Zumper
modified
5+ Days Ago

Highlights

  • Stainless steel appliances
  • Modern finishes

Location

693 Formwalt St Sw, Atlanta, GA 30315, USA|Mechanicsville
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Contact

Management

Stone Water Real Estate Management LLC

Leasing office

(844) 326-4677 ext. 3469

Property Overview

693 Formwalt Street Southwest features modern finishes and stainless steel appliances, enhancing its appeal for prospective renters. With a Zumper Expert Rating of 8.6 out of 10, the property excels in quality, location, price, and amenities, indicating a strong value proposition. Additionally, its competitive pricing and commendable trustworthiness ratings further underline its attractiveness in the rental market.

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

Zumper Expert Rating

8.6
Very Good
With a solid 8.6 out of 10 overall, 693 Formwalt Street Southwest is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 693 Formwalt Street Southwest has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Great for

  • Work-from-home

Floor plans

693 Formwalt Street Southwest - 12 bed1 bath675 sqft$1,400 /mo

Let's explore this property.

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

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time.

Contact Property

Questions about this property’s policies and fees?

Building details

Property details

Units1
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About 693 Formwalt Street Southwest

HomeApartments in AtlantaMechanicsville 693 Formwalt Street Southwest

693 Formwalt Street Southwest cost $1,400 per month. Located at 693 Formwalt St Sw, Atlanta, GA 30315, USA, 693 Formwalt Street Southwest has 2 bedroom units available. Based on the average rent price of 2 bedrooms in Atlanta, renting an apartment at 693 Formwalt Street Southwest is 31% cheaper per month.Other apartment buildings in or around Atlanta include but are not limited to: 1099 Boulevard Se, 2716 Buford Highway Northeast, 177 N Colonial Homes Cir Nw, 1296 Moreland Ave Se


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.
8.6
/10
Very Good
With a solid 8.6 out of 10 overall, 693 Formwalt Street Southwest is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 693 Formwalt Street Southwest has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 693 Formwalt Street Southwest
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·8A 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.
With multiple in-demand amenities, 693 Formwalt Street Southwest is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
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·7A 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.
693 Formwalt Street Southwest provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

693 Formwalt Street Southwest is great for:

Work-from-home

  • Utilities included in the rent
  • Large windows for natural lighting
  • Quiet environment with little noise pollution
  • 1 office supply store within 1 mile

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.

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

2-bedroom apartments at 693 Formwalt Street Southwest cost about 8% more than the average rent price for 2-bedroom apartments in Mechanicsville.

Median rents as of Apr 4 2026.
Mechanicsville
Atlanta
A table of 1-bedroom apartment rental data trends in Atlanta
MonthMedian Rent
April 2024$1,697
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$1,645
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$1,619
A table of 1-bedroom apartment rental data trends in Mechanicsville
MonthMedian Rent
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$1,355
October 2025$1,200
November 2025$1,400
December 2025$1,375
January 2026$1,392
February 2026$1,357
March 2026$1,281
April 2026$1,250

Affordability calculator

Can I afford to live at 693 Formwalt St Sw?

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

$56,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $56,000 annually to afford this 2-bedrooms monthly rent price of $1,400.
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-

Michael R. Hollis Innovation Academy

225 james p brawley dr nw

atlanta, GA, 30314

PK, K-8Public
C

Atlanta Children's Shelter

607 peachtree st ne

atlanta, GA, 30308

PKPublic

Tuskegee Airman Global Academy

1625 westhaven dr sw

atlanta, GA, 30311

PK, K-5Public
C-

Whitefoord Early Learning Program

35 whitefoord ave

atlanta, GA, 30317

PKPublic
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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 supermarket within a 15-minute walk

Shopping

6/10
Several shops within a few minutes’ walk

Cafes

4/10
Some cafés within walking distance

Restaurants

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

Primary schools

7/10
At least one elementary school within a 15-minute walk

High schools

2/10
At least one high school within a 30-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

4/10
Some bars within a few minutes’ walk

Explore the area around 693 Formwalt St Sw

Publix
572 Hank Aaron Dr SE
Stadium Grocery & More
834 Hank Aaron Dr SE
West End Nails
576 Lee St SW
Metropolitan Prime LLC
1163 Metropolitan Pkwy SW
Carver Neighborhood Market
1297 Jonesboro Rd SE

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