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About the Atlanta Real Estate Market

The real estate market in Atlanta is thriving, with median home sales prices up 20.3% (April 2021 vs April 2022). Job growth and a growing population should make this city an attractive place for investors who want to invest their money into rental properties throughout the next year especially as 50% of households here rent rather than own homes!

The metro area is also seeing a rise in new construction as well, with over 9,000 units expected to come online by the end of 2023. Although this will provide more competition for landlords, those who are able to offer quality properties at competitive prices should still be able to attract and retain tenants.

Overall, the real estate market in Atlanta looks promising for investors who are looking to purchase rental properties. With strong job growth and a growing population, there is expected to be high demand for rental units throughout the next year. Although new construction will provide more competition, those who are able to offer quality properties at competitive prices should still be able to find success in this market.

Metropolitan Atlanta is projected to grow by 2.9 million people in the next 30 years, reaching a total population of over 860 thousand according to ARC's estimates; per capita income stands at $36K and median household incomes are higher than national averages. The city is also attracting more people with its job market as it continues to grow, recently being named the best city for young professionals by Forbes. Unemployment in Atlanta is at a low of 3.4%, which is great news for those looking for work or investing in the area.

Some of the most popular neighborhoods in Atlanta for rental properties include:

• Buckhead: This affluent neighborhood is home to many young professionals and families who are attracted to its upscale shops and restaurants, as well as its close proximity to downtown.
• Midtown: Midtown is a popular area for renters who are looking for an urban lifestyle with easy access to public transportation. This neighborhood is also home to many of Atlanta’s cultural attractions, such as the Fox Theatre and the High Museum of Art.
• Downtown: Downtown Atlanta is the city’s center for business and commerce, making it a popular choice for young professionals who work in the area. This neighborhood also offers a variety of dining and entertainment options, as well as easy access to public transportation.
• Old Fourth Ward: This up-and-coming neighborhood is located just east of downtown and is quickly becoming a popular choice for renters who are looking for an affordable place to live that is still close to the city’s center.
• Castleberry Hill: This historic neighborhood is located just west of downtown and is home to many art galleries, restaurants, and shops. It is also within walking distance of several major attractions, such as the Georgia Aquarium and World of Coca-Cola.
• Sandy Springs: The city of Sandy Springs is a perfect destination for those who want to avoid the hassle and crowds that come with staying in downtown Atlanta. With easy access to public transportation, you can enjoy all our beautiful scenery without any worries about getting stuck driving home at night! This area is also home to Mercedes Benz HQ!

If you’re thinking about investing in rental properties in Atlanta, these are some of the most popular neighborhoods that you should consider. With a growing population and strong job market, there is expected to be high demand for rental units throughout the city. By offering quality properties at competitive prices, you should be able to find success in this market.