Georgia’s Most Expensive ZIP Codes This Fall – Alpharetta in the Lead, Closely Followed by Atlanta

Key Takeaways:

• Zip 30009 in Alpharetta wins the title for being most expensive, with an average rent of $2,223
• Atlanta leads with 23 zip codes out of the 50 priciest
• Only 6 zip codes out of the top 50 costliest have seen a price decrease since 2016
• 26 zip codes top the national average of $1,354

With residents paying on average a monthly rent of $1,121, Peach State surpasses its neighbors, South Carolina, Alabama and Tennessee in rent prices. It seems that Georgia has actually witnessed a 3.6% increase in the monthly rent since 2016 when the average was $1,082, according to Yardi Matrix. As other major rental markets have been cooling over the past year, Georgia rents are maintaining an upward trend, except for just a few zip codes.

Despite Georgia’s average rent being below the national average, The Empire State of the South definitely has its pricey zip codes, with 26 of them topping the national average of $1,354.

Here are Georgia’s top 50 costliest zip codes for renters. Use the following interactive table to look up your city or zip code. Click the header of each column or use the search box to filter results by zip code, city, country or average rent.

The Most Expensive ZIP Codes for Renters in Georgia

Most expensive zip codes are in Atlanta while the highest is found in Alpharetta

Considered one of the most expensive counties in the state, Fulton county is home to the top three priciest zip codes, with 30009 in Alpharetta and 30363 in Atlanta cashing in above $2,000 in average monthly rent, followed by Atlanta’s 30326, coming in at $1,861. It’s actually unexpected to see that Alpharetta is ahead of Atlanta in terms of rents.

On the other hand, we found that a sizable chunk of zip codes with a high-price tag is in Atlanta, more precisely, 23 out of 50 and 4 are in Alpharetta.

Boasting an average rent of $2,223, zip 30009 in Alpharetta is crowned as the #1 costliest zip code in Georgia, with residents paying more than any other neighbor in the state. Its average rent, despite seeing a 1.64% decrease year-over-year, is more than double the state average and about $1,000 more than the national average. 30009 is one of the lucky 6 to have had a decrease in monthly rent while all the other zip codes witnessed increases, some as high as 13.7%.

#2 on our list is 30363 in Atlanta where the monthly average rent is about $2,059, also well above the national average. This is partially because of supply and demand, seeing that the number of units virtually flatlined since 2016, with no increase in apartment construction in the popular Atlantic Station neighborhood. As a result, it prompted the average rent to increase by 3.16% year-over-year.

The #3 priciest zip code in the state is 30326 in Atlanta. Renting an apartment around here will fetch landlords an average amount of $1,861 a month. Home to some of the priciest rentals in Atlanta, 30326 boasts rents as high as $2,451 at Berkshire Terminus, $4,275 at Post Alexander and a shocking $6,520 for a 3 bedroom apartment at the luxurious SkyHouse Buckhead.

East Atlanta zip codes witness booming construction and the highest increase in monthly rent

Renting in the 30309, 30306, 30308 cluster in Atlanta does not come cheap, with apartments going for over $1,700 a month. The 5^th, 6^th and 7^th costliest zip codes are a favorite among renters, especially because they house some of the top employers in the state such as Delta Airlines, Walmart or The Home Depot.

Moreover, apartment construction is booming in zip 30309 with almost 2,357 new units built since 2016 – a whopping 34.8% y-o-y increase, in line with construction across the country, which is at its highest level in 20 years.

Meanwhile, the highest increase in monthly rent among the 50 costliest zips was recorded in zip 30316 in Atlanta (#41 on our list). The average rent here saw an increase of 11.1%, jumping from an average of $1,054 to $1,171. This is mostly due to the area’s emerging popularity among millennials, with art galleries, hip restaurants and diverse music scene.

Want to know the priciest zips in the rest of the country? Just move your cursor over any state or hover over the price bar to see which states are in the same price range.

Methodology

• Data compilation, analysis, and mapping done by RentCafe using rent and construction data provided by Yardi Matrix, a RentCafe sister company.
• The average rent figures in this article were calculated from the actual rents charged in apartment buildings with at least 50 rental units, located in 125 U.S. markets, totaling approximately 15 million apartment units.
• ZIP codes with less than 200 rental units and less than 3 properties were excluded from the calculations.
• Rent prices are for apartments only, no single-family homes or townhomes were included.