Rental Market Reports > Single-Family Home Reports > Georgia

This rental market report examines the average rent in Georgia for five of the most analyzed cities on Rentometer in Q2 2023.

Summary - Year-Over-Year Rent Change

This rental market report highlights the Q2 2023 average rent prices for three-bedroom (3-BR) single-family rentals (SFRs) in these five Georgia cities: Savannah, Atlanta, Augusta, Columbus, and Decatur.

According to our data, Savannah had the largest year-over-year rent price increase of 29%, while Decatur had a decrease of -7%. 

Methodology

• Geography: This report considers rent changes in Rentometer’s five most analyzed SFR markets in Georgia during Q2 2023.

• Property Type: 3-BR SFRs with all bathroom counts.

• Analysis: Rent data was analyzed year-over-year for each city.

• Data: New rents collected at the beginning and end of each quarter are reported, excluding outliers below $500 and above $10,000.

Year-Over-Year Change in Average Rent: 3-BR SFRs

Rent prices in these five Georgia cities experienced the following year-over-year rent increases in Q2 2023:

• The average Savannah rent price is $2,553 with a year-over-year rent price increase of 29%
• The average Atlanta rent price is $2,644 with a year-over-year rent price increase of 18%
• The average Augusta rent price is $1,404 with a year-over-year rent price increase of 9%
• The average Columbus rent price is $1,155 with a year-over-year rent price increase of 3%
• The average Decatur rent price is $1,949 with a year-over-year rent price decrease of -7%

 

City/State	Q2 2022 Average Rent	Q2 2023 Average Rent	YoY % Change
Savannah, GA	$1,984	$2,553	29%
Atlanta, GA	$2,250	$2,644	18%
Augusta, GA	$1,293	$1,404	9%
Columbus, GA	$1,125	$1,155	3%
Decatur, GA	$1,883	$1,949	-7%

 

 

 

Access rent data 24/7 with Rentometer

We collect and analyze millions of rent comps so you don't have to. Check rent prices in your market instantly with Rentometer. 

View Rents