City Report · GA

Grayson

Pop. 4,858·38th most expensive in Georgia·Grayson rents have dropped 10.4%, currently a renter's market
Median rent (all units)
$1,983/mo
Year-over-Year
-10.4%
Month-over-Month
-4.2%
vs US Median
+$21
Falling (Monthly)
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Most AffordableMost Expensive
Grayson · $1,983
More expensive than 58% of US cities · National median $1,962/mo
Rent Reality Score
73/100
Good value
OverheatedFairGreat value

Rents are 12% below what Grayson's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,983/mo
Expected by trend
$2,243/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 $1,983 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
$23,796/yr
At $1,983/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 10.4% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-10.4% YoY, -4.2% 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
$1,915 → $1,983
up 3.6%
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 $1,915 in 2022 and currently runs about $1,983, reflecting a 3.6% 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

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

Can you afford rent in Grayson on your salary?

At $1,983/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: August 17, 2026

The median rent in Grayson is $1,983/mo as of August 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 decreased 10.4% over the past year.

FAQ

Frequently asked questions

Is Grayson an affordable city for renters?

Grayson is considered very affordable for renters. At $1,983/mo, rent takes approximately 18% of the local median household income ($131,293/yr). The standard benchmark is 30%. Grayson falls comfortably within that range.

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 $79,000/year (~$38/hour full-time) to afford the median rent of $1,983/mo in Grayson. The local median household income is $131,293/yr, meaning the typical Grayson household meets that threshold.

Is rent going up or down in Grayson?

Rent in Grayson has decreased 10.4% over the past year as of August 2026, offering some relief compared to 12 months ago.

How does Grayson rent compare to other cities in Georgia?

Grayson is one of the pricier cities in Georgia for rent, ranking #38 out of 133 tracked cities at $1,983/mo.

Which nearby cities are cheaper to rent in than Grayson?

Lawrenceville is nearby and more affordable at $1,889/mo, which is $94 less than Grayson.

What percentage of Grayson residents rent vs. own?

According to Census data, approximately 12.1% of Grayson households are renters, while 87.9% are owner-occupied. Grayson leans toward homeownership, which can mean a smaller rental inventory.

How does Grayson rent compare to the national average?

Grayson's median rent of $1,983/mo is $21 (1%) above the US national median of $1,962/mo. Within Georgia, it ranks #38 out of 133 tracked cities.
Income Affordability
18%
VERY AFFORDABLE

At $1,983/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 →
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Neighborhoods

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Schools nearby

Public schools near Grayson, GA

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