22 Hours Ago
Highlights
- Stainless steel appliances
- Modern finishes
Location
693 Formwalt St Sw, Atlanta, GA 30315, USA|Mechanicsville
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Property Overview
693 Formwalt Street Southwest is rated highly, with a Zumper expert rating of 9.1, reflecting its competitive pricing and outstanding amenities rated 10 out of 10. The location is exceptional, scoring 9 out of 10 for proximity to key points, while the property’s trustworthiness rated at 8 indicates transparency in management. Notable features include modern finishes and stainless steel appliances, complemented by a variety of nearby parks, public transit, and a supportive environment for remote work and social engagement.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Dishwasher- Images Available
- Outdoor space
Great for
Work-from-home
Floor plans
| 693 Formwalt Street Southwest - 6 | 2 bed | 1 bath | 675 sqft | $1,500 /mo | 1 unit available | ||
| 693 Formwalt Street Southwest - 2 | 2 bed | 1 bath | 675 sqft | $1,500 /mo | 1 unit available | . This second floor unit features it's own private staircase. Enjoy this humble, two bedroom unit with gorgeous sunlight pouring in through east facing windows. This apartment flaunts modern finishes and stainless steel appliances. Call it your new home today! |
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Amenities for 693 Formwalt Street Southwest
Apartment Amenities
| Trash Included |
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
Contact for more information on pet policy.
Required one-time fees
| Security Deposit | $0 |
|---|---|
Building details
Property details
| Units | 2 |
|---|
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About 693 Formwalt Street Southwest
- . This second floor unit features it's own private staircase. Enjoy this humble, two bedroom unit with gorgeous sunlight pouring in through east facing windows. This apartment flaunts modern finishes and stainless steel appliances. Call it your new home today!
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.1
/10
Excellent693 Formwalt Street Southwest is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Amenities and Price, which help to make this rental a great place to call home.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
693 Formwalt Street Southwest stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
693 Formwalt Street Southwest stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks, making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
693 Formwalt Street Southwest is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·9A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
693 Formwalt Street Southwest has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
693 Formwalt Street Southwest is great for:
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 693 Formwalt Street Southwest compares to other nearby properties.
Positives
- Dishwasher
- Dishwasher available in kitchen
- Images Available
- There are at least 10 photos of this address
- Outdoor space
- Easy access to the outdoors
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
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Rent trends in Mechanicsville
If you decide to upgrade your space, you can expect 2-bedrooms at 693 Formwalt Street Southwest to be 28% less than the average for similarly sized apartments in Mechanicsville.
Median rents as of Sep 6 2025.
Mechanicsville
Atlanta
| Month | Median 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 |
| Month | Median 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 693 Formwalt St Sw?
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
$60,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $60,000 annually to afford this 2-bedrooms median monthly rent price of $1,500.
For more information on rent affordability, visit our rent calculator.
Schools near 693 Formwalt Street Southwest
Dunbar Elementary School
500 whitehall ter sw
atlanta, GA, 30312
PK, K-5Public
C-
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Internet available near 693 Formwalt Street Southwest
Neighborhood
Mechanicsville | Atlanta, GA
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Atlanta near 693 Formwalt St Sw
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
5/10
Frequent public transit options are within walking distance.
Points of interest for 693 Formwalt St Sw, Atlanta
Groceries
6/10
At least one grocery store within a 15-minute walk
Shopping
6/10
Variety of shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
7/10
Variety of restaurants within walking distance
Primary schools
7/10
At least one elementary school within a 20-minute walk
High schools
2/10
No high schools within a 30-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
4/10
Some bars within walking distance
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