Preston Mill
140 Jefferson Pky,
Newnan, GA 30263
1-3 Beds | $1,409 - 2,732
Rental Market Trends in Newnan, GA
What is the average rent in Newnan, GA?
$1,460/month
Average Rent
818 Sq Ft
Average Apartment Size
+2.1%
Increase in the Last Year
As of November 2024, the average rent in Newnan, GA is $1,460 per month. For comparison, the national average rent price in the US is currently $1,559/month, which means Newnan rent prices are 6% lower than the national average. When you rent an apartment in Newnan, you can expect to pay about $1,406 per month for a studio, $1,460 for a one-bedroom apartment, and around $1,599 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,969 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Newnan, GA?
In the past year, rent has increased by 2.1%, which averages out to $31 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated November 2024
Legend
2023
2024
Rent Ranges in Newnan, GA
Last Updated November 2024
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
3%
Below $700/month
9%
$700 - $1,000/month
24%
$1,001 - $1,500/month
58%
$1,501 - $2,000/month
6%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Newnan?
Based on current rent prices, College Temple, Stillwood and Downtown Newnan are the most affordable neighborhoods in Newnan.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Newnan?
Based on current rent prices, Downtown Newnan, Stillwood and College Temple are the most expensive neighborhoods in Newnan.
Neighborhood
Average Rent
Average Sq Ft
Which Newnan neighborhoods have the most rentals available?
The neighborhoods in Newnan with the most apartments available are Downtown Newnan, Stillwood and College Temple .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Newnan, GA?
Because the average rent in Newnan is $1,460, you’ll want to make about $4,866 per month or $58,392 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Newnan, GA compare to other nearby cities and neighborhoods?
Use the tool below to compare Newnan, GA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
-
One Bedroom
-
$1,377/month
Two Bedroom
-
$1,418/month
Three Bedroom
$721/month
$1,848/month
Nearby City Rent Trends
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RangeWater
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Continental Properties Company
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.