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Why Atlanta Rents Are Falling (or Softening)

3 of 26 tracked Atlanta ZIPs still show rent acceleration, so the softening is uneven rather than citywide. Across tracked ZIPs the typical home value runs from $204,981 in 30303 to $1,562,975 in 30327 — a factor of 7.6. New-construction sales changed -6.13% year over year. The median tracked ZIP records about 59 pending homes per 100 new listings.

Key stats

  • Across tracked ZIPs the typical home value runs from $204,981 in 30303 to $1,562,975 in 30327 — a factor of 7.6.
  • The median tracked ZIP records about 59 pending homes per 100 new listings.
  • The median tracked ZIP has a home-value-to-annual-rent ratio of 16.9.
  • New-construction sales changed -6.13% year over year.
Tracked ZIP markets
26
Median ZIP home value
$384,337
Median ZIP rent
$1,897
housing cost spread
Across tracked ZIPs the typical home value runs from $204,981 in 30303 to $1,562,975 in 30327 — a factor of 7.6.
new construction change
New-construction sales changed -6.13% year over year.
median pending flow
The median tracked ZIP records about 59 pending homes per 100 new listings.

How broad is rent softening?

Metro new-construction sales changed -6.13% year over year.

Sources and method

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