Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Atlanta Metro Report: May 2018

The Zumper Atlanta Metro Report analyzed active listings in April across 11 metro cities to show the most and least expensive cities and cities with the Fastest Growing rents. The Georgia one bedroom state median was $966 last month.

Cities Ranked By Rent

Slide01

The Most Expensive

–Atlanta, GA saw rent drop $20 to $1,410 but continued to rank as the most expensive in the metro.

–Sandy Springs, GA rent grew $30 to $1,310 and remained the second priciest.

–Smyrna, GA moved up 2 spots to rank as the third most expensive city with one bedrooms priced at $1,250.

The Least Expensive

–Gainesville, GA held onto its position as the most affordable city with rent at $820.

–Norcross, GA remained second at $880.

–Newnan, GA followed closely behind as third least expensive with rent at $890.

Growth Rate

Slide02

The Fastest Growing (Y/Y%)

–Gainesville, GA had the Fastest Growing Rent since this time last year, climbing 15.5%.

–Norcross, GA was second with rent growing 11.4% since this time last year.

–Atlanta, GA saw rent jump 8.5%, making it third.

The Fastest Growing (M/M%)

–Gainesville, GA rent also had a large monthly growth rate, up 5.1%.

–Smyrna, GA had the second fastest growing rent last month, climbing 5%.ATLMay

Full Data

  1 Bedroom  2 Bedrooms  
Pos.CityPriceM/M %Y/Y %PriceM/M %Y/Y %
1Atlanta$1,410-1.40%8.50%$1,800-2.20%11.10%
2Sandy Springs$1,3102.30%6.50%$1,480-1.30%4.20%
3Smyrna$1,2505.00%5.00%$1,4902.80%15.50%
4Johns Creek$1,2302.50%1.70%$1,4600.70%3.50%
5Dunwoody$1,210-0.80%0.80%$1,530-2.50%0.70%
6Alpharetta$1,1800.00%-2.50%$1,4200.70%-4.70%
7Roswell$1,010-3.80%2.00%$1,240-0.80%-4.60%
8Marietta$940-1.10%8.00%$1,1502.70%9.50%
9Newnan$890-2.20%6.00%$1,0005.30%4.20%
10Norcross$8800.00%11.40%$1,0501.90%8.20%
11Gainesville$8205.10%15.50%$9605.50%9.10%

About

The Zumper Atlanta Metro Report analyzed active listings that hit the market last month. Listings are aggregated by city to calculate median asking rents.

In the market for a new place? Search all Atlanta apartments for rent on Zumper now.

Stay up to date with Zumper by following us on Facebook, Twitter, Instagram, & Pinterest.

The post Atlanta Metro Report: May 2018 appeared first on The Zumper Blog.



This post first appeared on The Zumper Blog | Rental Market Trends, Real Estat, please read the originial post: here

Share the post

Atlanta Metro Report: May 2018

×

Subscribe to The Zumper Blog | Rental Market Trends, Real Estat

Get updates delivered right to your inbox!

Thank you for your subscription

×