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Updated 4 Hours Ago

Highlights

  • Pet Friendly
  • Hardwood floors
  • Stainless steel appliances
  • Newly renovated property

Location

386 Parkway Dr Ne, Atlanta, GA 30312, USA|Old Fourth Ward
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Management

Virginia Highlands Apartments, Inc.

Leasing office

(404) 747-8231

Property Overview

386 Parkway Apartments is rated highly overall, with strong marks for price, location, quality, amenities, and trustworthiness. It offers hardwood floors, stainless steel appliances, and a newly renovated interior, along with strong value for money and a vibrant nearby mix of restaurants, cultural spots, and entertainment venues.

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.

Zumper Expert Rating

9.0
Excellent
386 Parkway Apartments 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 Price and Location, which help to make this rental a great place to call home.

Things you’ll love

  • Less expensive

Great for

  • Social life

Floor plans

0BR/1.0BAStudio1 bath550 sqft$1,095 /mo1 unit available
1BR/1.0BA1 bed1 bath615 sqft$1,295 /mo1 unit available386 Parkway – 1 Bedroom Apartments Old Forth Ward - Renovated 1 Bedroom Apartment Come explore the bustling community the Old Forth Ward has to offer, at our newly renovated property! Less than a mile from the Beltline, Ponce City Market, Krog Street Market and the Historic Forth Ward Park there is much to explore! These beautifully renovated 1-bedroom apartments offer stainless steel appliances, in-unit W/D and plank flooring. Showings are available M-F between 8:00am and 5:00pm. Once you have viewed the property, you are eligible to apply and reserve your unit. If you would like to set up a tour, please call our office or send us an email. Additional Details: Renter is responsible for electric. Pets welcome. No more than two pets per unit. Water/Wifi - $128 per month Pet Rent - $15 per pet, per month Pet Deposit - $200 per pet, fully refundable OCD Management Office: (404)352-3211 ****

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Amenities for 386 Parkway Apartments

Building

Cats OKDogs OK
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
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units18
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About 386 Parkway Apartments

HomeApartments in AtlantaOld Fourth Ward 386 Parkway Apartments

386 Parkway – 1 Bedroom Apartments Old Forth Ward - Renovated 1 Bedroom Apartment Come explore the bustling community the Old Forth Ward has to offer, at our newly renovated property! Less than a mile from the Beltline, Ponce City Market, Krog Street Market and the Historic Forth Ward Park there is much to explore! These beautifully renovated 1-bedroom apartments offer stainless steel appliances, in-unit W/D and plank flooring. Showings are available M-F between 8:00am and 5:00pm. Once you have viewed the property, you are eligible to apply and reserve your unit. If you would like to set up a tour, please call our office or send us an email. Additional Details: Renter is responsible for electric. Pets welcome. No more than two pets per unit. Water/Wifi - $128 per month Pet Rent - $15 per pet, per month Pet Deposit - $200 per pet, fully refundable OCD Management Office: (404)352-3211 ****


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.
9.0
/10
Excellent
386 Parkway Apartments 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 Price and Location, which help to make this rental a great place to call home.
How we rated 386 Parkway Apartments
Price·10A 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.
386 Parkway Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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, 386 Parkway Apartments 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.
386 Parkway Apartments 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.
386 Parkway Apartments 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.

386 Parkway Apartments is great for:

Social life

  • 482 restaurants within 1 mile of this property
  • 150 museums, art galleries, or cultural centers within 1 mile
  • 716 mixed-use spaces nearby
  • 55 theaters, music venues, or sports arenas nearby

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 386 Parkway Apartments compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Less expensive
Studio units are cheaper than other similar listings nearby

Considerations

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

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Rent trends in Old Fourth Ward

Studio apartments at 386 Parkway Apartments cost about 33% less than the average rent price for studios in Old Fourth Ward.

1-bedroom apartments here are priced 34% lower than 1-bedrooms in Old Fourth Ward.

Median rents as of Aug 1 2026.
Old Fourth Ward
Atlanta
A table of studio rental data trends in Atlanta
MonthMedian Rent
August 2024$1,517
September 2024$1,531
October 2024$1,488
November 2024$1,511
December 2024$1,548
January 2025$1,532
February 2025$1,513
March 2025$1,487
April 2025$1,515
May 2025$1,538
June 2025$1,561
July 2025$1,514
August 2025$1,508
September 2025$1,485
October 2025$1,506
November 2025$1,501
December 2025$1,501
January 2026$1,502
February 2026$1,514
March 2026$1,488
April 2026$1,478
May 2026$1,441
June 2026$1,449
July 2026$1,485
August 2026$1,498
A table of studio rental data trends in Old Fourth Ward
MonthMedian Rent
August 2024$1,711
September 2024$1,807
October 2024$1,787
November 2024$1,750
December 2024$1,743
January 2025$1,736
February 2025$1,646
March 2025$1,672
April 2025$1,804
May 2025$1,803
June 2025$1,842
July 2025$1,852
August 2025$1,794
September 2025$1,785
October 2025$1,786
November 2025$1,765
December 2025$1,783
January 2026$1,775
February 2026$1,786
March 2026$1,714
April 2026$1,758
May 2026$1,755
June 2026$1,752
July 2026$1,570
August 2026$1,629

Affordability calculator

Can I afford to live at 386 Parkway Dr Ne?

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

$43,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $43,800 annually to afford this studio monthly rent price of $1,095.
For more information on rent affordability, visit our rent calculator.

Schools near 386 Parkway Apartments

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

Woodson Park Academy

1605 donald lee hollowell pkwy

atlanta, GA, 30318

K-8Public
C-
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Internet available near 386 Parkway Apartments

Getting around Atlanta near 386 Parkway Dr 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 386 Parkway Dr Ne, Atlanta

Groceries

7/10
At least one grocery store within a 15-minute walk

Shopping

7/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

8/10
Variety of restaurants within a few minutes' walk

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

7/10
At least one high school within a 20-minute walk

Parks

9/10
Large amount of park space nearby

Nightlife

7/10
Variety of bars within walking distance

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