RentData

Average Rent in Rome, GA Rents rising 8.5% YoY🔺 11th priciest in GA

HUD FY2025 · Official government data · Updated annually · Metro pop. 98,985

Data review: HUD FY2025Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Rome, GA has rental prices ranging from $830/month to $1,732/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $906/month — 35% below the national average of $1,400/month. With a median household income of $62,540/year, spending $906/month on a 1-bedroom represents 17% of gross income — within the recommended 30% threshold.

How Rome Compares

With an average 2-bedroom rent of $1,189/month, Rome ranks #11 most expensive of the 114 cities tracked in Georgia — pricier than 81% of all US cities in our data.

The Rome Rental Market

The Rome, GA area has a population of about 98,985 and 38% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Rome, GA have risen by $93/month (8.5%) over the past year, from $1,096 to $1,189. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.

Affordability

To afford a 1-bedroom apartment in Rome, GA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $36,240. The local median household income of $62,540 exceeds that threshold by $26,300, making Rome relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Rome, GA is $233,418, giving a price-to-rent ratio of 16.4. With a break-even horizon of approximately 16 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.

Fair Market Rents

HUD FY2025
Studio
$830
Affordable
1 Bedroom
$906
Affordable
2 Bedrooms
$1,189
8.5% YoY
Affordable
3 Bedrooms
$1,499
Affordable
4 Bedrooms
$1,732
Average
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Median Home Value
$233,418
Source: Zillow ZHVI
Est. monthly payment
$1,242/mo
20% down · 30yr · 7%

Is Rome, GA Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$47,560/year
Local median income: $62,540
To buy a median home
$49,694/year
US national median: $75,000
💡 Based on a 2BR rent of $1,189/month and 20% down on a $233,418 home at 7% rate.

Nearby Cities in GAlargest metros in the state

CityStudio1BR2BR3BRHome Value
Atlanta$1,591$1,653$1,830$2,205
Augusta$868$1,039$1,175$1,545
Chattanooga$1,231$1,284$1,426$1,796
Savannah$1,324$1,431$1,584$2,131
Talbot County$723$767$905$1,268
Stewart County$770$817$964$1,161

Rent or Buy in Rome?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Rome data

$
Home Value
$233,418
2BR Rent
$1,189/mo
Mortgage Rate
7%
Monthly P&I
$1,242/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $1,719/movs rent: $1,189/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Mortgage Calculator

Estimate monthly payment for $233,418 home at 7% rate

20% — $46,684
3%50%
Estimated Monthly Payment
$1,242
per month · 30 years · 7% APR
Loan Amount
$186,734
Total Paid
$447,246
Total Interest
$260,512
Estimated only. Excludes taxes, insurance, HOA. Rate from FRED.

Living in Rome

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Frequently Asked Questions

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🏘️Neighborhoods in Rome

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⚖️Rent vs Buy in Rome

Is it cheaper to rent or buy here?

💵Rent Affordability in Rome

Salary needed to afford rent here

🗺️All Cities in GA

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⚖️Compare Rome

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📋GA Tenant Rights

Deposit limits, eviction laws & renters protections