Suwanee, 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 Suwanee, Georgia rental market.

Suwanee, Georgia

Average Apartment Rent

$1,811

Y-o-Y Change in Average
Apartment Rent

-3.3%

As of May 2026

Compared to a year ago, Suwanee, Georgia apartments have recorded a -3.3% rent decrease.

Suwanee, 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
Suwanee $1,940 $1,925 $1,920 $1,914 $1,858 $1,881 $1,889 $1,838 $1,798
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Suwanee
National
Jul 2023
$1,940
$1,741
Nov 2023
$1,925
$1,732
Mar 2024
$1,920
$1,736
Jul 2024
$1,914
$1,756
Nov 2024
$1,858
$1,749
Mar 2025
$1,881
$1,755
Jul 2025
$1,889
$1,767
Nov 2025
$1,838
$1,753
Mar 2026
$1,798
$1,750

Suwanee, Georgia Average Apartment Rent

Suwanee, 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 66.5%, apartments priced $1,500 - $2,000 represent the bulk of Suwanee, Georgia rentals, while condos priced Over $3,000 hold the lowest share of the market – 1%.

Suwanee, Georgia Housing tenure**

Renter occupied housing units 2,838
Owner occupied housing units 5,009

Renters take up 36% of Suwanee, Georgia real estate, occupying a total of 2,838 units, while homeowners live in 5,009 properties.

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

4.2

Renter median household income**

$76,307

Average household size of renter-occupied housing units**

2.14

Rental vacancy rate**

5%

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

No bedrooms 21
1 bed 850
2 beds 1,329
3 beds 414
4 beds 145
5 or more beds 79

There are 1,329 rentals in Suwanee, Georgia with 2 beds making up the highest share of the market, at 47%. Units with No bedrooms, on the other hand, hold the lowest percentage (1%), amounting to 21 units. Overall, the median number of rooms in Suwanee, Georgia homes for rent is 4.2.

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

15 - 24 years 416
25 - 34 years 647
35 - 44 years 673
45 - 54 years 840
55 - 59 years 136
60 - 64 years 35
65 - 74 years 29
75 - 84 years 62

Most condos for rent in Suwanee, Georgia are occupied by residents in the 45 - 54 years age group (30%), followed by those in the 35 - 44 years age group (24%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 1%.

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

Family households 1,272
Non-Family Households 1,566

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

With related children of the householder under 18 871
No related children of the householder under 18 1,967

A total of 1,272 apartments for rent in Suwanee, Georgia, or 45% of all rentals are family households. Additionally, 31% of rental homes include children under the age of 18 – that’s 871 units. All in all, the median size of a renter-occupied household in Suwanee, Georgia is 2.14.

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

Less than high school graduate 19
High school graduate (including equivalency) 241
Some college or associate's degree 898
Bachelor's degree or higher 1,680

In terms of education, renters holding bachelor degrees or higher make up 59% of the rental market. In contrast, residents with less than a high school degree reside in 1% of the homes for rent in Suwanee, Georgia.

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

Built 2020 or later 181
Built 2010 - 2019 576
Built 2000 - 2009 866
Built 1990 - 1999 991
Built 1980 - 1989 154
Built 1970 - 1979 54
Built 1940 - 1949 16

The highest share of Suwanee, Georgia apartment rentals, namely 35% or 991 units, were Built 1990 - 1999, followed by those Built 2000 - 2009 (31%, 866 units), and the ones Built 2010 - 2019 (20%, 576 units).

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

Moved in 2021 or later 365
Moved in 2018 to 2020 1,358
Moved in 2010 to 2017 1,021
Moved in 2000 to 2009 94

Median year renter moved into unit 2019

Most Suwanee, Georgia renters (48%) moved in 2018 to 2020, while only 3% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Suwanee, Georgia condos for rent is 2019.

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

1 vehicle available 1,714
2 vehicles available 923
3 vehicles available 138
4 or more vehicles available 50

When it comes to transportation options, 60% of Suwanee, Georgia renters have 1 vehicle available per household, 33% of them have 2 vehicles available, and 5% have 3 vehicles available.

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

Car, truck, or van - drove alone 2,511
Car, truck, or van - carpooled 543
Taxicab, motorcycle, bicycle, or other means 22
Worked at home 898

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

Same house as 1 year ago 4,293
Moved within same county 556
Moved from different county within same state 583
Moved from different state 208
Moved from abroad 368

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 Suwanee, 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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