Report: Atlanta Rent Growth Continues to Outpace National Average

“As Atlanta becomes taller, denser, and arguably more exciting, the city’s rent prices, of course, follow suit.

In fact, a recent study published by RealPage indicates that, nationwide, only three markets are seeing rents climb faster than those in Atlanta. Phoenix, Las Vegas, and Sacramento each trumped Atlanta’s 5.3 percent year-over-year increase, with 8.1, 6.6, and 5.6 percent upticks, respectively.

Atlanta shares the No. 4 spot on the list of fastest rising rents with Memphis and Greensboro. Thankfully, Atlanta’s average rent price, $1,215—a $73 jump since January 2018—is still cheaper than the national average, $1,356.”

Sixty West Funds is currently targeting multiple properties in Atlanta located in qualified Opportunity Zones. Three of the planned and potential developments align with the BeltLine Westside trail extension, with an anticipated $550 M in development.

Learn More about Sixty West Funds targeted properties HERE.

Read the full Curbed Atlanta article HERE.