At $1,431/mo, rent takes about 33% of the local median household income, slightly above the 30% benchmark.
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 $1,431 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
Rent in College Park is 6.7% below its high of $1,534 in January 2023, at $1,431 as of September 2026.
Rent in College Park changed -3.2% over the year to September 2026. Across the 115 Georgia cities Zillow tracks, the typical change was +2.3%.
Rent has fallen 4 months in a row, and rose in 4 of the last 12 months.
30% of the median household income ($51,635) is $1,291 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,230); a 2-bedroom is $1,360.
Forest Park, 5 miles away, rents for 14% less ($1,226/mo), about $2,500 a year in savings.
From Zillow's monthly rent index (ZORI) for College Park. 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
College Park, GA is majority renter-occupied, has a large share of families with children, has a median income below the national average, 28.8% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How College Park, GA has changed in 5 years
Across the past five years, the going rent in College Park, GA has shifted from $1,448 to $1,431, down 1.2% since 2023. Household income in the area moved from $43,554 to $51,635 across the same window, up 18.6% versus 2021. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show College Park, GA adding about 680 residents over the five-year window, up 4.8% on net. The renter share has risen from 74.9% to 78.5%, with owner-occupied housing accounting for the remainder. Reading these numbers side by side helps frame whether current listings in College Park, GA look reasonable against where the market sat half a decade ago.
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Can you afford rent in College Park on your salary?
At $1,431/mo, how College Park rent compares to typical pay (30% rule).
College Park rent by bedroom count
Median rent for each apartment size in College Park. Click any size for full breakdown.
Tips for renters in College Park
Last updated: October 17, 2026
The median rent in College Park is $1,431/mo as of October 2026. A studio apartment averages $1,180/mo while a 2-bedroom runs $1,360/mo. One-bedroom apartments average $1,230/mo and 3-bedroom units go for $1,640/mo.
At 33% of local median household income ($51,635/yr), College Park ranks as moderate compared to the national benchmark of 30%. Rents have decreased 3.3% over the past year.
Frequently asked questions
How much income do you need to rent in College Park?
Is rent going up or down in College Park?
How does College Park rent compare to other cities in Georgia?
Which nearby cities are cheaper to rent in than College Park?
At $1,431/mo, rent takes ~33% of College Park's median household income ($51,635/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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