The average monthly rent of apartments in Peachtree City, GA is $1,816.
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Rental prices in Peachtree City, GA have increased by 1.6% over the past year. The average rent moved from $1,788 to $1,816.
Compared to the national average rent of $1,741, the average rent in Peachtree City, GA is $1,816.
The average monthly rent of apartments in Peachtree City, GA is $1,816.
About 22% of apartment rents in Peachtree City, GA range between $2,001-$2,500. Meanwhile, apartments around $2,501-$3,000 represent 1% of apartments. Around 58% of Peachtree City’s apartments are in the $1,501-$2,000 price range. 18% of apartments are priced between $1,001-$1,500. A share of 1% of apartment rentals in Peachtree City are in the > $3,000 range.
The largest share of rentals in Peachtree City, GA (58%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Peachtree City, GA is $1,827.
In Peachtree City, 27% of the residents are renting compared to 73% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 21% of Peachtree City's rentals, 44% are small-scale complexes with under 50 units, and 34% are single-family rentals.
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Peachtree City are about 27 years old, on average. Of these, 40% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
Rental apartments in Peachtree City come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 33% of the total apartments in the city, while 2-bedroom floorplans represent around 49% of all rentals in Peachtree City. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.
Renting an apartment in Peachtree City is synonymous with calling home one of the best places to live in Georgia. This suburb of Atlanta attracts a growing number of new renters thanks to its mild and temperate climate year-round, high quality of life in beautiful surroundings, and tight-knit community. Peachtree City was built as a planned community in 1959, and the developers carefully incorporated an abundance of green spaces, four golf courses, three large lakes and 90 miles of multi-use paths so residents including renters could take advantage of the pleasant weather and escape the bustle of the city. Peachtree is a safe community so renter households including families can feel comfortable while enjoying the highly rated school and easy commute to Atlanta and its strong job market.
One of the perks of living in a rental apartment in Peachtree City is taking advantage of the many amenities while avoiding paying the high HOA fees needed to maintain this beautiful community. Renter households are the minority since most of the inhabitants own their home. The majority of housing is detached-single family homes used as primary residence, but you can also find properties for rent in condominium communities or in the newly developed apartment buildings. With high income and high desirability often come high rents, but rental fees in Peachtree City are on par with the rest of the Atlanta – Sandy Spring – Roswell Metro area, which are slightly higher than the national average.
Renting in Peachtree City means living in an affluent area, and grocery stores include natural and upscale-oriented chains such as Sprouts Farmer’s Market and the Fresh Market. Kroger and Publix also have several locations in town. Budget-conscious renters can shop at Aldi. Most stores are located within the center of town along route 54. However, Peachtree City was developed as a community of neighborhoods, each one including a small “downtown” area featuring small businesses so your rental apartment will likely have easy access to a convenience store and other retail venues. The largest open-air shopping mall is The Avenue Peachtree City, an outdoor lifestyle center concept that features not only shops and restaurants, but also acts as an event venue for the community, making it the perfect place to hang out if you want to meet new neighbors outside of your apartment community.
Most renters use their cars to move around Peachtree City as the town is not very walkable and has limited public transportation options. However, it offers a tight network of multi-use paths, which makes it easy for bikers. In addition, the town encourages the use of golf carts throughout the paved pathways. Therefore, lots of renters in Peachtree City prefer this fun and economic mode of transportation to head to the park, dinner or even run errands. An express commuter bus and rail system is available just outside of Peachtree City for renters who commute to Atlanta for work or fun, but there is currently no public transportation within the city limits. Therefore, it is a good idea to ensure that your rental apartment has room for parking since the town has easy to both Interstate 75 and 85. For air travel, Atlanta International Airport is located some 30 minutes away by car.
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