Sometimes abbreviated O4W. This historic neighborhood is best known for the Martin Luther King Jr. National Historic Site – but that doesn’t mean O4W is just a museum piece – some of the best nightlife in Atlanta is right here. O4W apartments for rent offer easy access to hip joints like the Bookhouse pub or dance the night away at The Sound Table.
The name of Old Fourth Ward is inseparable from Martin Luther King, Jr., from the black history, from the poverty and oppression of the Southeast. But it’s also an example of how a neighborhood can grow, forgetting its divisive, in a single rush for social progress and equality. Racially diverse and economically successful, Old Fourth Ward sets the sail of tolerance and mutual respect – the core of American nationality.
It surely had its problems in the past; today, Old Fourth Ward is revived, attractive for many, and vibrant with old and new traditions. If you’re fond of history, if you’re sentimental or practical, Old Fourth Ward is a neighborhood for you.
Just over a century ago, Old Fourth Ward was an exclusively black residential area, and even in 2000 African Americans amounted to 4/5 of the population. Today, the racial distribution almost equaled in the neighborhood. The income of locals is more or less compatible with Atlanta average – Old Fourth Ward has recently become a trendy neighborhood among white population. Half of the people over 25 have at least Bachelor’s degree, a great result for a neighborhood resurrecting from its historic hardships.
Well, what can we say? Just a couple of words: Martin Luther King, Jr. historic site. Yes, it’s here, the famous 35 acres of museums, including the home and church of King, the International World Peace Rose Garden, and the sight of annual celebrations of Martin Luther King, Jr. Day, Black History Month, and King’s assassination. For people less sentimental, there are Ponce City Market, Edgewood Avenue, and Atlanta Medical Center, not to mention the iconic BeltLine Eastside Trail and Freedom Parkway.
Fancy public transport? Old Fourth Ward has plenty to offer: MARTA bus lines, several stations of an elevated train, and the Atlanta Streetcar serve the neighborhood. Enjoy biking? You’ll be glad to know bike lanes are the focus of municipal interest, well maintained and regularly groomed. There’s also bike share service if you don’t have your own vehicle. But if you prefer walking on foot, good news: Old Fourth Ward is an example of walkability for the rest Atlanta neighborhoods.
|Rent Price||Jun||vs Last Month|
|1 bed rentals||$1,837||-6.1%|
|2 bed rentals||$3,035||+20.3%|
|3 bed rentals||$5,300||-40%|
|4+ bed rentals||$2,926||+39.5%|
Over the Jun 2022, the average rent for an apartment in/near Old Fourth Ward, Atlanta, GA increased by 17.2% to $2,788.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at $1,837 with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you $3,035. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $5,300. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $2,926 for a big-family home.
|Rent Type Price||Jun||vs Last Month|
Looking at the median rent price for an apartment in Old Fourth Ward, Atlanta, GA, you can note that it remains flat with a price tag of $2,068. The median rent for a house is still $5,906 with no significant changes this month. Condo for rent is now available for the same pricing as previously — $3,272. An average duplex is now available for $2,500, cause median rent for a duplex remains the same this month. If you’re looking for a room, the price tag still starts at $650. The median price did not change this time. Townhouse rent pricing didn’t change, the price still starts at $7,000.
Getting apartments for rent in the neighborhood is a nifty alternative for those awed by the high housing prices in Atlanta. Great options of apartments for rent in Old Fourth Ward, Atlanta, can be found in new condo complexes along Ponce de Leon Avenue on the north, leading to Midtown Atlanta, and the BeltLine, which presents a great ensemble of industrial architecture. Northwest leads to Piedmont Avenue and Downtown Atlanta, and consists of renovated houses for rent in Old Fourth Ward, the projects that give the distinct historic vibe mixed with a modern urban feel. Add the blending of cultures and ethnicities, and you’ll get the vibe of Old Fourth Ward – reborn as a phoenix rising from the ashes.