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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 Realtors and Real Estate Agents


Atlanta  Real Estate Investment Performance
Facts and Market Trends in Atlanta
Homes For Sale4,572
Airbnb Properties1,545
Rental Properties4,101
Traditional Vacancy rate6.50%
Airbnb Occupancy Rate43.63%
Mashmeter65.44%
Median Price$389,000
Median Rent Price$2,132
Price/sqft$279
Median Days on Market76
Price to Rent Ratio19.0
Average Cap Rate
Airbnb0.37%
Traditional2.61%
Average Rental Income
Airbnb$1,794
Traditional$1,865
 
Median Household Income$77,382
Population486,290
Transportation in Atlanta
49 / 100
Car-Dependent
47 / 100
Some Transit
41 / 100
Somewhat Bikeable
Atlanta  Rent Prices
RENTAL STRATEGY STUDIOS 1 ROOM 2 ROOMS 3 ROOMS 4 ROOMS
Airbnb$1,251$959$1,246$1,861$3,845
Traditional$1,054$1,095$1,369$1,879$2,244
Atlanta, GA - Homes for Sale - Newly Listed
$307,000
MLS 6864518
860 Peachtree Street NE #2212
Atlanta, GA 30308
Midtown
Condo/Coop
1 beds1 baths808 sq.ft.
CAP RATE
Trad. 3.20%Airbnb -0.57%
$485,000
MLS 8960366
870 Inman Village Parkway NE
Atlanta, GA 30307
Inman Park
Condo/Coop
2 beds2 baths0 sq.ft.
CAP RATE
Trad. 4.01%Airbnb -0.44%
$139,900
MLS 8960301
2581 Dale Creek Dr
Atlanta, GA 30318
Westhaven
Single Family Residential
2 beds1 baths0 sq.ft.
CAP RATE
Trad. 6.15%Airbnb 2.28%
$230,000
MLS 8960059
301 10th Street #14
Atlanta, GA 30309
Midtown
Condo/Coop
1 beds1 baths600 sq.ft.
CAP RATE
Trad. 4.20%Airbnb -0.84%
Top Performing Atlanta Properties
$335,000
MLS 8958134
1937 Vance Dr
Atlanta, GA 30345
Ridgedale Park
Single Family Residential
3 beds2 baths1,280 sq.ft.
CAP RATE
Trad. 6.66%Airbnb 7.91%
$420,000
MLS 6867512
2930 Townley Circle
Atlanta, GA 30340
Brookhaven
Single Family Residential
4 beds3 baths2,128 sq.ft.
CAP RATE
Trad. 5.76%Airbnb 7.90%
$245,000
MLS 6855952
181 Powell Street SE #11
Atlanta, GA 30316
Cabbagetown
Condo/Coop
2 beds1 baths680 sq.ft.
CAP RATE
Trad. 7.27%Airbnb 7.84%
$279,900
MLS 6854523
1176 Eastridge Road SW
Atlanta, GA 30311
Cascade Avenue-Road
Single Family Residential
4 beds3 baths1,204 sq.ft.
CAP RATE
Trad. 1.77%Airbnb 7.83%
Recently Sold Homes in Atlanta, GA
$395,000
MLS 6866961
2877 Whispering Hills Drive
Atlanta, GA 30341
Brookhaven
Multi Family
0 beds0 baths0 sq.ft.
CAP RATE
Trad. N/AAirbnb N/A
$599,000
MLS 8934368
893 Monroe Cir
Atlanta, GA 30308
Virginia Highland
Multi Family
0 beds0 baths0 sq.ft.
CAP RATE
Trad. N/AAirbnb N/A
$734,850
MLS 8945416
827 Marstevan Dr
Atlanta, GA 30306
Morningside - Lenox Park
Multi Family
0 beds0 baths0 sq.ft.
CAP RATE
Trad. N/AAirbnb N/A
$795,000
MLS 8934356
1313 North Highland Ave
Atlanta, GA 30306
Morningside - Lenox Park
Multi Family
0 beds0 baths0 sq.ft.
CAP RATE
Trad. N/AAirbnb N/A
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
$189,900
MLS 8958842
4318 Chastain Walk #4318
Atlanta, GA 30342
East Chastain Park
Multi Family
0 beds0 baths0 sq.ft.
CAP RATE
Trad. 6.85%Airbnb N/A
$220,000
MLS 8926135
1087 Windsor St
Atlanta, GA 30310
Pittsburgh
Multi Family
0 beds0 baths0 sq.ft.
CAP RATE
Trad. 5.09%Airbnb N/A
$225,000
MLS 8958011
261 Lawton St
Atlanta, GA 30314
Ashview Heights
Multi Family
0 beds0 baths0 sq.ft.
CAP RATE
Trad. 4.51%Airbnb N/A
$287,000
MLS 8951702
3016 Larose St
Atlanta, GA 30344
Fort Valley
Multi Family
0 beds0 baths2,500 sq.ft.
CAP RATE
Trad. 4.05%Airbnb N/A
Homes Below Median Price in the Atlanta, GA Real Estate Market
$335,000
MLS 8958134
1937 Vance Dr
Atlanta, GA 30345
Ridgedale Park
Single Family Residential
3 beds2 baths1,280 sq.ft.
CAP RATE
Trad. 6.66%Airbnb 7.91%
$420,000
MLS 6867512
2930 Townley Circle
Atlanta, GA 30340
Brookhaven
Single Family Residential
4 beds3 baths2,128 sq.ft.
CAP RATE
Trad. 5.76%Airbnb 7.90%
$245,000
MLS 6855952
181 Powell Street SE #11
Atlanta, GA 30316
Cabbagetown
Condo/Coop
2 beds1 baths680 sq.ft.
CAP RATE
Trad. 7.27%Airbnb 7.84%
$279,900
MLS 6854523
1176 Eastridge Road SW
Atlanta, GA 30311
Cascade Avenue-Road
Single Family Residential
4 beds3 baths1,204 sq.ft.
CAP RATE
Trad. 1.77%Airbnb 7.83%
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.

