ZIP Code · GA

ZIP 30331

Part of Atlanta, GA
Pop. 62,567·Fulton County·128th most expensive ZIP in Georgia
Median rent (all units)
$1,754/mo
Year-over-Year
-0.1%
Month-over-Month
+0.2%
vs US Median
-$178
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 30331 · $1,754
More affordable than 54% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,390
1 BR
$1,460
2 BR
$1,600
3 BR
$1,920
4 BR+
$2,290
Research median
$1,600/mo

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

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

March. Asking rents in ZIP 30331 usually run 0.9% below trend in March and 1% above it in September, about $33 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 30331 is 0.6% below its high of $1,765 in July 2025, at $1,754 as of September 2026.

Past year vs. the rest of Georgia

Rent in ZIP 30331 changed -0.1% over the year to September 2026. Across the 216 Georgia ZIP codes Zillow tracks, the typical change was +2.4%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 30331 rose 42.5% while median household income rose 29.5% ($48,347 to $62,623). Rent outpaced income.

Since before the pandemic

Rent in ZIP 30331 is 39.1% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 2 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($62,623) is $1,566 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,460); a 2-bedroom is $1,600.

Rank in Atlanta

6th cheapest of 25 ZIP codes in Atlanta.

Cheaper nearby

ZIP 30344, 5 miles away, rents for 14% less ($1,505/mo), about $3,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 30331. 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.

Annual cost
$21,048/yr
At $1,754/mo median
Location
StateGA
CountyFulton County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-0.1% YoY, +0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 30331 (Atlanta, GA) is roughly split between renters and owners, has a large share of families with children, has a median income below the national average, 38.7% of residents hold a bachelor's degree or higher.

Population
62,567
Median income
$62,623
Median age
36.9
Renters
46.8%
Age distribution
26.4%
21.5%
26.3%
15.2%
Under 1826.4%
18–3421.5%
35–5426.3%
55–6410.5%
65+15.2%
Gender
45%
55%
Male45%
Female55%
Race & ethnicity
93.2%
White1.6%
Black93.2%
Hispanic1.8%
Asian1.1%
Other2.3%
Education (25+)
25.9%
25.3%
38.7%
No HS diploma10.1%
HS diploma25.9%
Some college25.3%
Bachelor's+38.7%
Housing tenure
53.2%
46.8%
Owner53.2%
Renter46.8%

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

2021 vs 2026

How ZIP 30331 in Atlanta, GA has changed in 5 years

Rent
$1,433 → $1,754
up 22.4%
Income
$56,780 → $62,623
up 10.3%
Population
63,330 → 62,567
down 1.2%
Renter share
50.2% → 46.8%
-3.4 pts
Bachelor's+
37.8% → 38.7%
+0.9 pts
Median age
37.4 → 36.9
-0.5 yrs

Across the past five years, the going rent in ZIP 30331 in Atlanta, GA has shifted from $1,433 to $1,754, up 22.4% since 2021. Median household income climbed from $56,780 to $62,623 between 2021 and 2024, a 10.3% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 30331 in Atlanta, GA losing about 763 residents over the five-year window, down 1.2% on net. The renter share has eased from 50.2% to 46.8%, with owner-occupied housing accounting for the remainder. Taken together, the five-year picture in ZIP 30331 in Atlanta, 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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About renting in ZIP 30331

Last updated: October 17, 2026

ZIP code 30331 covers Atlanta, GA. The median rent here is $1,754/mo as of October 2026. A 1-bedroom rents for a median of $1,460/mo. A 2-bedroom rents for a median of $1,600/mo.

At 34% of local median household income ($62,623/yr), ZIP 30331 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 0.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 30331?

To keep rent at or below 30% of gross income, you would need to earn at least $70,000/year (about $34/hour full-time) to afford the median rent of $1,754/mo in ZIP 30331. The local median household income is $62,623/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 30331?

Rent in ZIP 30331 has been roughly flat over the past year as of September 2026, a -0.1% change. It sits 0.6% below its high of $1,765 in July 2025.

When is the cheapest time to rent in ZIP 30331?

Asking rents in ZIP 30331 are usually lowest in March, about 0.9% below their yearly trend, and highest in September, about 1% above it. At today's median that is a gap of roughly $33 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 30331?

Yes. From 2019 to 2024, rent in ZIP 30331 rose 42.5% while median household income rose 29.5%, from $48,347 to $62,623. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 30331 compare to other ZIPs in Georgia?

ZIP 30331 is in the middle among Georgia ZIP codes for rent, ranking #128 of 234 at $1,754/mo. Over the year to September 2026, rent in ZIP 30331 changed -0.1%, against a typical +2.4% across the 216 Georgia ZIP codes Zillow tracks.

How does ZIP 30331 compare to the rest of Atlanta?

At $1,754/mo, ZIP 30331 is $188 below the Atlanta citywide median of $1,942/mo. It is the 6th cheapest of 25 ZIP codes in Atlanta.
Income Affordability
34%
MODERATE

At $1,754/mo, rent takes ~34% of ZIP 30331's median household income ($62,623/yr). The standard benchmark is 30%.

ZIP 30331 34%Benchmark 30%
State income tax4.99%
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