Coming off of a strong summer, Atlanta’s rent prices had slower growth this fall. Atlanta remained the fifteenth most expensive city in the country to rent, moving down a spot since last quarter, according to our most recent national rent report. The price for one bedrooms was up 2.4% in October, now at a median of $1,290, and the price for two bedrooms remained flat at a median of $1,610.
Northern Atlanta neighborhoods Peachtree Heights West ($1,790), South Tuxedo Park ($1,725), and North Buckhead ($1,630) continued to be the three priciest areas to rent in. More affordable neighborhoods of Atlanta, with median rents ranging from $600-$1000, are located around the four outer corners of the city, with median rents hitting as low as $640 in Hunter Hills.
If you’re interested in seeing how Atlanta compares with the rest of the United States, view our National Rent Report for November.
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