Georgia renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Georgia is about $1,510 per month. This puts it in the 97th percentile compared to the state average cost of rent, which is $1,116. Households in Georgia have a median income of $7,226 per month so the average renter in Georgia is spending roughly 21% of their earnings on housing.
Nationally, and in Georgia, home values are the data point most closely correlated with the cost of rent. The median price of a home in Georgia is $274,016 right now, which is lower than nearby cities, meaning that rents in Georgia also tend to be lower versus these nearby cities.
Higher rent prices are common in the central parts of Georgia while lower rent rates are often available in southeastern areas.
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