Rents are 10% below what Newnan's 10-year trend predicts — a better deal than its own history suggests.
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 $1,770 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
February. Asking rents in Newnan usually run 0.9% below trend in February and 0.9% above it in July, about $32 a month apart at today's median. Based on 11 years of data.
Rent in Newnan is at its highest level since Zillow's records here began in January 2015.
Rent in Newnan changed +3.0% over the year to September 2026. Across the 115 Georgia cities Zillow tracks, the typical change was +2.3%.
From 2019 to 2024, rent in Newnan rose 45% while median household income rose 29.4% ($63,606 to $82,292). Rent outpaced income.
Rent in Newnan is 46.6% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 7 months in a row, and rose in 8 of the last 12 months.
30% of the median household income ($82,292) is $2,057 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,825); a 3-bedroom is $2,200.
Carrollton, 23 miles away, rents for 15% less ($1,501/mo), about $3,200 a year in savings.
From Zillow's monthly rent index (ZORI) for Newnan. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. 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
Newnan, GA is majority owner-occupied, 40.7% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Newnan, GA has changed in 5 years
Across the past five years, the going rent in Newnan, GA has shifted from $1,374 to $1,770, up 28.8% since 2021. Census figures show median household income at $82,292 today, compared with $71,630 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Newnan, GA adding about 2,637 residents over the five-year window, up 6.3% on net. The renter share has eased from 44% to 41.8%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 37.2% to 40.7% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.
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At $1,770/mo, how Newnan rent compares to typical pay (30% rule).
Newnan rent by bedroom count
Median rent for each apartment size in Newnan. Click any size for full breakdown.
Tips for renters in Newnan
Last updated: October 17, 2026
The median rent in Newnan is $1,770/mo as of October 2026. A studio apartment averages $1,585/mo while a 2-bedroom runs $1,825/mo. One-bedroom apartments average $1,650/mo and 3-bedroom units go for $2,200/mo.
At 26% of local median household income ($82,292/yr), Newnan ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.0% over the past year.
Frequently asked questions
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How does Newnan rent compare to other cities in Georgia?
At $1,770/mo, rent takes ~26% of Newnan's median household income ($82,292/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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