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City Report · GA

Gresham Park

Pop. 6,935·94th most expensive in Georgia·Gresham Park rents are up 6.6% over the past year
Median rent (all units)
$1,654/mo
Year-over-Year
+6.6%
Month-over-Month
-3.0%
vs US Median
-$308
Falling (Monthly)
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Most AffordableMost Expensive
Gresham Park · $1,654
More affordable than 65% of US cities · National median $1,962/mo
Affordability
28% of income
AFFORDABLE
0%30% benchmark60%+

At $1,654/mo, rent takes about 28% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$66,000/yr
Local median income
$71,042/yr
Based on the 30%-of-income rule using Gresham Park's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

2 BR
$1,466
3 BR
$1,615
4 BR+
$2,524
Fair Market Rent (HUD)
$1,466/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,654 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
$19,848/yr
At $1,654/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+6.6% YoY, -3.0% MoM), not inventory.
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Demographics

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.

Population
6,935
Median income
$71,042
Median age
40.3
Renters
34.3%
Age distribution
19.2%
18.4%
28.3%
22.4%
Under 1819.2%
18–3418.4%
35–5428.3%
55–6411.6%
65+22.4%
Gender
52.2%
47.8%
Male52.2%
Female47.8%
Race & ethnicity
20.1%
59.3%
White20.1%
Black59.3%
Hispanic11.1%
Asian2.6%
Other6.9%
Education (25+)
13.3%
24.1%
24.3%
38.4%
No HS diploma13.3%
HS diploma24.1%
Some college24.3%
Bachelor's+38.4%
Housing tenure
65.7%
34.3%
Owner65.7%
Renter34.3%

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

2021 vs 2026

How Gresham Park, GA has changed in 5 years

Income
$58,125 → $71,042
up 22.2%
Population
8,569 → 6,935
down 19.1%
Renter share
41.4% → 34.3%
-7.1 pts
Bachelor's+
31.6% → 38.4%
+6.8 pts
Median age
40.9 → 40.3
-0.6 yrs

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.

Community

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

Can you afford rent in Gresham Park on your salary?

At $1,654/mo, how Gresham Park rent compares to typical pay (30% rule).

By apartment size

Gresham Park rent by bedroom count

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

Local insights

Tips for renters in Gresham Park

About renting in Gresham Park, GA

Last updated: August 17, 2026

The median rent in Gresham Park is $1,654/mo as of August 2026. a 2-bedroom runs $1,466/mo and 3-bedroom units go for $1,615/mo.

At 28% of local median household income ($71,042/yr), Gresham Park ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.6% over the past year.

FAQ

Frequently asked questions

Is Gresham Park an affordable city for renters?

Gresham Park is considered affordable for renters. At $1,654/mo, rent takes approximately 28% of the local median household income ($71,042/yr). The standard benchmark is 30%. Gresham Park falls comfortably within that range.

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

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (~$32/hour full-time) to afford the median rent of $1,654/mo in Gresham Park. The local median household income is $71,042/yr, meaning the typical Gresham Park household meets that threshold.

Is rent going up or down in Gresham Park?

Rent in Gresham Park has increased 6.6% over the past year as of August 2026, putting upward pressure on renter budgets.

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

Gresham Park is one of the more affordable cities in Georgia for rent, ranking #94 out of 133 tracked cities at $1,654/mo.

What percentage of Gresham Park residents rent vs. own?

According to Census data, approximately 34.3% of Gresham Park households are renters, while 65.7% are owner-occupied. Gresham Park leans toward homeownership, which can mean a smaller rental inventory.

How does Gresham Park rent compare to the national average?

Gresham Park's median rent of $1,654/mo is $308 (16%) below the US national median of $1,962/mo. Within Georgia, it ranks #94 out of 133 tracked cities.
Income Affordability
28%
AFFORDABLE

At $1,654/mo, rent takes ~28% of Gresham Park's median household income ($71,042/yr). The standard benchmark is 30%.

Gresham Park 28%Benchmark 30%
State income tax4.99%
Run the Gresham Park affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Gresham Park, GA

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