Newnan 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 Newnan is about $1,276 per month. This puts it in the 90th percentile compared to the state average cost of rent, which is $1,233. Households in Newnan have a median income of $6,879 per month so the average renter in Newnan is spending roughly 19% of their earnings on housing.
Nationally, and in Newnan, home values are the data point most closely correlated with the cost of rent. The median price of a home in Newnan is $225,731 right now, which is lower than nearby cities, meaning that rents in Newnan also tend to be lower versus these nearby cities.
Higher rent prices are common in the eastern parts of Newnan while lower rent rates are often available in western areas.
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