Oakwood, 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 Oakwood, Georgia rental market.

Oakwood, Georgia

Average Apartment Rent

$1,606

Y-o-Y Change in Average
Apartment Rent

0.2%

As of May 2026

Compared to a year ago, Oakwood, Georgia apartments have recorded a 0.2% rent increase.

Oakwood, 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
Oakwood $1,665 $1,668 $1,661 $1,680 $1,636 $1,661 $1,548 $1,545 $1,616
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Oakwood
National
Jul 2023
$1,665
$1,741
Nov 2023
$1,668
$1,732
Mar 2024
$1,661
$1,736
Jul 2024
$1,680
$1,756
Nov 2024
$1,636
$1,749
Mar 2025
$1,661
$1,755
Jul 2025
$1,548
$1,767
Nov 2025
$1,545
$1,753
Mar 2026
$1,616
$1,750

Oakwood, Georgia Average Apartment Rent

Oakwood, 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 50.9%, apartments priced $1,500 - $2,000 represent the bulk of Oakwood, Georgia rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 7.57%.

Oakwood, Georgia Housing tenure**

Renter occupied housing units 1,164
Owner occupied housing units 787

Renters take up 60% of Oakwood, Georgia real estate, occupying a total of 1,164 units, while homeowners live in 787 properties.

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

4

Renter median household income**

$52,500

Average household size of renter-occupied housing units**

2.28

Rental vacancy rate**

7%

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

No bedrooms 19
1 bed 162
2 beds 794
3 beds 161
5 or more beds 28

There are 794 rentals in Oakwood, Georgia with 2 beds making up the highest share of the market, at 68%. Units with No bedrooms, on the other hand, hold the lowest percentage (2%), amounting to 19 units. Overall, the median number of rooms in Oakwood, Georgia homes for rent is 4.

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

15 - 24 years 111
25 - 34 years 358
35 - 44 years 291
45 - 54 years 144
55 - 59 years 32
60 - 64 years 76
65 - 74 years 100
75 - 84 years 20
85 years and over 32

Most condos for rent in Oakwood, Georgia are occupied by residents in the 25 - 34 years age group (31%), followed by those in the 35 - 44 years age group (25%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 2%.

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

Family households 562
Non-Family Households 602

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

With related children of the householder under 18 387
No related children of the householder under 18 777

A total of 562 apartments for rent in Oakwood, Georgia, or 48% of all rentals are family households. Additionally, 33% of rental homes include children under the age of 18 – that’s 387 units. All in all, the median size of a renter-occupied household in Oakwood, Georgia is 2.28.

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

Less than high school graduate 195
High school graduate (including equivalency) 189
Some college or associate's degree 506
Bachelor's degree or higher 274

In terms of education, renters holding bachelor degrees or higher make up 24% of the rental market. In contrast, residents with less than a high school degree reside in 17% of the homes for rent in Oakwood, Georgia.

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

Built 2020 or later 15
Built 2010 - 2019 256
Built 2000 - 2009 276
Built 1990 - 1999 275
Built 1980 - 1989 262
Built 1970 - 1979 65
Built 1960 - 1969 15

The highest share of Oakwood, Georgia apartment rentals, namely 24% or 276 units, were Built 2000 - 2009, followed by those Built 1990 - 1999 (24%, 275 units), and the ones Built 1980 - 1989 (23%, 262 units).

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

Moved in 2021 or later 131
Moved in 2018 to 2020 597
Moved in 2010 to 2017 403
Moved in 2000 to 2009 6
Moved in 1990 to 1999 27

Median year renter moved into unit 2019

Most Oakwood, Georgia renters (51%) moved in 2018 to 2020, while only 1% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Oakwood, Georgia condos for rent is 2019.

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

No vehicle available 246
1 vehicle available 522
2 vehicles available 272
3 or more vehicles available 124

When it comes to transportation options, 45% of Oakwood, Georgia renters have 1 vehicle available per household, 23% of them have 2 vehicles available, and 21% have No vehicle available.

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

Car, truck, or van - drove alone 1,183
Car, truck, or van - carpooled 128
Taxicab, motorcycle, bicycle, or other means 16
Worked at home 106

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

Same house as 1 year ago 1,669
Moved within same county 464
Moved from different county within same state 274
Moved from different state 109
Moved from abroad 23

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 Oakwood, 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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