8 Apartments under 900 for rent in Newnan, GA

Last updated January 21 at 5:15pm UTC
145 Spring St
Newnan
Newnan, GA
Updated January 18 at 8:10pm UTC
2 Bedrooms
$880
6 Gay St
Newnan
Newnan, GA
Updated January 21 at 3:00am UTC
3 Bedrooms
$850
10 Ray St
Newnan
Newnan, GA
Updated January 21 at 5:15pm UTC
1 Bedroom
$800
15 Oak Mount Dr
Newnan
Newnan, GA
Updated January 5 at 2:07am UTC
2 Bedrooms
$800
37 Melson St
Newnan
Newnan, GA
Updated January 13 at 12:00pm UTC
2 Bedrooms
$895
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January 2018 Newnan Rent Report

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

View full Newnan Rent Report
Rent Report
Newnan

January 2018 Newnan Rent Report

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

Newnan rents held steady over the past month

Newnan rents have remained flat over the past month, however, they are up moderately by 3.0% year-over-year. Currently, median rents in Newnan stand at $1,030 for a one-bedroom apartment and $1,180 for a two-bedroom. Newnan's year-over-year rent growth lags the state average of 3.5%, but exceeds the national average of 2.8%.

Rents rising across the Atlanta Metro

Throughout the past year, rent increases have been occurring not just in the city of Newnan, but across the entire metro. Of the largest 10 cities that we have data for in the Atlanta metro, all of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Alpharetta has the most expensive rents in the Atlanta metro, with a two-bedroom median of $1,400; however, the city has also seen rents fall by 1.1% over the past month, the biggest drop in the metro.
  • Marietta has seen the fastest rent growth in the metro, with a year-over-year increase of 6.5%. The median two-bedroom there costs $1,270, while one-bedrooms go for $1,100.
  • Atlanta proper has the least expensive rents in the Atlanta metro, with a two-bedroom median of $1,160; rents fell 0.4% over the past month but rose 2.2% over the past year.

Newnan rents more affordable than many large cities nationwide

As rents have increased moderately in Newnan, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Newnan is still more affordable than most large cities across the country.

  • Rents increased moderately in other cities across the state, with Georgia as a whole logging rent growth of 3.5% over the past year. For example, rents have grown by 3.3% in Augusta and 0.6% in Columbus.
  • Newnan's median two-bedroom rent of $1,180 is slightly above the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 3.0% rise in Newnan.
  • While Newnan's rents rose moderately over the past year, the city of DC saw a decrease of 0.3%.
  • Renters will find more reasonable prices in Newnan than most large cities. For example, San Francisco has a median 2BR rent of $3,010, which is more than two-and-a-half times the price in Newnan.

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.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Atlanta $1,010 $1,160 -0.4% 2.2%
Roswell $1,200 $1,390 0.1% 5.8%
Alpharetta $1,210 $1,400 -1.1% 2.2%
Marietta $1,100 $1,270 -0.4% 6.5%
Smyrna $1,080 $1,250 -0.5% 4.2%
Mableton $1,020 $1,170 0.5% 5.8%
Newnan $1,030 $1,180 0.3% 3.0%
Douglasville $1,030 $1,190 -0.4% 6.3%
Kennesaw $1,170 $1,360 -0.1% 3.8%
Lawrenceville $1,120 $1,290 0.2% 1.6%
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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.