As we move into the summer months, Atlanta’s rental market is showing signs of stability after a year of adjustments. Whether you’re a landlord, tenant, or investor, understanding recent trends and what’s ahead can help you plan with confidence.
May 2025 Snapshot: A Stabilizing Market
After several months of softening prices, average rent in Atlanta increased to $2,056 in May, up from $2,000 in April. While this is still down from the $2,100 average this time last year, it marks the first month-over-month uptick since early 2024.
Apartment-specific trends show a steady market:
Studio: $1,534
1-bedroom: $1,616
2-bedroom: $1,928
3-bedroom: $2,235
Rental homes are spending about 71 days on market, indicating healthy—though not frenzied—leasing activity. These numbers suggest that while demand isn’t overheating, it remains consistent.
Forecast: Modest Growth and a Landlord-Friendly Shift
Industry analysts are predicting a 1.9% increase in rents by the end of 2025, signaling a mild but steady rebound. With multifamily construction slowing—especially compared to the boom of the past two years—supply will tighten, placing upward pressure on prices.
This marks a shift toward a landlord-favorable market, particularly in high-demand areas of Metro Atlanta where rental inventory is constrained. As affordability challenges continue in the homebuying market, many would-be buyers are remaining renters for longer.
Supply Trends to Watch
Although Atlanta continues to issue a strong number of multifamily permits, much of that supply has already hit the market. Rising construction costs and regulatory hurdles have slowed new developments, creating a potential supply crunch by 2026.
Add to that the fact that over 54% of single-family homes in Atlanta are renter-occupied, and you’ll see why institutional and individual landlords are paying close attention to long-term holding strategies.
Key Takeaways
Rents in May rose to $2,056—a small but important sign of market resilience.
Leasing times averaged 71 days, reflecting steady demand.
Rent growth is projected to rise by 1.9% by year-end, with limited new inventory supporting price increases.
The market is slowly shifting in favor of landlords after a period of increased concessions and tenant bargaining power.
If you’re a property owner considering listing your rental, now is a good time to prepare before prices climb further. And if you’re a renter, locking in a lease now could mean avoiding future hikes.
Stay tuned for next month’s update as we track how the summer rental season unfolds in Metro Atlanta.
—Brigitte Coleman
Licensed Real Estate Broker | Property Management Expert
#1Source Property Management
