AbstractWhile considerable research has established the impacts of urbanization on streamflow, there has been little emphasis on how intra‐annual variations in streamflow can deepen the understanding of hydrological processes in urban watersheds. This study fills this critical research gap by examining, at the monthly scale, correlations between land‐cover and streamflow, differences in streamflow metrics between urban and rural watersheds, and the potential for the inflow and infiltration (I&I) of extraneous water into sewers to reduce streamflow. We use data from 90 watersheds in the Atlanta, GA region over the 2013–2019 period to accomplish our objectives. Similar to other urban areas in temperate climates, Atlanta has a soil‐water surplus in winter and a soil‐water deficit in summer. Our results show urban watersheds have less streamflow seasonality than do rural watersheds. Compared to rural watersheds, urban watersheds have a much larger frequency of high‐flow days during July–October. This is caused by increased impervious cover decreasing the importance of antecedent soil moisture in producing runoff. Urban watersheds have lower baseflows than rural watersheds during December–April but have baseflows equal to or larger than baseflows in rural watersheds during July–October. Intra‐annual variations in effluent data from wastewater treatment plants provide evidence that I&I is a major cause of the relatively low baseflows during December–April. The relatively high baseflows in urban watersheds during July–October are likely caused by reduced evapotranspiration and the inflow of municipal water. The above seasonal aspects of urban effects on streamflow should be applicable to most urban watersheds with temperate climates.