Report: Rent prices down for much of metro Atlanta
Published: Sep. 28, 2023 at 4:03 PM EDT
ATLANTA, Ga. (Atlanta News First) - A newly released report shows rent prices are down across for many areas across metro Atlanta.
Apartmentlist.com found on average, rent in Atlanta itself dropped just under 6% from this time last year.
Their report found the average rent for a one-bedroom apartment in Atlanta will cost about $1,500 a month. The average rent for a one-bedroom apartment in Atlanta is $1,491.
Dunwoody had the biggest drop in rent prices with a 7.4% drop year-over-year.
There was only one area where rent got more expensive year-over-year. Conyers saw a 2.1% increase in rent.
| City | Median One-Bedroom Rent | Median Two-Bedroom Rent | Month-Over-Month Rent Growth | Year-Over-Year Rent Growth |
|---|---|---|---|---|
| Alpharetta | $1,645 | $1,905 | -0.7% | -2.3% |
| Atlanta | $1,491 | $1,489 | -1.3% | -5.9% |
| Chamblee | $1,500 | $1,639 | -0.7% | -6.9% |
| Conyers | $1,300 | $1,401 | -2.2% | 2.1% |
| Dunwoody | $1,559 | $1,838 | -1.5% | -1.8% |
| Johns Creek | $1,795 | $2,091 | -1.8% | -4.4% |
| Kennesaw | $1,533 | $1,722 | -0.5% | -4.6% |
| Lithia Springs | $1,263 | $1,475 | -0.1% | -1.0% |
| Marietta | $1,354 | $1,582 | -0.4% | -4.2% |
| Norcross | $1,182 | $1,527 | 0.1% | -6.5% |
| North Decatur | $1,383 | $1,602 | -0.8% | -2.7% |
| Peachtree Corners | $1,458 | $1,744 | -0.4% | -4.6% |
| Sandy Springs | $1,361 | $1,588 | -1.3% | -5.0% |
| Smyrna | $1,492 | $1,731 | -1.2% | -4.2% |
| Tucker | $1,239 | $1,526 | -1.0% | -1.6% |
For more comparisons and data on rent across metro Atlanta, click here.
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