Average Rent in Fayette, GA

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Current Versus Historical Fayette, GA Rents

Fayette rentals average $2,098 for a 1-bedroom rental to $3,000 for a 4-bedroom rental. The median price of all currently available listings is $2,700, or roughly $1 per square feet.
For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $1,667 (-68.97%) year-over-year from $2,417 to $750. 1-bedroom rentals prices have increased by $1,039 (72.37%) year-over-year from $1,436 to $2,475. 2-bedroom rentals prices have increased by $21 (1.13%) year-over-year from $1,842 to $1,863. 3-bedroom rentals prices have increased by $356 (17.67%) year-over-year from $2,014 to $2,370. 4-bedroom rentals prices have increased by $418 (15.04%) year-over-year from $2,782 to $3,200. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone down by 3.88% this month. 2-bedroom rents have gone up by 4.93% this month. 3-bedroom rents have gone up by 3.49% this month. 4-bedroom rents have gone up by 7.26% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.64 $2,475 $1,436 (72.37%) $1,190 (108.07%)
2 BR $1.71 $1,863 $1,842 (1.13%) $1,817 (2.52%)
3 BR $1.64 $2,370 $2,014 (17.67%) $2,152 (10.15%)
4+ BR $1.08 $3,200 $2,782 (15.04%) $2,774 (15.35%)

Historical Rents in Fayette, GA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Fayette

There are a total of 6 cities nearby Fayette. The average rent in Fayette is currently $1,982 per month. A total of 6 cities nearby have an average rent lower than that. Our records show that Redan, GA, with an average rent of $1,810, is the most affordable city nearby. In contrast, the most expensive city near Fayette, GA is Atlanta, GA. Monthly rents here are on average $2,400 per month.

Let's compare Fayette, GA's rent against other top cities nearby by bedroom size. Two bedrooms in Fayette, GA are about 17.58% more expensive. Finally, rent for three bedrooms are about 21.11% more expensive. Want more information? Check out the top 6 cities near Fayette, GA in the following chart.
City Studio 1 Bed 2 Bed All
Redan, GA N/A N/A $1,573 $1,810
McDonough, GA N/A N/A $1,399 $1,950
Union City, GA N/A N/A N/A $1,970
East Point, GA N/A N/A $1,498 $1,995
Newnan, GA N/A $1,123 $1,725 $2,080
Atlanta, GA $1,445 $1,795 $2,500 $2,400

Top Neighborhoods Near Fayette

There are a total of 2 neighborhoods in or near Fayette. We've included all of these top 2 neighborhoods in or near Fayette, GA in the following chart.

The average rent for these 2 neighborhoods in or near Fayette, GA is currently around $2,550 per month. A total of one neighborhood has a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Out of all the neighborhoods in or near Fayette, Midtown has the most affordable average rent at $2,300 per month. Whereas, at $2,800 average rent per month, Old Fourth Ward is the most expensive neighborhood in or near Fayette. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Midtown, Atlanta, GA $1,383 $1,884 $2,750 $2,300
Old Fourth Ward, Atlanta, GA $1,815 $1,875 $2,985 $2,800

Top Counties Near Fayette

There are a total of 2 counties located by Fayette, GA. Some of these counties include Clayton, GA, Douglas, GA, and Henry, GA. The average rent for rentals in these counties is $1,998. That's roughly around $1 per sqft. A total of 6 counties have a lower average rent. The county that is the most affordable is Clayton, GA. It's average rent per month is $1,818. Vice versa, with an average rent of $2,305, Fulton, GA is the most expensive county by Fayette, GA.

In comparison, rent for one bedroom listings in Fayette, GA is 73.24% more expensive than other counties nearby. Finally, rent for two bedrooms in Fayette, GA is 5.44% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Clayton, GA N/A N/A $1,450 $1,818
Douglas, GA N/A N/A $1,500 $1,940
Henry, GA N/A N/A $1,773 $1,995
DeKalb, GA N/A $1,450 $1,750 $2,000
Coweta, GA N/A $1,123 $1,850 $2,200
Fulton, GA $1,440 $1,735 $2,250 $2,305

Top Zipcodes Near Fayette

There are a total of 8 zipcodes in or near Fayette, GA. The average rent for all of these zipcodes is $2,078. A total of 8 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 30344, College Park, GA at $1,875 per month. In comparison, the zipcode with the most expensive average rent of $2,499 per month is 30318, Atlanta, GA.

Meanwhile, two bedroom apartments will cost you an average of $2,019 per month. Which comes out to $1 per sqft. The following chart includes the top 8 zipcodes in Fayette, GA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
30318, Atlanta, GA $1,484 $1,640 $2,490 $2,499
30309, Atlanta, GA $1,332 $1,884 $2,750 $2,401
30253, McDonough, GA N/A N/A $1,525 $2,055
30316, DeKalb County, GA N/A $1,967 $2,412 $2,456
30281, Henry County, GA N/A N/A $2,250 $1,973
30331, Fulton County, GA N/A N/A $1,600 $2,100
30228, Henry County, GA N/A N/A $1,788 $1,940
30344, College Park, GA N/A N/A $1,498 $1,875

Frequently Asked Questions - Fayette Average Rents

What is the average rent price in Fayette, GA?
The average monthly rental price for Fayette, GA apartments for rent is approximately $2,700. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Fayette, GA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Fayette, GA.
How much is a studio apartment in Fayette, GA?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Fayette.
How much is a one bedroom apartment in Fayette, GA?
The average monthly rental price for one bedroom apartments is $2,098 and an average price per square feet of $2.64. There are a total of 4 one bedroom apartment listings currently available for rent in Fayette.
How much is a two bedroom apartment in Fayette, GA?
The average monthly rental price for two bedroom apartments is $1,863 and an average price per square feet of $1.71. There are a total of 16 two bedroom apartment listings currently available for rent in Fayette.
How have rent prices in Fayette, GA changed this year?
Rent prices for rentals in Fayette, GA can fluctuate yearly. Specifically, studio rental prices have changed by -0.69%, one bedroom rental prices have changed by 0.72%, two bedroom rental prices have changed by 0.01%, and three bedroom rental prices have changed by 0.18% year-over-year.
What is a reasonable rent price in Fayette, GA?
A reasonable rent price in Fayette, GA is around $2,160/month. You can search for these reasonably priced rental listings on RentHop.
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