{"id":57444,"date":"2018-01-19T00:33:51","date_gmt":"2018-01-19T08:33:51","guid":{"rendered":"https:\/\/www.rentcafe.com\/blog\/?p=57444"},"modified":"2026-04-21T00:02:51","modified_gmt":"2026-04-21T07:02:51","slug":"atlanta-metro-area-2017-year-end-report","status":"publish","type":"post","link":"https:\/\/www.rentcafe.com\/blog\/rental-market\/local-rent-reports\/atlanta-metro-area-2017-year-end-report\/","title":{"rendered":"Atlanta Metro Area 2017 Rent Retrospect"},"content":{"rendered":"

The average rent in Atlanta at the end of December 2017 was $1,340\/month, 2.4% more than exactly one year prior. In the metro area overall, the average rent was $1,182\/month at the end of the year, an increase of 2.6% over the year, while the national average rent is 2.5% higher than December 2016. Over a 3-year period, the average rent in Atlanta city increased by 17%, at the metro level by 15%, and at the national level by 12%, according to Yardi Matrix<\/a> apartment data.<\/p>\n

\"Atlanta<\/a><\/p>\n

Growing at the about same pace as the national average year over year, the price of\u00a0rental apartments in Atlanta<\/a> continues to be among the most affordable\u00a0compared to cities of similar size, like Washington, DC where the average rent in 2017 was over $2,000, Boston, MA, with an average rent over $3,200, or Miami, where apartments rent for about $1,600\/month.<\/p>\n

A few suburban markets around Atlanta heated up considerably in 2017, five places, in particular, seeing rent prices skyrocket by more than 8% over the year.<\/p>\n

South suburban Fayetteville saw the fastest growing rents in Metro Atlanta<\/h3>\n

According to Yardi Matrix, rents in metro Atlanta<\/a> grew by 2.6% in 2017, on average, significantly slower than in 2016, when they had increased by 5.5%. In Fayetteville<\/a>, a 16,000-resident suburb, rents shot up by 16.1% in 2017 — the biggest increase in the metro area — surpassing the $1,000 mark and reaching $1,074\/month in December.<\/p>\n

The second highest rent increase in the area was in Stone Mountain, GA, where apartments were 9.5% more expensive in 2017 versus the previous year, closing out the year at $863\/month. Lithonia, GA is also getting pricier for renters, with apartment rents up 9.2% for the year, reaching $954\/month as of December 2017. Apartment renters in both Forest Park and Conyers\u00a0experienced 8.2% rent hikes in 2017. The average price for an apartment in Forest Park was $700 in December and in Conyers $950.<\/p>\n

\"Atlanta<\/a><\/p>\n

After suffering a 13.7% price increase in 2016, the highest in the metro region, apartments in Chamblee<\/strong> got even more expensive in 2017, increasing by another 7.8%, now renting for $1,285\/month. Union City<\/strong> rents were not much behind either, with a 7.6% increase in 2017. Larger and more expensive suburbs like Decatur<\/strong><\/a>, Sandy Springs<\/strong><\/a>, and Marrietta<\/strong><\/a>\u00a0had more moderate 2-4% increases in rent prices.<\/p>\n