City Report · GA

Gresham Park

Pop. 6,935·87th most expensive in Georgia·Gresham Park rents are up 13.5% over the past year
Median rent (all units)
$1,705/mo
Year-over-Year
+13.5%
Month-over-Month
-2.5%
vs US Median
-$260
Falling (Monthly)
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Most AffordableMost Expensive
Gresham Park · $1,705
More affordable than 61% of US cities · National median $1,965/mo
Affordability
29% of income
AFFORDABLE
0%30% benchmark60%+

At $1,705/mo, rent takes about 29% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$68,000/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
Research median
$1,466/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$20,460/yr
At $1,705/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 13.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+13.5% YoY, -2.5% 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 $1,705/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: July 20, 2026

The median rent in Gresham Park is $1,705/mo as of July 2026. a 2-bedroom runs $1,466/mo and 3-bedroom units go for $1,615/mo.

At 29% of local median household income ($71,042/yr), Gresham Park ranks as affordable compared to the national benchmark of 30%. Rents have increased 13.5% over the past year.

FAQ

Frequently asked questions

Is Gresham Park an affordable city for renters?

Gresham Park is considered affordable for renters. At $1,705/mo, rent takes approximately 29% 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 $68,000/year (~$33/hour full-time) to afford the median rent of $1,705/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 13.5% over the past year as of July 2026, putting upward pressure on renter budgets.

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

Gresham Park is middle-of-the-pack for Georgia for rent, ranking #87 out of 135 tracked cities at $1,705/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 $1,705/mo is $260 (13%) below the US national median of $1,965/mo. Within Georgia, it ranks #87 out of 135 tracked cities.
Income Affordability
29%
AFFORDABLE

At $1,705/mo, rent takes ~29% of Gresham Park's median household income ($71,042/yr). The standard benchmark is 30%.

Gresham Park 29%Benchmark 30%
State income tax4.99%
Run the Gresham Park affordability calculator →
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Neighborhoods

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Schools nearby

Public schools near Gresham Park, GA

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