Starting at $1,182 Per Month
- 1 - 3 Beds
4039 W Village Pkwy, Ellenwood, GA 30294
Welcome home to Fairview Terrace!
Fairview Terrace
(770) 629-0694
Frequently Asked Questions
How much does it cost to rent a home in Ellenwood, GA?
The median rent for a home in Ellenwood, GA is $1,940 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Ellenwood, GA?
To comfortably afford the median rent in Ellenwood, GA, a household needs to earn roughly $77,600 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,940 per month in Ellenwood, GA, renters typically need to show $5,820 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Ellenwood, GA?
In Ellenwood, GA, the price-to-rent ratio is 12.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Ellenwood, GA are best for renting a home?
The best neighborhood for renting in Ellenwood, GA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Southwest DeKalb, Gresham Park, South River Gardens, Parker and Leila Valley, each with its own character and price range.
