Average Rent in Georgia

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Current Versus Historical Georgia Rents

Georgia rentals average $1,250 for a studio rental to $2,750 for a 4-bedroom rental. The median price of all currently available listings is $2,125, or roughly $1 per square feet.
For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $484 (-24.39%) year-over-year from $1,984 to $1,500. 1-bedroom rentals prices have decreased by $772 (-39.15%) year-over-year from $1,972 to $1,200. 2-bedroom rentals prices have decreased by $463 (-23.00%) year-over-year from $2,013 to $1,550. 3-bedroom rentals prices have increased by $87 (4.58%) year-over-year from $1,903 to $1,990. 4-bedroom rentals prices have increased by $135 (5.48%) year-over-year from $2,465 to $2,600. 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 17.33% this month. 1-bedroom rents have gone down by 22.80% this month. 2-bedroom rents have gone down by 7.87% this month. 3-bedroom rents have gone up by 3.02% this month. 4-bedroom rents have gone up by 3.21% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.17 $1,500 $1,984 (-24.39%) $1,584 (-5.30%)
1 BR $2.11 $1,200 $1,972 (-39.15%) $1,674 (-28.33%)
2 BR $1.46 $1,550 $2,013 (-23.00%) $1,638 (-5.39%)
3 BR $1.33 $1,990 $1,903 (4.58%) $1,607 (23.86%)
4+ BR $1.12 $2,600 $2,465 (5.48%) $1,931 (34.62%)

Historical Rents in Georgia

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Georgia

There are a total of 50 cities nearby Georgia. The average rent in Georgia is currently $2,725 per month. A total of 13 cities nearby have an average rent lower than that. Our records show that Birmingham, AL, with an average rent of $1,009, is the most affordable city nearby. In contrast, the most expensive city near Georgia is Naples, FL. Monthly rents here are on average $12,000 per month.

Let's compare Georgia's rent against other top cities nearby by bedroom size. Typically, rent for studios in Georgia is 9.00% more affordable than other cities nearby. One bedrooms are about 27.66% more affordable. Two bedrooms in Georgia are about 65.15% more affordable. Finally, rent for three bedrooms are about 83.27% more affordable. Want more information? Check out the top 10 cities out of 50 total cities near Georgia in the following chart.
City Studio 1 Bed 2 Bed All
Birmingham, AL $775 $968 $1,067 $1,009
Fayetteville, NC N/A $795 $995 $1,295
Chattanooga, TN $1,050 $1,025 $1,350 $1,490
Tallahassee, FL $1,100 $1,053 $1,350 $1,500
Jacksonville, FL $1,050 $1,100 $1,595 $1,750
Charlotte, NC N/A $1,500 $1,750 $1,995
Orlando, FL $1,700 $1,495 $1,850 $2,048
Four Corners, FL N/A $1,560 $1,950 $2,500
Atlanta, GA $1,512 $1,850 $2,498 $2,599
Tampa, FL $1,923 $2,295 $2,782 $2,611

Top Neighborhoods Near Georgia

There are a total of 69 neighborhoods in or near Georgia. Some of these neighborhoods include Metro West, Flamingo - Lummus, and Oakland Park. We've included the top 30 neighborhoods out of 69 total neighborhoods in or near Georgia in the following chart.

The average rent for these 30 neighborhoods in or near Georgia is currently around $3,399 per month. A total of 6 neighborhoods have a lower average rent. Meaning, only twenty-four neighborhoods have a higher average rent than $3,399. Interestingly, the neighborhoods' average rent is higher than Georgia's average rent, which is only $2,125. Out of all the neighborhoods in or near Georgia, Century Village West has the most affordable average rent at $1,750 per month. Whereas, at $19,500 average rent per month, Venetian Islands is the most expensive neighborhood in or near Georgia. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Metro West, Orlando, FL N/A $1,354 $1,800 $1,800
Flamingo - Lummus, Miami Beach, FL $1,800 $2,220 $4,400 $2,200
Oakland Park, FL $1,300 $1,763 $2,200 $2,200
East Little Havana, Miami, FL $1,450 $1,990 $2,500 $2,300
West Little Havana, Miami, FL $1,650 $1,875 $2,800 $2,795
Dania Beach, FL $1,200 $1,900 $2,300 $2,800
Little Haiti, Miami, FL $1,575 $1,799 $2,575 $2,800
Princeton, FL N/A $1,600 N/A $2,900
Hallandale Beach, FL $1,950 $2,200 $3,300 $3,200
City Center, Miami Beach, FL $2,800 $3,200 $10,000 $3,300
Coral Way, Miami, FL $1,750 $2,200 $2,900 $3,300
Upper East Side, Miami, FL $1,500 $2,300 $2,750 $3,425
West Avenue, Miami Beach, FL $2,450 $3,225 $4,900 $3,473
Lakewood Ranch, Myakka City, FL N/A N/A $3,250 $3,500
Downtown Miami, Miami, FL $2,900 $3,000 $4,300 $3,500
Hollywood Beach - Quadoman, Hollywood, FL $2,500 $3,000 $4,500 $3,500
Media and Entertainment District, Miami, FL $2,500 $3,200 $4,650 $3,600
Wynwood, Miami, FL $2,650 $3,513 $4,800 $4,000
PGA Resort Community, Palm Beach Gardens, FL N/A $1,990 $3,500 $4,200
Brickell, Miami, FL $2,850 $3,500 $5,000 $4,450
Weston, FL N/A N/A $2,900 $4,500
Hollywood Lakes, Hollywood, FL $1,750 $2,000 $3,000 $4,500
Edgewater, Miami, FL $1,975 $3,300 $5,800 $5,500
Park West, Miami, FL $4,700 $4,100 $5,750 $5,850
Northeast Coconut Grove, Miami, FL $2,350 $2,900 $5,000 $6,450
Village of Key Biscayne, Key Biscayne, FL $14,200 $3,350 $6,500 $8,000
Bal Harbour, FL $3,299 $4,125 $8,000 $8,000
South Pointe, Miami Beach, FL $2,000 $3,650 $10,000 $8,200
Old Naples, Naples, FL N/A $5,875 $8,000 $9,150
Pelican Bay, FL N/A N/A $10,000 $12,000

