Vela Park
1881 2nd Ave,
Decatur, GA 30032
$1,598 - $3,871
Studio - 3 Beds
As one of the fastest growing areas in the Atlanta metro area, East Lake is a thriving community with proud residents, longstanding homes, and walkable streets. Most notable for hosting the annual PGA Tour Championship at the sprawling East lake Golf Club, East Lake has become the hub for all things golf. However, more than golfers are attracted to this up-and-coming neighborhood.
Situated just five miles east of Downtown Atlanta and just north of Interstate 20, residents of East Lake have a premier spot for commuting into the city for work or play. This DeKalb County neighborhood is a true suburban gem with beautiful wooded streets and welcoming neighborhoods. Around the East Lake area, you’ll find other happening neighborhoods such as Oakhurst, Inman Park, and Little Five Points!
As of January 2026, the average apartment rent in East Lake is $1,597 for a studio, $1,666 for one bedroom, $1,840 for two bedrooms, and $2,133 for three bedrooms. Apartment rent in East Lake has increased by 4.2% in the past year.
Studio
541 sq ft
Average Sq Ft
$1,597/month
Average Rent
1 BR
773 sq ft
Average Sq Ft
$1,666/month
Average Rent
2 BR
1,101 sq ft
Average Sq Ft
$1,840/month
Average Rent
3 BR
1,457 sq ft
Average Sq Ft
$2,133/month
Average Rent
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.