States › Georgia › Gresham Park

Is Gresham Park, GA expensive to live in?

OKRent takes 25 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,6228% lower than U.S. average
💵 Families earn per year (2026)$76,619about $6,385/month · 12% lower than U.S. average
🔑 House price$297,80010% lower than U.S. average

Rent is lower than in 51% of U.S. cities. A typical house costs about 3.9 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $64,880 a year. That is $31 an hour at a full-time job.

Is rent cheaper than other Georgia cities?

Yes. Rent here is cheaper than in most of Georgia. It is number 79 of 168 cities from cheapest to most expensive.

Gresham Park
$1,622
LaFayette
$1,021
Whitemarsh Island
$2,241
Thomson
$1,667
Hapeville
$1,942
Stone Mountain
$1,856
Dahlonega
$1,773

How much do households earn in Gresham Park?

Under $25k
15.6%
$25k–50k
24.1%
$50k–100k
33.0%
$100k–150k
9.1%
$150k+
12.5%

Share of households by yearly income. 21.7% of households earn $100,000 or more.

Rent by apartment size in Gresham Park

SizeGresham ParkU.S. average
2 bedrooms$1,543$1,509
3 bedrooms$1,699$1,698
4 bedrooms$2,656$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Gresham Park overall?

Everyday prices in Georgia overall are 4% below the U.S. average (index 96.3, U.S. = 100).

Housing
89
Goods (food, clothes…)
99
Utilities
93
Other services
97
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Gresham Park, so the Georgia figure is shown.

Taxes and bills in Gresham Park

🏛️ Property tax$2,542a year · 0.85% of home value · U.S. $3,119
⚡ Electric bill$136a month (typical) · U.S. $156

Life in Gresham Park

Commute to work29.4 minU.S.: 26.4 min
College degree38.4%U.S.: 35.7%
Own their home65.7%U.S.: 65.2%
Below poverty line19.5%U.S.: 12.5%
Unemployment5.8%U.S.: 5.2%

Is it cheaper to rent or buy in Gresham Park?

Renting is cheaper right now: about $444 a month less.

Renting
$1,622
Owning
$2,066

Owning assumes a typical $297,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $29,780 for the down payment.

Frequently asked questions

What is the average rent in Gresham Park, GA?

Renting in Gresham Park costs a median of about $1,622 a month in 2026, including utilities. The Georgia median is $1,667.

How much do I need to make to live in Gresham Park?

To keep rent under 30% of income, you need about $64,880 a year, or $31 an hour at a full-time job.

Is Gresham Park cheap or expensive?

Gresham Park is rated OK: rent takes 25.4% of the typical household income of $76,619. It ranks 79th cheapest of 168 Georgia cities we track.

How much are property taxes in Gresham Park?

The median homeowner in Gresham Park pays $2,542 a year in property taxes, about 0.85% of the median home value.

Is Gresham Park more expensive than the national average?

Overall prices in Georgia are 4% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Gresham Park?

The median home value in Gresham Park is $297,800, about 3.9 times the typical yearly household income.

6,935 people live in Gresham Park. Numbers are typical (middle) values.