At $1,499/mo, rent takes about 25% of the local median household income, comfortably within 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 $1,499 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 Gresham Park changed +4.6% over the year to September 2026. Across the 115 Georgia cities Zillow tracks, the typical change was +2.3%.
Rent has risen 2 months in a row, and rose in 6 of the last 12 months.
30% of the median household income ($71,042) is $1,776 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,615); a 4-bedroom is $2,524.
Forest Park, 7 miles away, rents for 18% less ($1,226/mo), about $3,300 a year in savings.
From Zillow's monthly rent index (ZORI) for Gresham 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
Gresham Park, GA is majority owner-occupied, has a large retiree population, 38.4% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Gresham Park, GA has changed in 5 years
Local incomes tracked alongside that move, going from a median of $58,125 in 2021 to $71,042 more recently. Census counts show Gresham Park, GA losing about 1,634 residents over the five-year window, down 19.1% on net. The renter share has eased from 41.4% to 34.3%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 31.6% to 38.4% across the same window.
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Can you afford rent in Gresham Park on your salary?
At $1,499/mo, how Gresham Park rent compares to typical pay (30% rule).
Gresham Park rent by bedroom count
Median rent for each apartment size in Gresham Park. Click any size for full breakdown.
Tips for renters in Gresham Park
Last updated: October 17, 2026
The median rent in Gresham Park is $1,499/mo as of October 2026. a 2-bedroom runs $1,466/mo and 3-bedroom units go for $1,615/mo.
At 25% of local median household income ($71,042/yr), Gresham Park ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.6% over the past year.
Frequently asked questions
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Is rent going up or down in Gresham Park?
How does Gresham Park rent compare to other cities in Georgia?
At $1,499/mo, rent takes ~25% of Gresham Park's median household income ($71,042/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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