Market Analysis

Atlanta Rental Market

Rental investment market data and analysis · Updated October 2026

Median Home Price

$324,950

Average Monthly Rent

$1,837

Estimated Cap Rate

6.8%

Rent-to-Price Ratio

0.6%

Below 1% Rule

Rent ÷ price by zip code

0 of 4 clear the 1% rule · October 2026

ZipMedian priceMedian rentRent ÷ price
30303$199,900$1,8750.94%
30310$299,900$1,7950.60%
30318$350,000$1,8950.54%
30324$370,000$1,7810.48%

Rent ÷ price over time

PacRent rent-to-price index · Atlanta

0.50%0.80%1.10%1% RULEOctOctOct
Latest reading 0.57% · 3 monthly readings

Context · FRED home price index

Market Trends

Atlanta metro area — % change since 2018

Home Prices

+77.0%

Rent Index

+48.7%

-2%14%30%47%63%79%20182020202220242026

Average Rent by Bedroom

BedroomsAvg Rent
Apartment$1,674/mo
Multi-Family$1,692/mo
Condo$2,050/mo
Townhouse$2,870/mo
Single Family$2,900/mo

Sample Investment Analysis

Based on median price + average rent, 20% down, 6.8% rate, 30yr

Purchase Price$324,950
Down Payment (20%)$64,990
Monthly P&I$1,695
Monthly Rent$1,837
Est. NOI$13,226/yr
Est. Cash Flow-$593/mo
Cash on Cash-9.9%

The Atlanta market is cash-flow negative at median prices. Look for properties 15-20% below median or with value-add potential.

What Investors Should Know About Atlanta

  • 1Moderate cap rates suggest balanced cash flow and appreciation
  • 21% Rule fails at median prices — need rent of $3,250/mo to pass
  • 3Below-average rents keep entry costs low for new investors

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