RentData

Average Rent in Atlanta, GA Rents falling 0.8% YoY🔺 Most expensive in GA

HUD FY2025 · Official government data · Updated annually · Metro pop. 6,176,937

Data review: HUD FY2025Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Atlanta, GA has rental prices ranging from $1,591/month to $2,653/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,653/month — 18% above the national average of $1,400/month. With a median household income of $86,338/year, spending $1,653/month on a 1-bedroom represents 23% of gross income — within the recommended 30% threshold.

How Atlanta Compares

With an average 2-bedroom rent of $1,830/month, Atlanta ranks #1 most expensive of the 114 cities tracked in Georgia — pricier than 96% of all US cities in our data.

The Atlanta Rental Market

The Atlanta, GA area has a population of about 6,176,937 and 34% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Atlanta, GA have fallen by $14/month (0.8%) over the past year, from $1,844 to $1,830. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.

Affordability

To afford a 1-bedroom apartment in Atlanta, GA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $66,120. The local median household income of $86,338 exceeds that threshold by $20,218, making Atlanta relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Atlanta, GA is $389,027, giving a price-to-rent ratio of 17.7. With a break-even horizon of approximately 18 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.

Safety

Crime statistics for Atlanta, GA show a violent crime rate of 371.48 per 100,000 residents (moderate) and a property crime rate of 1918.45 per 100,000 residents (moderate). As with any metro area, crime rates vary widely by neighborhood — prospective renters are encouraged to research specific areas within Atlanta before signing a lease.

Neighborhoods

Home values — and by extension rent levels — vary significantly across Atlanta's neighborhoods. Among the highest-value areas are Harland Terrace ($102,208 median home value), Campbellton Road ($152,672 median home value), Thomasville Heights ($156,466 median home value). Rental prices typically follow home value patterns, with premium neighborhoods commanding higher rents than outer areas. Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.

Fair Market Rents

HUD FY2025
Studio
$1,591
Affordable
1 Bedroom
$1,653
Affordable
2 Bedrooms
$1,830
0.8% YoY
Affordable
3 Bedrooms
$2,205
Average
4 Bedrooms
$2,653
Average
🔔
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Median Home Value
$389,027
Source: Zillow ZHVI
Est. monthly payment
$2,071/mo
20% down · 30yr · 7%

Is Atlanta, GA Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$73,200/year
Local median income: $86,338
To buy a median home
$82,823/year
US national median: $75,000
💡 Based on a 2BR rent of $1,830/month and 20% down on a $389,027 home at 7% rate.

Nearby Cities in GAlargest metros in the state

CityStudio1BR2BR3BRHome Value
Augusta$868$1,039$1,175$1,545
Chattanooga$1,231$1,284$1,426$1,796
Savannah$1,324$1,431$1,584$2,131
Talbot County$723$767$905$1,268
Stewart County$770$817$964$1,161
Macon$1,014$1,082$1,252$1,508

Rent or Buy in Atlanta?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Atlanta data

$
Home Value
$389,027
2BR Rent
$1,830/mo
Mortgage Rate
7%
Monthly P&I
$2,071/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $2,865/movs rent: $1,830/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Mortgage Calculator

Estimate monthly payment for $389,027 home at 7% rate

20% — $77,805
3%50%
Estimated Monthly Payment
$2,071
per month · 30 years · 7% APR
Loan Amount
$311,222
Total Paid
$745,403
Total Interest
$434,181
Estimated only. Excludes taxes, insurance, HOA. Rate from FRED.

Living in Atlanta

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Frequently Asked Questions

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🏘️Neighborhoods in Atlanta

Compare rent & home prices by neighborhood

⚖️Rent vs Buy in Atlanta

Is it cheaper to rent or buy here?

💵Rent Affordability in Atlanta

Salary needed to afford rent here

🗺️All Cities in GA

See how Atlanta ranks statewide

⚖️Compare Atlanta

Side-by-side rent & cost of living with any city

📋GA Tenant Rights

Deposit limits, eviction laws & renters protections