Atlanta, GA Top Airbnb Homes
$55 per night
$93 per night
Entire home/apt · 2 beds
Unique Modern Tiny House 2BR/1BA
522
$91 per night
Entire home/apt · 1 bed
The Gatehouse - A Studio Apartment
514
$98 per night
Atlanta, GA Homes for Rent
$1,875
MLS 8959913
34 Arpege Way
Atlanta, GA
Cross Creek
Apartment
2 beds2 baths0 sq.ft.
$3,250
MLS 8959882
675 Greenwood Avenue #108
Atlanta, GA
Virginia Highland
Single Family
2 beds3 baths1,698 sq.ft.
$3,600
MLS 8960008
371 Pratt Dr #208
Atlanta, GA
Peoplestown
Single Family
3 beds3 baths2,236 sq.ft.
$1,750
MLS 8959807
195 14Th St #1412
Atlanta, GA
Midtown
Single Family
1 beds1 baths755 sq.ft.
Atlanta, GA Open Houses
Open 1 PM to 3:30 PM
$206,500
MLS 6830712
3334 Peachtree Road NE #210
Atlanta, GA 30326
Buckhead Forest
Condo/Coop
1 beds1 baths793 sq.ft.
CAP RATE
Trad. 4.76%Airbnb -0.22%
Open 2 PM to 4 PM
$750,000
MLS 6866848
650 SEMINOLE Avenue NE
Atlanta, GA 30307
Atkins Park
Single Family Residential
3 beds2 baths1,968 sq.ft.
CAP RATE
Trad. 2.52%Airbnb 0.45%
Open 12 PM to 2 PM
$1,600,000
MLS 6864918
1735 Merton Road NE
Atlanta, GA 30306
Morningside - Lenox Park
Single Family Residential
4 beds4 baths3,300 sq.ft.
CAP RATE
Trad. 0.80%Airbnb -0.05%
Open 2 PM to 4 PM
$715,000
MLS 6867851
63 Standish Avenue NW
Atlanta, GA 30309
Brookwood
Single Family Residential
3 beds2 baths1,850 sq.ft.
CAP RATE
Trad. 4.75%Airbnb 1.34%
Best Atlanta Neighborhoods for Buying Investment Property
86%
Mashmeter
property price
$430,000
Median
cap rate
5.54%
Traditional
8.02%
Airbnb
rental income
$1,983
Traditional
$2,874
Airbnb
homes for sale
8
occupancy rate
61%
Airbnb
82%
Mashmeter
property price
$240,750
Median
cap rate
19.28%
Traditional
10.47%
Airbnb
rental income
$3,867
Traditional
$2,100
Airbnb
homes for sale
110
occupancy rate
47%
Airbnb
72%
Mashmeter
property price
$419,500
Median
cap rate
6.93%
Traditional
8.34%
Airbnb
rental income
$2,424
Traditional
$2,914
Airbnb
homes for sale
6
occupancy rate
62%
Airbnb
72%
Mashmeter
property price
$320,000
Median
cap rate
7.65%
Traditional
8.21%
Airbnb
rental income
$2,040
Traditional
$2,190
Airbnb
homes for sale
58
occupancy rate
53%
Airbnb
60%
Mashmeter
property price
$512,000
Median
cap rate
4.56%
Traditional
7.01%
Airbnb
rental income
$1,945
Traditional
$2,992
Airbnb
homes for sale
0
occupancy rate
42%
Airbnb
All Atlanta Neighborhoods