City Report · GA

College Park

Pop. 14,712·110th most expensive in Georgia·Rental market data updated monthly for College Park, GA
Median rent (all units)
$1,549/mo
Year-over-Year
-4.0%
Month-over-Month
-5.2%
vs US Median
-$413
Falling (Monthly)
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Most AffordableMost Expensive
College Park · $1,549
More affordable than 73% of US cities · National median $1,962/mo
Rent Reality Score
63/100
Good value
OverheatedFairGreat value

Rents are 7% below what College Park's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,549/mo
Expected by trend
$1,656/mo
The Rent Reality Score compares today's median rent to where College Park's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,180
1 BR
$1,230
2 BR
$1,360
3 BR
$1,640
4 BR+
$1,970
Fair Market Rent (HUD)
$1,360/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,549 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 →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$18,588/yr
At $1,549/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 4.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-4.0% YoY, -5.2% MoM), not inventory.
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Demographics

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.

Population
14,712
Median income
$51,635
Median age
32
Renters
78.5%
Age distribution
25.1%
29.9%
25.7%
Under 1825.1%
18–3429.9%
35–5425.7%
55–6410%
65+9.3%
Gender
46.9%
53.1%
Male46.9%
Female53.1%
Race & ethnicity
81.6%
White7.6%
Black81.6%
Hispanic4.4%
Asian2.4%
Other3.9%
Education (25+)
31.6%
28.3%
28.8%
No HS diploma11.3%
HS diploma31.6%
Some college28.3%
Bachelor's+28.8%
Housing tenure
21.5%
78.5%
Owner21.5%
Renter78.5%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How College Park, GA has changed in 5 years

Rent
$1,559 → $1,549
down 0.6%
Income
$43,554 → $51,635
up 18.6%
Population
14,032 → 14,712
up 4.8%
Renter share
74.9% → 78.5%
+3.6 pts
Bachelor's+
29.1% → 28.8%
-0.3 pts

Across the past five years, the going rent in College Park, GA has shifted from $1,559 to $1,549, down 0.6% 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.

Community

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View College Park rent history (2015–2026) →
Salary vs rent

Can you afford rent in College Park on your salary?

At $1,549/mo, how College Park rent compares to typical pay (30% rule).

By apartment size

College Park rent by bedroom count

Median rent for each apartment size in College Park. Click any size for full breakdown.

Local insights

Tips for renters in College Park

About renting in College Park, GA

Last updated: August 17, 2026

The median rent in College Park is $1,549/mo as of August 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 36% of local median household income ($51,635/yr), College Park ranks as moderate compared to the national benchmark of 30%. Rents have decreased 4.0% over the past year.

FAQ

Frequently asked questions

Is College Park an affordable city for renters?

College Park is considered moderate for renters. At $1,549/mo, rent takes approximately 36% of the local median household income ($51,635/yr). The standard benchmark is 30%. College Park slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in College Park?

To keep rent at or below 30% of gross income, you would need to earn at least $62,000/year (~$30/hour full-time) to afford the median rent of $1,549/mo in College Park. The local median household income is $51,635/yr, meaning the typical College Park household falls short of that threshold.

Is rent going up or down in College Park?

Rent in College Park has decreased 4.0% over the past year as of August 2026, offering some relief compared to 12 months ago.

How does College Park rent compare to other cities in Georgia?

College Park is one of the more affordable cities in Georgia for rent, ranking #110 out of 133 tracked cities at $1,549/mo.

Which nearby cities are cheaper to rent in than College Park?

Forest Park is nearby and more affordable at $1,207/mo, which is $342 less than College Park.

What percentage of College Park residents rent vs. own?

According to Census data, approximately 78.5% of College Park households are renters, while 21.5% are owner-occupied. With a majority renter population, College Park has a strong rental market.

How does College Park rent compare to the national average?

College Park's median rent of $1,549/mo is $413 (21%) below the US national median of $1,962/mo. Within Georgia, it ranks #110 out of 133 tracked cities.
Income Affordability
36%
MODERATE

At $1,549/mo, rent takes ~36% of College Park's median household income ($51,635/yr). The standard benchmark is 30%.

College Park 36%Benchmark 30%
State income tax4.99%
Run the College Park affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near College Park, GA

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