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City Report · GA

Milton

Pop. 41,546·34th most expensive in Georgia·Rental market data updated monthly for Milton, GA
Median rent (all units)
$2,067/mo
Year-over-Year
+4.3%
Month-over-Month
+3.3%
vs US Median
+$102
Rising (Monthly)
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Most AffordableMost Expensive
Milton · $2,067
More expensive than 62% of US cities · National median $1,965/mo
Rent Reality Score
69/100
Good value
OverheatedFairGreat value

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

Actual rent
$2,067/mo
Expected by trend
$2,290/mo
The Rent Reality Score compares today's median rent to where Milton's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,830
1 BR
$1,910
2 BR
$2,110
3 BR
$2,540
4 BR+
$3,060
Research median
$2,110/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
$24,804/yr
At $2,067/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 4.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+4.3% YoY, +3.3% MoM), not inventory.
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Demographics

Who lives here

Milton, GA is majority owner-occupied, has a large share of families with children, has a median income above the national average, 77.9% of residents hold a bachelor's degree or higher.

Population
41,546
Median income
$171,295
Median age
40.1
Renters
27.5%
Age distribution
27.8%
14.5%
33%
14.3%
Under 1827.8%
18–3414.5%
35–5433%
55–6414.3%
65+10.5%
Gender
51.7%
48.3%
Male51.7%
Female48.3%
Race & ethnicity
57.5%
12.5%
16.3%
White57.5%
Black12.5%
Hispanic9.5%
Asian16.3%
Other4.1%
Education (25+)
13.4%
77.9%
No HS diploma3.5%
HS diploma5.2%
Some college13.4%
Bachelor's+77.9%
Housing tenure
72.5%
27.5%
Owner72.5%
Renter27.5%

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

2021 vs 2026

How Milton, GA has changed in 5 years

Rent
$1,533 → $2,067
up 34.8%
Income
$136,020 → $171,295
up 25.9%
Population
40,487 → 41,546
up 2.6%
Renter share
25.1% → 27.5%
+2.4 pts
Bachelor's+
74.9% → 77.9%
+3.0 pts

Rent in Milton, GA has climbed 34.8% since 2021, going from about $1,533 per month to roughly $2,067 today. Local incomes tracked alongside that move, going from a median of $136,020 in 2021 to $171,295 more recently. Rent outpaced income growth by roughly 8.9 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 40,487 to 41,546 between 2021 and 2024, a 2.6% change. About 27.5% of households rent today, against 25.1% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 74.9% to 77.9%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Milton, GA market of 2021.

Community

Discussions about Milton

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

Can you afford rent in Milton on your salary?

At $2,067/mo, how Milton rent compares to typical pay (30% rule).

By apartment size

Milton rent by bedroom count

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

Local insights

Tips for renters in Milton

About renting in Milton, GA

Last updated: July 20, 2026

The median rent in Milton is $2,067/mo as of July 2026. A studio apartment averages $1,830/mo while a 2-bedroom runs $2,110/mo. One-bedroom apartments average $1,910/mo and 3-bedroom units go for $2,540/mo.

At 14% of local median household income ($171,295/yr), Milton ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.3% over the past year.

FAQ

Frequently asked questions

Is Milton an affordable city for renters?

Milton is considered very affordable for renters. At $2,067/mo, rent takes approximately 14% of the local median household income ($171,295/yr). The standard benchmark is 30%. Milton falls comfortably within that range.

How much income do you need to rent in Milton?

To keep rent at or below 30% of gross income, you would need to earn at least $83,000/year (~$40/hour full-time) to afford the median rent of $2,067/mo in Milton. The local median household income is $171,295/yr, meaning the typical Milton household meets that threshold.

Is rent going up or down in Milton?

Rent in Milton has increased 4.3% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Milton rent compare to other cities in Georgia?

Milton is one of the pricier cities in Georgia for rent, ranking #34 out of 135 tracked cities at $2,067/mo.

Which nearby cities are cheaper to rent in than Milton?

Several nearby cities have lower median rents than Milton ($2,067/mo): Peachtree Corners ($1,517/mo), Roswell ($1,730/mo).

What percentage of Milton residents rent vs. own?

According to Census data, approximately 27.5% of Milton households are renters, while 72.5% are owner-occupied. Milton leans toward homeownership, which can mean a smaller rental inventory.

How does Milton rent compare to the national average?

Milton's median rent of $2,067/mo is $102 (5%) above the US national median of $1,965/mo. Within Georgia, it ranks #34 out of 135 tracked cities.
Income Affordability
14%
VERY AFFORDABLE

At $2,067/mo, rent takes ~14% of Milton's median household income ($171,295/yr). The standard benchmark is 30%.

Milton 14%Benchmark 30%
State income tax4.99%
Run the Milton affordability calculator →
Lowest-rent ZIP codes in Milton
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Milton, GA

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