
Atlanta’s multifamily sector remains resilient, absorbing 22,389 units over the past 12 months while vacancy dipped to 11.2%. Asking rent held steady around $1,646 per unit, and the average sale price ticked upward to about $215,995. With approximately 17,190 units currently under construction, down significantly from 25,379 a year ago, supply pressure is easing and investor confidence looks firm in the metro.
Lee & Associates is a national commercial real-estate advisory firm offering brokerage, research, capital advisory and consulting services. Their Atlanta multifamily market report analyses local fundamentals, including rent trends, occupancy, deliveries, pricing and pipeline activity, to help owners, developers and investors make informed strategic decisions. To read the full report, click here.
