 2023$1,731
November 2023$1,702
December 2023$1,674
January 2024$1,696
February 2024$1,670
March 2024$1,674
April 2024$1,699
May 2024$1,650
June 2024$1,662
July 2024$1,643
August 2024$1,636
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$1,650
A table of 1-bedroom apartment rental data trends in Mechanicsville
MonthMedian Rent
September 2023$1,395
October 2023$1,295
November 2023$1,341
December 2023$1,485
January 2024$1,500
February 2024$1,314
March 2024$1,221
August 2024$1,390
September 2024$1,395
October 2024$1,409
November 2024$1,357
December 2024$1,500
January 2025$1,500
February 2025$1,500
March 2025$1,500
April 2025$1,500
May 2025$1,500
June 2025$1,450
July 2025$1,450
August 2025$1,485
September 2025$1,325

Affordability calculator

Can I afford to live at 561 Formwalt Street Southwest?

Bedrooms

2 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

$57,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $57,000 annually to afford this 2-bedrooms median monthly rent price of $1,425.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 561 Formwalt St Sw, Atlanta, GA.
Last month$1,1502 bed1 bath
Last month$1,1502 bed1 bath
3 months ago$1,4002 bed1 bath
6 months ago$1,2502 bed1 bath
11 months ago$1,6502 bed1 bath
1 year ago$1,2002 bed1 bath
1 year ago$1,3502 bed1 bath
1 year ago$1,2502 bed1 bath
2 years ago$1,5002 bed1 bath

Schools near 561 Formwalt St Sw #9

Dunbar Elementary School

500 whitehall ter sw

atlanta, GA, 30312

PK, K-5Public
C-
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Getting around Atlanta near 561 Formwalt Street Southwest

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

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

Points of interest for 561 Formwalt Street Southwest, Atlanta

Groceries

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

Shopping

6/10
Several shops within a few minutes’ walk

Cafes

4/10
Some cafés within a few minutes’ walk

Restaurants

7/10
Variety of restaurants within a few minutes' walk

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

4/10
At least one high school within a 30-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

5/10
Some bars within a few minutes’ walk

Explore the area around 561 Formwalt Street Southwest

Publix
572 Hank Aaron Dr SE
T's Intown Groceries
495 Whitehall St SW
Stadium Grocery & More
834 Hank Aaron Dr SE
Dessert Finest
Metropolitan Prime LLC
1163 Metropolitan Pkwy SW

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