Atlanta Rental Market 2026: What Can Landlords Expect?

Atlanta Rental Market 2026: What Can Landlords Expect?

We're well into 2026, and real estate investors in Atlanta, Georgia need to consider the upcoming changes in the local housing market if they intend to adjust accordingly. There are already signs of significant changes driven by average rent growth, rising mortgage rates, and increased competition.

Staying updated in the local market allows you to make informed decisions, especially since real estate investing comes with huge risks. With that said, what are the factors that should influence your investment and property management choices?

Key Highlights:

  • Rental demand in Atlanta, Georgia is shifting, with cooling rent prices but continued interest driven by job growth and limited housing supply.
  • Apartments remain competitive, as average rents dip slightly while staying above the national average.
  • Affordability is becoming a challenge for investors and renters alike due to rising home prices and higher mortgage rates.
  • New developments may boost future demand, especially in emerging areas where added housing and infrastructure can reshape local markets.
  • Landlords must adapt pricing, marketing, and operations to stay competitive and protect cash flow in a changing rental landscape.

Average Rent

Atlanta, GA, is currently seeing a decrease in rent prices, which means landlords can expect a more competitive market. The average rent is now at $1,609, down 0.5% from the previous year. While not as significant, the current market trends point to lower rent prices in the following months.

The average rent for a 765 sq ft one-bedroom apartment is $1,609/month, while a 1,104 sq ft two-bedroom apartment costs $1,907/month. With that said, the city remains 2% higher than the national average rent price.

Housing Market

The Atlanta housing market is expected to experience steady growth, with home prices increasing due to limited inventory and high demand. While the National Association of Realtors previously predicted an increase in sales, the signs point to a shortage in attainable housing for new investors.

As per the last record shown by the Federal Reserve Bank of St. Louis, there has been a steady decline in housing inventory since July 2025. From 28,989 active listings in the rental market, the number has gone down to 25,389 by December 2025.

Home Prices

For those who are planning to expand their rental portfolio, affordability may be far off with both multifamily and single-family homes. First-time home buyers are advised to consult with real estate agents to navigate the rising prices and mortgage rates.

According to Bankrate, the mortgage rates in Georgia have gone back up after a multi-year low in 2024. As of January 2026, the mortgage rates in the state are 5.85% for a 30-year fixed mortgage and 5.25% for a 15-year fixed mortgage.

New Neighborhood Developments

Some areas, like South Fulton, are expected to experience new developments, with the latter seeing a $200M mixed-use project with housing, retail, and green space. This can justify higher rents in Metro Atlanta.

With the project boosting job growth, the rental market will likely experience an increase in demand, as well as further rent growth. For new homebuyers, this can mean price growth in properties, so consult with real estate professionals to determine what to consider in a property, as they will have information on property prices and current interest rates.

How You Can Stand Out in a Competitive Rental Market

With many changes coming into the rental industry in 2026, such as an increase in housing supply, you need to find ways to stand out in the rental market.

Improving Your Curb Appeal

Do not underestimate the power of outdoor design. Many potential tenants looking for single-family homes in suburban markets consider curb appeal as a major factor in their decision to rent. It's the first thing they see before they enter a home, and a well-maintained exterior can be a great selling point.

Create High-Quality Listings

Use professional photos, clear descriptions, and highlight unique features. First impressions matter, and polished listings get more clicks in your local MLSs. It also helps to respond fast to inquiries. In a tough rental market, whoever responds first will get the tenant who is in a hurry to rent a place.

Upgrade Sought-After Amenities

Focus on high-impact improvements such as modern appliances, fresh paint, smart home features, and energy-efficient upgrades. Consider who your target market is. Young professionals, for example, may prefer apartments with smart features or other tech upgrades that fit their lifestyle.

Price Competitively

Set your list price right based on crucial factors in the rental market. You can research similar properties to determine the average rent price. Although income growth is crucial, you still need to consider your rental business's needs. Expenses like mortgage payments, utilities, insurance, operating costs, and more all play a factor here.

Leverage Digital Marketing

The rental real estate industry has also taken to the internet, and landlords have been using it to build their brand. Instead of putting more money into outdated marketing practices, you can utilize several free tools online to increase the visibility of your Atlanta rental property.

Atlanta Rental Market FAQs

Why should Atlanta investors pay close attention to market trends in 2026?

  • Atlanta’s rental and housing markets are shifting due to cooling rents, rising mortgage rates, and increased competition. Staying informed helps investors adjust pricing, acquisition timing, and management strategies to reduce risk.

What is the current average rent in Atlanta, GA?

  • The average rent in Atlanta is $1,609 per month, which is down 0.5% year-over-year. One-bedroom units average $1,609, while two-bedroom units average $1,907.

Is Atlanta still a good rental market despite declining rents?

  • Yes. Although rents are slightly declining, data show that Atlanta remains about 2% higher than the national average, and demand is still supported by population growth, job opportunities, and limited housing inventory.

How do rising mortgage rates impact rental property investments?

  • Higher mortgage rates increase borrowing costs, which can affect cash flow and affordability. Investors may need to be more selective with deals or consult professionals to time purchases strategically. Despite the market shifts, Atlanta remains a good place for a rental business.

Why are new neighborhood developments important for investors?

  • New developments and businesses, such as mixed-use projects in South Fulton, can boost job growth and rental demand. These areas may justify higher rents and offer long-term appreciation potential, which benefits landlords greatly.

How can landlords stand out in Atlanta’s competitive market?

  • Landlords can stand out by improving curb appeal, creating high-quality listings, upgrading in-demand amenities, pricing competitively, and responding quickly to inquiries. They should consider the lifestyle of their target market and how features can boost convenience.

Hiring Real Estate Experts in 2026

Knowing what to expect in the Georgia rental market helps you make adjustments to remain profitable long-term. Professionals who are knowledgeable about the rental industry can provide you with valuable insights so you can make an informed decision.

That's where we come in. Here at PMI Georgia, we can guide you through the ever-shifting rental industry so you can maximize the value of your property. Through professional rental market analysis, you won't be blindsided by the changes in the market.

Get the help your business needs. Call us today!

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