Alpharetta City, Georgia Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Alpharetta City, Georgia rental market.

Alpharetta City, Georgia

Average Apartment Rent

$2,010

Y-o-Y Change in Average
Apartment Rent

-1.5%

As of March 2026

Compared to a year ago, Alpharetta City, Georgia apartments have recorded a -1.5% rent decrease.

Alpharetta City, Georgia Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Alpharetta $2,123 $2,068 $2,047 $2,078 $2,043 $2,044 $2,094 $2,048 $2,010
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Alpharetta
National
Jul 2023
$2,123
$1,735
Nov 2023
$2,068
$1,724
Mar 2024
$2,047
$1,729
Jul 2024
$2,078
$1,750
Nov 2024
$2,043
$1,743
Mar 2025
$2,044
$1,749
Jul 2025
$2,094
$1,763
Nov 2025
$2,048
$1,749
Mar 2026
$2,010
$1,750

Alpharetta City, Georgia Average Apartment Rent

Alpharetta City, Georgia Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 58.07%, apartments priced $1,500 - $2,000 represent the bulk of Alpharetta City, Georgia rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 3.27%.

Alpharetta City, Georgia Housing tenure**

Renter occupied housing units 7,893
Owner occupied housing units 16,200

Renters take up 33% of Alpharetta City, Georgia real estate, occupying a total of 7,893 units, while homeowners live in 16,200 properties.

Median number of rooms of renter-occupied housing units**

3.8

Renter median household income**

$76,823

Average household size of renter-occupied housing units**

2.37

Rental vacancy rate**

6.8%

Alpharetta City, Georgia Renter-occupied housing units by no. of bedrooms**

No bedrooms 482
1 bed 2,594
2 beds 3,505
3 beds 791
4 beds 436
5 or more beds 85

There are 3,505 rentals in Alpharetta City, Georgia with 2 beds making up the highest share of the market, at 44%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 85 units. Overall, the median number of rooms in Alpharetta City, Georgia homes for rent is 3.8.

Alpharetta City, Georgia Renter-occupied units by age of householder**

15 - 24 years 319
25 - 34 years 1,630
35 - 44 years 2,109
45 - 54 years 1,314
55 - 59 years 571
60 - 64 years 493
65 - 74 years 422
75 - 84 years 457
85 years and over 578

Most condos for rent in Alpharetta City, Georgia are occupied by residents in the 35 - 44 years age group (27%), followed by those in the 25 - 34 years age group (21%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 4%.

Alpharetta City, Georgia Renter-occupied housing units by family type**

Family households 4,375
Non-Family Households 3,518

Alpharetta City, Georgia Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 2,711
No related children of the householder under 18 5,182

A total of 4,375 apartments for rent in Alpharetta City, Georgia, or 55% of all rentals are family households. Additionally, 34% of rental homes include children under the age of 18 – that’s 2,711 units. All in all, the median size of a renter-occupied household in Alpharetta City, Georgia is 2.37.

Alpharetta City, Georgia Renter-occupied housing units by educational attainment**

Less than high school graduate 425
High school graduate (including equivalency) 719
Some college or associate's degree 1,538
Bachelor's degree or higher 5,211

In terms of education, renters holding bachelor degrees or higher make up 66% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in Alpharetta City, Georgia.

Alpharetta City, Georgia Renter-occupied units by year structure built**

Built 2010 - 2019 1,230
Built 2000 - 2009 1,630
Built 1990 - 1999 2,541
Built 1980 - 1989 1,383
Built 1970 - 1979 567
Built 1960 - 1969 390
Built 1940 - 1949 51
Built 1939 or earlier 75

The highest share of Alpharetta City, Georgia apartment rentals, namely 32% or 2,541 units, were Built 1990 - 1999, followed by those Built 2000 - 2009 (21%, 1,630 units), and the ones Built 1980 - 1989 (18%, 1,383 units).

Alpharetta City, Georgia Renter-occupied units by year householder moved in**

Moved in 2021 or later 1,037
Moved in 2018 to 2020 3,311
Moved in 2010 to 2017 3,090
Moved in 2000 to 2009 384

Median year renter moved into unit 2018

Most Alpharetta City, Georgia renters (42%) moved in 2018 to 2020, while only 5% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Alpharetta City, Georgia condos for rent is 2018.

Alpharetta City, Georgia Renter-occupied housing units by vehicles available**

No vehicle available 1,489
1 vehicle available 3,712
2 vehicles available 2,329
3 or more vehicles available 363

When it comes to transportation options, 47% of Alpharetta City, Georgia renters have 1 vehicle available per household, 30% of them have 2 vehicles available, and 19% have No vehicle available.

Alpharetta City, Georgia Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 5,268
Car, truck, or van - carpooled 728
Public transportation (excluding taxicab) 232
Walked 271
Taxicab, motorcycle, bicycle, or other means 217
Worked at home 2,246

Alpharetta City, Georgia Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 12,433
Moved within same county 2,772
Moved from different county within same state 1,217
Moved from different state 1,318
Moved from abroad 612

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Alpharetta City, Georgia apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

Check out rentals available in Alpharetta City, Georgia