Average Rent in Georgia

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Current Versus Historical Georgia Rents

Georgia rentals average $1,545 for a studio rental to $2,723 for a 3-bedroom rental. The median price of all currently available listings is $1,875, or roughly $2 per square feet.

For the apartment units and housing in July 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $363 (20.09%) year-over-year from $1,807 to $2,170. 1-bedroom rentals prices have increased by $411 (23.76%) year-over-year from $1,730 to $2,142. 2-bedroom rentals prices have increased by $1,030 (58.89%) year-over-year from $1,749 to $2,779. 3-bedroom rentals prices have increased by $871 (45.70%) year-over-year from $1,907 to $2,778. 4-bedroom rentals prices have decreased by $98 (-3.90%) year-over-year from $2,498 to $2,400. 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 4.14% this month. 1-bedroom rents have gone up by 4.64% this month. 2-bedroom rents have gone up by 16.13% this month. 3-bedroom rents have gone up by 17.83% this month. 4-bedroom rents have gone down by 7.69% this month.

Beds	Price / Sqft	Jul 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.70	$2,170	$1,807 (20.09%)	$1,605 (35.22%)
1 BR	$2.40	$2,142	$1,730 (23.76%)	$1,784 (20.06%)
2 BR	$1.99	$2,779	$1,749 (58.89%)	$1,762 (57.72%)
3 BR	$1.89	$2,778	$1,907 (45.70%)	$1,731 (60.45%)

Historical Rents in Georgia

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Georgia

There are a total of 29 cities nearby Georgia. The average rent in Georgia is currently $2,825 per month. Our records show that Orlando, FL, with an average rent of $2,000, is the most affordable city nearby. In contrast, the most expensive city near Georgia is Key Biscayne, FL. Monthly rents here are on average $8,500 per month.

Let's compare Georgia's rent against other top cities nearby by bedroom size. Typically, rent for studios in Georgia is 15.70% more affordable than other cities nearby. One bedrooms are about 14.94% more affordable. Two bedrooms in Georgia are about 17.71% more affordable. Finally, rent for three bedrooms are about 42.33% more affordable. Want more information? Check out the top 10 cities out of 29 total cities near Georgia in the following chart.

City	Studio	1 Bed	2 Bed	All
Orlando, FL	$1,656	$1,500	$1,850	$2,000
West Palm Beach, FL	$1,775	$1,775	$2,150	$2,200
Coral Springs, FL	N/A	$1,700	$2,000	$2,200
St. Petersburg, FL	$1,400	$1,649	$2,400	$2,383
Cape Coral, FL	N/A	N/A	$2,500	$2,390
Four Corners, FL	N/A	$1,560	$1,915	$2,500
Pompano Beach, FL	$1,788	$1,700	$2,300	$2,500
Tampa, FL	$1,925	$2,246	$2,785	$2,636
Clearwater, FL	$2,200	$1,625	$3,300	$3,000
Sarasota, FL	N/A	$2,299	$3,500	$3,800

Top Neighborhoods Near Georgia

There are a total of 53 neighborhoods in or near Georgia. Some of these neighborhoods include Metro West, Oakland Park, and Flamingo - Lummus. We've included the top 30 neighborhoods out of 53 total neighborhoods in or near Georgia in the following chart.

