Norcross, 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 Norcross, Georgia rental market.

Norcross, Georgia

Average Apartment Rent

$1,445

Y-o-Y Change in Average
Apartment Rent

-4.8%

As of March 2026

Compared to a year ago, Norcross, Georgia apartments have recorded a -4.8% rent decrease.

Norcross, 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
Norcross $1,563 $1,534 $1,538 $1,535 $1,527 $1,517 $1,504 $1,487 $1,445
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Norcross
National
Jul 2023
$1,563
$1,735
Nov 2023
$1,534
$1,724
Mar 2024
$1,538
$1,729
Jul 2024
$1,535
$1,750
Nov 2024
$1,527
$1,743
Mar 2025
$1,517
$1,749
Jul 2025
$1,504
$1,763
Nov 2025
$1,487
$1,749
Mar 2026
$1,445
$1,750

Norcross, Georgia Average Apartment Rent

Norcross, 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 57.49%, apartments priced $1,000 - $1,500 represent the bulk of Norcross, Georgia rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 0.12%.

Norcross, Georgia Housing tenure**

Renter occupied housing units 2,816
Owner occupied housing units 3,672

Renters take up 43% of Norcross, Georgia real estate, occupying a total of 2,816 units, while homeowners live in 3,672 properties.

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

4.5

Renter median household income**

$48,008

Average household size of renter-occupied housing units**

2.69

Rental vacancy rate**

2.4%

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

No bedrooms 175
1 bed 330
2 beds 962
3 beds 1,064
4 beds 285

There are 1,064 rentals in Norcross, Georgia with 3 beds making up the highest share of the market, at 38%. Units with No bedrooms, on the other hand, hold the lowest percentage (6%), amounting to 175 units. Overall, the median number of rooms in Norcross, Georgia homes for rent is 4.5.

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

15 - 24 years 182
25 - 34 years 969
35 - 44 years 900
45 - 54 years 493
55 - 59 years 49
60 - 64 years 41
65 - 74 years 45
75 - 84 years 137

Most condos for rent in Norcross, Georgia are occupied by residents in the 25 - 34 years age group (34%), followed by those in the 35 - 44 years age group (32%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 1%.

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

Family households 1,639
Non-Family Households 1,177

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

With related children of the householder under 18 1,120
No related children of the householder under 18 1,696

A total of 1,639 apartments for rent in Norcross, Georgia, or 58% of all rentals are family households. Additionally, 40% of rental homes include children under the age of 18 – that’s 1,120 units. All in all, the median size of a renter-occupied household in Norcross, Georgia is 2.69.

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

Less than high school graduate 757
High school graduate (including equivalency) 497
Some college or associate's degree 756
Bachelor's degree or higher 806

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 27% of the homes for rent in Norcross, Georgia.

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

Built 2020 or later 65
Built 2010 - 2019 134
Built 2000 - 2009 298
Built 1990 - 1999 912
Built 1980 - 1989 1,001
Built 1970 - 1979 244
Built 1960 - 1969 86
Built 1939 or earlier 60

The highest share of Norcross, Georgia apartment rentals, namely 36% or 1,001 units, were Built 1980 - 1989, followed by those Built 1990 - 1999 (32%, 912 units), and the ones Built 2000 - 2009 (11%, 298 units).

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

Moved in 2021 or later 201
Moved in 2018 to 2020 788
Moved in 2010 to 2017 1,723
Moved in 2000 to 2009 84
Moved in 1990 to 1999 20

Median year renter moved into unit 2016

Most Norcross, Georgia renters (61%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Norcross, Georgia condos for rent is 2016.

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

No vehicle available 211
1 vehicle available 1,668
2 vehicles available 732
3 or more vehicles available 205

When it comes to transportation options, 59% of Norcross, Georgia renters have 1 vehicle available per household, 26% of them have 2 vehicles available, and 7% have No vehicle available.

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

Car, truck, or van - drove alone 2,461
Car, truck, or van - carpooled 796
Walked 45
Taxicab, motorcycle, bicycle, or other means 95
Worked at home 381

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

Same house as 1 year ago 6,843
Moved within same county 111
Moved from different county within same state 217
Moved from different state 314
Moved from abroad 47

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 Norcross, 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 Norcross, Georgia