Atlanta rents and rental comps

Name: Atlanta, GA rental market data
Creator: PropMetrics

The median asking rent across 19 Atlanta zip codes is $1,939/month, down 2.9% from a year ago.

Biggest rental market in the Southeast and one of the widest rent spreads in the country. A 2-bedroom in Buckhead and a 2-bedroom in College Park might as well be in different cities. The zip code makes or breaks the investment.

Median Asking Rent

$1,939

Rent Change (YoY)

-2.9%

Avg Days on Market

Active Rental Listings

11,100

Median List Price

$368,450

Median Asking Rent Over Time

Average across 19 zip codes

12 months-2.4%

Median Asking Rent by ZIP Code

Rental Listings by ZIP Code

ZIP	Median Rent	YoY Growth	$/Sqft	Avg DOM	Listings
30309	$2,276/mo	-1.4%	$2.68	13	1,695
30307	$2,250/mo	-8.9%	$2.30	31	290
30319	$2,066/mo	+5.9%	$2.39	13	727
30308	$2,054/mo	+1.7%	$2.49	23	733
30305	$2,014/mo	-4.6%	$2.32	12	1,124
30316	$2,000/mo	-1.0%	$2.06	30	577
30317	$1,989/mo	-5.5%	$2.07	25	179
30315	$1,950/mo	+8.0%	$1.93	31	388
30327	$1,868/mo	-1.7%	$1.83	26	116
30306	$1,850/mo	-7.5%	$2.07	26	325
30310	$1,845/mo	+2.5%	$1.55	50	325
30312	$1,835/mo	-4.4%	$2.19	19	564
30318	$1,805/mo	-2.4%	$2.14	14	1,814
30303	$1,795/mo	+8.8%	$1.95	17	108
30324	$1,729/mo	+0.5%	$1.87	15	904
30313	$1,700/mo	-8.9%	$2.19	9	256
30331	$1,649/mo	-8.4%	$1.42	31	584
30311	$1,600/mo	-11.1%	$1.30	55	175
30314	$1,450/mo	-17.1%	$1.51	65	216

Comps for any address in Atlanta

Type the address, get the comps. No setup.

Median Asking Rent by Bedroom

Unit Size	Median Rent	$/Sqft
Studio	$1,500/mo	$2.69/sqft
1 Bedroom	$1,652/mo	$2.22/sqft
2 Bedroom	$2,185/mo	$1.96/sqft
3 Bedroom	$2,735/mo	$1.82/sqft
4 Bedroom	$4,350/mo	$1.70/sqft

Aggregated median across all Atlanta zip codes with available data.

For-Sale Listings by ZIP Code

ZIP	Median List Price	YoY Change	$/Sqft
30327	$1,895,000	+33.0%	$369.46
30306	$825,000	+13.8%	$401.80
30319	$695,000	-7.3%	$289.67
30307	$669,000	-3.0%	$361.98
30317	$565,000	-5.8%	$336.80
30305	$475,000	-20.2%	$358.15
30316	$469,000	+10.4%	$279.14
30312	$425,000	-3.2%	$337.20
30324	$425,000	+10.4%	$258.48
30318	$369,900	-3.2%	$249.92
30309	$367,000	-7.8%	$364.45
30308	$330,000	-4.3%	$367.84
30310	$315,000	-3.1%	$217.95
30311	$299,000	+3.1%	$172.48
30313	$297,500	-16.2%	$264.17
30331	$279,900	-1.8%	$159.30
30315	$275,000	-8.0%	$221.30
30314	$269,000	-5.9%	$205.00
30332	$209,900	N/A	$344.10
30303	$189,000	-0.5%	$225.41

HUD Fair Market Rents

Unit Size	Fair Market Rent	Median Asking Rent	Difference
Studio	$2,150/mo	$1,500/mo	-30%
1 Bedroom	$2,250/mo	$1,652/mo	-27%
2 Bedroom	$2,470/mo	$2,185/mo	-12%
3 Bedroom	$2,960/mo	$2,735/mo	-8%
4 Bedroom	$3,540/mo	$4,350/mo	+23%

HUD publishes Fair Market Rents once a year for the Atlanta metro area. Local housing authorities use them to set Section 8 voucher payment standards, usually 90% to 110% of the FMR.

About the Atlanta rental market

The median asking rent across Atlanta, GA sits at $1,939/month, pulled from active rental listings in 19 zip codes. That's down 2.9% from a year ago.

Rents aren't uniform across the city. ZIP 30309 tops the list at $2,276/month. ZIP 30314 comes in lowest at $1,450/month. About a 57% gap between the two ends of the city.

A 2-bedroom rents for $2,185/month at the median. 1-bedrooms run about $1,652. 3-bedrooms come in around $2,735.

Average days on market sits at 26 days. Pace is steady.

Rent-to-price math is tight in Atlanta. The gross figure sits at about 6.3% ($1,939/month against $368,450 median price). Most investors here are betting on appreciation, not monthly cash flow.

HUD's Fair Market Rent for a 2-bedroom in the Atlanta metro is $2,470/month. Asking rents come in about 21% below the federal benchmark, which can make Section 8 properties competitive here.

Atlanta is massive, and rent variation across the metro is extreme. Midtown and the BeltLine corridor get premium rents. South Atlanta and some east side neighborhoods rent for a fraction of that. The economy spans Delta, Home Depot, UPS, Coca-Cola, and a major film production industry. That diversity feeds broad rental demand. Atlanta also has a higher renter share than most major metros, so the tenant pool runs deep. The catch: metro-wide averages are meaningless here. You have to work at the zip code level. A few miles in the wrong direction changes the entire economics of a property.

These numbers are city-wide averages. If you're pricing a specific property in Atlanta, pull comps from the same zip code. The spread is usually bigger than people expect.