Market Dynamics

An influx of young adults is boosting demand in Atlanta. The 20-34 age group, the most likely to be renters, grew by 19,000 in Atlanta during the last year compared to a nationwide loss of 74,000 due to millennials aging. A 26% spike in home prices also boosted rentals.

Sources: CoStar, Real Capital Analytics, RealPage, Marcus & Millichap