Rents are 16% below what Stone Mountain'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 $1,648 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
January. Asking rents in Stone Mountain usually run 0.8% below trend in January and 0.5% above it in June, about $21 a month apart at today's median. Based on 11 years of data.
Rent in Stone Mountain is 1.1% below its high of $1,667 in July 2025, at $1,648 as of September 2026.
Rent in Stone Mountain changed -0.1% 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 Stone Mountain rose 50.9% while median household income rose 6.2% ($44,245 to $46,973). Rent outpaced income.
Rent in Stone Mountain is 48.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 2 months in a row, and rose in 5 of the last 12 months.
30% of the median household income ($46,973) is $1,174 a month. That is less than HUD's Fair Market Rent for a studio ($1,580).
The priciest of 3 ZIP codes in Stone Mountain, 30087 ($2,069/mo), costs 1.5 times the cheapest, 30083 ($1,425/mo).
Clarkston, 4 miles away, rents for 16% less ($1,384/mo), about $3,200 a year in savings.
From Zillow's monthly rent index (ZORI) for Stone Mountain. 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
Stone Mountain, GA is roughly split between renters and owners, has a median income below the national average, 22.8% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Stone Mountain, GA has changed in 5 years
Since 2021, the typical rent in Stone Mountain, GA has increased from $1,297 to $1,648, a 27.1% change over five years. Median household income rose from $44,716 to $46,973 between 2021 and 2024, a 5.0% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. Renters now make up 50.2% of households, compared with 51.7% five years ago. Taken together, the five-year picture in Stone Mountain, GA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.
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At $1,648/mo, how Stone Mountain rent compares to typical pay (30% rule).
Stone Mountain rent by bedroom count
Median rent for each apartment size in Stone Mountain. Click any size for full breakdown.
Tips for renters in Stone Mountain
Last updated: October 17, 2026
The median rent in Stone Mountain is $1,648/mo as of October 2026. A studio apartment averages $1,580/mo while a 2-bedroom runs $1,813/mo. One-bedroom apartments average $1,637/mo and 3-bedroom units go for $2,187/mo.
At 42% of local median household income ($46,973/yr), Stone Mountain ranks as moderate compared to the national benchmark of 30%. Rents have decreased 0.1% over the past year.
Frequently asked questions
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How does Stone Mountain rent compare to other cities in Georgia?
At $1,648/mo, rent takes ~42% of Stone Mountain's median household income ($46,973/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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