City Report · GA

Grayson

Pop. 4,858·44th most expensive in Georgia·Rental market data updated monthly for Grayson, GA
Median rent (all units)
$1,926/mo
Year-over-Year
+2.9%
Month-over-Month
-0.1%
vs US Median
-$6
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Grayson · $1,926
More expensive than 56% of US cities · National median $1,932/mo
Rent Reality Score
53/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Grayson's 10-year trend predicts.

Actual rent
$1,926/mo
Expected by trend
$1,958/mo
The Rent Reality Score compares today's median rent to where Grayson's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,900
1 BR
$1,970
2 BR
$2,180
3 BR
$2,630
4 BR+
$3,160
Fair Market Rent (HUD)
$2,180/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,926 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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in Grayson usually run 1.3% below trend in January and 1.3% above it in July, about $50 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in Grayson is 0.1% below its high of $1,928 in August 2026, at $1,926 as of September 2026.

Past year vs. the rest of Georgia

Rent in Grayson changed +2.9% over the year to September 2026. Across the 115 Georgia cities Zillow tracks, the typical change was +2.3%.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($131,293) is $3,282 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,160).

Cheaper nearby

Duluth, 13 miles away, rents for 14% less ($1,648/mo), about $3,300 a year in savings.

From Zillow's monthly rent index (ZORI) for Grayson. 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.

Annual cost
$23,112/yr
At $1,926/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.9% YoY, -0.1% MoM), not inventory.
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Demographics

Who lives here

Grayson, GA is majority owner-occupied, has a large share of families with children, has a median income above the national average, 33.1% of residents hold a bachelor's degree or higher.

Population
4,858
Median income
$131,293
Median age
31
Renters
12.1%
Age distribution
35.4%
21.1%
21.8%
13.6%
Under 1835.4%
18–3421.1%
35–5421.8%
55–6413.6%
65+8%
Gender
44.6%
55.4%
Male44.6%
Female55.4%
Race & ethnicity
22.8%
67.9%
White22.8%
Black67.9%
Hispanic3.8%
Asian6.7%
Education (25+)
16%
30.9%
20.1%
33.1%
No HS diploma16%
HS diploma30.9%
Some college20.1%
Bachelor's+33.1%
Housing tenure
87.9%
12.1%
Owner87.9%
Renter12.1%

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

2022 vs 2026

How Grayson, GA has changed in 5 years

Rent
$1,729 → $1,926
up 11.4%
Income
$113,652 → $131,293
up 15.5%
Population
4,478 → 4,858
up 8.5%
Renter share
4.4% → 12.1%
+7.7 pts
Bachelor's+
42.5% → 33.1%
-9.4 pts

The median rent in Grayson, GA stood at $1,729 in 2022 and currently runs about $1,926, reflecting a 11.4% increase over the period. Census figures show median household income at $131,293 today, compared with $113,652 five years earlier. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 8.5% since 2021, moving from about 4,478 residents to roughly 4,858. Renters now make up 12.1% of households, compared with 4.4% five years ago. College-educated residents now make up 33.1% of adults here, versus 42.5% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

Community

Discussions about Grayson

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View Grayson rent history (2015–2026) →
Salary vs rent

Can you afford rent in Grayson on your salary?

At $1,926/mo, how Grayson rent compares to typical pay (30% rule).

By apartment size

Grayson rent by bedroom count

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

Local insights

Tips for renters in Grayson

About renting in Grayson, GA

Last updated: October 17, 2026

The median rent in Grayson is $1,926/mo as of October 2026. A studio apartment averages $1,900/mo while a 2-bedroom runs $2,180/mo. One-bedroom apartments average $1,970/mo and 3-bedroom units go for $2,630/mo.

At 18% of local median household income ($131,293/yr), Grayson ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Grayson?

To keep rent at or below 30% of gross income, you would need to earn at least $77,000/year (about $37/hour full-time) to afford the median rent of $1,926/mo in Grayson. The local median household income is $131,293/yr, so the typical household meets that bar.

Is rent going up or down in Grayson?

Rent in Grayson has risen 2.9% over the past year as of September 2026. It sits 0.1% below its high of $1,928 in August 2026.

When is the cheapest time to rent in Grayson?

Asking rents in Grayson are usually lowest in January, about 1.3% below their yearly trend, and highest in July, about 1.3% above it. At today's median that is a gap of roughly $50 a month. This pattern comes from 5 years of Zillow rent data.

How does Grayson rent compare to other cities in Georgia?

Grayson is one of the pricier among Georgia cities for rent, ranking #44 of 133 tracked cities at $1,926/mo. Over the year to September 2026, rent in Grayson changed +2.9%, against a typical +2.3% across the 115 Georgia cities Zillow tracks.

Which nearby cities are cheaper to rent in than Grayson?

Nearby cities with lower median rent than Grayson ($1,926/mo) include Lawrenceville ($1,878/mo).
Income Affordability
18%
VERY AFFORDABLE

At $1,926/mo, rent takes ~18% of Grayson's median household income ($131,293/yr). The standard benchmark is 30%.

Grayson 18%Benchmark 30%
State income tax4.99%
Run the Grayson affordability calculator →
Lowest-rent ZIP codes in Grayson
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Grayson, GA

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