The average rent for these 30 neighborhoods in or near Georgia is currently around $3,100 per month. A total of one neighborhood has a lower average rent. Meaning, only twenty-nine neighborhoods have a higher average rent than $3,100. Interestingly, the neighborhoods' average rent is higher than Georgia's average rent, which is only $1,875. Out of all the neighborhoods in or near Georgia, Metro West has the most affordable average rent at $1,800 per month. Whereas, at $9,000 average rent per month, Bal Harbour 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	$1,395	$1,800	$1,800
Oakland Park, FL	N/A	$1,750	$2,200	$2,200
Flamingo - Lummus, Miami Beach, FL	$1,800	$2,175	$3,225	$2,200
East Little Havana, Miami, FL	$1,600	$1,925	$2,450	$2,300
West Little Havana, Miami, FL	$1,525	$1,850	$2,625	$2,375
Flagami, Miami, FL	$1,375	$1,998	$2,500	$2,400
Little Haiti, Miami, FL	$1,600	$1,900	$2,525	$2,650
Cutler Bay, FL	N/A	$1,675	$2,350	$2,700
Dania Beach, FL	$1,250	$1,700	$2,400	$2,700
Trinidad - Langston, Washington, DC	N/A	$2,331	$3,000	$2,825
Upper East Side, Miami, FL	$1,698	$2,000	$2,900	$2,900
Princeton, FL	N/A	$1,450	$2,475	$2,900
City Center, Miami Beach, FL	$2,600	$3,200	$7,000	$3,200
Hallandale Beach, FL	$1,925	$2,300	$3,200	$3,200
Coral Way, Miami, FL	$1,800	$2,300	$2,950	$3,275
Lakewood Ranch, Myakka City, FL	N/A	N/A	$3,181	$3,400
West Avenue, Miami Beach, FL	$2,395	$3,000	$4,500	$3,425
Media and Entertainment District, Miami, FL	$2,500	$3,128	$4,250	$3,500
Hollywood Beach - Quadoman, Hollywood, FL	$2,300	$2,800	$4,500	$3,500
Downtown Miami, Miami, FL	$2,800	$3,000	$4,100	$3,600
Hollywood Lakes, Hollywood, FL	$1,350	$1,900	$2,898	$4,200
Brickell, Miami, FL	$2,800	$3,450	$5,000	$4,325
Wynwood, Miami, FL	$2,500	$3,900	$4,800	$4,350
Weston, FL	N/A	N/A	$2,950	$5,000
Edgewater, Miami, FL	$2,025	$3,200	$5,500	$5,200
Park West, Miami, FL	$3,825	$4,500	$6,250	$6,000
South Pointe, Miami Beach, FL	$1,900	$3,725	$8,250	$6,950
Northeast Coconut Grove, Miami, FL	N/A	$2,700	$5,550	$7,975
Village of Key Biscayne, Key Biscayne, FL	$14,200	$3,500	$7,000	$8,500
Bal Harbour, FL	$3,000	$4,100	$8,000	$9,000

Top Counties Near Georgia

There are a total of 53 counties located by Georgia. Some of these counties include Marion, FL, Brevard, FL, and Seminole, FL. The average rent for rentals in these counties is $2,501. That's roughly around $2 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Marion, FL. It's average rent per month is $1,850. Vice versa, with an average rent of $3,400, Miami-Dade, FL is the most expensive county by Georgia.

Typically, rent for studios in Georgia is 6.15% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Georgia is 2.30% more expensive than other counties nearby. Finally, rent for two bedrooms in Georgia is 4.58% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Marion, FL	N/A	$1,190	$1,550	$1,850
Brevard, FL	N/A	$1,325	$1,775	$1,995
Seminole, FL	N/A	$1,400	$1,693	$2,000
Pasco, FL	$1,550	$1,300	$1,697	$2,295
Volusia, FL	$1,050	$1,200	$2,500	$2,350
Orange, FL	$1,475	$1,499	$1,850	$2,350
Lake, FL	$1,100	$1,100	$1,750	$2,375
Hillsborough, FL	$1,924	$2,110	$2,000	$2,400
Osceola, FL	$1,525	$1,500	$1,825	$2,400
Pinellas, FL	$1,450	$1,650	$2,350	$2,450

Top Zipcodes Near Georgia

There are a total of 37 zipcodes in or near Georgia. The average rent for all of these zipcodes is $3,500.

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	$2,400	$2,950	$6,000	$3,500
33160, North Miami Beach, FL	$2,100	$2,350	$4,300	$4,700
33141, Miami Beach, FL	$1,798	$2,350	$3,700	$3,100
33131, Miami, FL	$2,850	$3,450	$5,200	$4,200
33009, Hallandale Beach, FL	$1,925	$2,300	$3,200	$3,300
33132, Miami, FL	$2,675	$3,200	$4,300	$3,850
33019, Hollywood, FL	$2,300	$2,800	$4,300	$3,725
33140, Miami Beach, FL	$2,400	$3,000	$4,500	$4,000
33137, Miami, FL	$2,045	$3,200	$5,400	$4,800
33180, Aventura, FL	N/A	$2,500	$3,450	$3,700

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 $1,875. 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 $1,545 and an average price per square feet of $2.70. There are a total of 7 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 $1,740 and an average price per square feet of $2.40. There are a total of 23 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 $2,315 and an average price per square feet of $1.99. There are a total of 17 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 0.20%, one bedroom rental prices have changed by 0.24%, two bedroom rental prices have changed by 0.59%, and three bedroom rental prices have changed by 0.46% year-over-year.

What is a reasonable rent price in Georgia?

A reasonable rent price in Georgia is around $1,500/month. You can search for these reasonably priced rental listings on RentHop.