Average Rent in Atlanta, GA

Home  »  GA  »  Atlanta

Current Versus Historical Atlanta, GA Rents

Atlanta rentals average $1,543 for a studio rental to $4,000 for a 4-bedroom rental. The median price of all currently available listings is $2,500, or roughly $2 per square feet.
For the apartment units and housing in February 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $584 (-27.69%) year-over-year from $2,109 to $1,525. 1-bedroom rentals prices have decreased by $455 (-22.44%) year-over-year from $2,028 to $1,573. 2-bedroom rentals prices have decreased by $799 (-26.64%) year-over-year from $2,999 to $2,200. 3-bedroom rentals prices have decreased by $258 (-9.01%) year-over-year from $2,858 to $2,600. 4-bedroom rentals prices have increased by $950 (37.25%) year-over-year from $2,550 to $3,500. 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 down by 18.84% this month. 1-bedroom rents have gone down by 12.35% this month. 2-bedroom rents have gone down by 16.72% this month. 3-bedroom rents have gone down by 1.27% this month. 4-bedroom rents have gone up by 8.23% this month.
Beds
Price / Sqft
Feb 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.60 $1,525 $2,109 (-27.69%) $1,543 (-1.19%)
1 BR $2.33 $1,573 $2,028 (-22.44%) $1,595 (-1.43%)
2 BR $2.13 $2,200 $2,999 (-26.64%) $2,167 (1.54%)
3 BR $1.90 $2,600 $2,858 (-9.01%) $2,214 (17.43%)
4+ BR $1.83 $3,500 $2,550 (37.25%) $2,600 (34.63%)

Historical Rents in Atlanta, GA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Atlanta

There are a total of 2 cities nearby Atlanta. The average rent in Atlanta is currently $2,449 per month. Only one city nearby has an average rent lower than that. Our records show that Smyrna, GA, with an average rent of $2,148, is the most affordable city nearby. In contrast, the most expensive city near Atlanta, GA is Sandy Springs, GA. Monthly rents here are on average $2,750 per month.

Let's compare Atlanta, GA's rent against other top cities nearby by bedroom size. One bedrooms are about 12.14% more affordable. Two bedrooms in Atlanta, GA are about 23.00% more expensive. Finally, rent for three bedrooms are about 2.97% more expensive. Want more information? Check out the top 2 cities near Atlanta, GA in the following chart.
City Studio 1 Bed 2 Bed All
Smyrna, GA N/A $1,875 $1,900 $2,148
Sandy Springs, GA N/A $2,050 $1,950 $2,750

Top Neighborhoods Near Atlanta

There are a total of 1 neighborhoods in or near Atlanta. We've included all of these top 1 neighborhoods in or near Atlanta, GA in the following chart.

The average rent for these 1 neighborhoods in or near Atlanta, GA is currently around $2,250 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near Atlanta, Midtown has the most affordable average rent at $2,250 per month. Whereas, at $2,250 average rent per month, Midtown is the most expensive neighborhood in or near Atlanta. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Midtown, Atlanta, GA $1,590 $1,900 $3,000 $2,250

Top Counties Near Atlanta

There are a total of 1 counties located by Atlanta, GA. Some of these counties include Clayton, GA, Douglas, GA, and DeKalb, GA. The average rent for rentals in these counties is $2,170. 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 $1,795. Vice versa, with an average rent of $2,725, Fayette, GA is the most expensive county by Atlanta, GA.

In comparison, rent for one bedroom listings in Atlanta, GA is 11.43% more expensive than other counties nearby. Finally, rent for two bedrooms in Atlanta, GA is 28.00% 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 $995 $1,350 $1,795
Douglas, GA N/A N/A $1,535 $1,895
DeKalb, GA $1,223 $1,550 $1,900 $2,070
Henry, GA N/A N/A $1,525 $2,170
Cobb, GA N/A $1,600 $1,800 $2,240
Fulton, GA $1,543 $1,750 $2,288 $2,480
Fayette, GA N/A $2,650 $2,300 $2,725

Top Zipcodes Near Atlanta

There are a total of 7 zipcodes in or near Atlanta, GA. The average rent for all of these zipcodes is $2,375. A total of 6 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 30058, DeKalb County, GA at $1,898 per month. In comparison, the zipcode with the most expensive average rent of $2,775 per month is 30024, Gwinnett County, GA.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Atlanta, GA is $1,745 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,900 per month. Which comes out to $2 per sqft. The following chart includes the top 7 zipcodes in Atlanta, GA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
30318, Atlanta, GA $1,543 $1,745 $2,400 $2,400
30309, Atlanta, GA N/A $1,800 $3,000 $2,395
30058, DeKalb County, GA N/A N/A $1,600 $1,898
30349, Fulton County, GA N/A N/A $1,750 $2,005
30308, Atlanta, GA $1,590 $1,850 $2,900 $2,375
30080, Smyrna, GA N/A $1,875 $1,900 $2,125
30024, Gwinnett County, GA N/A $1,590 $1,880 $2,775

Frequently Asked Questions - Atlanta Average Rents

What is the average rent price in Atlanta, GA?
The average monthly rental price for Atlanta, GA apartments for rent is approximately $2,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 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 Atlanta, GA.
How much is a studio apartment in Atlanta, GA?
The average monthly rental price for studio apartments is $1,543 and an average price per square feet of $2.60. There are a total of 10 studio apartment listings currently available for rent in Atlanta.
How much is a one bedroom apartment in Atlanta, GA?
The average monthly rental price for one bedroom apartments is $1,750 and an average price per square feet of $2.33. There are a total of 152 one bedroom apartment listings currently available for rent in Atlanta.
How much is a two bedroom apartment in Atlanta, GA?
The average monthly rental price for two bedroom apartments is $2,500 and an average price per square feet of $2.13. There are a total of 186 two bedroom apartment listings currently available for rent in Atlanta.
How have rent prices in Atlanta, GA changed this year?
Rent prices for rentals in Atlanta, GA can fluctuate yearly. Specifically, studio rental prices have changed by -0.28%, one bedroom rental prices have changed by -0.22%, two bedroom rental prices have changed by -0.27%, and three bedroom rental prices have changed by -0.09% year-over-year.
What is a reasonable rent price in Atlanta, GA?
A reasonable rent price in Atlanta, GA is around $2,000/month. You can search for these reasonably priced rental listings on RentHop.
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2024 RentHop.com™
Quantcast