Apartment Atlanta May 2026

Average asking rents in early 2026 hover around $1,640 to $1,650 . After two years of declining rents, forecasts from firms like Marcus & Millichap project that Atlanta will rank second nationally in rent growth, with an estimated 4.1% increase this year.

The following report examines the state of the , analyzing current rental trends, economic drivers, and the ongoing housing affordability crisis. Executive Summary apartment atlanta

An average of 176 people move to the metro daily , supporting a population projected to reach 7.9 million by 2050. Average asking rents in early 2026 hover around

The Atlanta multifamily housing market is transitioning from a period of high supply and modest rent declines to a more balanced environment. As of early 2026, the city is experiencing a , with completions projected at approximately 8,400 to 9,800 units—the lowest level in over a decade. This reduction in supply, paired with robust job growth and steady in-migration, is expected to drive rent growth and compress vacancy rates. 1. Current Market Dynamics (Q1 2026) Executive Summary An average of 176 people move