How much does it cost to rent in Milton, GA?

As of August 2026, the median monthly rent in Milton, GA is $2,127. This figure is based on aggregated data from public sources and community-submitted rents.

Is Milton cheaper than other Georgia cities?

Milton is one of the pricier cities in Georgia, ranking #22 out of 133 cities tracked at $2,127/mo.

When was Milton rent data last updated?

Milton rent data reflects August 2026 and was last refreshed on August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.

What is the Fair Market Rent in Milton, GA?

HUD sets the Fair Market Rent for a two-bedroom home in Milton, GA at $2,110 per month, which is close to the $2,127 market median. Fair Market Rent is the Housing Choice Voucher (Section 8) payment standard. It is a 40th-percentile gross rent that includes essential utilities such as electricity, water, gas, sewer, and trash, and HUD updates it once a year, so it measures something different from current market asking rent.

City Report · GA

Milton

Name: Average Rent Prices in Milton, GA
Creator: RentDataNow
License: https://creativecommons.org/licenses/by/4.0/

Pop. 41,546·22nd most expensive in Georgia·Milton rents are up 6.5% over the past year

Median rent (all units)

$2,127/mo

Year-over-Year

+6.5%

Month-over-Month

+2.9%

vs US Median

+$165

Rising (Monthly)

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Most AffordableMost Expensive

Milton · $2,127

More expensive than 65% of US cities · National median $1,962/mo

Rent Reality Score

65/100

Good value

OverheatedFairGreat value

Rents are 7% below what Milton's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$2,127/mo

Expected by trend

$2,295/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

Fair Market Rent (HUD)

$2,110/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,127 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

Loading…

Last updated: August 17, 2026

Annual cost

$25,524/yr

At $2,127/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 6.5% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+6.5% YoY, +2.9% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

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 → $2,127

up 38.7%

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 38.7% since 2021, going from about $1,533 per month to roughly $2,127 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 12.8 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 $2,127/mo, how Milton rent compares to typical pay (30% rule).

Registered Nurse

Avg $89,756/yr · Rent = 28.4% income

affordable

Elementary School Teacher

Avg $63,726/yr · Rent = 40.1% income

rent-burdened

Police Officer

Avg $73,407/yr · Rent = 34.8% income

stretched

Software Developer

Avg $131,205/yr · Rent = 19.5% income

very comfortable

Lawyer

Avg $167,647/yr · Rent = 15.2% income

very comfortable

Firefighter

Avg $59,670/yr · Rent = 42.8% income

rent-burdened

Truck Driver

Avg $53,875/yr · Rent = 47.4% income

rent-burdened

Electrician

Avg $66,405/yr · Rent = 38.4% income

stretched

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: August 17, 2026

The median rent in Milton is $2,127/mo as of August 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 15% of local median household income ($171,295/yr), Milton ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.5% over the past year.

FAQ

Frequently asked questions

Is Milton an affordable city for renters?

Milton is considered very affordable for renters. At $2,127/mo, rent takes approximately 15% 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 $85,000/year (~$41/hour full-time) to afford the median rent of $2,127/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 6.5% over the past year as of August 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 #22 out of 133 tracked cities at $2,127/mo.

Which nearby cities are cheaper to rent in than Milton?

Several nearby cities have lower median rents than Milton ($2,127/mo): Peachtree Corners ($1,496/mo), Roswell ($1,733/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.