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Atlanta Metro Report: August 2017

The Zumper Atlanta Metro Report analyzed active listings in July across 11 metro cities to show the most and least expensive cities and cities with the fastest growing rents.

Cities Ranked By Rent

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The Most Expensive

Sandy Springs, GA ranked as the most expensive city to rent in the metro area. One-bedroom units were up to $1,340 this month.

Atlanta, Géorgie followed closely behind as second with one-bedrooms priced at $1,310.

– Alpharetta, GA came in as the third most expensive city with the median rent at $1,290.

The Least Expensive

Gainesville, GA was the most affordable city with rent priced at $750.

Norcross, GA ranked as the second least expensive city with one-bedrooms priced at $800.

– Marietta, GA followed behind with the median rent at $870.

Growth Rate

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The Fastest Growing (Y/Y%)

Sandy Springs, GA has the largest yearly growth rate, up 14.5%.

– Alpharetta, GA experienced an 11.2% growth rate in prices compared to this time last year, making rent here the second fastest growing.

Gainesville, GA came in as the third with a yearly growth rate of 10.3%.

The Fastest Growing (M/M%)

Gainesville, GA saw a 5.6% increase in the median rent for one bedroom units since last month, making it the fastest growing.

Alpharetta & Atlanta, Géorgie were tied for second with a monthly growth rate of 4%.

Sandy Springs, GA came in third, experiencing a 3.1% increase in rent prices this month.

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Full Data

Pos.CityPriceM/M %Y/Y %PriceM/M %Y/Y %
1Seattle$1,9500.50%12.70%$2,460-0.80%7.00%
2Bellevue$1,9301.60%6.60%$2,280-1.70%7.00%
3Kirkland$1,880-1.10%8.00%$2,2904.10%6.00%
4Redmond$1,770-4.80%0.60%$2,220-5.10%5.20%
5Edmonds$1,5504.70%10.70%$1,7001.80%1.20%
6Bothell$1,490-4.50%-0.70%$1,770-4.30%-2.20%
7Lynnwood$1,4000.00%8.50%$1,7000.60%12.60%
8Renton$1,3400.80%-3.60%$1,6301.90%1.90%
9Shoreline$1,270-3.80%-6.60%$1,570-2.50%-5.40%
10Kent$1,1802.60%2.60%$1,4302.90%1.40%
11Burien$1,0801.90%-7.70%$1,450-0.70%2.10%
11Federal Way$1,0803.80%0.00%$1,4005.30%6.90%
12Everett$1,0501.00%-12.50%$1,370-2.10%5.40%
13Tacoma$990-1.00%-10.00%$1,2901.60%4.90%
14Auburn$9404.40%-5.10%$1,3503.80%7.10%
15Puyallup$9200.00%-10.70%$1,220-1.60%8.00%
16Marysville$870-1.10%-8.40%$1,1000.00%3.80%
17University Place$850-1.20%3.70%$1,0701.90%0.90%
18Lakewood$7903.90%-10.20%$1,160-4.90%-1.70%

About

The Zumper Atlanta Metro Report analyzed active listings that hit the market in July 2017. Listings are aggregated by city to calculate median asking rents.

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