Stone Mountain 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 Stone Mountain is about $1,341 per month. This puts it in the 93rd percentile compared to the state average cost of rent, which is $1,233. Households in Stone Mountain have a median income of $5,333 per month so the average renter in Stone Mountain is spending roughly 25% of their earnings on housing.
Nationally, and in Stone Mountain, home values are the data point most closely correlated with the cost of rent. The median price of a home in Stone Mountain is $178,234 right now, which is lower than nearby cities, meaning that rents in Stone Mountain also tend to be lower versus these nearby cities.
Higher rent prices are common in the eastern parts of Stone Mountain while lower rent rates are often available in central areas.
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