GITNUX MARKETDATA REPORT 2024

Statistics About The Average Rent In Atlanta 1 Bedroom

The average rent for a 1-bedroom apartment in Atlanta is approximately $1,500 per month.

With sources from: cnbc.com, atlanta.curbed.com, zumper.com, patch.com and many more

Statistic 1

8% change in 1 bed apartment rent year-over-year in Atlanta.

Statistic 2

Average cost of rent in Midtown Atlanta for a 1-bedroom apartment is around $1,831.

Statistic 3

April's median rent prices for Atlanta one-bedroom apartments was $1,350.

Statistic 4

In 2019, the average cost of a one-bedroom apartment in Atlanta was $1,427.

Statistic 5

Atlanta's highest average 1-bedroom rent is found in Midtown, with prices frequently surpassing $2,000.

Statistic 6

In Atlanta, the month-over-month rent change for 1-bedroom apartments was -3% in November 2021.

Statistic 7

Atlanta’s average 1-bedroom rent increased by 4.5% in the past year.

Statistic 8

In March 2020, the average cost for a one-bedroom apartment in Atlanta saw a 0.8 percent decrease from the previous month, dropping to $1,417.

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In this post, we explore the latest statistics on the average rent for a 1-bedroom apartment in Atlanta. From year-over-year changes to specific neighborhood costs, we break down key data points to give you a comprehensive understanding of the current rental landscape in the city.

Statistic 1

"8% change in 1 bed apartment rent year-over-year in Atlanta."

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Statistic 2

"Average cost of rent in Midtown Atlanta for a 1-bedroom apartment is around $1,831."

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Statistic 3

"April's median rent prices for Atlanta one-bedroom apartments was $1,350."

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Statistic 4

"In 2019, the average cost of a one-bedroom apartment in Atlanta was $1,427."

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Statistic 5

"Atlanta's highest average 1-bedroom rent is found in Midtown, with prices frequently surpassing $2,000."

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Statistic 6

"In Atlanta, the month-over-month rent change for 1-bedroom apartments was -3% in November 2021."

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Statistic 7

"Atlanta’s average 1-bedroom rent increased by 4.5% in the past year."

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Statistic 8

"In March 2020, the average cost for a one-bedroom apartment in Atlanta saw a 0.8 percent decrease from the previous month, dropping to $1,417."

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Interpretation

Overall, the data on 1-bedroom apartment rents in Atlanta paints a dynamic picture of the market. The statistics reveal a mixed trend with fluctuations in rent prices over time. While the average rent in Midtown remains relatively high and experienced a modest year-over-year increase, other areas of Atlanta saw more significant changes. The citywide average rent increase of 4.5% shows general upward momentum, although monthly changes have been more variable. With the ongoing shifts in rent prices, prospective renters in Atlanta need to stay informed and adaptable to secure the best housing deals.

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