City Report · GA

Stone Mountain

Pop. 6,623·106th most expensive in Georgia·Stone Mountain rents have dropped 5.2%, currently a renter's market
Median rent (all units)
$1,581/mo
Year-over-Year
-5.2%
Month-over-Month
-4.9%
vs US Median
-$381
Falling (Monthly)
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Most AffordableMost Expensive
Stone Mountain · $1,581
More affordable than 71% of US cities · National median $1,962/mo
Rent Reality Score
91/100
Great value
OverheatedFairGreat value

Rents are 20% below what Stone Mountain's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,581/mo
Expected by trend
$1,984/mo
The Rent Reality Score compares today's median rent to where Stone Mountain's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,580
1 BR
$1,637
2 BR
$1,813
3 BR
$2,187
4 BR+
$2,627
Fair Market Rent (HUD)
$1,813/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,581 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

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Last updated: August 17, 2026

Annual cost
$18,972/yr
At $1,581/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 5.2% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-5.2% YoY, -4.9% MoM), not inventory.
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Demographics

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.

Population
6,623
Median income
$46,973
Median age
34.9
Renters
50.2%
Age distribution
23.4%
27.2%
23.5%
12.2%
13.6%
Under 1823.4%
18–3427.2%
35–5423.5%
55–6412.2%
65+13.6%
Gender
53.2%
46.8%
Male53.2%
Female46.8%
Race & ethnicity
81.6%
White9.3%
Black81.6%
Hispanic1.9%
Asian1.8%
Other5.4%
Education (25+)
12.8%
42.3%
22.1%
22.8%
No HS diploma12.8%
HS diploma42.3%
Some college22.1%
Bachelor's+22.8%
Housing tenure
49.8%
50.2%
Owner49.8%
Renter50.2%

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

2021 vs 2026

How Stone Mountain, GA has changed in 5 years

Rent
$1,305 → $1,581
up 21.1%
Income
$44,716 → $46,973
up 5.0%
Population
6,622 → 6,623
up 0.0%
Renter share
51.7% → 50.2%
-1.5 pts
Bachelor's+
21.9% → 22.8%
+0.9 pts

Since 2021, the typical rent in Stone Mountain, GA has increased from $1,305 to $1,581, a 21.1% 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.

Community

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View Stone Mountain rent history (2015–2026) →
Salary vs rent

Can you afford rent in Stone Mountain on your salary?

At $1,581/mo, how Stone Mountain rent compares to typical pay (30% rule).

By apartment size

Stone Mountain rent by bedroom count

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

Local insights

Tips for renters in Stone Mountain

About renting in Stone Mountain, GA

Last updated: August 17, 2026

The median rent in Stone Mountain is $1,581/mo as of August 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 40% of local median household income ($46,973/yr), Stone Mountain ranks as moderate compared to the national benchmark of 30%. Rents have decreased 5.2% over the past year.

FAQ

Frequently asked questions

Is Stone Mountain an affordable city for renters?

Stone Mountain is considered moderate for renters. At $1,581/mo, rent takes approximately 40% of the local median household income ($46,973/yr). The standard benchmark is 30%. Stone Mountain slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Stone Mountain?

To keep rent at or below 30% of gross income, you would need to earn at least $63,000/year (~$30/hour full-time) to afford the median rent of $1,581/mo in Stone Mountain. The local median household income is $46,973/yr, meaning the typical Stone Mountain household falls short of that threshold.

Is rent going up or down in Stone Mountain?

Rent in Stone Mountain has decreased 5.2% over the past year as of August 2026, offering some relief compared to 12 months ago.

Which Stone Mountain neighborhoods have the lowest rent?

The most affordable ZIP codes in Stone Mountain are 30083 ($1,373/mo), 30088 ($1,565/mo), and 30087 ($2,043/mo). Citywide, the median rent in Stone Mountain is $1,581/mo.

How does Stone Mountain rent compare to other cities in Georgia?

Stone Mountain is one of the more affordable cities in Georgia for rent, ranking #106 out of 133 tracked cities at $1,581/mo.

Which nearby cities are cheaper to rent in than Stone Mountain?

Clarkston is nearby and more affordable at $1,408/mo, which is $173 less than Stone Mountain.

What percentage of Stone Mountain residents rent vs. own?

According to Census data, approximately 50.2% of Stone Mountain households are renters, while 49.8% are owner-occupied. With a majority renter population, Stone Mountain has a strong rental market.

How does Stone Mountain rent compare to the national average?

Stone Mountain's median rent of $1,581/mo is $381 (19%) below the US national median of $1,962/mo. Within Georgia, it ranks #106 out of 133 tracked cities.
Income Affordability
40%
MODERATE

At $1,581/mo, rent takes ~40% of Stone Mountain's median household income ($46,973/yr). The standard benchmark is 30%.

Stone Mountain 40%Benchmark 30%
State income tax4.99%
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Stone Mountain, GA

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