Brookhaven, 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 Brookhaven, Georgia rental market.

Brookhaven, Georgia

Average Apartment Rent

$1,775

Y-o-Y Change in Average
Apartment Rent

-0.2%

As of November 2024

Compared to a year ago, Brookhaven, Georgia apartments have recorded a -0.2% rent decrease.

Brookhaven, Georgia Average apartment rent trend

Median Rent Nov 2021 Mar 2022 Jul 2022 Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024
Brookhaven $1,752 $1,761 $1,818 $1,847 $1,808 $1,801 $1,778 $1,757 $1,754 $1,775
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Brookhaven
National
Nov 2021
$1,752
$1,596
Mar 2022
$1,761
$1,635
Jul 2022
$1,818
$1,708
Nov 2022
$1,847
$1,726
Mar 2023
$1,808
$1,714
Jul 2023
$1,801
$1,739
Nov 2023
$1,778
$1,733
Mar 2024
$1,757
$1,727
Jul 2024
$1,754
$1,752
Nov 2024
$1,775
$1,748

Brookhaven, Georgia Average Apartment Rent

Brookhaven, Georgia Apartment rent ranges

Under $500
$500 - $700
$700 - $1000
$1,000 - $1,500
$1,500 - $2,000
Over $2,000

At 48.46%, apartments priced $1,500 - $2,000 represent the bulk of Brookhaven, Georgia rentals, while condos priced $700 - $1000 hold the lowest share of the market – 0.38%.

Brookhaven, Georgia Housing tenure**

Renter occupied housing units 11,068
Owner occupied housing units 13,301

Renters take up 45% of Brookhaven, Georgia real estate, occupying a total of 11,068 units, while homeowners live in 13,301 properties.

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

3.6

Renter median household income**

$67,957

Average household size of renter-occupied housing units**

2.11

Rental vacancy rate**

9.3%

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

No bedrooms 937
1 bed 4,086
2 beds 4,654
3 beds 1,203
4 beds 142

There are 4,654 rentals in Brookhaven, Georgia with 2 beds making up the highest share of the market, at 42%. Units with 4 beds, on the other hand, hold the lowest percentage (1%), amounting to 142 units. Overall, the median number of rooms in Brookhaven, Georgia homes for rent is 3.6.

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

15 - 24 years 1,345
25 - 34 years 4,336
35 - 44 years 1,872
45 - 54 years 1,186
55 - 59 years 589
60 - 64 years 605
65 - 74 years 840
75 - 84 years 148
85 years and over 147

Most condos for rent in Brookhaven, Georgia are occupied by residents in the 25 - 34 years age group (39%), followed by those in the 35 - 44 years age group (17%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 1%.

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

Family households 3,744
Non-Family Households 7,324

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

With related children of the householder under 18 1,843
No related children of the householder under 18 9,225

A total of 3,744 apartments for rent in Brookhaven, Georgia, or 34% of all rentals are family households. Additionally, 17% of rental homes include children under the age of 18 – that’s 1,843 units. All in all, the median size of a renter-occupied household in Brookhaven, Georgia is 2.11.

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

Less than high school graduate 1,080
High school graduate (including equivalency) 1,378
Some college or associate's degree 1,581
Bachelor's degree or higher 7,029

In terms of education, renters holding bachelor degrees or higher make up 64% of the rental market. In contrast, residents with less than a high school degree reside in 10% of the homes for rent in Brookhaven, Georgia.

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

Built 2020 or later 56
Built 2010 - 2019 2,311
Built 2000 - 2009 1,798
Built 1990 - 1999 2,081
Built 1980 - 1989 1,548
Built 1970 - 1979 1,533
Built 1960 - 1969 940
Built 1950 - 1959 532
Built 1940 - 1949 124
Built 1939 or earlier 145

The highest share of Brookhaven, Georgia apartment rentals, namely 21% or 2,311 units, were Built 2010 - 2019, followed by those Built 1990 - 1999 (19%, 2,081 units), and the ones Built 2000 - 2009 (16%, 1,798 units).

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

Moved in 2021 or later 1,275
Moved in 2018 to 2020 4,548
Moved in 2010 to 2017 4,697
Moved in 2000 to 2009 367
Moved in 1990 to 1999 136

Median year renter moved into unit 2018

Most Brookhaven, Georgia renters (42%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Brookhaven, Georgia condos for rent is 2018.

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

No vehicle available 1,751
1 vehicle available 6,205
2 vehicles available 2,621
3 or more vehicles available 491

When it comes to transportation options, 56% of Brookhaven, Georgia renters have 1 vehicle available per household, 24% of them have 2 vehicles available, and 16% have No vehicle available.

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

Car, truck, or van - drove alone 8,573
Car, truck, or van - carpooled 1,537
Public transportation (excluding taxicab) 1,148
Walked 159
Taxicab, motorcycle, bicycle, or other means 232
Worked at home 2,672

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

Same house as 1 year ago 17,061
Moved within same county 2,248
Moved from different county within same state 2,264
Moved from different state 1,065
Moved from abroad 285

Brookhaven, Georgia Average apartment rent by zip codes


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 Brookhaven, 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

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