Matrix Multifamily Atlanta Report-May 2022 May 19, 2022

Atlanta Gains Units + Jobs

Atlanta rents are bolstered by a strengthening job market that expanded 5.8 percent year-over-year. The city’s unemployment rate also returned to pre-pandemic levels. A record number of new units completed last year softened rent growth, up 0.3 percent on a T3 basis through March to $1,673.