Market Insights | Spring 2023 | Atlanta

Market Insights | Spring 2023 | Atlanta

February 16, 2023


Year-over-year rent growth was still ahead of greater Atlanta’s historical average, even if slim compared to the year-end gain of 17.9% in 2021. Rent gains were overall healthy in Class B and C multifamily categories entering 22Q4. Y-o-Y effective rent growth reached its peak in 21Q3 at 20.1%. Class C metro properties had the greatest rent growth gain at 7.3%, and 3-star properties had a rental increase of 2.1%.

 

Market Insights | Spring 2023 | Atlanta