Atlanta Real Estate Market Analysis

Atlanta Investment Properties

Discover Atlanta

Atlanta is the capital of Georgia as well as the most populous city in the state. Atlanta is also the 38th largest city in the US in terms of population, with over 486,000 residents, 60% of whom rent a property rather than own a home. This is a very positive sign for those who are thinking of buying a rental property in the Atlanta housing market, particularly with regards to traditional, long-term rentals.

Atlanta comprises the cultural and economic center of the Atlanta metropolitan area. With a population of 5.8 millions, this is the ninth most populous metro area nationwide and the tenth largest economy in the US. Atlanta boasts a strong and diverse economy, which is one of the main attractions for real estate investing. The main economic sectors include professional and technical services, trade, education, healthcare, leisure and hospitality, manufacturing, and financial activities. The city hosts the third largest concentration of Fortune 500 companies across the US. Atlanta is also a busy transportation hub.

Tourism is a crucially important industry in Atlanta. The city receives more than 35 million visitors per year, which makes it the seventh most popular tourist destination in the US. The tourism sector is driven by the numerous outdoors attractions as well as the historic museums among others. Some of the major tourist attractions include the Georgia Aquarium, the World of Coca-Cola, Centennial Olympic Park, the Atlanta Botanical Garden, the Martin Luther King, Jr. National Historical Park, Zoo Atlanta, the Atlanta History Center, and Six Flags Over Georgia. The strong tourism sector makes Atlanta one of the best cities for Airbnb investment.

The Atlanta real estate market has been and remains one of the best places to buy an investment property. This has recently been confirmed by PWC, which named the Atlanta housing market as the 10th most important US Market to Watch in 2019 for overall real estate perspectives. According to PWC’s Emerging Trends in Real Estate: United States and Canada 2019 annual report, Atlanta constitutes an attractive primary market with readily available real estate investing opportunities.

Atlanta Real Estate Investment Performance

Facts and Market Trends in Atlanta

Homes For Sale3,773

Airbnb Properties5,071

Rental Properties3,673

Traditional Vacancy rate7.60%

Airbnb Occupancy Rate52.47%

Mashmeter23.19%

Median Price$429,000

Median Rent Price$2,858

Price/sqft$1,112

Median Days on Market67

Price to Rent Ratio21.1

Average Cap Rate

Airbnb5.15%

Traditional5.57%

Average Rental Income

Airbnb$2,498

Traditional$2,340

Median Household Income$69,164

Population496,461

Transportation in Atlanta

48 / 100

Car-Dependent

44 / 100

Some Transit

42 / 100

Somewhat Bikeable

Best Short Term Rental Markets

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Short Term Rentals For Sale

Calculate annual revenue, ADR, & occupancy rates with our free Airbnb calculator

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Atlanta Rent Prices

RENTAL STRATEGY	STUDIOS	1 BEDROOM	2 BEDROOMS	3 BEDROOMS	4 BEDROOMS
Airbnb	$1,638	$1,468	$2,072	$2,915	$3,810
Traditional	$1,498	$1,464	$1,828	$2,522	$3,085

Atlanta, GA - Homes for Sale - Newly Listed

Find Investment Properties

$499,900

MLS 20149837

763 Miller Run SW
Atlanta, GA 30349 Wildwood Forest

Single Family Residential

5 beds4 baths4,028 sq.ft.

CAP RATE

Trad. 3.70%Airbnb 6.60%

$895,000

MLS 7283368

700 Park Regency Pl NE #2305
Atlanta, GA 30326 Lenox

Condo/Coop

2 beds2 baths1,940 sq.ft.

CAP RATE

Trad. 0.42%Airbnb -1.50%

$2,250,000

MLS 7283553

3275 Rockingham Dr NW
Atlanta, GA 30327 Brandon

Single Family Residential

6 beds5 baths0 sq.ft.

CAP RATE

Trad. -0.13%Airbnb 0.81%

$750,000

MLS 7284225

2914 Springdale Rd SW
Atlanta, GA 30315 Hammond Park

Other

0 beds baths0 sq.ft.

CAP RATE

Trad. -0.39%Airbnb -0.27%

Top Performing Atlanta Properties

Find Investment Properties

$195,000

MLS

323 Granville Ct
Atlanta, GA 30328 Brookhaven

Condo/Coop

2 beds2 baths0 sq.ft.

CAP RATE

Trad. 6.95%Airbnb 8.00%

$195,000

MLS

323 Granville Ct
Atlanta, GA 30328 Brookhaven

Condo/Coop

2 beds2 baths0 sq.ft.

