10 Cheap Apartments for rent in Augusta, GA

Last updated May 20 at 6:38pm UTC
837 Heard Ave
Harrisburg
Augusta, GA
Updated May 14 at 5:53pm UTC
1 Bedroom
$550
1927 Central Ave
Academy Bake Avenue
Augusta, GA
Updated May 5 at 10:06am UTC
2 Bedrooms
$615
119 Main St
Jackson
Jackson, SC
Updated May 20 at 5:48pm UTC
1 Bedroom
$425
115 Keener St
Harlem
Harlem, GA
Updated May 15 at 6:05pm UTC
2 Bedrooms
$625
Results within 5 miles of Augusta, GA
320B Verdery Dr
North Augusta
North Augusta, SC
Updated May 9 at 11:16am UTC
1 Bedroom
$500
2006 Central
Academy Bake Avenue
Augusta, GA
Updated May 19 at 1:02pm UTC
1 Bedroom
$565
1931 Murphy
Academy Bake Avenue
Augusta, GA
Updated March 26 at 11:33am UTC
2 Bedrooms
$565
180 Riverbend Dr
, SC
Updated May 6 at 10:35am UTC
3 Bedrooms
$495
Results within 10 miles of Augusta, GA
117 Green St
Graniteville
Graniteville, SC
Updated May 16 at 11:46am UTC
3 Bedrooms
$600
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May 2018 Augusta Rent Report

Welcome to the May 2018 Augusta Rent Report. Augusta rents remained steady over the past month. In this report, we'll evaluate trends in the Augusta rental market, including comparisons to cities throughout the state and nation.

View full Augusta Rent Report
Rent Report
Augusta

May 2018 Augusta Rent Report

Welcome to the May 2018 Augusta Rent Report. Augusta rents remained steady over the past month. In this report, we'll evaluate trends in the Augusta rental market, including comparisons to cities throughout the state and nation.

Augusta rents held steady over the past month

Augusta rents have remained flat over the past month, however, they are up marginally by 0.6% year-over-year. Currently, median rents in Augusta stand at $630 for a one-bedroom apartment and $760 for a two-bedroom. Augusta's year-over-year rent growth lags the state average of 2.4%, as well as the national average of 1.5%.

Rents rising across cities in Georgia

Throughout the past year, rent increases have been occurring not just in the city of Augusta, but across the entire state. Of the largest 10 cities that we have data for in Georgia, all of them have seen prices rise. The state as a whole logged rent growth of 2.4% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Alpharetta is the most expensive of all Georgia's major cities, with a median two-bedroom rent of $1,410; of the 10 largest Georgia cities that we have data for, all have seen rents rise year-over-year, with Marietta experiencing the fastest growth (+6.3%).
  • Athens, Roswell, and Warner Robins have all experienced year-over-year growth above the state average (3.8%, 3.3%, and 2.8%, respectively).

Augusta rents more affordable than many large cities nationwide

As rents have increased marginally in Augusta, a few large cities nationwide have seen rents grow more quickly. Augusta is still more affordable than most large cities across the country.

  • Augusta's median two-bedroom rent of $760 is below the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 0.6% rise in Augusta.
  • While Augusta's rents rose marginally over the past year, many cities nationwide saw more substantial increases, including Phoenix (+2.3%), Denver (+1.6%), and San Francisco (+1.3%).
  • Renters will find more reasonable prices in Augusta than most large cities. For example, San Francisco has a median 2BR rent of $3,060, which is more than four times the price in Augusta.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.