Average Rent In Georgia For January 2024
Average Rent
What is the average rent in Georgia?
The average rent in Georgia for January 2024 is $1,323, according to the most recent data from ApartmentList - January 3, 2024. The average rent of a 2-bedroom apartment in Georgia is $1,250. The average rent of a 1-bedroom apartment in Georgia is $1,241.
Compared to the national average of $1,379, Georgia rent costs -4.1% less. Read our analysis of rents by state to see how Georgia ranks.
Here's a look at how average rents have changed over time:
How Does Georgia Rent Compare To The Rest Of The Country?
| Statistic | GA | USA | % Difference |
|---|---|---|---|
| Average Rent | $1,323 | $1,379 | -4.1% |
| M-o-M Change | -$12 | -$11 | 9.1% |
| Y-o-Y Change | -$51 | -$14 | 264.3% |
| M-o-M % Change | -0.9% | -0.8% | - |
| Y-o-Y % Change | -3.7% | -1.0% | - |
Median Rent By Bedrooms In Georgia
1-Bedroom
2-Bedroom
As you would expect, the median price for rent in Georgia increases as the number of bedrooms in the unit increases. 1-Bedroom rent is the cheapest in Georgia clocking in at $1,241, while a 2-bedroom rental will set you back $1,250 per month.
If you don't mind having roommates, the best option on a per room basis is a 2-bedroom rental for $625/room/month.
Read on to find out more or for more on Georgia check out:
Month Over Month Georgia Rent Statistics
M-o-M Increase
M-o-M Increase
Georgia has experienced a -$12 change in rent over the past month going from $1,335 to $1,323. That change comes out to -0.9%.
For reference, the US national average rent changed -$11 in the past month or -0.8%.
Here's a look at the month over month change for each month since 2017 for Georgia:
Year Over Year Georgia Rent Statistics
Y-o-Y Increase
Y-o-Y Increase
Over the past year, the average rent in Georgia changed -$51 from $1,374 to $1,323. A change of -$51 means that rents changed -3.7% in a year.
That compares to the US national change of -$14 in the past year or -1.0%.
Here's a look at the year over year change by month since 2017 for Georgia:
The 10 Places With The Highest Rent In Georgia
Population: 83,397
Median Rent: $1,571
More on Johns Creek: Data | Crime | Cost Of Living | Real Estate
Population: 18,655
Median Rent: $1,544
More on Suwanee: Data | Crime | Cost Of Living | Real Estate
Population: 9,316
Median Rent: $1,505
More on Braselton: Data | Crime | Cost Of Living | Real Estate
Population: 48,857
Median Rent: $1,460
More on Dunwoody: Data | Crime | Cost Of Living | Real Estate
Population: 5,366
Median Rent: $1,445
More on Dacula: Data | Cost Of Living | Real Estate
Population: 34,988
Median Rent: $1,438
More on Peachtree City: Data | Crime | Cost Of Living | Real Estate
Population: 63,929
Median Rent: $1,415
More on Alpharetta: Data | Crime | Cost Of Living | Real Estate
Population: 11,766
Median Rent: $1,382
More on Richmond Hill: Data | Crime | Cost Of Living | Real Estate
Population: 37,556
Median Rent: $1,372
More on Milton: Data | Crime | Cost Of Living | Real Estate
Population: 29,227
Median Rent: $1,357
More on Woodstock: Data | Crime | Cost Of Living | Real Estate
Learn More About Living In Georgia
About Chris Kolmar
Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.
He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.
If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.
You can find out more about him on LinkedIn.