CAP RATE

Trad. 6.95%Airbnb 8.00%

$345,000

MLS 7250036

6851 Roswell Road #17
Atlanta, GA 30328 Chastain Park

Condo/Coop

4 beds2 baths1,628 sq.ft.

CAP RATE

Trad. 7.61%Airbnb 7.98%

$399,900

MLS 9049958

1226 Lucile Avenue SW
Atlanta, GA 30310 West End

Single Family Residential

5 beds3 baths3,705 sq.ft.

CAP RATE

Trad. 4.86%Airbnb 7.98%

Recently Sold Homes in Atlanta, GA

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$30,000

MLS 10202171

0 Jones Ave
Atlanta, GA 30318 Almond Park

Other

beds baths1,232 sq.ft.

CAP RATE

Trad. 30.51%Airbnb 15.08%

$3,650,000

MLS 7264374

100 Inman Cir NE
Atlanta, GA 30309 Ansley Park

Single Family Residential

5 beds4 baths0 sq.ft.

CAP RATE

Trad. -0.89%Airbnb 0.12%

$74,900

MLS 7271268

1666 S Olympian Way
Atlanta, GA 30310 West View

Other

0 beds baths0 sq.ft.

CAP RATE

Trad. 13.38%Airbnb 7.09%

$74,900

MLS 7271266

1698 S Olympian Way
Atlanta, GA 30310 West View

Other

0 beds baths0 sq.ft.

CAP RATE

Trad. 13.38%Airbnb 7.09%

Property Value Changes and Real Estate Appreciation in the Atlanta Housing Market

Real estate appreciation has been moderate for Atlanta, GA homes for sale. According to NeighborhoodScout, since 2000, Atlanta property values have increased by 63%, which brings an average annual appreciation rate of 2.6%. Meanwhile, Zillow reported a 12.2% increase in the median listing price in the Atlanta real estate market over the past year. This housing market trend is expected to continue, which makes Atlanta a hot seller’s market with large opportunities for long-term return on investment.

Nevertheless, Atlanta investment properties remain affordable at the moment. This makes the local housing market one of the best cities to invest in real estate even for first-time property investors who are usually short on financing.

Atlanta, GA Top Multi Family Homes

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$309,000

MLS 7282250

1827 Joseph E Boone Boulevard NW
Atlanta, GA 30314 West Lake

Multi Family

0 beds0 baths0 sq.ft.

CAP RATE

Trad. 4.00%Airbnb 6.48%

$625,000

MLS 7265913

566 Woods Dr NW
Atlanta, GA 30318 Center Hill

Multi Family

0 beds0 baths0 sq.ft.

CAP RATE

Trad. 3.12%Airbnb 4.52%

$649,000

MLS 7281582

2107 Palifox Drive NE
Atlanta, GA 30307 Lake Claire

Multi Family

0 beds0 baths0 sq.ft.

CAP RATE

Trad. 2.62%Airbnb 2.12%

$125,000

MLS 20150327

139 Peyton Pl
Atlanta, GA 30311 Harland Terrace

Multi Family

beds baths0 sq.ft.

CAP RATE

Trad. 5.97%Airbnb N/A

Homes Below Median Price in the Atlanta, GA Real Estate Market

Find Investment Properties

$195,000

MLS

323 Granville Ct
Atlanta, GA 30328 Brookhaven

Condo/Coop

2 beds2 baths0 sq.ft.

CAP RATE

Trad. 6.95%Airbnb 8.00%

$195,000

MLS

323 Granville Ct
Atlanta, GA 30328 Brookhaven

Condo/Coop

2 beds2 baths0 sq.ft.

CAP RATE

Trad. 6.95%Airbnb 8.00%

$345,000

MLS 7250036

6851 Roswell Road #17
Atlanta, GA 30328 Chastain Park

Condo/Coop

4 beds2 baths1,628 sq.ft.

CAP RATE

Trad. 7.61%Airbnb 7.98%

$399,900

MLS 9049958

1226 Lucile Avenue SW
Atlanta, GA 30310 West End

Single Family Residential

5 beds3 baths3,705 sq.ft.

CAP RATE

Trad. 4.86%Airbnb 7.98%

Atlanta Airbnb Growth and Regulations

The Airbnb rentals industry has been on the rise in the Atlanta real estate market, similar to other top tourist and business destinations in the US. The good news for real estate investors who consider this rental strategy is that Airbnb Atlanta rentals are fully legal.

Airbnb hosts in Atlanta, nonetheless, have to obtain both a hotel license and a business license. Moreover, Airbnb real estate investors have to pay hotel occupancy tax.