5+ Days Ago
Highlights
- Stainless steel appliances
- Gated community
- Hardwood floors throughout
Location
561 Formwalt St Sw #9, Atlanta, GA 30312, USA|Mechanicsville
Tour 561 Formwalt St Sw #9
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Property Overview
With 102 photos available, potential renters can easily visualize the offering, enhancing the appeal of the space. The gated community provides added security, while hardwood floors and stainless steel appliances contribute to a modern aesthetic. Ranking in the 90.32 percentile for value, this property represents a strong opportunity in the Atlanta market.
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
Less expensive- Images Available
- Laundry available on site
Great for
Social life
Amenities for 561 Formwalt St Sw #9, Mechanicsville
Apartment Amenities
| Central Air | Hardwood Floor |
Appliances
| Electric |
Building
| Exterior Type: Brick |
Grounds
| 2 Parking Spaces |
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
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About 561 Formwalt St Sw #9
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.
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
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
Address details
| Neighborhood | Mechanicsville |
|---|---|
| Zip code | 30312 |
| Type | Condo for rent |
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Rent trends in Mechanicsville
2-bedroom apartments at 561 Formwalt St Sw #9 cost about 10% less than the average rent price for 2-bedroom apartments in Atlanta.
Median rents as of Oct 25 2025.
Mechanicsville
Atlanta
| Month | Median Rent |
|---|---|
| November 2023 | $2,203 |
| December 2023 | $2,182 |
| January 2024 | $2,167 |
| February 2024 | $2,103 |
| March 2024 | $2,158 |
| April 2024 | $2,152 |
| May 2024 | $2,084 |
| June 2024 | $2,100 |
| July 2024 | $2,102 |
| August 2024 | $2,108 |
| September 2024 | $2,091 |
| October 2024 | $2,081 |
| November 2024 | $2,029 |
| December 2024 | $2,072 |
| January 2025 | $2,069 |
| February 2025 | $2,083 |
| March 2025 | $2,090 |
| April 2025 | $2,103 |
| May 2025 | $2,071 |
| June 2025 | $2,003 |
| July 2025 | $2,000 |
| August 2025 | $2,016 |
| September 2025 | $2,000 |
| October 2025 | $1,997 |
| Month | Median Rent |
|---|---|
| November 2023 | $2,608 |
| December 2023 | $2,550 |
| January 2024 | $2,425 |
| February 2024 | $2,200 |
| March 2024 | $2,020 |
| April 2024 | $1,752 |
| July 2024 | $2,046 |
| August 2024 | $2,138 |
| September 2024 | $1,912 |
| October 2024 | $1,900 |
| November 2024 | $1,722 |
| December 2024 | $1,800 |
| January 2025 | $2,175 |
| February 2025 | $1,641 |
| March 2025 | $1,575 |
| April 2025 | $1,687 |
| May 2025 | $1,645 |
| June 2025 | $1,970 |
| July 2025 | $2,480 |
| August 2025 | $2,023 |
| September 2025 | $2,027 |
| October 2025 | $1,500 |
Affordability calculator
Can I afford to live at 561 Formwalt St Sw #9?
Bedrooms
2 bedroomsRent-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
$54,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $54,000 annually to afford this 2-bedrooms monthly rent price of $1,350.
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.| Bath | |||||
|---|---|---|---|---|---|
| Last month | $1,500 | 2 bed | 1 bath | ||
| 2 months ago | $1,150 | 2 bed | 1 bath | ||
| 2 months ago | $1,150 | 2 bed | 1 bath | ||
| 4 months ago | $1,400 | 2 bed | 1 bath | ||
| 10 months ago | $1,650 | 2 bed | 1 bath | ||
| 1 year ago | $1,650 | 2 bed | 1 bath | ||
| 1 year ago | $1,200 | 2 bed | 1 bath | ||
| 1 year ago | $1,350 | 2 bed | 1 bath | ||
| 2 years ago | $1,250 | 2 bed | 1 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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Internet available near 561 Formwalt St Sw #9
Getting around Atlanta near 561 Formwalt St Sw #9
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 St Sw #9, 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 St Sw #9
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
Tameka Boutique
432 Ira St SW
Atlanta Braves
775 Hank Aaron Dr SW
Camille & Company
250 Spring St
Paula Hyman Michael Inc
250 Spring St
Scully Sportswear Inc
250 Spring St
Tropical Smoothie Cafe
572 Hank Aaron Dr SE
Hero Doughnuts & Buns
33 Georgia Ave SE
Coffee
847 McDaniel St SW
Adios Cafe at No Mas!
180 Walker St SW
Starbucks
350 Spelman Ln SW
656 Sports Bar & Grille
656 Pryor St SW
Iris Presents
181 Ralph David Abernathy Blvd SW
Bullpen Rib House
735 Pollard Blvd SW
Parlor
249 Peters St SW
Speakeasy Lounge
156 Forsyth St SW
Sweet Tooth's Dessert Bar
335 Nelson St SW
Flowers Indutries Inc
165 Northside Dr SW
Cake Hag Cakery
501 Grant St SE
Millionaire Cupcakes
Treats By Teresa
Ralph David Abernathy Plaza
Fulton-Pryor Island
Windsor Street Park
Rosa L. Burney Park
Ralph David Abernathy Median
656 Sports Bar & Grille
656 Pryor St SW
Chillz Restaurant & Bar
191 Ralph David Abernathy Blvd SW
Tom, Dick & Hank
191 Ralph David Abernathy Blvd SW
Bullpen Rib House
735 Pollard Blvd SW
Live Life Well Fed LLC
425 Fulton St SW
Pryor St SW / Crumley St SW
Pryor Road
Central Ave SW / Glenn St SW
Pryor Road
Pryor St SW / Richardson St SW
Pryor Road
Cooper St / Glenn St
McDonough Boulevard
Pryor St / Ralph David Abernathy Blvd
Pryor Road
Garnett Station
Gold, Red
Garnett Station
Gold, Red
Georgia State Station
Green, Blue
Georgia State Station
Green, Blue
Five Points Station
Green, Blue
Other units at this address
561 Formwalt Street Southwest, Atlanta, GA
561 Formwalt Street Southwest Atlanta, GA
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In-Unit Laundry
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Microwave • Dishwasher • Assigned Parking • Hardwood Floor • In-Unit Laundry
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