East Point, Georgia Rental Market Trends
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 East Point, Georgia rental market.
East Point, Georgia
Average Apartment Rent in March 2022
$1,243
Y-o-Y Change in Average
Apartment Rent
17.4%
Compared to a year ago, East Point, Georgia apartments have recorded a 17.4% rent increase.
East Point, Georgia |Average apartment rent trend
East Point, Georgia| Average apartment rent
East Point, Georgia | Apartment rent ranges
At 53.27%, apartments priced $1,000 - $1,500 represent the bulk of East Point, Georgia rentals, while condos priced Over $2,000 hold the lowest share of the market – 2.06%.
East Point, Georgia | Housing tenure**
Renters take up 60% of East Point, Georgia real estate, occupying a total of 8,495 units, while homeowners live in 5,721 properties.
Median number of rooms of renter-occupied housing units**
4.5
Renter median household income**
$36,450
Average household size of renter-occupied housing units**
2.33
Rental vacancy rate**
10.8%
East Point, Georgia | Renter-occupied housing units by no. of bedrooms**
There are 4,131 rentals in East Point, Georgia with 2 beds making up the highest share of the market, at 49%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 66 units. Overall, the median number of rooms in East Point, Georgia homes for rent is 4.5.
East Point, Georgia |Renter-occupied units by age of householder**
Most condos for rent in East Point, Georgia are occupied by residents in the 25 - 34 years age group (29%), followed by those in the 35 - 44 years age group (25%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
East Point, Georgia | Renter-occupied housing units by family type**
East Point, Georgia | Renter-occupied housing units by the presence of own children**
A total of 3,621 apartments for rent in East Point, Georgia, or 43% of all rentals are family households. Additionally, 27% of rental homes include children under the age of 18 – that’s 2,321 units. All in all, the median size of a renter-occupied household in East Point, Georgia is 2.33.
East Point, Georgia | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 29% of the rental market. In contrast, residents with less than a high school degree reside in 10% of the homes for rent in East Point, Georgia.
East Point, Georgia | Renter-occupied units by year structure built**
The highest share of East Point, Georgia apartment rentals, namely 21% or 1,800 units, were Built 2000 - 2009, followed by those Built 1970 - 1979 (17%, 1,435 units), and the ones Built 1960 - 1969 (13%, 1,128 units).
East Point, Georgia | Renter-occupied units by year householder moved in**
Median year renter moved into unit2015
Most East Point, Georgia renters (34%) moved in 2010 to 2014, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their East Point, Georgia condos for rent is 2015.
East Point, Georgia | Renter-occupied housing units by vehicles available**
When it comes to transportation options, 58% of East Point, Georgia renters have 1 vehicle available per household, 21% of them have No vehicle available, and 16% have 2 vehicles available.
East Point, Georgia | Means of transportation to work of householders living in renter-occupied housing units**
East Point, Georgia |Geographical mobility in the past year for householders living in renter-occupied housing units**
East Point, 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 East Point, 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, 2019 American Community Survey 5-Year Estimates
