Matrix Multifamily Atlanta Report-January 2025 January 29, 2025

Rent Growth Delayed in Atlanta

Atlanta’s significant inventory expansion of 17,214 units year-to-date contributed to the drop in average advertised asking rents, down 0.5 percent on a T3 basis through November to $1,630. Although unchanged YoY, occupancy stood at a low 92.7 percent in October.