Augusta, 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 Augusta, Georgia rental market.

Augusta, Georgia

Average Apartment Rent

$1,242

Y-o-Y Change in Average
Apartment Rent

0.9%

As of May 2026

Compared to a year ago, Augusta, Georgia apartments have recorded a 0.9% rent increase.

Augusta, 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
Augusta $1,169 $1,156 $1,147 $1,188 $1,209 $1,222 $1,233 $1,223 $1,226
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Augusta
National
Jul 2023
$1,169
$1,741
Nov 2023
$1,156
$1,732
Mar 2024
$1,147
$1,736
Jul 2024
$1,188
$1,756
Nov 2024
$1,209
$1,749
Mar 2025
$1,222
$1,755
Jul 2025
$1,233
$1,767
Nov 2025
$1,223
$1,753
Mar 2026
$1,226
$1,750

Augusta, Georgia Average Apartment Rent

Augusta, 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 58.84%, apartments priced $1,000 - $1,500 represent the bulk of Augusta, Georgia rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 0.46%.

Augusta, Georgia Housing tenure**

Renter occupied housing units 35,542
Owner occupied housing units 36,968

Renters take up 49% of Augusta, Georgia real estate, occupying a total of 35,542 units, while homeowners live in 36,968 properties.

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

4.6

Renter median household income**

$32,562

Average household size of renter-occupied housing units**

2.56

Rental vacancy rate**

11.5%

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

No bedrooms 883
1 bed 6,042
2 beds 15,104
3 beds 9,937
4 beds 3,276
5 or more beds 300

There are 15,104 rentals in Augusta, Georgia with 2 beds making up the highest share of the market, at 42%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 300 units. Overall, the median number of rooms in Augusta, Georgia homes for rent is 4.6.

Augusta, Georgia Renter-occupied units by age of householder**

15 - 24 years 2,176
25 - 34 years 10,539
35 - 44 years 7,520
45 - 54 years 5,413
55 - 59 years 2,281
60 - 64 years 2,692
65 - 74 years 3,597
75 - 84 years 1,010
85 years and over 314

Most condos for rent in Augusta, Georgia are occupied by residents in the 25 - 34 years age group (30%), followed by those in the 35 - 44 years age group (21%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

Augusta, Georgia Renter-occupied housing units by family type**

Family households 17,841
Non-Family Households 17,701

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

With related children of the householder under 18 12,129
No related children of the householder under 18 23,413

A total of 17,841 apartments for rent in Augusta, Georgia, or 50% of all rentals are family households. Additionally, 34% of rental homes include children under the age of 18 – that’s 12,129 units. All in all, the median size of a renter-occupied household in Augusta, Georgia is 2.56.

Augusta, Georgia Renter-occupied housing units by educational attainment**

Less than high school graduate 5,262
High school graduate (including equivalency) 10,419
Some college or associate's degree 12,222
Bachelor's degree or higher 7,639

In terms of education, renters holding bachelor degrees or higher make up 21% of the rental market. In contrast, residents with less than a high school degree reside in 15% of the homes for rent in Augusta, Georgia.

Augusta, Georgia Renter-occupied units by year structure built**

Built 2020 or later 476
Built 2010 - 2019 3,768
Built 2000 - 2009 2,543
Built 1990 - 1999 4,560
Built 1980 - 1989 6,019
Built 1970 - 1979 5,651
Built 1960 - 1969 4,676
Built 1950 - 1959 3,426
Built 1940 - 1949 1,458
Built 1939 or earlier 2,965

The highest share of Augusta, Georgia apartment rentals, namely 17% or 6,019 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (16%, 5,651 units), and the ones Built 1960 - 1969 (13%, 4,676 units).

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

Moved in 2021 or later 3,453
Moved in 2018 to 2020 13,127
Moved in 2010 to 2017 14,905
Moved in 2000 to 2009 2,481
Moved in 1990 to 1999 1,088
Moved in 1989 or earlier 488

Median year renter moved into unit 2017

Most Augusta, Georgia renters (42%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Augusta, Georgia condos for rent is 2017.

Augusta, Georgia Renter-occupied housing units by vehicles available**

No vehicle available 6,161
1 vehicle available 19,145
2 vehicles available 7,405
3 vehicles available 1,966
4 or more vehicles available 865

When it comes to transportation options, 54% of Augusta, Georgia renters have 1 vehicle available per household, 21% of them have 2 vehicles available, and 17% have No vehicle available.

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

Car, truck, or van - drove alone 29,385
Car, truck, or van - carpooled 2,584
Public transportation (excluding taxicab) 638
Walked 525
Taxicab, motorcycle, bicycle, or other means 2,504
Worked at home 1,890

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

Same house as 1 year ago 72,501
Moved within same county 8,089
Moved from different county within same state 3,512
Moved from different state 4,918
Moved from abroad 497

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 Augusta, 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 Augusta, Georgia