Updated 1/4/2016

Welcome to the Apartment List Georgia Rent Report! The Peach State remains one of the nation’s most affordable places to live, and rent prices are growing much more quickly than national averages. In this report, we’ll be looking at trends across the whole state as well as variations between cities.

Georgia rent prices

GAvstheUSAdec2015

In Georgia, 1 bedroom rents showed a 0.7% increase while 2 bedroom rents grew by 0.2% between November and December. They are now up 6.3% and 4.1% over last year with an average 2 bedroom price of $750. Although Georgia is one of the more affordable states for renters, itshows year-over-year growth that is higher than national averages.

Top 10 most expensive cities

GA - 10 most expensive Dec 2015

  • North Atlanta: North Atlanta is Georgia’s most expensive city with a median 2 bedroom price tag of $1570. Rents have increased in North Atlanta by 2.6% over December 2014.
  • Atlanta: Georgia’s capitol was its 3rd most expensive city in December. A 2 bedroom in Atlanta goes for $1500, while a 1 bedroom averages $1300. Rents are up 2.3% year-to-year based on 2 bedroom units, and are growing more slowly than both national and state averages.
  • Alpharetta: Alpharetta was the 7th most expensive Georgia city, with an average 2 bedroom price of $1280. Alpharetta rents are up up 6.3% over December 2014.

Top 10 cities with the fastest rent growth

GA - 10 fastest growing Dec 2015

  • Riverdale: Riverdale has the highest year-over-year rent growth at 14.8%. A 2 bedroom there averages $730, while a 1 bedroom goes for $710.
  • Smyrna: Smyrna ($1100) has the 3rd highest growth rate at 13.6%. A 2 bedroom in Smyrna goes for a median price of $1080, while a 1 bedroom costs $930. In addition to being #3 for rent increases, Smyrna was also the 8th most expensive Georgia city for the month of December.
  • Lawrenceville: Lawrenceville placed 5th for largest rent increases at 8.0%. Despite showing significant growth, Lawrenceville averages just $920 for a 2 bedroom unit.

Full data:

Apartment List December Rent Report

CityMedian Price - 1 BedMM Change - 1 BedYY Change - 1 BedMedian Price - 2 BedMM Change - 2 BedYY Change - 2 Bed
North Atlanta$1,1401.5%6.3%$1,570-0.3%2.6%
Dunwoody$1,1908.3%10.4%$1,540-2.4%-1.0%
Atlanta$1,3001.3%6.0%$1,500-1.8%2.3%
North Druid Hills$1,1100.8%6.2%$1,300-4.2%3.9%
Vinings$1,300
Sandy Springs$1,0200.8%8.7%$1,3002.6%7.0%
Alpharetta$1,1201.3%6.0%$1,2801.3%6.3%
Smyrna$920-3.3%10.2%$1,100-2.8%9.4%
Duluth$9500.0%5.1%$1,050-2.7%1.9%
Kennesaw$840-3.8%5.5%$1,010-3.0%3.5%
Acworth$950
Lawrenceville$8801.6%8.0%
Gainesville$6800.2%1.9%$870
Norcross$7201.6%9.1%$8501.1%6.7%
Conyers$850
Marietta$820-0.2%10.6%$8400.8%9.0%
Decatur$7300.0%0.0%$830
McDonough$790
Savannah$7804.3%2.9%
Lithia Springs$780
Stone Mountain$5702.5%1.3%$7402.3%3.0%
Riverdale$7100.0%0.0%$73014.8%16.7%
Austell$720
College Park$5501.0%6.6%$7004.3%7.9%
Union City$700
Augusta$600-1.3%0.4%$700-5.0%-0.7%
Lithonia$700
Warner Robins$53016.1%23.9%$650
East Point$550-0.4%6.7%$650-6.8%1.1%
Athens-Clarke County unified government (balance)$630-9.8%2.1%$640-1.3%0.5%
Jonesboro$5209.1%5.9%$6308.0%13.2%
Macon$540-6.9%-1.7%$6105.0%4.9%
Griffin$6000.7%2.1%
Columbus$4600.4%2.3%$600-0.5%2.2%
Forest Park$580
Valdosta$5000.0%0.0%$570-4.5%-2.3%
Albany$3500.0%0.7%$490-5.4%2.2%
LaGrange$450
Apartment List December Rent Report

Methodology:

Apartment List RPM data is drawn from several hundred thousand monthly listings on our site. All average prices are calculated as the median for the specified size and time period. For top city rankings, we calculated median 1 bedroom and 2 bedroom rents in 100 top cities and then ranked them by 2 bedroom rents. Price changes are calculated using a “same unit” methodology similar to the Case-Shiller “repeat sales” home prices methodology, and averages are not value weighted.

About Apartment List Rent Reports:

Apartment List’s Rent Reports cover rental pricing data in major cities, their suburbs, and their neighborhoods. We provide valuable leading indicators of rental price trends, highlight data on top cities, and identify the key facts renters should know. As always, our goal is to provide price transparency to America’s 105 million renters to help them make the best possible decisions in choosing a place to call home.  Apartment List publishes Rent Reports during the first calendar week of each month.

About Apartment List:

Apartment List is the fastest-growing apartment rental marketplace in the United States, and is reinventing the rental market on a foundation of trust and transparency. Our Webby-award winning site draws nearly 3 million monthly visits and lists several hundred thousand available rental properties. Headquartered in San Francisco, Apartment List was recently named the #3 fastest growing company in the Bay Area and raised capital from an incredible team of investors led by Matrix Partners.