RentDataNowRentDataNow
City Report · GA

Oakwood

Pop. 5,862·97th most expensive in Georgia·Oakwood rents are up 5.2% over the past year
Median rent (all units)
$1,653/mo
Year-over-Year
+5.2%
Month-over-Month
+0.5%
vs US Median
-$312
Stable (Monthly)
Be the first to discuss Oakwood rents ↓
Most AffordableMost Expensive
Oakwood · $1,653
More affordable than 65% of US cities · National median $1,965/mo
Affordability
29% of income
AFFORDABLE
0%30% benchmark60%+

At $1,653/mo, rent takes about 29% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$66,000/yr
Local median income
$67,917/yr
Based on the 30%-of-income rule using Oakwood's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,200
1 BR
$1,420
2 BR
$1,570
3 BR
$1,890
4 BR+
$2,130
Research median
$1,570/mo

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

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$19,836/yr
At $1,653/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.2% YoY, +0.5% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Oakwood, GA is majority renter-occupied, skews toward younger working-age adults, 24% of residents hold a bachelor's degree or higher.

Population
5,862
Median income
$67,917
Median age
31.8
Renters
56.4%
Age distribution
22.5%
32.2%
28.6%
Under 1822.5%
18–3432.2%
35–5428.6%
55–646.6%
65+10.1%
Gender
49.4%
50.6%
Male49.4%
Female50.6%
Race & ethnicity
56.4%
29.3%
White56.4%
Black10.9%
Hispanic29.3%
Asian1.7%
Other1.8%
Education (25+)
19.9%
25.5%
30.6%
24%
No HS diploma19.9%
HS diploma25.5%
Some college30.6%
Bachelor's+24%
Housing tenure
43.6%
56.4%
Owner43.6%
Renter56.4%

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

2021 vs 2026

How Oakwood, GA has changed in 5 years

Income
$53,380 → $67,917
up 27.2%
Population
4,853 → 5,862
up 20.8%
Renter share
62.8% → 56.4%
-6.4 pts
Bachelor's+
19.8% → 24%
+4.2 pts
Median age
30.4 → 31.8
+1.4 yrs

On the earnings side, the typical household in Oakwood, GA now reports about $67,917, up from $53,380 in 2021. Headcount in the area went from 4,853 to 5,862 between 2021 and 2024, a 20.8% change. About 56.4% of households rent today, against 62.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 19.8% to 24%.

Community

Discussions about Oakwood

No discussions yet. Start the conversation.

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

Can you afford rent in Oakwood on your salary?

At $1,653/mo, how Oakwood rent compares to typical pay (30% rule).

By apartment size

Oakwood rent by bedroom count

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

Local insights

Tips for renters in Oakwood

About renting in Oakwood, GA

Last updated: July 20, 2026

The median rent in Oakwood is $1,653/mo as of July 2026. A studio apartment averages $1,200/mo while a 2-bedroom runs $1,570/mo. One-bedroom apartments average $1,420/mo and 3-bedroom units go for $1,890/mo.

At 29% of local median household income ($67,917/yr), Oakwood ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.2% over the past year.

FAQ

Frequently asked questions

Is Oakwood an affordable city for renters?

Oakwood is considered affordable for renters. At $1,653/mo, rent takes approximately 29% of the local median household income ($67,917/yr). The standard benchmark is 30%. Oakwood falls comfortably within that range.

How much income do you need to rent in Oakwood?

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 $1,653/mo in Oakwood. The local median household income is $67,917/yr, meaning the typical Oakwood household meets that threshold.

Is rent going up or down in Oakwood?

Rent in Oakwood has increased 5.2% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Oakwood rent compare to other cities in Georgia?

Oakwood is one of the more affordable cities in Georgia for rent, ranking #97 out of 135 tracked cities at $1,653/mo.

Which nearby cities are cheaper to rent in than Oakwood?

Gainesville is nearby and more affordable at $1,635/mo, which is $18 less than Oakwood.

What percentage of Oakwood residents rent vs. own?

According to Census data, approximately 56.4% of Oakwood households are renters, while 43.6% are owner-occupied. With a majority renter population, Oakwood has a strong rental market.

How does Oakwood rent compare to the national average?

Oakwood's median rent of $1,653/mo is $312 (16%) below the US national median of $1,965/mo. Within Georgia, it ranks #97 out of 135 tracked cities.
Income Affordability
29%
AFFORDABLE

At $1,653/mo, rent takes ~29% of Oakwood's median household income ($67,917/yr). The standard benchmark is 30%.

Oakwood 29%Benchmark 30%
State income tax4.99%
Run the Oakwood affordability calculator →
Lowest-rent ZIP codes in Oakwood
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Oakwood, GA

Recent submissions

Be the first to submit your rent for Oakwood.

Recent discussions

No discussions yet.