Average Rent in Old Fourth Ward, Atlanta, GA

Home  »  GA  »  Atlanta  »  Old Fourth Ward

Current Versus Historical Old Fourth Ward, Atlanta, GA Rents

Old Fourth Ward rentals average $1,815 for a studio rental to $6,473 for a 4-bedroom rental. The median price of all currently available listings is $2,800, or roughly $3 per square feet.
For the apartment units and housing in November 2024, median rents have risen over the last year. Studio rentals prices have increased by $580 (46.59%) year-over-year from $1,245 to $1,825. 1-bedroom rentals prices have increased by $121 (6.79%) year-over-year from $1,779 to $1,900. 2-bedroom rentals prices have increased by $318 (12.32%) year-over-year from $2,578 to $2,896. 3-bedroom rentals prices have increased by $550 (11.11%) year-over-year from $4,950 to $5,500. 4-bedroom rentals prices have increased by $931 (16.80%) year-over-year from $5,542 to $6,473. 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 0.54% this month. 1-bedroom rents have gone down by 12.24% this month. 2-bedroom rents have gone down by 1.03% this month. 3-bedroom rents have gone up by 6.97% this month. 4-bedroom rents have gone down by 10.60% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.84 $1,825 $1,245 (46.59%) $1,633 (11.75%)
1 BR $2.55 $1,900 $1,779 (6.79%) $1,774 (7.08%)
2 BR $2.61 $2,896 $2,578 (12.32%) $2,161 (34.01%)
3 BR $3.18 $5,500 $4,950 (11.11%) $5,574 (-1.32%)
4+ BR $2.07 $6,473 $5,542 (16.80%) $553,650 (-98.83%)

Historical Rents in Old Fourth Ward, Atlanta, GA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Old Fourth Ward

There are a total of 10 cities nearby Old Fourth Ward. The average rent in Old Fourth Ward is currently $2,250 per month. A total of 7 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 Old Fourth Ward, Atlanta, GA is North Atlanta, GA. Monthly rents here are on average $3,150 per month.

Let's compare Old Fourth Ward, Atlanta, GA's rent against other top cities nearby by bedroom size. One bedrooms are about 18.19% more expensive. Two bedrooms in Old Fourth Ward, Atlanta, GA are about 37.19% more expensive. Finally, rent for three bedrooms are about 57.87% more expensive. Want more information? Check out the top 10 cities near Old Fourth Ward, Atlanta, 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
Sandy Springs, GA $1,430 $1,508 $1,900 $2,100
Atlanta, GA $1,445 $1,795 $2,500 $2,400
Smyrna, GA N/A $1,560 $2,050 $2,475
Alpharetta, GA N/A $1,800 $2,000 $2,895
Johns Creek, GA N/A $1,604 $1,864 $2,995
North Atlanta, GA N/A $1,688 $1,887 $3,150

Top Neighborhoods Near Old Fourth Ward

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

The average rent for these 2 neighborhoods in or near Old Fourth Ward, Atlanta, GA is currently around $3,048 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. Interestingly, the neighborhoods' average rent is higher than Old Fourth Ward's average rent, which is only $2,800. Out of all the neighborhoods in or near Old Fourth Ward, Midtown has the most affordable average rent at $2,300 per month. Whereas, at $3,795 average rent per month, North Buckhead is the most expensive neighborhood in or near Old Fourth Ward. 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
North Buckhead, Atlanta, GA N/A $1,900 $3,150 $3,795

Top Counties Near Old Fourth Ward

There are a total of 2 counties located by Old Fourth Ward, Atlanta, GA. Some of these counties include Clayton, GA, Douglas, GA, and Henry, GA. The average rent for rentals in these counties is $2,000. That's roughly around $1 per sqft. A total of 7 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 $2,700, Fayette, GA is the most expensive county by Old Fourth Ward, Atlanta, GA.

In comparison, rent for one bedroom listings in Old Fourth Ward, Atlanta, GA is 22.67% more expensive than other counties nearby. Finally, rent for two bedrooms in Old Fourth Ward, Atlanta, GA is 40.62% 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
Fulton, GA $1,440 $1,735 $2,250 $2,305
Cobb, GA N/A $1,600 $1,979 $2,400
Fayette, GA N/A $2,098 $1,863 $2,700

Top Zipcodes Near Old Fourth Ward

There are a total of 15 zipcodes in or near Old Fourth Ward, Atlanta, GA. The average rent for all of these zipcodes is $2,350. A total of 14 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 $3,800 per month is 30342, Sandy Springs, GA.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Old Fourth Ward, Atlanta, GA is $1,540 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,950 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Old Fourth Ward, Atlanta, GA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
30309, Atlanta, GA $1,332 $1,884 $2,750 $2,401
30316, DeKalb County, GA N/A $1,967 $2,412 $2,456
30318, Atlanta, GA $1,484 $1,640 $2,490 $2,499
30342, Sandy Springs, GA N/A $1,538 $2,340 $3,800
30344, College Park, GA N/A N/A $1,498 $1,875
30339, Cobb County, GA N/A $1,693 $2,225 $2,120
30080, Smyrna, GA N/A $1,540 $1,825 $2,400
30331, Fulton County, GA N/A N/A $1,600 $2,100
30328, Sandy Springs, GA $1,430 $1,564 $1,950 $2,000
30058, DeKalb County, GA N/A N/A $1,410 $1,900

Frequently Asked Questions - Old Fourth Ward Average Rents

What is the average rent price in Old Fourth Ward, Atlanta, GA?
The average monthly rental price for Old Fourth Ward, Atlanta, GA apartments for rent is approximately $2,800. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Old Fourth Ward, Atlanta, 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 Old Fourth Ward, Atlanta, GA.
How much is a studio apartment in Old Fourth Ward, Atlanta, GA?
The average monthly rental price for studio apartments is $1,815 and an average price per square feet of $2.84. There are a total of 2 studio apartment listings currently available for rent in Old Fourth Ward.
How much is a one bedroom apartment in Old Fourth Ward, Atlanta, GA?
The average monthly rental price for one bedroom apartments is $1,875 and an average price per square feet of $2.55. There are a total of 32 one bedroom apartment listings currently available for rent in Old Fourth Ward.
How much is a two bedroom apartment in Old Fourth Ward, Atlanta, GA?
The average monthly rental price for two bedroom apartments is $2,985 and an average price per square feet of $2.61. There are a total of 39 two bedroom apartment listings currently available for rent in Old Fourth Ward.
How have rent prices in Old Fourth Ward, Atlanta, GA changed this year?
Rent prices for rentals in Old Fourth Ward, Atlanta, GA can fluctuate yearly. Specifically, studio rental prices have changed by 0.47%, one bedroom rental prices have changed by 0.07%, two bedroom rental prices have changed by 0.12%, and three bedroom rental prices have changed by 0.11% year-over-year.
What is a reasonable rent price in Old Fourth Ward, Atlanta, GA?
A reasonable rent price in Old Fourth Ward, Atlanta, GA is around $2,240/month. You can search for these reasonably priced rental listings on RentHop.
Quantcast