Average Rent in Midtown, Atlanta, GA

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Current Versus Historical Midtown, Atlanta, GA Rents

Midtown rentals average $0 for a studio rental to $12,450 for a 4-bedroom rental. The median price of all currently available listings is $2,700, or roughly $3 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $366 (17.45%) year-over-year from $2,095 to $2,460. 1-bedroom rentals prices have increased by $421 (20.74%) year-over-year from $2,031 to $2,452. 2-bedroom rentals prices have increased by $454 (15.40%) year-over-year from $2,946 to $3,400. 3-bedroom rentals prices have increased by $6 (0.13%) year-over-year from $4,120 to $4,125. 4-bedroom rentals prices have decreased by $10,933 (-61.31%) year-over-year from $17,833 to $6,900. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 38.40% this month. 1-bedroom rents have gone up by 11.84% this month. 2-bedroom rents have gone up by 9.02% this month. 3-bedroom rents have gone down by 26.88% this month. 4-bedroom rents have gone down by 32.79% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.67 $2,452 $2,031 (20.74%) $1,589 (54.29%)
2 BR $2.54 $3,400 $2,946 (15.40%) $2,398 (41.77%)
3 BR $2.37 $4,125 $4,120 (0.13%) $3,508 (17.58%)
4+ BR $3.43 $6,900 $17,833 (-61.31%) $4,442 (55.35%)

Historical Rents in Midtown, Atlanta, GA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Midtown

There are a total of 3 cities nearby Midtown. The average rent in Midtown is currently $2,600 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Smyrna, GA, with an average rent of $2,275, is the most affordable city nearby. In contrast, the most expensive city near Midtown, Atlanta, GA is Sandy Springs, GA. Monthly rents here are on average $2,775 per month.

Let's compare Midtown, Atlanta, GA's rent against other top cities nearby by bedroom size. One bedrooms are about 13.17% more expensive. Two bedrooms in Midtown, Atlanta, GA are about 24.32% more expensive. Finally, rent for three bedrooms are about 20.55% more expensive. Want more information? Check out the top 3 cities near Midtown, Atlanta, GA in the following chart.
City Studio 1 Bed 2 Bed All
Smyrna, GA N/A N/A $2,100 $2,275
Atlanta, GA $1,514 $1,875 $2,518 $2,600
Sandy Springs, GA N/A $1,711 $1,968 $2,775

Top Neighborhoods Near Midtown



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Midtown

Some of these counties include Clayton, GA, Douglas, GA, and DeKalb, GA. The average rent for rentals in these counties is $2,150. That's roughly around $1 per sqft. A total of 6 counties have a lower average rent. The county that is the most affordable is Clayton, GA. It's average rent per month is $1,815. Vice versa, with an average rent of $2,998, Fayette, GA is the most expensive county by Midtown, Atlanta, GA.

In comparison, rent for one bedroom listings in Midtown, Atlanta, GA is 17.51% more expensive than other counties nearby. Finally, rent for two bedrooms in Midtown, Atlanta, GA is 35.14% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Clayton, GA N/A $870 $1,493 $1,815
Douglas, GA N/A N/A $1,800 $2,075
DeKalb, GA $1,320 $1,625 $1,800 $2,103
Henry, GA N/A N/A $1,775 $2,150
Cobb, GA N/A $1,650 $1,850 $2,335
Fulton, GA $1,570 $1,855 $2,450 $2,550
Fayette, GA N/A $2,900 $1,600 $2,998

Top Zipcodes Near Midtown

There are a total of 6 zipcodes in or near Midtown, Atlanta, GA. The average rent for all of these zipcodes is $2,700. A total of 3 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 30349, Fulton County, GA at $1,995 per month. In comparison, the zipcode with the most expensive average rent of $2,950 per month is 30312, Atlanta, GA.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Midtown, Atlanta, GA is $1,830 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,450 per month. Which comes out to $2 per sqft. The following chart includes the top 6 zipcodes in Midtown, Atlanta, GA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
30308, Atlanta, GA N/A $2,025 $2,750 $2,650
30309, Atlanta, GA N/A $1,888 $2,800 $2,650
30312, Atlanta, GA N/A $2,125 $2,500 $2,950
30318, Atlanta, GA $1,572 $1,773 $2,400 $2,800
30349, Fulton County, GA N/A N/A $1,485 $1,995
30024, Gwinnett County, GA N/A $1,545 $1,830 $2,750

Frequently Asked Questions - Midtown Average Rents

What is the average rent price in Midtown, Atlanta, GA?
The average monthly rental price for Midtown, Atlanta, GA apartments for rent is approximately $2,700. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Midtown, Atlanta, GA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Midtown, Atlanta, GA.
How much is a studio apartment in Midtown, Atlanta, GA?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in Midtown.
How much is a one bedroom apartment in Midtown, Atlanta, GA?
The average monthly rental price for one bedroom apartments is $1,970 and an average price per square feet of $2.67. There are a total of 40 one bedroom apartment listings currently available for rent in Midtown.
How much is a two bedroom apartment in Midtown, Atlanta, GA?
The average monthly rental price for two bedroom apartments is $2,775 and an average price per square feet of $2.54. There are a total of 40 two bedroom apartment listings currently available for rent in Midtown.
How have rent prices in Midtown, Atlanta, GA changed this year?
Rent prices for rentals in Midtown, Atlanta, GA can fluctuate yearly. Specifically, studio rental prices have changed by 0.17%, one bedroom rental prices have changed by 0.21%, two bedroom rental prices have changed by 0.15%, and three bedroom rental prices have changed by 0.00% year-over-year.
What is a reasonable rent price in Midtown, Atlanta, GA?
A reasonable rent price in Midtown, Atlanta, GA is around $2,160/month. You can search for these reasonably priced rental listings on RentHop.
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