Apartments Near The Art Institute of Atlanta

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$2,325
Marietta, GA
4 BR | Ask for Availability
8.3 miles from center of campus
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Atlanta:
December Rent Report

Welcome to the December 2024 Atlanta Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Atlanta rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Atlanta and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Atlanta average rent prices in the chart below.

Monthly Rent Report

$2,150
$1,610
$1,080
$540
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Atlanta Rent Prices Decrease From November to December

Atlanta rent prices decreased over the last month. From November to December, the city experienced a -0.24% decrease for the price of a one-bedroom apartment. The rent price for a Atlanta one-bedroom apartments currently stands at $1,645.0.

When we take a look at the two-bedroom comparison from November to December, Atlanta experienced a 0.34% increase for the price of a two-bedroom apartment. The rent price for a Atlanta two-bedroom apartments currently stands at $2,047.0.

December Prices: Atlanta vs. Surrounding Areas

Dunwoody, GA
Kennesaw, GA
Sandy Springs, GA
Atlanta, GA
Duluth, GA
Decatur, GA
Marietta, GA
$2,077
$1,788
$1,659
$1,649
$1,556
$1,387
$1,285
$0
$700
$1,400
$2,100
$2,800
Median 1 BR Rent

Rent Prices in Atlanta and Surrounding Areas

Rent prices have decreased in Atlanta over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 4 of the Atlanta suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Duluth, GA, Decatur, GA, Dunwoody, GA, Kennesaw, GA .

  • Rent decreased in Marietta, GA, Sandy Springs, GA.

  • 3 suburbs are currently priced higher than the city of Atlanta.

  • 3 suburbs are currently priced lower than the city of Atlanta.

December 2024 Pricing Trends: Atlanta vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Atlanta, GA
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,649
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Atlanta Rent Prices More Affordable Than Major Cities

Rent growth in Atlanta over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Atlanta average rent prices appear to be relatively affordable for local residents.

The price for a Atlanta one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Atlanta and surrounding area rent prices, take a look at the complete data set below.

Data set for Atlanta and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Atlanta, GA $1,649.0 -0.24% $2,040.0 0.59%
Duluth, GA $1,556.0 0.06% $1,896.0 -0.63%
Decatur, GA $1,387.0 3.20% $1,695.0 -1.51%
Dunwoody, GA $2,077.0 0.43% $1,991.0 -1.14%
Marietta, GA $1,285.0 -0.23% $1,600.0 -0.37%
Kennesaw, GA $1,788.0 0.06% $2,367.0 -0.71%
Sandy Springs, GA $1,659.0 -1.13% $1,897.0 1.44%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.