2022 Atlanta Apartment Data

Atlanta is the 5th largest multifamily market with 505,728 completed units and 173,700 units in development, 32,072 of which have already broken ground, as of September 2022.

Atlanta Multifamily Market Summary – September 2022

New lease asking rents are at $1,714, up 6.7%▲
from the previous year placing Atlanta at 102nd
overall in year-over-year rent growth.

Atlanta Multifamily Market Summary – August 2022

New lease asking rents are at $1,729, up 10.1%▲
from the previous year placing Atlanta at 62nd
overall in year-over-year rent growth.

Atlanta Multifamily Market Summary – July 2022

New lease asking rents are at $1,741, up 13.4%▲
from the previous year placing Atlanta at 39th
overall in year-over-year rent growth.

Atlanta Multifamily Market Summary – June 2022

New lease asking rents are at $1,727, up 14.6%▲
from the previous year placing Atlanta at 33rd
overall in year-over-year rent growth.

Atlanta Multifamily Market Summary – May 2022

New lease asking rents are at $1,700, up 15.1%▲
from the previous year placing Atlanta at 30th
overall in year-over-year rent growth.

Atlanta Multifamily Market Summary – April 2022

New lease asking rents are at $1,680, up 16.1%▲
from the previous year placing Atlanta at 29th
overall in year-over-year rent growth.

Atlanta Multifamily Market Summary – March 2022

New lease asking rents are at $1,673, up 17.8%▲
from the previous year placing Atlanta at 21st
overall in year-over-year rent growth.

Atlanta Multifamily Market Summary – February 2022

New lease asking rents are at $1,670, up 19.6%▲
from the previous year placing Atlanta at 18th
overall in year-over-year rent growth.

Atlanta Multifamily Market Summary – January 2022

New lease asking rents are at $1,663, up 20%▲
from the previous year placing Atlanta at 13th
overall in year-over-year rent growth.

Atlanta Multifamily Market Summary – December 2021

New lease asking rents are at $1,627, up 18.1%▲
from the previous year placing Atlanta at 15th
overall in year-over-year rent growth.