Atlanta’s metropolitan area has experienced strong growth in recent years, with a large number of new residents and a constantly evolving real estate market. In this article, we will discuss the cities with the fastest growing rental rates in Atlanta’s metropolitan area.
Athens: Athens is the city with the highest rental rate growth in Atlanta’s metropolitan area in the last year, with an increase of 12%. Located about 60 kilometers east of Atlanta, Athens is a college town known for its vibrant cultural scene and beautiful landscape.
With such a significant increase in rental rates, Athens is quickly becoming an attractive city for buyers and renters.
Lawrenceville: With an 8.3% increase in rental rates, Lawrenceville ranks second among the fastest growing cities in Atlanta’s metropolitan area. Located northeast of Atlanta, Lawrenceville is a booming city that has experienced significant economic growth in recent years. With new businesses and housing under construction, it makes sense that rental prices would follow an upward trend.
Gainesville: Gainesville ranks third among the fastest growing cities in Atlanta’s metropolitan area, with an 8.2% increase in rental rates. Located northeast of Atlanta, Gainesville is a city full of beautiful natural parks and lakes, making it an ideal place for those looking for a peaceful life away from the city.
These are just some of the fastest growing cities in Atlanta’s metropolitan area in terms of rental rates. More and more people are moving to the region in search of new economic opportunities and a better life. The real estate market in Atlanta’s metropolitan area remains exciting and dynamic, and will continue to evolve to meet the needs of residents and buyers.