Average Rent in Fayette, GA

Home  »  GA  »  Fayette

Current Versus Historical Fayette, GA Rents

Fayette rentals average $0 for a 1-bedroom rental to $3,200 for a 4-bedroom rental. The median price of all currently available listings is $2,878, or roughly $1 per square feet.
For the apartment units and housing in March 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $675 (-23.89%) year-over-year from $2,825 to $2,150. 1-bedroom rentals prices have increased by $202 (15.53%) year-over-year from $1,298 to $1,500. 2-bedroom rentals prices have decreased by $53 (-2.92%) year-over-year from $1,800 to $1,748. 3-bedroom rentals prices have decreased by $183 (-8.03%) year-over-year from $2,283 to $2,100. 4-bedroom rentals prices have increased by $100 (3.45%) year-over-year from $2,898 to $2,998. 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 4.07% this month. 1-bedroom rents have gone down by 21.74% this month. 2-bedroom rents have gone up by 4.38% this month. 3-bedroom rents have gone down by 2.93% this month. 4-bedroom rents have gone up by 1.64% this month.
Beds
Price / Sqft
Mar 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
2 BR $1.39 $1,748 $1,800 (-2.92%) $1,374 (27.17%)
3 BR $1.67 $2,100 $2,283 (-8.03%) $1,774 (18.37%)
4+ BR $1.16 $2,998 $2,898 (3.45%) $2,492 (20.30%)

Historical Rents in Fayette, GA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Fayette

There are a total of 1 cities nearby Fayette. The average rent in Fayette is currently $2,600 per month. Only one city nearby has an average rent lower than that. Our records show that Atlanta, GA, with an average rent of $2,600, is the most affordable city nearby. In contrast, the most expensive city near Fayette, GA is Atlanta, GA. Monthly rents here are on average $2,600 per month.

Let's compare Fayette, GA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Fayette, GA is inf% more affordable than other cities nearby. One bedrooms are about inf% more affordable. Two bedrooms in Fayette, GA are about 33.33% more affordable. Finally, rent for three bedrooms are about 38.77% more affordable. Want more information? Check out the top 1 cities near Fayette, GA in the following chart.
City Studio 1 Bed 2 Bed All
Atlanta, GA $1,500 $1,800 $2,500 $2,600

Top Neighborhoods Near Fayette

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

The average rent for these 1 neighborhoods in or near Fayette, GA is currently around $2,600 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near Fayette, Midtown has the most affordable average rent at $2,600 per month. Whereas, at $2,600 average rent per month, Midtown is the most expensive neighborhood in or near Fayette. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Midtown, Atlanta, GA $1,350 $2,000 $2,800 $2,600

Top Counties Near Fayette

There are a total of 1 counties located by Fayette, GA. Some of these counties include Clayton, GA, Douglas, GA, and DeKalb, GA. The average rent for rentals in these counties is $2,273. That's roughly around $1 per sqft. A total of 5 counties have a lower average rent. The county that is the most affordable is Clayton, GA. It's average rent per month is $1,750. Vice versa, with an average rent of $2,600, Fulton, GA is the most expensive county by Fayette, GA.

In comparison, rent for one bedroom listings in Fayette, GA is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in Fayette, GA is 2.67% 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 $1,384 $1,750
Douglas, GA N/A N/A $1,488 $1,995
DeKalb, GA N/A $1,500 $1,825 $2,273
Henry, GA N/A N/A $2,200 $2,325
Fulton, GA $1,514 $1,800 $2,440 $2,600

Top Zipcodes Near Fayette

There are a total of 3 zipcodes in or near Fayette, GA. The average rent for all of these zipcodes is $2,500. 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 30318, Atlanta, GA at $2,500 per month. In comparison, the zipcode with the most expensive average rent of $2,720 per month is 30308, Atlanta, GA.

Studios in these zipcodes have an average rent of $1,350. That's at least $2 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Fayette, GA is $1,873 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,800 per month. Which comes out to $2 per sqft. The following chart includes the top 3 zipcodes in Fayette, GA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
30318, Atlanta, GA $1,527 $1,698 $2,507 $2,500
30309, Atlanta, GA N/A $1,873 $2,800 $2,500
30308, Atlanta, GA $1,350 $2,000 $2,800 $2,720

Frequently Asked Questions - Fayette Average Rents

What is the average rent price in Fayette, GA?
The average monthly rental price for Fayette, GA apartments for rent is approximately $2,878. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Fayette, 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 Fayette, GA.
How much is a studio apartment in Fayette, 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 0 studio apartment listings currently available for rent in Fayette.
How much is a one bedroom apartment in Fayette, GA?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 one bedroom apartment listings currently available for rent in Fayette.
How much is a two bedroom apartment in Fayette, GA?
The average monthly rental price for two bedroom apartments is $1,875 and an average price per square feet of $1.39. There are a total of 2 two bedroom apartment listings currently available for rent in Fayette.
How have rent prices in Fayette, GA changed this year?
Rent prices for rentals in Fayette, GA can fluctuate yearly. Specifically, studio rental prices have changed by -0.24%, one bedroom rental prices have changed by 0.16%, two bedroom rental prices have changed by -0.03%, and three bedroom rental prices have changed by -0.08% year-over-year.
What is a reasonable rent price in Fayette, GA?
A reasonable rent price in Fayette, GA is around $2,302/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