Top Counties Near Georgia

There are a total of 69 counties located by Georgia. Some of these counties include Leon, FL, Greenville, SC, and Duval, FL. The average rent for rentals in these counties is $2,400. That's roughly around $2 per sqft. A total of 16 counties have a lower average rent. The county that is the most affordable is Jefferson, AL. It's average rent per month is $1,149. Vice versa, with an average rent of $5,500, Collier, FL is the most expensive county by Georgia.

Typically, rent for studios in Georgia is on par with the other counties nearby. In comparison, rent for one bedroom listings in Georgia is 8.53% more affordable than other counties nearby. Finally, rent for two bedrooms in Georgia is 18.17% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Leon, FL $1,100 $1,100 $1,313 $1,550
Greenville, SC $1,150 $1,000 $1,325 $1,700
Duval, FL $1,050 $1,145 $1,600 $1,795
Marion, FL $5,000 $1,199 $1,600 $1,850
Cobb, GA N/A $1,750 $1,800 $2,250
DeKalb, GA N/A $1,397 $1,895 $2,300
Gwinnett, GA N/A $1,467 $1,750 $2,495
St. Johns, FL $2,200 $1,598 $2,000 $2,550
Fulton, GA $1,460 $1,850 $2,375 $2,600
Charleston, SC $2,400 $1,900 $2,698 $3,000

Top Zipcodes Near Georgia

There are a total of 50 zipcodes in or near Georgia. The average rent for all of these zipcodes is $3,635.

The following chart includes the top 10 zipcodes in Georgia. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33139, Miami Beach, FL $2,500 $3,000 $8,000 $3,800
33160, North Miami Beach, FL $2,200 $2,400 $4,500 $5,000
33141, Miami Beach, FL $1,800 $2,400 $4,000 $3,195
33131, Miami, FL $2,900 $3,500 $5,500 $4,350
33009, Hallandale Beach, FL $1,950 $2,200 $3,350 $3,200
33132, Miami, FL $2,625 $3,250 $4,548 $3,900
33019, Hollywood, FL $2,500 $3,000 $4,375 $3,800
33414, Wellington, FL $8,000 $2,000 $3,000 $4,800
33140, Miami Beach, FL $2,300 $3,000 $4,700 $4,500
33137, Miami, FL $2,348 $3,250 $5,500 $5,000

Frequently Asked Questions - Georgia Average Rents

What is the average rent price in Georgia?
The average monthly rental price for Georgia apartments for rent is approximately $2,125. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Georgia 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 Georgia.
How much is a studio apartment in Georgia?
The average monthly rental price for studio apartments is $1,250 and an average price per square feet of $2.17. There are a total of 29 studio apartment listings currently available for rent in Georgia.
How much is a one bedroom apartment in Georgia?
The average monthly rental price for one bedroom apartments is $1,450 and an average price per square feet of $2.11. There are a total of 361 one bedroom apartment listings currently available for rent in Georgia.
How much is a two bedroom apartment in Georgia?
The average monthly rental price for two bedroom apartments is $1,650 and an average price per square feet of $1.46. There are a total of 876 two bedroom apartment listings currently available for rent in Georgia.
How have rent prices in Georgia changed this year?
Rent prices for rentals in Georgia can fluctuate yearly. Specifically, studio rental prices have changed by -0.24%, one bedroom rental prices have changed by -0.39%, two bedroom rental prices have changed by -0.23%, and three bedroom rental prices have changed by 0.05% year-over-year.
What is a reasonable rent price in Georgia?
A reasonable rent price in Georgia is around $1,700/month. You can search for these reasonably priced rental listings on RentHop.
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