Rents are 12% below what Alpharetta's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,083 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in Alpharetta usually run 1.4% below trend in December and 1.1% above it in July, about $52 a month apart at today's median. Based on 11 years of data.
Rent in Alpharetta is 1% below its high of $2,105 in March 2023, at $2,083 as of September 2026.
Rent in Alpharetta changed -0.5% over the year to September 2026. Across the 115 Georgia cities Zillow tracks, the typical change was +2.3%.
From 2019 to 2024, rent in Alpharetta rose 34.4% while median household income rose 29.7% ($113,802 to $147,612). Rent outpaced income.
Rent in Alpharetta is 34.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has fallen 2 months in a row, and rose in 4 of the last 12 months.
30% of the median household income ($147,612) is $3,690 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,405).
Roswell, 6 miles away, rents for 18% less ($1,706/mo), about $4,500 a year in savings.
From Zillow's monthly rent index (ZORI) for Alpharetta. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Alpharetta, GA is majority owner-occupied, has a median income above the national average, 70.7% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Alpharetta, GA has changed in 5 years
Compared with 2021, rent in Alpharetta, GA has climbed by $390 per month, settling near $2,083 after starting the period at $1,693. Local incomes tracked alongside that move, going from a median of $133,920 in 2021 to $147,612 more recently. Rent outpaced income growth by roughly 12.8 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 65,187 to 66,855 between 2021 and 2024, a 2.6% change. About 34.9% of households rent today, against 32.3% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Alpharetta, GA market of 2021.
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Can you afford rent in Alpharetta on your salary?
At $2,083/mo, how Alpharetta rent compares to typical pay (30% rule).
Alpharetta rent by bedroom count
Median rent for each apartment size in Alpharetta. Click any size for full breakdown.
Tips for renters in Alpharetta
Last updated: October 17, 2026
The median rent in Alpharetta is $2,083/mo as of October 2026. A studio apartment averages $2,040/mo while a 2-bedroom runs $2,350/mo. One-bedroom apartments average $2,120/mo and 3-bedroom units go for $2,830/mo.
At 17% of local median household income ($147,612/yr), Alpharetta ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.5% over the past year.
Frequently asked questions
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Which nearby cities are cheaper to rent in than Alpharetta?
At $2,083/mo, rent takes ~17% of Alpharetta's median household income ($147,612/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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