Average Rent in Old Fourth Ward, Atlanta, GA

Current Versus Historical Old Fourth Ward, Atlanta, GA Rents

Old Fourth Ward rentals average $2,200 for a 1-bedroom rental to $8,725 for a 4-bedroom rental. The median price of all currently available listings is $3,250, 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 decreased by $514 (-32.46%) year-over-year from $1,584 to $1,070. 1-bedroom rentals prices have increased by $500 (29.44%) year-over-year from $1,700 to $2,200. 2-bedroom rentals prices have increased by $413 (16.58%) year-over-year from $2,488 to $2,900. 3-bedroom rentals prices have increased by $2,704 (52.91%) year-over-year from $5,112 to $7,816. 4-bedroom rentals prices have increased by $4,250 (74.56%) year-over-year from $5,700 to $9,950. 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 0.77% this month. 1-bedroom rents have gone up by 28.16% this month. 2-bedroom rents have gone up by 26.09% this month. 3-bedroom rents have gone up by 39.44% this month. 4-bedroom rents have gone up by 10.06% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$2.57	$2,200	$1,700 (29.44%)	$1,667 (32.00%)
2 BR	$3.23	$2,900	$2,488 (16.58%)	$1,925 (50.65%)
3 BR	$3.89	$7,816	$5,112 (52.91%)	$3,933 (98.71%)
4+ BR	$2.76	$9,950	$5,700 (74.56%)	$5,383 (84.83%)

Historical Rents in Old Fourth Ward, Atlanta, GA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Old Fourth Ward

There are a total of 2 cities nearby Old Fourth Ward. The average rent in Old Fourth Ward is currently $2,788 per month. A total of 2 cities nearby have 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 Old Fourth Ward, Atlanta, GA is Sandy Springs, GA. Monthly rents here are on average $2,975 per month.

Let's compare Old Fourth Ward, Atlanta, GA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Old Fourth Ward, Atlanta, GA is inf% more affordable than other cities nearby. One bedrooms are about 18.69% more expensive. Two bedrooms in Old Fourth Ward, Atlanta, GA are about 30.62% more expensive. Finally, rent for three bedrooms are about 61.01% more expensive. Want more information? Check out the top 2 cities near Old Fourth Ward, Atlanta, GA in the following chart.

City	Studio	1 Bed	2 Bed	All
Atlanta, GA	$1,494	$1,853	$2,500	$2,600
Sandy Springs, GA	N/A	$1,725	$2,010	$2,975

Top Neighborhoods Near Old Fourth Ward

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

The average rent for these 1 neighborhoods in or near Old Fourth Ward, Atlanta, GA is currently around $2,591 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near Old Fourth Ward, Midtown has the most affordable average rent at $2,591 per month. Whereas, at $2,591 average rent per month, Midtown is the most expensive neighborhood in or near Old Fourth Ward. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Midtown, Atlanta, GA	$1,578	$1,950	$2,775	$2,591

Top Counties Near Old Fourth Ward

There are a total of 1 counties located by Old Fourth Ward, Atlanta, GA. Some of these counties include Clayton, GA, Douglas, GA, and DeKalb, GA. The average rent for rentals in these counties is $2,185. That's roughly around $1 per sqft. A total of 7 counties have a lower average rent. The county that is the most affordable is Clayton, GA. It's average rent per month is $1,780. Vice versa, with an average rent of $2,985, Fayette, GA is the most expensive county by Old Fourth Ward, Atlanta, GA.

In comparison, rent for one bedroom listings in Old Fourth Ward, Atlanta, GA is 27.73% more expensive than other counties nearby. Finally, rent for two bedrooms in Old Fourth Ward, Atlanta, GA is 45.38% 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	$885	$1,545	$1,780
Douglas, GA	N/A	N/A	$1,400	$2,050
DeKalb, GA	N/A	$1,590	$1,800	$2,100
Henry, GA	N/A	N/A	$1,775	$2,185
Cobb, GA	N/A	$1,850	$1,800	$2,248
Fulton, GA	$1,507	$1,850	$2,400	$2,550
Fayette, GA	N/A	$2,900	$1,700	$2,985

Top Zipcodes Near Old Fourth Ward

There are a total of 7 zipcodes in or near Old Fourth Ward, Atlanta, GA. The average rent for all of these zipcodes is $2,700. A total of 7 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 $1,948 per month. In comparison, the zipcode with the most expensive average rent of $2,850 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 Old Fourth Ward, Atlanta, GA is $1,663 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,350 per month. Which comes out to $2 per sqft. The following chart includes the top 7 zipcodes in Old Fourth Ward, 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	$1,578	$2,025	$2,750	$2,700
30312, Atlanta, GA	N/A	$1,873	$2,400	$2,850
30309, Atlanta, GA	N/A	$1,873	$2,800	$2,500
30318, Atlanta, GA	$1,507	$1,663	$2,350	$2,748
30349, Fulton County, GA	N/A	N/A	$1,495	$1,998
30058, DeKalb County, GA	N/A	N/A	N/A	$1,948
30024, Gwinnett County, GA	N/A	$1,581	$2,023	$2,750

Frequently Asked Questions - Old Fourth Ward Average Rents

What is the average rent price in Old Fourth Ward, Atlanta, GA?

The average monthly rental price for Old Fourth Ward, Atlanta, GA apartments for rent is approximately $3,250. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Old Fourth Ward, 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 Old Fourth Ward, Atlanta, GA.

How much is a studio apartment in Old Fourth Ward, 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 0 studio apartment listings currently available for rent in Old Fourth Ward.

How much is a one bedroom apartment in Old Fourth Ward, Atlanta, GA?

The average monthly rental price for one bedroom apartments is $2,200 and an average price per square feet of $2.57. There are a total of 15 one bedroom apartment listings currently available for rent in Old Fourth Ward.

How much is a two bedroom apartment in Old Fourth Ward, Atlanta, GA?

The average monthly rental price for two bedroom apartments is $3,250 and an average price per square feet of $3.23. There are a total of 13 two bedroom apartment listings currently available for rent in Old Fourth Ward.

How have rent prices in Old Fourth Ward, Atlanta, GA changed this year?

Rent prices for rentals in Old Fourth Ward, Atlanta, GA can fluctuate yearly. Specifically, studio rental prices have changed by -0.32%, one bedroom rental prices have changed by 0.29%, two bedroom rental prices have changed by 0.17%, and three bedroom rental prices have changed by 0.53% year-over-year.

What is a reasonable rent price in Old Fourth Ward, Atlanta, GA?

A reasonable rent price in Old Fourth Ward, Atlanta, GA is around $2,600/month. You can search for these reasonably priced rental listings on RentHop.